Last week, its global head of strategic sales, marketing and alliances Prasad Thrikutam resigned from the job marking the 11th senior management executive exit from Infosys since Murthy's return.
The stronger-than-expected recovery in remittances -- payments that are key to supporting the economies of many poor countries -- was driven by growth in Europe, Russia, and the United States.
A rate cut by the Reserve Bank is likely to help the rupee, which today hit a record low of 57.54 versus dollar, says a Bank of America Merrill Lynch (BofA-ML) report.
'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'
...Is this a virus more dangerous than Covid-19, asks Ajit Balakrishnan.
Sahara says it got suspicious on February 1 about the purported letter showing Mirach having blocked sufficient funds with Bank of America.
Professional football has been wiped off the map for weeks, maybe months, after all the major leagues, cups and international competitions were suspended, culminating in the postponement of Euro 2020 and Copa America on Tuesday.
The American investment bank also upgraded the stocks of both these companies to 'buy' from 'underperform', saying improving industry trends such as signs of ticket price hikes and reduced capacity will improve profitability.
India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.
Criticised for being too big, Janette Tirkey is winning hearts on the ramp.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
As the states showed progress in fighting the deadly contagion, governors Andrew Cuomo and Philip Murphy have begun to offer details on reopening in the months ahead.
Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim
Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.
Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.
The vote came at Citi's annual shareholder meeting held in Dallas on Tuesday.
After a delayed start, the monsoon is advancing steadily.
One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.
The US men's national soccer team will play their first friendly against Cuba in 69 years when they meet in Havana's Estadio Pedro Marrero on October 7, US Soccer said on Thursday.
The rupee on Tuesday fell to a two-month low of 54.78 against the US dollar.
Floating rate home loans will soon be reset, impacting interest rates. In the current situation interest rates might go up, causing more defaults and more volatility in stock markets.
My gamble to stand in the queue and get Rs 500 notes had failed. And only the months ahead will tell us if Modi's gamble will succeed or not.
Expectes RBI Governor to announce 0.25 per cent rate cut.
Mirach Capital rejected accusations of indulging in forgery.
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Switzerland's Federal Office of Justice (FOJ) on Wednesday handed over the first batch of evidence to US authorities for its investigation into alleged bribery schemes for soccer marketing rights.
The report also said that the domestic currency was likely to trade weak in the near future.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
A swift recovery in oil demand in India is not only helping the stability of the global market, it is giving huge fiscal headroom to the government in terms of additional excise duty.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality
The investment banking major has hiked its FY'14 CAD forecast to 4.3 per cent of GDP from 3.8 per cent with slowing global recovery likely to delay export turnaround.
'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'
The winners will split an eight million Swedish kronor (USD 924,000) award funded by the Swedish central bank.
The underperforming metal for 2017 expected to return 17-20%
In the mid-quarter review on December 18, the Reserve Bank left key policy rates unchanged but said it will hike interest rates if inflation does not subside.
India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030, a think tank said on Saturday. India had overtaken the UK in 2019 to become the fifth largest economy in the world but has been relegated to 6th spot in 2020. "India has been knocked off course somewhat through the impact of the pandemic. "As a result, after overtaking the UK in 2019, the UK overtakes India again in this year's forecasts and stays ahead till 2024 before India takes over again," the Centre for Economics and Business Research (CEBR) said in an annual report published on Saturday. The UK appears to have overtaken India again during 2020 as a result of the weakness of the rupee, it said.
Investors more overweight on India compared to other emerging markets says Bank of America Merrill Lynch.
On February 17, Jackson is due to repay a $70m loan to the Bank of America. At present, the bank takes 50% of his royalties and has a stake in other income.
