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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 […]

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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 […]

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