Gold prices recovered by Rs 90 to Rs 29,950 per 10 grams today, largely on the back of increased buying by jewellers at the domestic spot market.Silver too strengthened by Rs 200 to Rs 40,200 per kg on increased offtake by industrial units and coin makers.Traders said pick up in buying by jewellers at existing levels led to recovery in gold prices but a weak trend in … [Read more...] about Gold, silver recover on jewellers buying
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RBI to issue new fluorescent blue Rs 50 notes
The Reserve Bank will soon introduce new fluorescent blue Rs 50 banknotes bearing the motif of 'Hampi with Chariot' that depicts India's cultural heritage.RBI said it will shortly issue these Rs 50 denomination banknotes in the Mahatma Gandhi (new) series."The new denomination has motif of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The … [Read more...] about RBI to issue new fluorescent blue Rs 50 notes
‘Vishal’ shake up at Infosys; Sikka logs out as CEO
Vishal Sikka, the first non-founder CEO of Infosys, today resigned from the company following months of acrimony with high-profile founders, led by NR Narayana Murthy, citing "malicious" and "personal attacks" on him.While Sikka did not name Murthy for his exit, the board of the USD 10 billion firm blamed him for "continuous assault" through "factually inaccurate" and … [Read more...] about ‘Vishal’ shake up at Infosys; Sikka logs out as CEO
Sikka quits as Infosys CEO; cites ‘baseless personal attacks’
Vishal Sikka, the first non- founder CEO of Infosys, has resigned amid heightened acrimony between the board and the high-profile founders led by NR Narayana Murthy, saying he faced "false, baseless, malicious and increasingly personal attacks".Pravin Rao, currently chief operating officer, will become interim CEO, India's second largest software services exporter said in a … [Read more...] about Sikka quits as Infosys CEO; cites ‘baseless personal attacks’
Upset by Infy board’s charges, will respond at right time: NRN
New Delhi, Aug 18 (PTI) Infosys co-founder NR Narayana Murthy today said he is not seeking "any money, position for children, or power", while expressing anguish over the board's allegations that his "continuous assault" led to Vishal Sikka quitting as CEO.Murthy, who has been in a long-running battle with the board and top management of the company he founded with six … [Read more...] about Upset by Infy board’s charges, will respond at right time: NRN