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iGate sacks Murthy after sexual harassment probe

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MUMBAI - 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.

China offers India a "handshake across the Himalayas"

NEW DELHI - India and China will study new ways to ease tensions on their ill-defined border after an army standoff in the Himalayas, Chinese Premier Li Keqiang said on Monday on his first official foreign trip.

Business 20 May 2013

FACTBOX - Yahoo's acquisitions: from Geocities to Tumblr

SAN FRANCISCO - Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users.

Tech, Business 11:19am IST

Gandhi blood sample up for auction in London

LONDON - Two microscope slides bearing the blood of former Indian leader Mahatma Gandhi are to go on sale in London on Tuesday and are expected to fetch from 10,000 pounds to 15,000 pounds.

World 20 May 2013

Many children among 91 feared dead in tornado-hit Oklahoma

MOORE, Oklahoma - At least 91 people, including 20 children, were feared killed when a 2 mile wide tornado tore through an Oklahoma City suburb, trapping victims beneath the rubble as one elementary school took a direct hit and another was destroyed.

World, 12:25pm IST

Keyboardist Ray Manzarek of The Doors dies at age 74

LOS ANGELES - Ray Manzarek, a founding member and keyboardist of 1960s rock group The Doors, died on Monday at a medical clinic in Germany at age 74 following a battle with cancer, the group's manager Tom Vitorino said.

10:56am IST

Yahoo's rise in Asia offsets risk from Tumblr bet

SAN FRANCISCO - Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously.

Tech, Business 9:47am IST

Pakistan army will be watching Sharif's cosying up to India

ISLAMABAD - Pakistan's all-powerful military overthrew Nawaz Sharif 14 years ago and hustled him off into exile in handcuffs. Now he's back as prime minister-elect, with the army watching his every move, especially steps planned to ease tension with arch-rival India.

World, South Asia 20 May 2013

Supreme Court hears petition to halt IPL

NEW DELHI - The Supreme Court will hear a petition on Tuesday seeking to scrap the remaining matches of the country's lucrative Twenty20 cricket competition amid growing concerns about corruption in sport.

2:28pm IST

Bomb attacks kill more than 70 Shi'ites across Iraq

BAGHDAD - More than 70 people were killed in a series of car bombings and suicide attacks targeting Shi'ite Muslims across Iraq on Monday, police and medics said, extending the worst sectarian violence since U.S. troops withdrew in December 2011.

World, Iraq, 20 May 2013
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Counting the cost of India’s blackouts

Is it better to pay more money for more electricity, or keep prices low and look forward to blackouts that will conk out offices, factories and homes in India? That is the question that lies at the heart of an ongoing debate about whether authorities should allow utilities Adani Power Ltd and Tata Power Co Ltd to raise their tariffs on existing contracts to clients, to compensate the companies for the domestic coal supply shortages and the rising cost of buying coal from overseas.

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