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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Markets weekahead - Parliament, futures expiry to keep shares volatile
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Stock brokers trade in a brokerage firm in Kolkata February 16, 2009.
Credit: Reuters/Jayanta Shaw/Files
Reuters Market Eye - Markets are expected to remain volatile, as investors watch the winter session of the parliament, which is expected to test the government's will to pass key reforms, including for the pension and insurance sectors.
The week also marks the expiry of November derivative contracts, while the July-September GDP data will be released on November 30.
Global risk factors will also be key as the U.S. Congress is expected to resume negotiations over the budget, while IMF and European Central Bank officials will meet on Monday over Greek aid.
Traders will also await a government committee report on its findings over accusations of illegal mining in Goa.
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