Indian IT honcho Phaneesh Murthy sacked for undisclosed relationship
Washington/Bangalore, May 21: Indian tech honcho Phaneesh Murthy was Tuesday sacked as chief executive of US-based software services company iGate Corporation “for not disclosing a relationship with a subordinate”, over a decade after he was forced to quit Indian IT bellwether Infosys on similar charges of sexual misconduct.
India, Israel set up fruits centre in Haryana
Chandigarh, May 21: Israeli cultivation technology and know-how of fruit plants will be shared with Indian farmers and horticulturists at the centre of excellence for fruits which was inaugurated Tuesday in Haryana’s Sirsa district.
Sensex closes more than half percent down
Mumbai, May 21: A benchmark index of Indian equities markets closed Tuesday’s trade more than half a percent down owing to continued profit-booking.
Qatar National Bank to start operation in India
New Delhi, May 21: Qatar National Bank (QNB), one of the Gulf region’s largest lender, Tuesday said it will set up a fully-owned subsidiary in India and start operations in the third quarter of 2013.
Karzai seeks more Indian investment in Afghanistan
New Delhi, May 21: Afghan president Hamid Karzai Tuesday called for Indian investment in critical sectors such as healthcare, telecom, agri-business and capacity building.
Vodafone India’s revenue up by 10.6 percent in 2012-13
New Delhi, May 21: Vodafone India, the second largest mobile operator in the country clocked Rs.35,600 crore revenue for financial year 2012-13, a 10.6 percent rise, a top company official said here Tuesday.
Shashi Kant Sharma to be new CAG
New Delhi, May 21: Defence secretary Shashi Kant Sharma will be the new Comptroller and Auditor General (CAG) of India, replacing Vinod Rai, who retires May 22, the government announced Tuesday.
General Motors to hike prices in June
New Delhi, May 21: American automobile company General Motors’ Indian subsidiary Tuesday said it will increase the prices of its vehicles from the first week of June, 2013.
Ashwin named brand ambassador for Cavin’s Milkshakes
Mumbai, May 21: FMCG major CavinKare Pvt.
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