Monsoon Floods
Death toll in Uttarakhand crosses 150
Thousands stranded in parts of northern India awaited rescuers as floods caused by heavier-than-usual monsoon rains killed at least 150 people in worst-hit Uttarakhand. Full Article
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MARKET EYE-Indian shares up; Tech stocks lead gains
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Rahul Gandhi
The Congress lawmaker and scion of the Nehru-Gandhi dynasty turns 43 on Wednesday. Slideshow
* The BSE index up 0.25 percent and the NSE index 0.17 percent higher, tracking steady Asian markets. * Export-driven technology shares leading gains on the back of short covering as recent underperformance was seen overdone. * Infosys gains 1.2 percent after falling 5.75 percent this month as on Friday's close, while Tata Consultancy Services up 0.8 percent. * Shares in State Bank of India gain 0.8 percent on media reports the government has approved fund infusion of 30.04 billion rupees for the state-run lender. * Glenmark Pharmaceuticals shares up 2 percent, following news the unit entered into a development agreement with Forest Laboratories, which will make upfront payment of $6 million to the Indian drug maker. (manoj.dharra@thomsonreuters.com)
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