News Flash:

Delhi HC agrees to hear a plea tomorrow seeking banning of IPL till steps are taken to stop corrupt practices

Phaneesh Murthy, the sacked CEO of iGate, said that the allegation of sexual misconduct against him was false and it appeared to be a case of extortion. Speaking to reporters v... »

Related: Phaneesh’s firing a right decision: Nasscom

Infosys redux: Not the first time for Phaneesh

It’s not the first time when Phaneesh Murthy has been asked to step down on charges of sexual impropriety. Back in 2002 Murthy was charged by an employee at Infosys, Reka Maximovitch. In... »

Sensex down 35 points; Realty, auto stocks major losers

Indian markets were trading down by over 0.1 per cent in the mid-session on Tuesday due to heavy selling in realty, auto and healthcare stocks amid weak European cues. At 2.40 p.m., the... »

Phaneesh’s firing a right decision: Nasscom

Nasscom Chairman Krishnakumar Natarajan (file photo)

Nasscom Chairman Krishnakumar Natarajan today said iGate board has taken a right decision to sack its President and CEO Phaneesh Murthy over alleged sexual harassment, emphasising that a “quick an... »

Yahoo! redesigns photo-sharing site Flickr

Flickr - the site and the Android app - got updated today. There is more to the new Flickr than just redesign. Every user will get one terrabyte of space. Flickr is a par... »

Opinion

Columns

RASHEEDA BHAGAT

‘The economy, the economy, the economy’

Nawaz Sharif’s victory has generated much expectation from businessmen as well as the common man. »

Sunil Kewalramani

US becoming energy kingpin

US shale gas will help meet most of the world's new oil demand in the next five years even if the global economy picks up steam. »

Editorial

Telecom tangle

National security concerns should be de-linked from policies to promote local equipment manufacture. »

Opinion

Lower wheat procurement benefits all

Higher procurement adds to the fiscal burden and pares returns for farmers in a firm market. »

Info-tech

Apple used subsidiaries to dodge billions in taxes: US panel
Apple, the top US computer and smart phone manufacturer, used a complex web of offshore entities to avoid billions in taxes, a Senate panel has alleged.The electronics giant’s rootless subs... »

Banking

No special tax sops for inflation-indexed bonds
Open to retail investors, FIIs; first issue in June »

Commodities

Gold set to shine on overnight gains; profit-booking looms
Overnight gains in the global markets are likely to drive gold prices on spot and futures market on Tuesday. However, signs of recovery in the economy, leading to speculation that in... »

Related: Gold futures recover to Rs 26,274 per 10 gm
Related: Crude oil up ahead of Fed chief’s testimony
Companies

Nestle to modernise Punjab plant, plans Rs 250 cr investment
Dairy major Nestle India today said it will invest Rs 250 crore on expansion and modernisation of its existing milk plant at Moga in Punjab. In his meeting with Punjab Chief Minister Park... »

Info-tech

Hexaware sets up onshore delivery centre in Texas
Mid-size IT solutions company Hexaware Technologies has set up an onshore delivery centre in Texas, US. The centre, which has a capacity of 150 engineers, will support clients in all majo... »

Opinion

RBI curbs on gold counter-productive
The central bank's move to curb gold imports on a consignment basis will only lead to higher forex outgo on each transaction. »
Sports

Rajasthan Royals terminate contracts of tainted trio
Beleaguered Rajasthan Royals today terminated the contract of the three players — including India pacer S Sreesanth — arrested on charges of spot-fixing in the ongoing IPL besides filing an FIR ag... »

Industry

Oil Ministry proposes gas price hike to $6.7
Oil Ministry has moved a Cabinet note to raise the price of natural gas produced by state-owned ONGC and OIL as well as private firms such as Reliance Industries to $6.7, less than $8-8.5 hike pre... »

Economy

Employers to retain talent with higher salaries in 2013-14, says TeamLease
Not just hiring activity, but compensation paid to employees may also see a rise in 2013-14, says a new report by TeamLease, a human resource services company. India saw a 11 per cent in... »