Business Desk
Chairman of Yes Bank, one of the youngest and most respected banks in the country, has died in terrorist attack at The Oberoi. The Chairman, Mr. Ashok Kapur was earlier reported missing. After the hotel was sanitized, his body was discovered at the hotel.
Yes Bank is financially owned by Mr. Rana Kapoor and Mr. Ashok Kapur, who have a collective financial stake of 34%
Mr. Ashok Kapur was the Non Executive Chairman of the Bank. He was an Associate of the Institute of Bankers, U.K.
Mr. Kapur had been in the industry since 1962 and was employed by Grindlays Bank in various capacities including General Manager, Institutional Banking and Managing Director, Grindlays Merchant Bank of Nigeria Limited. He has also worked as Regional Manager (Executive Vice-President), ABN Amro Bank, Singapore, where he was involved with the geographical spread of the Asia/Australia branch network and the different business groups including commercial and investment banking. He was also the first Asian to be appointed Country Manager of ABN Amro Bank, India.
Before joining Yes Bank, Mr. Kapur was the Managing Director of Rabo India where he led a management team to partner Rabobank Netherlands to set up Rabo India, a new financial service company focused on corporate and structured finance for the Indian market.
Till now 12,000 birds culled in Assam
Health authorities in Assam have killed some 12,000 birds of the estimated 60,000 birds ordered to be killed after an outbreak of the deadly bird flu virus in the region.
The operation is going on in the district of Kamrup since friendly and so far about 12,000 chickens and ducks were killed, Manoranjan Choudhury,Deputy Director of Assam's veterinary department.
This operation is being carried out in 48 villages within a five kilometer radius of village Thakurchuba in Kamrup district, about 40km west of Assam's main city of Guwahati.
The target is to kill ducks and chickens more.This operation is expected to continue for about a week until the entire area is depopulated of the estimated 60,000 poultry, Parthajyoti Gagoi, a central health ministry official said. More than 300 birds died in the past one week in the area. Assam's veterinary and animal husbandry department has sounded an alert and is maintaning strict.
A central health ministry team is also assisting the local authorities in the culling operations. We have taken all precautionary health measures as well in the area to ensure than humans are not affected, gogoi said.
The world health organisations(WHO) fears that the H5N1 strain could mutate into a form easily transmitted between humans and spark a deadly pandemic. Sale and purchase of poetry in the area was banned.