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
MARKET EYE-Indian shares gain; rate sensitive stocks lead
 |
Chelsea Flower Show
The Queen, Prince Harry as well as garden gnomes turn up at the 100th annual Chelsea Flower Show. Slideshow
* The BSE index is up 0.13 percent and the 50-share NSE index is up 0.09 percent. * Bank stocks gain ahead of Reserve Bank of India's policy review on Tuesday, anticipating at least a 25 basis point cut in benchmark rates. * ICICI Bank gains 0.9 percent while HDFC Bank is up 0.6 percent. * Maruti Suzuki India Ltd gains 1.7 percent after it said on Friday its third quarter profit more than doubled. UBS upgraded the stock to 'buy' from neutral', citing the benefits from a weakening Japanese yen * However, oil and gas stocks fall on profit-taking, with Reliance Industries down 1 percent and Oil and Natural Gas Corp falling 1.3 percent. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.thomsonreuters.com@reuters.net)
- 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