Wednesday, 29 July 2020

Yes Bank to take over HQ of Anil Ambani

Yes Bank, which faced a crisis in March this year on account of bad debts, has substantial loans due from the Anil Ambani group, to which it had an exposure of close to Rs 12,000 crore. In the last two decades, the Anil Ambani group expanded aggressively in new businesses raising high levels of debt.

from The Times of India https://ift.tt/30b2UZ5

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Suitcases of suspected cocaine found in Sierra Leone embassy vehicle

The country's envoy to neighbouring Guinea is recalled to explain the incident but has not been arrested. from BBC News https://ift.tt...