Infosys to start construction of its Mohali facility within one month

Chandigarh : Infosys today announced it would start construction of its 25,000 seat Mohali facility within one month and complete the first stage of the project within 18 months. Infosys Executive Vice President Ramadas Kamath gave this commitment to Deputy chief minister Sukhbir Badal during an interaction held here as part of the build up […]

$38b share market slide led by major bank slump

Sydney : More than $38 billion was wiped off the value of Australian stocks on Friday, led by ANZ’s worst one-day share plunge since the global financial crisis. ANZ shares slumped 7.5 per cent to $30.14 after the bank on Thursday tapped shareholders for up to $3 billion in extra funds.It set a minimum price […]