Infosys on Friday posted a 3.5 per cent rise in quarterly net profit, lagging analyst estimates.
Prime Minister Narendra Modi on Thursday said even though India's options have increased, Russia will remain the country's "most important" defence partner as Moscow offered to fully manufacture in this country one of its most advanced helicopters.
Investors expect more investment-friendly policies opening up more sectors for foreign direct investment
India on Wednesday asserted there can be no military solution to the lethal Syrian conflict and societies cannot be "re-ordered from outside" as people have the right to choose their own destiny.
Modi, who is undertaking his first visit to China as prime minister, will reach the ancient city of Xi'an, the home town of President Xi Jinping, for a summit meeting, an unusual departure from normal protocol and seen as a reciprocal gesture by the Chinese leader who was hosted by Modi in Ahmedabad when he visited India in September last year.
India has more service companies, such as IT and healthcaresectors, which always trade at a premium to the overall market.
'Let's talk a bit about minimum and overtime wages, since that is a topic so dear to everyone's heart. After all, critics say that heartless Devyani paid poor Sangeeta neither the minimum wages nor overtime wages and since "in this country we don't do it this way," she deserves to go to jail. But the FLSA itself makes several occupations exempt from either payment of minimum wages or from overtime wages or both. Disabled people need not be paid minimum wages under FLSA. Seamen on American vessels have to be paid minimum wages but seamen on other than American vessels need not be. So how fair is the Fair Labor Standards Act,' asks Sharmista Khobragade, diplomat Devyani Khobragade's sister.
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