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The State Bank of India (SBI) announced Thursday it would invest 72.50 billion rupees ($977 million) in embattled Yes Bank as part of a restructuring plan backed by the central bank. "Our shareholding in Yes Bank Ltd. will remain within 49 percent of the paid up capital," SBI said in a statement without offering further details.

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Since the novel coronavirus first emerged in late December, 2019, 110,564 cases have been recorded in 100 countries and territories, killing 3,862 people, according to an AFP toll based on official sources on Monday around 1100 GMT.

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Shares in India's embattled Yes Bank soared by almost a third Monday on hopes of a central bank-backed rescue plan for the country's fourth-largest private lender, which tanked last week on fears it was about to collapse.

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Even before the U.S. and India could exult and bask in the afterglow of President Trump’s triumphant 36-hour whirlwind yatra to India on Feb. 24-25, replete with all of its pomp and pageantry and a surfeit of symbolism, the wanton and hate-filled communal violence in New Delhi, has cast a pall over the visit.

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President Donald Trump got a rapturous and romantic welcome to India on Monday, addressing a huge rally and holding hands with his wife at the Taj Mahal, in a maiden official visit big on photo opportunities but short on concrete results.