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Tech Mahindra shares jump after earnings results

MUMBAI - Shares in Tech Mahindra Ltd rose as much as 6.8 percent on Wednesday after its January-March quarter net profit rose 24 percent, beating estimates.

Recent Business News

Rupee falls to near six-month low on stock losses, importer demand

MUMBAI - The rupee dropped to its lowest in nearly six months on Tuesday, dragged by late falls in local shares and import-related demand from a large private company.

21 May 2013

Fed officials dampen talk of imminent bond buying cutback

NEW YORK/FRANKFURT - Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation the Fed's ultra-easy monetary policy might end soon.

Economy, 2:20am IST

iGate sacks Murthy over undisclosed relationship

MUMBAI/BANGALORE - IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate.

Top News, Tech 21 May 2013

Essar signs $1 billion financing deal with China

MUMBAI - Essar Energy Plc on Tuesday signed a $1 billion financial cooperation agreement with the China Development Bank and PetroChina International Co. Ltd., according to a document seen by Reuters.

21 May 2013

REUTERS SHOWCASE

Rate Cut Hopes

Rate Cut Hopes

BarCap expects bigger rate cuts in India in 2013.  Full Article 

Rupee Low

Rupee Low

Rupee hits 2013 low on importer demand, weak euro  Full Article | Related Story 

Tax Cloud

Tax Cloud

Apple CEO makes no apology for company's tax strategy.  Full Article 

Xbox One

Xbox One

Microsoft unveils Xbox One with Spielberg, Activision tie-up.  Full Article 

Vodafone Results

Vodafone Results

Vodafone keeps Verizon payout to make up for European slump  Full Article 

Murthy Fired

Murthy Fired

iGate sacks Murthy over undisclosed relationship.  Full Article 

Tumblr Bought

Tumblr Bought

Yahoo's rise in Asia offsets risk from Tumblr bet  Full Article 

Bond Business

Bond Business

RBI says foreign investors may buy inflation-linked bonds  Full Article | Related Story 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

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