The Rise of India's New Billionaires (And the Fall of the Old)
Vijay Mallya, founder and chairman of Kingfisher Airlines Ltd., center, speaks to members of the media as he arrives at Westminster Magistrates’ Court in London. (Photographer: Chris Ratcliffe/Bloomberg)

The Rise of India's New Billionaires (And the Fall of the Old)

(Bloomberg) -- India is going through one of the greatest periods of wealth creation -- and destruction -- all at the same time.
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