Infosys BPO removes CFO Abraham Mathews for violating code of conduct
IT major Infosys on Tuesday showed the door to Abraham Mathews, CFO of its BPO subsidiary, for not complying with the code of conduct, while CEO Gautam Thakkar has resigned taking responsibility on moral grounds. The company also appointed Amit Uppadhayay as the CEO and Managing Director of the... read more »
Shell Wins Tax Dispute In Indian Court
The Bombay High Court on Tuesday ruled in favour of the Indian unit of Royal Dutch Shell Plc in a multi-million dollar tax dispute, the latest verdict against the tax department that has been vigorously pursuing claims against foreign firms in India. Shell had challenged the largest ever claim in... read more »
With gold prices falling, jewellers increase inventory levels
Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months ahead of the Diwali festival and the marriage season. Almost a fourth of that has been used to replenish... read more »
Rajnath goes on surprise checks across Delhi, takes action against two MCD ...
NEW DELHI: Surprise checks by home minister Rajnath Singh on Tuesday at public facilities across the Capital, including the New Delhi railway station, North Delhi Municipal Corporation office, Paharganj police station and LNJP Hospital, were followed by swift action against two North Corporation... read more »
Six killed in China bus accident
Beijing: At least six people were killed and 40 injured Monday when a passenger bus overturned in China`s Shanghai city. The accident occurred on a road leading to a bridge connecting the... read more »
Merkel Condemns Cameron’s Plans to Limit Immigration From Other EU Countries: Reports
MOSCOW – German Chancellor Angela Merkel has strongly condemned Britain’s Prime Minister David Cameron’s plans to establish limits on immigration from other European Union... read more »
Australian man drives light plane down main street for a drink at the pub
A man who taxied his light plane down a key street in Western Australia’s Pilbara region and parked it outdoors a pub is expected to be charged. Newman police sergeant Mark McKenzie... read more »
RSS cancels VK Singh’s speech after his late arrival
AGRA: Minister of state for external affairs VK Singh was not allowed to address a session at the ongoing three-day camp — “Yuva Sankalp Shivir” of Rashtriya Swayamsevak Sangh... read more »
North Korea develops own ballistic missile-carrying submarine
North Korea has reportedly developed its own submarine capable of firing ballistic missiles. According to News.com.au, South Korean government sources were reported in local media as saying a... read more »
