Sexual Harassment Case
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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MARKET EYE-SGX Nifty falls; investors await US election results
* Nifty futures on the Singapore Exchange fell 0.12
percent. The MSCI-Asia Pacific index excluding Japan
also fell 0.09 percent.
* Asian shares were capped while the safe-haven yen gained on
Wednesday as investors remained guarded against the risk of an
indecisive outcome in the close-fought U.S. presidential
election, with early counting as yet showing no clear winner.
* Foreign investors bought 1.74 billion rupees of stocks on
Tuesday, when the BSE index rose 0.29 percent,
provisional exchange data showed.
* Earnings on Wednesday: Tata Motors Ltd, Bharti
Airtel Ltd, Jubilant Foodworks Ltd,
Kingfisher Airlines Ltd.
(abhishek.vishnoi@thomsonreuters.com)
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