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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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Potential U.S. fiscal cliff deal emerges in Senate - sources
WASHINGTON, Dec 31 - U.S. Senate Republicans on Monday appeared to be coalescing around a potential solution to the "fiscal cliff" crisis with a plan that would continue expiring tax cuts for household incomes of up to $450,000, congressional sources said on Monday.
"I think a majority of our caucus will go along with it," a senior Senate Republican aide told Reuters.
Senate Democrats had not yet expressed positions on the emerging deal.
(Reporting by Thomas Ferraro, Richard Cowan and Kim Dixon; Editing by Will Dunham)
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