Immigration reform not impossible: US President Barack Obama
Rejecting the opinion that immigration reform is impossible, US President Barack Obama has urged the Congress to pass the legislation in this regard which when signed into law would pave the way for citizenship to some 11 million undocumented people. “It’s interesting to listen to the pundits... read more »
Sensex recovers 56 points ahead of IIP data
The BSE Sensex on Thursday gained nearly 56 points in early trade on selective buying in oil, IT and banking stocks ahead of industrial output data for April to be released later in the day. The 30-share index, which had retreated from record high by losing almost 110 points in the last session,... read more »
Vishal Sikka to head Infosys
IT major Infosys named Vishal Sikka, former executive board member SAP AG, as its first non-founder Chief Executive Officer. The Vadodara-born, doctorate in computer science from Stanford, will take over from incumbent S.D. Shibulal on August 1. The company said in an early morning filing to the... read more »
Prime Minister Narendra Modi strikes conciliatory note
Prime Minister Narendra Modi reached out to the Opposition on Wednesday, saying he sought their cooperation in turning development into a social movement. In a bid to be conciliatory, he said – as he made his first speech to both Houses of Parliament responding to the debate on the... read more »
Narendra Modi pulls out caste card to counter ‘low-level politics’
New Delhi: After promising to keep his poll pitch on ‘development and growth’, BJP’s prime ministerial candidate Narendra Modi on Tuesday played the caste card, saying... read more »
Sensex up 114 points in early trade on funds buying
MUMBAI: Extending yesterday’s gains, the benchmark BSE Sensex rose over 114 points in early trade today on increased buying by funds and retail investors mainly in oil and gas,... read more »
Raghuram Rajan says India’s growth rate will pick up soon
Reserve Bank of India (RBI) Governor Raghuram Rajan has expressed optimism on India’s growth rate going beyond the 5 per cent mark soon. “The economy has been growing at a flat... read more »
Tata Group lines up fund to buy DoCoMo stake in JV
MUMBAI: The Tata Group has set aside the funds required to buy back NTT DoCoMo’s 26.5% share in their telecom joint venture as they are unlikely to find a third investor for the Tata... read more »
Cargo ship sinks, 11 missing near Hong Kong: Officials
HONG KONG: Authorities launched an air and sea rescue operation on Monday to find 11 crew members from a Chinese cargo ship after it collided with another vessel and sank just outside Hong... read more »
