GLOBAL MARKETS-Asia steadies after rally, dollar buoyant before Jackson Hole

2 hours, 1

Asian stocks steadied on Wednesday, taking a breather after the previous day's surge and unable to keep up with a global rally spurred by gains for tech shares on Wall Street and miners in Europe. The dollar was buoyant against the euro and yen ahead of a meeting of central bankers later in the w...

Sebi keeping a watch on Infosys share price: Ajay Tyagi

12 hours, 2

New Delhi: Markets regulator Sebi on Tuesday said it is keeping a close tab on the share price movement of Infosys, which saw its first non-promoter CEO Vishal Sikka quitting last week amid differences with its founders. Shares of Infosys plunged by nearly 10 percent on Friday wiping out Rs 22,51...

PSU bank employees on one-day strike to protest proposed consolidation move

a day, 2

Normal banking operations have been hit as public sector bank employees went on a one-day nationwide strike today to protest against the government's proposed consolidation move, besides raising other demands. Services like deposits and withdrawal at bank branches, cheque clearance, NEFT and RTGS...

Pai flays Sikka for blaming Murthy to cover up his 'bad performance'

2 days, 4

Bengaluru: Former Infosys CFO Mohandas Pai on Monday flayed Executive Vice-Chairman Vishal Sikka for blaming co-founder N R Narayana Murthy for the crisis in the company to cover up his "bad performance." "Yes, true. He (Sikka) wanted to leave from February by his own admission. He is covering up...

Essar Oil completes sale of India assets to Rosneft for USD

2 days, 6

The Ruias-run Essar Oil today announced the completion of sale of its India assets to the Russian government controlled Rosneft-led consortium for USD 12.9 billion. The deal comes more than 10 months after it was announced on October 15 last year on the sidelines of the BRICS summit in Goa. The t...

PSU bank employees on one-day strike to protest proposed consolidation move

a day, 2

Normal banking operations have been hit as public sector bank employees went on a one-day nationwide strike today to protest against the government's proposed consolidation move, besides raising other demands. Services like deposits and withdrawal at bank branches, cheque clearance, NEFT and RTGS...