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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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India's Apollo Hospitals shares fall 11 pct
MUMBAI |
MUMBAI Nov 29 (Reuters) - Shares in Apollo Hospitals Enterprise fell as much as 11.4 percent in opening trade a day after a source said brokerage CLSA is selling its stake for $135 million.
Several block deals were struck in Apollo Hospitals' shares in the range of 821.75-836 rupees on the BSE and NSE, according to Reuters data. (Reporting by Manoj Dharra; Editing by Sunil Nair)
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