Lenders to Hotel Leela, a 5-star chain that is more than two months behind in payments on $700 million of debt, are likely to bite the bullet and amend the loan terms rather than declare it in default

A local court on Saturday issued arrest warrants against IPL franchise Kings XI Punjab co-owners actor Preity Zinta and industrialists Ness Wadia and Mohit Burman for failing to appear before it on a