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  • Kiran Mazumdar Shaw apologises for tweet on Infy's Rohan Murty

    Kiran Mazumdar Shaw apologises for tweet on Infy's Rohan Murty

    Ms Shaw's tweet praising Rohan Murty for a presentation he made at an Infosys board meeting sparked off an online debate about using social media to talk about closed-door company matters.

  • Bernanke regrets not explaining crisis better

    Bernanke regrets not explaining crisis better

    When asked if he any regrets, Bernanke told a Toronto business crowd on Tuesday that it's unfortunate the public thinks the bank favored Wall Street instead of Main Street -- that is big investors instead of small investors.

  • Ex-Apple chief executive John Sculley plans smartphone for India

    Ex-Apple chief executive John Sculley plans smartphone for India

    Former Apple chief executive John Sculley, whose marketing skills helped bring the personal computer to desktops worldwide, says he plans to launch a mobile phone in India to exploit its still largely untapped smartphone market.

  • Brazilian tycoon Eike Batista investigated for financial crimes: report

    Brazilian tycoon Eike Batista investigated for financial crimes: report

    Brazil's federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday.

  • Ex-Goldman director Rajat Gupta to surrender on June 17 in insider case

    Ex-Goldman director Rajat Gupta to surrender on June 17 in insider case

    US District Judge Jed Rakoff in Manhattan directed Mr Gupta to surrender by 2:00 p.m. EDT (1800 GMT) on that date to start serving his sentence at an institution chosen by the Federal Bureau of Prisons, according to an order issued on Thursday.

  • Sahara submits fresh proposal for Subrata Roy's release

    Sahara submits fresh proposal for Subrata Roy's release

    Sahara group on Thursday made a proposal to pay Rs 2500 crore within three working days and another Rs 2,500 crore along with Rs 5,000 crore in bank guarantees within 60 days.

  • Sahara bank accounts can be defrozen, says Supreme Court

    Sahara bank accounts can be defrozen, says Supreme Court

    The court will resume the hearing on Thursday, as the Sahara chief continues to be held at Delhi's Tihar Jail.

  • Keep Steve Jobs' personality out of trial: tech companies

    Keep Steve Jobs' personality out of trial: tech companies

    Tech workers filed a class action lawsuit against Apple Inc, Google Inc, Intel Inc and Adobe Systems Inc in 2011, alleging they conspired to avoid competing for each other's employees in order to avert a salary war. Trial is scheduled to begin at the end of May on behalf of roughly 60,000 workers in the class, and defendants say damages could exceed $9 billion.

  • New CEO Satya Nadella pushes data culture at Microsoft

    New CEO Satya Nadella pushes data culture at Microsoft

    Nadella, who took the helm in February, is seeking to push Microsoft further toward mobile and 'cloud,' or Internet-connected, computing. That marks a shift from his predecessor, Steve Ballmer, whose world view was more tied to personal computers and the Windows operating system.

  • Arvind Mayaram appointed new Finance Secretary: report

    Arvind Mayaram appointed new Finance Secretary: report

    Mayaram, a 1978 batch Rajasthan cadre IAS officer has been holding charge as the Economic Affairs Secretary since 2012 and will continue to look after the Department of Economic Affairs.

  • Hindujas are wealthiest Asians in United Kingdom

    Hindujas are wealthiest Asians in United Kingdom

    At a gala Asian Business Awards 2014 function held at the Park Plaza Westminster Bridge Hotel here last night, the group also won the Asian Business of the Year award for its outstanding achievement.

  • Ratan Tata conferred with top UK honour

    Ratan Tata conferred with top UK honour

    Mr Tata, 76, is the only Indian among five foreigners to be awarded as part of the 'Honorary British Awards to Foreign Nationals' for 2014, others including Japanese and Greek nationals for services to economic and cultural ties with the UK.

  • Infosys CEO Shibulal wants to quit before term ends

    Infosys CEO Shibulal wants to quit before term ends

    "Mr Shibulal has expressed his desire to retire either on the date of the last board meeting before his superannuation - January 9, 2015 or when his successor is ready to assume office, whichever date is earlier," Infosys said in a statement.

  • Carl Icahn backs down from demand that eBay spin off PayPal

    Carl Icahn backs down from demand that eBay spin off PayPal

    Icahn withdrew his two nominees to eBay's board ahead of the company's annual meeting in May. But in a concession to the famously pugnacious activist investor, eBay added David Dorman, a founding partner of investment firm Centerview Capital Technology, as a 10th independent director.

  • No Forex reserves large enough to ward off external shocks says Rajan

    No Forex reserves large enough to ward off external shocks says Rajan

    In the just-concluded financial year, the country's forex reserves crossed $300 billion-mark, the highest since December 2011.

  • Many corporate honchos lag behind 'netas' in assets

    Many corporate honchos lag behind 'netas' in assets

    Mr Nilekani, former chief of Infosys, figures among the richest in fray for 16th Lok Sabha elections with declaration of Rs 7,700 crore assets along with his wife; while ex-banker Meera Sanyal also stands taller than her constituency rivals in terms of declared assets of Rs 50 crore.

  • Sahara properties that may buy Subrata Roy freedom

    Sahara properties that may buy Subrata Roy freedom

    Sahara lawyers on Wednesday had pleaded that Mr Roy be kept under house arrest so that he could negotiate a deal with the international buyer, stating that no global buyer would like to do business in a jail. However the top court refused to budge.

  • Fairfax's Prem Watsa says BlackBerry a good long-term investment

    Fairfax's Prem Watsa says BlackBerry a good long-term investment

    Watsa, who has built a reputation as a shrewd value investor through winning plays such as his bet that the US housing market would fall into crisis, has built up Fairfax's BlackBerry stake over the past three years. The smartphone maker's share price has tumbled from a Nasdaq high of about $148 in 2008 to a low of just over $5 last year.

  • R Chandrasekaran takes over as Nasscom chairman

    R Chandrasekaran takes over as Nasscom chairman

    The body, which represents the $108 billion Indian IT-BPO sector, has also appointed BVR Mohan Reddy, the founder, Chairman and Managing Director of Infotech Enterprises, as the Vice Chairman.

  • Rajat Gupta seeks rehearing of insider trading conviction

    Rajat Gupta seeks rehearing of insider trading conviction

    Mr Gupta filed a 70-page petition with the US Court of Appeals for the Second Circuit yesterday seeking "panel rehearing and rehearing en banc", saying in "rejecting two of his challenges to the exclusion of critical evidence in his case, the panel misapprehended several points" about the insider trading case against him.

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