Infosys in process of adding two new members to board - report
Infosys Ltd, India's second biggest software services exporter, is in the process of expanding its board of directors by inducting two more members, CNBC TV18 reported on Monday.
Reuters Market Eye - Shares in agrichemical makers United Phosphorous UNPO.NS and Excel Crop Care (EXCR.NS) fall about 5-6 percent each after the Competition Commission of India found them guilty of collusion.
* CCI imposed a penalty of 9 percent of the average of their standalone turnover over the past three years.
* Nomura says based on CCI's formula, United Phosphorous has been imposed a penalty of 2.52 billion rupees, which would shave nearly 30 percent of its projected FY13 consolidated profit.
* United Phosphorus, Excel Crop, along with two more manufacturers, have been accused of colluding while submitting bids for a tender for aluminium phosphide tablets from Food Corporation of India..
(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
MUMBAI India's top tuberculosis fighter said the government will expand access to Johnson & Johnson's breakthrough TB drug this year, but health experts warn much more needs to be done to eliminate the superbug by 2025.