London/New Delhi, Apr 27: With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo today said its “contractual obligations” to support his presence would not apply in the event of “defaults” by the Indian businessman and his group firm UB Holdings Ltd.A major boardroom battle broke out this weekend at […]
New York, Apr 27: French IT services firm Capgemini today said it will acquire US-based outsourcer IGATE for USD 4 billion, a move that will help the former strengthen its foothold in the North American market. Under the merger agreement, Capgemini will acquire the Nasdaq-listed firm for a cash consideration of USD 48 per share […]
Mumbai, Apr 27: The benchmark BSE Sensex gained over 129 points in early trade today on value-based buying by investors amid positive cues from other Asian markets. The 30-share index rose by 129.34 points, or 0.47 per cent, at 27,567.28 as buying in stocks of FMCG, power, auto, metal and infrastructure sectors, positively impacted the […]
Kathmandu, April 27: The toll after Saturday’s devastating quake in Nepal has climbed to 3,351 and 6,833 people have been injured, the country’s home ministry said on Monday. Sindhupalchowk, a district near capital Kathmandu, reported 875 deaths, the highest number in one district, Xinhua news agency reported citing home ministry spokesman Laxmi Dhakal. Central Nepal […]
Kathmandu, Apr 27: Chaos prevailed at Nepal’s only international airport here today with hundreds waiting to be evacuated from the earthquake-ravaged country as India and other nations scurried to bring back their panic-stricken citizens. While 2,500 people have been evacuated so far, scores of people, largely Indians were lined up at the Tribhuvan International Airport […]