CEO Fired
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
REUTERS SHOWCASE
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
MARKET EYE-Honeywell Automation India jumps on delisting report
 |
Chelsea Flower Show
The Queen, Prince Harry as well as garden gnomes turn up at the 100th annual Chelsea Flower Show. Slideshow
* Shares in Honeywell Automation India Ltd surges 13 percent after earlier rising as much as 15.5 percent, its highest level intraday since April 24. * Gains come after news channel CNBC TV 18 reports parent company, Honeywell Asia Pacific, itself part of Honeywell International Inc, is considering delisting the shares of the company, citing unidentified sources. * Honeywell Automation calls the report incorrect in a statement to the exchange. * "The news item is clearly speculative and incorrect in nature and they have not accounted for the official statement from Honeywell," Honeywell Automation said. (abhishek.vishnoi@thomsonreuters.com)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters