The defendants charged with paying the bribes and kickbacks are Sarvesh Dharayan, Sanjay Gupta, Venkata Atluri, Rangarajan Kumar, Vadan Kumar Kopalle and Daren Siriani.
The central bank maintained its bias towards a rate hike.
Here's a glimpse of all that happened around the world last week, in 14 images.
The Delhi High Court on Friday stayed the ban on some fixed dose combination (FDC) drugs of Glaxo SmithKline, Wockhardt and Laboratories Griffon but said action against their sale could be taken in the absence of valid sale and marketing licence.
'Though not religious in everyday life, his Hindu-Indian identity was an irrevocable influence on his writings,' observes Vivek Gumaste.
At the very least, it will cost Infosys thousands of dollars to defend its position
The 'H-1B and L-1 Visa Reform Act of 2016' introduced by Democratic Congressman Bill Pascrell from New Jersey and Republican Dana Rohrabacher from California would prohibit companies from hiring H-1B employees if they employ more than 50 people
Markets under pressure; IT financials grab spotlight.
A group of six US lawmakers had recently introduced 'The US Call Center and Consumer Protection Act of 2013' in the Congress that requires overseas call centre employees to disclose their location to US consumers.
The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.
Obama announced to take a series of executive actions, including a shift of immigration enforcement resources.
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Banks, real estate and metal scrips among the top losers.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
US job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 per cent, underscoring the economy's resilience in the face of slowing global demand.
Top ten billionaires in India.
The Centre intends to consolidate the 44 central labour laws into 5.
Markets crashed due to domestic worries; bluechip stocks tanked too.
The challenges before the IT industry are many and its response over the coming months will shape the future of what has been one of the most vibrant value-creating and livelihood-enabling sectors.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week
Fed policymakers' deepening uncertainty about their own projections has resulted in the central bank sending mixed messages
Months of relentless booing of Aboriginal football great and anti-racism campaigner Adam Goodes has ignited an uncomfortable public debate in Australia about race and how the country treats its indigenous citizens.
With rest of the world showing no signs of growth and headwinds ahead for US growth, chances are that we might continue to see central banks pumping money into their economies
R Vignesh is a member of the Institute of Cost and Management Accountants of India in Chennai, appeared on Rediff Chat to answer readers' queries on GST.
Senators call for reforms of US soccer body at FIFA corruption hearing
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
America's chances of hosting the 2026 World Cup are not likely to be hurt by a US led corruption investigation that has ensnared key figures in FIFA, world soccer's governing body, analysts said on Thursday.
U.S. economic growth braked more sharply than expected in the first quarter.
No country has achieved a faster, deeper modern transformation than China, says former ambassador Kishan S Rana.
Chennai-born Pramila Jayapal makes history in Washington state; she is also the first person of colour in the Washington State Democratic delegation.
Thousands of emergency rescue teams officials remained on their toes, helping people affected by the deluge. Weather official said parts of state are expected to receive rainfall again.
With India poised to become the largest economy in the world by 2030, it cannot afford to leave half of its workforce behind.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
A look at the hopefuls this year!
Diplomats agree that amid stormy relations with China and Pakistan, Modi has posted impressive foreign policy successes, notes Aditi Phadnis.
What is strange, for someone who spent a lifetime in seva, is that St Teresa's own personal journals and communication with the Church hierarchy reveal someone in "spiritual desolation", says Sankrant Sanu. Could the Indian sacred traditions have helped her?
By piling more pressure on governments, central banks risk not accomplishing much and yet provoking a political backlash that could threaten their independence.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
The 71th Annual Golden Globe awards have been announced. There have been quite a few surprises and some expected nods.
Elated over winning the Nobel Peace prize, renowned child rights activist Kailash Satyarthi on Friday dedicated the coveted award to people of India and vowed to work with renewed vigour against exploitation of children and to ensure their welfare.
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