Sensex posts biggest weekly loss since December 2011
Benchmark share indices which had rallied to all-time highs finally succumbed to profit taking amid lack of major reforms announcement in the Budget and the uncertainty over implementation of the controversial General Anti-Avoidance Rules led to a sell off in the eventful week ended July 11. For... read more »
Infosys, Under New Leader, Shows Big Profit Gain
The Indian outsourcing company Infosys reported a 15 percent increase in quarterly profit on Friday. The company said its April-June quarter profit of $482 million was up 15.3 percent from a year earlier. The company has gone through a succession of management changes, culminating with the naming... read more »
HTC Desire 616, One (E8) smartphones launches in India at Rs. 16,900, Rs. ...
New Delhi: Buoyed by strong growth in sales in the country, Taiwanese handset maker HTC today said it aims to capture 15 per cent share of the multi-billion dollar Indian smartphone market. The company launched two new handsets – Desire 616 and HTC One E8 – priced at Rs 16,900 and Rs... read more »
Narendra Modi’s first visit to White House likely on Sept 30
Hours after US Deputy Secretary of State William Burns on Friday delivered the formal invitation to Prime Minister Narendra Modi to visit Washington DC, sources told The Indian Express that Modi would meet President Barack Obama at the White House on September 30. Modi will attend the UN General... read more »
