Cricket, the "gentleman's game", has been hit by a series of gambling-related scandals in international matches in recent years. But S.Sreesanth's case is the first time allegations of "fixing" in the IPL are being heard in a court of law, despite a huge, illegal betting industry that has grown up around the tournament. Full Article
Breakingviews columnists discuss the implications of inflation being in decline globally. Video
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Hexaware gains on expectations of earnings recovery
Shares in Hexaware Technologies Ltd (HEXT.NS) gain 1.2 percent after Macquarie and Bank of America-Merrill Lynch upgrade their ratings on the stock, citing expectations earnings will recover this year and valuations.
Bank of America-Merrill Lynch upgrades the software services provider to "buy" from "neutral", while Macquarie upgrades its rating to "outperform" from "underperform".
Hexaware reported a 25 percent fall in October-December quarter net profit on Monday, but said sales grew 16.2 percent.
(Reporting by Manoj Dharra)
- Tweet this
- Share this
- Digg this