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
Indian shares edge lower; post strong gains in 2012
Track Markets: BSE Sectoral Indices
Track and analyse performance of all BSE sectoral indices and other global indices on a single page. Full Coverage
MUMBAI, Dec 31 (Reuters) - Indian shares edged lower on
Monday due to caution over the "U.S. cliff" talks, but ended
2012 with its best gain in three years as strong foreign inflows
and the government's fiscal and economic reforms outweighed
worries about the domestic economy.
Tata Motors gained 0.95 percent ahead of monthly
sales data due on Tuesday amid expectations of an improved
performance, while Oil and Natural Gas Corp ended up
0.7 percent, extending gains on hopes for fuel price hikes.
The BSE index provisionally fell 0.14 percent,
while the NSE index was down 0.06 percent.
(Reporting by Manoj Dharra; Editing by Rafael Nam)
- 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