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iGate sacks CEO Phaneesh Murthy
Outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment. Full Article
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Russian govt opposes Gazprom tax, duty hikes-source
MOSCOW, July 29 |
MOSCOW, July 29 (Reuters) - The Russian government has declined a proposal by the Finance Ministry to increase a tax on gas extraction and gas export duty in a bid to protect gas giant Gazprom's (GAZP.MM) revenues, a government source told Reuters.
"A decision was taken not to do it. Yes, the money has already been included in the budget. Gazprom is promising to make up for it in other ways, in particular, through an increase of gas deliveries abroad," the source said on Wednesday. (Reporting by Darya Korsunskaya; writing by Gleb Bryanski)
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