Day: March 10, 2020

Some bondholders of India’s Yes Bank file court petition against rescue deal

MUMBAI – Some bondholders of Yes Bank (YESB.NS) have filed a court petition against a state-led rescue deal that involves a writedown of their papers, potentially hindering a timely recovery at the beleaguered Indian lender. Axis Trustee Services Ltd, representing several investors in so-called AT1 bonds issued by […]

Modi cancels Dhaka trip after Bangladesh detects coronavirus

NEW DELHI – Indian Prime Minister Narendra Modi cancelled a visit to Bangladesh next week to attend a celebration of the country’s first president, after Dhaka detected its first cases of coronavirus and postponed the event. The event marking the centenary of the birth of Sheikh Mujibur Rahman […]

India’s celebration of festival of colours muted amid coronavirus fears

NEW DELHI – India’s Hindu festival of Holi was subdued on Tuesday with fears of the coronavirus putting a damper on the usually boisterous celebration marked by the throwing of coloured powder and dousing with dyed water. The two-day spring festival is a rowdy explosion of colour, with […]

Taliban wait for Afghan president to order release of fighters in prisoner swap

PESHAWAR/KABUL – The Taliban sent vehicles for fighters set to be released by the Afghan government in a prisoner swap expected to be announced on Tuesday, and were ready to honour their side of the deal by handing over 1,000 captured government troops, militant leaders said. Afghan President […]

Personal ambition played major part in Scindia’s decision: Adhir

New Delhi, Mar 10: Congress leader Adhir Chowdhury on Tuesday said ideology did not matter to Jyotiraditya Scindia, and claimed that “political convenience” and “personal ambition” played a major part in his decision to quit the party. Chowdhury alleged that some sort of “allurement and enticement” offered by the […]

MP: Another Congress MLA quits, number rises to 20

Bhopal, Mar 10: The number of MLAs who have resigned from the Congress in Madhya Pradesh climbed to 20 on Tuesday afternoon with another legislator quitting the ruling party, sources said. While 19 MLAs, most of them believed to be loyal to expelled party leader Jyotiraditya Scindia, have sent […]

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