Inside the Viral Raj Shamani x Vijay Mallya Podcast: Legacy, Media, and Redemption

Raj opened the podcast with a question that echoed across households and headlines: Why now? Mallya explained that for nearly a decade, he has lived under intense scrutiny, portrayed in the media as a symbol of corporate wrongdoing. He referred to himself as a “public lightning rod of anger,” claiming that the press created narratives that lacked balance or his version of events.

So, why choose Raj Shamani’s platform? Mallya said he appreciated Raj’s thoughtful, non-aggressive style and his large youth audience—people he believes should hear a complete, unfiltered version of the story, rather than the one sculpted by headlines.

The King of Good Times: A Look Back

Before the controversies, Mallya was seen as one of India’s most successful and flamboyant entrepreneurs. At 28, he took over United Breweries Group, making Kingfisher beer a household name. In 2005, he launched Kingfisher Airlines, a premium airline known for its hospitality and brand appeal. He also owned the Force India F1 Team, taking Indian branding into global sports arenas.

However, as Mallya pointed out, entrepreneurship often comes with high risks. While Kingfisher Airlines began with much fanfare, operational costs, mounting debt, and poor regulatory support ultimately led to its shutdown in 2012.

Business Failures vs. Criminal Charges

One of the core themes of the podcast was the stigma attached to business failures in India. Mallya emphasized that a failed business should not automatically be labeled as fraudulent. He revealed that banks had already recovered ₹14,000 crores—more than double the ₹6,200 crores in defaulted loans—through attached assets and shares. He even displayed a Debt Recovery Tribunal certificate on camera to support his claim.

He questioned why Indian society often fails to differentiate between calculated business risk and criminal intent, stating that his portrayal as a fugitive has been deeply unjust.

Kingfisher Calendar & Cultural Influence

The conversation also explored Mallya’s cultural impact, particularly through the iconic Kingfisher Calendar. Introduced in the early 2000s, the calendar was a unique blend of fashion and branding, helping launch the careers of stars like Deepika Padukone and Katrina Kaif. For Mallya, this was a celebration of Indian beauty, talent, and creativity—a legacy he continues to be proud of.

Leaving India: Rumors vs. Reality

A viral claim that Mallya left India with 55 suitcases was addressed in the podcast. He clarified that he has been a UK permanent resident for over 32 years, and his exit from India was neither hidden nor illegal. Mallya said he informed the then Finance Minister before boarding a flight to London for what was intended to be a business trip. Yet, mounting public outrage and political hurdles discouraged his return.

He denied ever “fleeing,” stating he would consider returning to India under the assurance of a fair legal process and dignified treatment.

Political Interference and Systemic Barriers

While Mallya stopped short of naming specific entities, he spoke openly about political interference in Indian businesses. He stressed how entrepreneurs are often vulnerable to being scapegoated when things go wrong, and how public sentiment can easily be influenced against them.

Apologies and Redemption

One of the more emotional moments came when Mallya apologized to former Kingfisher Airlines employees for unpaid salaries. He acknowledged their struggles and expressed sincere regret, stating no business owner wants such an outcome for their team.