Technology
UPDATE 1-Ireland says it is not to blame for low Apple tax rate
* U.S. Senate subcommittee says Apple paid no tax on Irish subsidiary
Irish government says not to blame for low Apple tax rate
DUBLIN, May 21 - Ireland said on Tuesday it was not to blame for the low rate of tax paid by Apple Inc after a U.S. Senate report said the company had kept billions of dollars in profits in Irish subsidiaries and paid little or no taxes on it.
SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0707 GMT
STOCKS ----------------------- India's main BSE index falls 0.29 percent while the broader NSE index is down 0.35 percent, heading for a second day of decline. Analysts say some consolidation was due in the domestic market after the BSE index rallied about 11 percent since mid-April due to strong foreign inflows. GOVERNMENT BONDS -------------------------------- The old 10-year bond yield flat at 7.34 percent, after initially dropping to 7.31 percent, its lowest
BRIEF-Invensys details cash return from rail unit sale
LONDON, May 21 - Invensys PLC : * Announcement of terms of the return of £625 million to Invensys shareholders * Return of 76.7 pence per existing ordinary share in the capital of the
Yahoo's rise in Asia offsets risk from Tumblr bet
SAN FRANCISCO, May 20 - 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.
| BSE OIL & GAS | -0.94% |
| BSE BANKEX | -1.06% |
| BSE-IT | +0.70% |
| BSE METALS | -0.82% |
| BSE REALTY | -2.80% |
| BSE AUTO | -2.03% |
| BSE POWER | -1.22% |
| BSE-FMCG | -0.48% |
| BSE-CG | -0.77% |
| BSE-HC | -1.06% |
Markets
- Sectors
- Asia
- U.S.
- Europe
Sector Summary
| Energy |  +0.01% |
| Basic Materials | +0.60% |
| Industrials | +0.05% |
| Cyclical Goods & Services |  -0.09% |
| Non-Cyclical Goods & Services | -0.35% |
| Financials | -0.54% |
| Healthcare | -0.16% |
| Technology | -0.06% |
| Telecoms | -0.54% |
| Utilities | -0.06% |
| DOW | 15,335.28 | -19.12 |
-0.12% |
| S&P 500 | 1,666.29 | -1.18 |
-0.07% |
| NASDAQ | 3,496.43 | -2.53 |
-0.07% |
| TR US Index | 151.23 | -0.07 |
-0.05% |
iGate sacks Murthy after sexual harassment probe
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.
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