Top News: Moody's downgrades PNB, Nipah virus, Karnataka elections and more

Nipah virus killed 9 in Kerala, Karnataka MLA said the audio tapes alleging poaching by BJP were fake; Vishal Mega Mart would see ownership change, Moody's downgraded PNB. Catch latest updates here

Global rating agency Moody's on Monday downgraded public-sector lender Punjab National Bank's rating to “Ba1’’ from “Baa3’’ due to the negative impact of fraudulent transactions on capital position and asset quality.

Meanwhile, reports suggest that as many as nine people might have lost their lives because of the Nipah virus outbreak in Kerala's Kozhikode district. The Kerala government has assured that all arrangements are in place and there is no need to panic.
 

In Karnataka, the political drama since the state Assembly election threw up a fractured mandate doesn't seem to get over. Congress MLA Shivram Hebbar dismissed as 'fake'