infosys

Infosys to Buy SAP Firm Lodestone for ₹19.32 bln

Indian multinational software provider Infosys on Monday announced its plans to acquire Zurich-based Lodestone Holding AG for CHF 330 million ($350 million), in a move that would make the outsourcing powerhouse one of the key players in the global SAP business. Sep 10, 2012
indias-home-minister-palaniappan-chidambaram

SC Clears Chidambaram of 2G charges; Disappoints Swamy

The Supreme Court on Friday rejected petitioners' plea for a probe into his alleged role in the 2G spectrum scam, saying there was no sufficient evidence to prove that the minster misused his office to grant undue favours to then-telecom minister A Raja. Aug 24, 2012
manmohan-singh

CAG’s Coalgate Bomb: Is PM Manmohan Ready to Face it?

Over the past one year the Comptroller Auditor General of India was extensively involved in auditing expenditures by the government for public developmental works, which had invariably shed negative light on the UPA government, besides robbing top notch ministers of their jobs in the Cabinet. Aug 21, 2012
bharti-airtel

Bharti Airtel Q1 Profit Down 37 Pct to ₹7.62 Billion

Bharti Airtel on Wednesday reported a 37 percent slump in quarterly profits, making it the tenth quarter in a row that the telecom major registered a profit decline amid prevailing competition despite outperforming smaller rivals in the subscriber market. Aug 8, 2012
us-navy-ship

Indian Fisherman Killing Case: US Navy and Survivors Give Contradicting Statements

A security team of US Navy ship USNS Rappahannock on Monday fired on a small vessel killing one India fisherman and injuring three others. The Pentagon, however, defended the US Navy security team and said that the small boat operator ignored repeated warning. But Indian Fishermen who were on the small vessel has denied Pentagon claims and said that no warnings were issued by the US navy before they started firing from a .50-calibre machine gun. Jul 18, 2012