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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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Adani Enterprises up on higher share sale floor price
Reuters Market Eye - Shares in Adani Enterprises Ltd (ADEL.NS) gain 4 percent in early trade after its promoters set the floor price for a share sale at 282 rupees per share.
Dealers say the floor price is higher than market expectations.
Adani Enterprises fell 7.1 percent to 271 rupees on Thursday ahead of its planned sale of 23 million shares on Friday.
(Reporting Abhishek Vishnoi)
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