Infosys BPO removes CFO Abraham Mathews for violating code of conduct
IT major Infosys on Tuesday showed the door to Abraham Mathews, CFO of its BPO subsidiary, for not complying with the code of conduct, while CEO Gautam Thakkar has resigned taking responsibility on moral grounds. The company also appointed Amit Uppadhayay as the CEO and Managing Director of the... read more »
Shell Wins Tax Dispute In Indian Court
The Bombay High Court on Tuesday ruled in favour of the Indian unit of Royal Dutch Shell Plc in a multi-million dollar tax dispute, the latest verdict against the tax department that has been vigorously pursuing claims against foreign firms in India. Shell had challenged the largest ever claim in... read more »
With gold prices falling, jewellers increase inventory levels
Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months ahead of the Diwali festival and the marriage season. Almost a fourth of that has been used to replenish... read more »
Rajnath goes on surprise checks across Delhi, takes action against two MCD ...
NEW DELHI: Surprise checks by home minister Rajnath Singh on Tuesday at public facilities across the Capital, including the New Delhi railway station, North Delhi Municipal Corporation office, Paharganj police station and LNJP Hospital, were followed by swift action against two North Corporation... read more »
Nuclear deal with Iran would help Obama salvage his battered legacy
Washington: A nuclear deal with Iran would be a rare coup for a beleaguered President Barack Obama already seeking to shape his White House legacy, but analysts caution that renewing full... read more »
Islamic State beheads American hostage Peter Kassig, Obama calls it pure evil
Islamic State militants have beheaded another American hostage, Peter Kassig, issuing a video claiming the killing on Sunday and warning the United States they would kill other US citizens... read more »
David Cameron warns of looming global financial crisis
Prime Minister David Cameron has warned of an impending global financial crisis, saying that “red warning lights are once again flashing on the dashboard of the global... read more »
Global economy to suffer as Putin quits G20 early
David Cameron may have hailed the G20 meetings in Brisbane over the weekend as a success for the global economy. But in reality, the gathering of the world’s most powerful leaders will be... read more »
North-eastern people not ‘second class citizens’: San...
Shillong: North-eastern people are not “second class citizens” of India, former Lok Sabha Speaker Purno A Sangma said here Saturday.We are no less than others. How are we second class... read more »
