Pricing worries cloud outlook for India's IT industry
A squeeze on billing rates is clouding the outlook for India's IT industry, which is feeling the pain of discount demands from its key financial sector clients.
Infosys, India's No.2 software service
Southeast is Asia’s safe haven as China, India falter
Little more than a dozen years after the region's crippling financial crisis, Southeast Asia is looking more a safe haven than a risky bet, with foreign investors souring on China and India and pouring money into markets proving resilient to the global gloom.
Suicide bomber kills 22, wounds 40 at Afghan wedding
A suicide bomber blew himself up at a wedding reception in northern Afghanistan on Saturday, killing at least 22 people including a prominent politician, and wounding 40 others, police said.
The deat
U.S. investigates whether JPMorgan traders hid losses
U.S. federal investigators are looking at whether JPMorgan Chase & Co traders hid trading losses that have since grown to $5.8 billion, according to a person familiar with the matter, after the bank s
Serena through to Stanford semis; Bartoli, Cibulkova upset
Serena Williams has still not kicked post Wimbledon jet lag, but she still managed to beat Chanelle Scheepers 6-4 6-0 in the quarter-finals of the Stanford Classic on Friday.
Second seed Mario Bartol
Over 200 massacred in Syrian govt forces attack: Activists
More than 200 Syrians, mostly civilians, were massacred in a village in the rebellious Hama region when it was bombarded by helicopter gunships and tanks and then stormed by militiamen, opposition activists said.
Barclays cuts Infosys to 'equal weight' on Q1 results
Barclays Capital cut its ratings on Infosys to 'equal weight' from 'overweight' citing 'disappointing' April-June earnings and saying the company's guidance was still too aggressive.
Barclays also cu
June exports down 5.45%: Govt
India's exports fell 5.45 per cent to $25.1 billion in June, while imports fell 13.46 per cent to $35.3 billion, leaving a trade deficit of $10.3 billion, a senior trade ministry official said on Friday.
HDFC Bank Q1 net up 31% to Rs 1,417 crore
HDFC Bank, India's No.3 lender, beat forecasts with a 30.6 per cent rise in quarterly profit, led by stronger loan growth, better fee income and higher net interest margins.
Mumbai-based HDFC Bank sa
At 50, Stones hint at new tour
Half a century after their first live gig on London’s Oxford Street, Mick Jagger, Keith Richards and the rest of the Rolling Stones will mark the band’s 50th anniversary at a photographic exhibition o