US Supreme Court denies Rajat Gupta’s last bid to avoid jail
India-born former Goldman Sachs director Rajat Gupta will have to report to jail next week to begin his two-year sentence on insider trading charges after the US Supreme Court rejected his bid to remain free on bail till his appeal for rehearing his conviction is decided on. Mr. Gupta, convicted in... read more »
Immigration reform not impossible: US President Barack Obama
Rejecting the opinion that immigration reform is impossible, US President Barack Obama has urged the Congress to pass the legislation in this regard which when signed into law would pave the way for citizenship to some 11 million undocumented people. “It’s interesting to listen to the pundits... read more »
Sensex recovers 56 points ahead of IIP data
The BSE Sensex on Thursday gained nearly 56 points in early trade on selective buying in oil, IT and banking stocks ahead of industrial output data for April to be released later in the day. The 30-share index, which had retreated from record high by losing almost 110 points in the last session,... read more »
Vishal Sikka to head Infosys
IT major Infosys named Vishal Sikka, former executive board member SAP AG, as its first non-founder Chief Executive Officer. The Vadodara-born, doctorate in computer science from Stanford, will take over from incumbent S.D. Shibulal on August 1. The company said in an early morning filing to the... read more »
Flipkart to offer same day delivery amid rising e-commerce battle
BANGALORE: The ongoing battle for supremacy in the Indian online retail industry already has a clear winner — the customer — as companies trip over each other to provide the best and... read more »
Gold prices rise in futures trade on global cues
Gold prices rose 0.35 per cent to Rs 28,481 per 10 grams in futures trade as speculators created fresh positions after the precious metal climbed to over one-week high in the global... read more »
NTT DoCoMo to sell stake in Tata Teleservices in bid to exit Indian market
NTT DoCoMo is reportedly planning to sell stakes in Tata Teleservices, putting an end to its unfruitful venture into the Indian market. According to PC World, Japan’s largest mobile... read more »
PM saddened by half-brother’s decision to join BJP
Prime Minister Manmohan Singh on Saturday said he was saddened by the decision of his half-brother Daljit Singh Kohli to join BJP.I feel very sad. I have no control. They are all... read more »
Storehouse of nutrients, leafy Kale a must in our daily diet
Kale, a green leafy vegetable of the cabbage family, has shot to fame in the recent past. It originated in Asia and was brought to Europe around 600 BC. Also, known as a hidden superfood, Kale comes... read more »
