Sexual Harassment Case

Phaneesh Murthy poses during the World Economic Forum (WEF) in Davos, January 26, 2013. REUTERS/Denis Balibouse/Files

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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Murthy Sacked

Murthy Sacked

iGate sacks Murthy after sexual harassment claim  Full Article 

A photo illustration shows the applications of Yahoo and Tumblr on the screen of an iPhone in Zagreb May 20, 2013. REUTERS/Antonio Bronic

Tumblr Sold

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India Credit Rating

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No case for S&P ratings downgrade: Mayaram.  Full Article | Related story 

Tax Tangle

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Infosys to challenge new tax demand of $105.3 million.  Full Article 

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Morgan Stanley to sell India wealth management unit to StanChart.  Full Article 

Debt-for-Fuel Deal

Debt-for-Fuel Deal

Essar Oil to sign $1 bln debt-for-fuel deal with China  Full Article 

Under Scrutiny

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Apple, U.S. Congress spar over taxes ahead of Tuesday hearing.  Full Article 

Bond Business

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Reuters India Mobile

Reuters India Mobile

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MARKET EYE-India's Amara Raja Batteries jumps on 'strong' profit

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A man balances a goat on wooden sticks for his audience by a roadside in the outskirts of Faisalabad November 5, 2012. REUTERS/Fayyaz Hussain/Files

Oh my goat

Things people do with their goats.  Slideshow 

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Tue Nov 6, 2012 11:57am IST 

* Shares in Amara Raja Batteries surge as much as 
10.4 percent a day after the company reported a
bigger-than-expected 35.2 percent gain in July-September net
profit. 
* Angel Broking says the battery maker posted "extremely strong
results," and adds earnings growth was driven by the automotive
battery replacement segment, as well by momentum in the tubular
and home uninterruptible power supply (UPS) segment.
* Amara Raja rises 6.4 percent as of 0624 GMT.

 (manoj.dharra@thomsonreuters.com)
India Markets
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