By IBTimes IN
India has charged the U.S. over the hike in visa policies, which the former claimed is aimed at Indian companies, and will soon file an official case with the World Trade Organisation (WTO). (May 22)
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WTO, INDIA, INFOSYS, WIPRO, LAWSUIT, SETTLEMENT
By IBTimes IN
The BSE Sensex closed up by 1.65 Percent on Wednesday, its second straight rise. Software companies and financial institutions gained on renewed growth hopes. (Mar 21)
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INDIA, INFOSYS, ICICI, STATE BANK OF INDIA
By IBTimes IN
The Mahindra group has approved the merger of its IT services providers Mahindra Satyam and Tech Mahindra Ltd. The combined revenue of the merged companies is expected to touch $2.4 billion, making it India's fifth largest software services exporter. (Mar 21)
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INSIDER TRADING
By Reuters
The BSE Sensex closed down 0.46 percent on Friday, reversing early gains, after data showed the country's industrial output in December slowed sharply and Morgan Stanley cut its allocation for emerging market stocks. (Feb 10)
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MORGAN STANLEY, JAPAN, INDIA, ICICI, STATE BANK OF INDIA, EMERGING MARKETS
By Reuters
The BSE Sensex rose more than 1 percent on Tuesday, tracking firmer Asian markets and led by energy major Reliance Industries (RELI.NS) and ICICI Bank(ICBK.NS). (Jan 10)
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DEUTSCHE BANK, INDIA, INFOSYS, ICICI, LAWSUIT, INVESTMENT
By Reuters
Computer services firm Mahindra Satyam said it had filed a lawsuit against past directors, some ex-employees and former auditor Pricewaterhouse, seeking damages after the company was hit by a fraud in 2009 that became the country's biggest corporate scandal. (Jan 09)
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COURT, SUPREME COURT, LAWSUIT
By Reuters
Continued selling by foreign funds and slowing domestic growth prospects sent the BSE Sensex down 0.5 percent in early Tuesday trade, extending losses of the past four sessions. (Dec 20)
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CITIGROUP, JAPAN, INDIA, INVESTMENT
By Reuters
The BSE Sensex skidded to its lowest close in nearly three weeks on Thursday as investors fled riskier assets on concerns about worsening near-term outlook for the domestic and global economies. (Dec 15)
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HANG SENG INDEX, INDIA, MANAGEMENT, BHARTI AIRTEL, RBI, INFOSYS
By Reuters
Tech Mahindra, India's fifth largest software services company, on Tuesday said that net profit for the quarter to end-September rose 60 percent. (Nov 15)
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OUTSOURCING
By Reuters
Beating street estimates, software services exporter Mahindra Satyam on Thursday posted more than 10-fold jump in quarterly net profit. (Nov 10)
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COURT, SUPREME COURT, OUTSOURCING