Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named new chief

Indian IT major Wipro on Saturday announced the resignation of Thierry Delaporte as CEO and named Srinivas Pallia as the new Chief Executive Officer of the company, effective immediately. The......

Rising Sun resurgence: Jefferies' crystal ball on Japan's future

Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February, as global investors latched on......

The Mystery of ZEE and DIIs

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues?Perhaps they think Zee is a deep-value stock, observes Debashis Basu. Photograph: Kind courtesy ZEE5......

Worst not over for bank stocks; sit on the sidelines for now, say analysts

Investors should view any bounce-back in bank stocks as an opportunity to exit the pack, analysts suggested, as the worst may not be over yet. Illustration: Uttam Ghosh/Rediff.com The recent......