Lawyer for Rajat Gupta, told the 2nd US Circuit Court of Appeals in New York that wiretaps played for the jury were inadmissible because they amounted to hearsay evidence.
iGate Corporation, a US-listed IT company, on Tuesday sacked its India-born president & CEO Phaneesh Murthy for not disclosing to the management his relationship with a subordinate employee. HT reports.
The 48-year-old’s exit on grounds of sexual harassment from the company, the same ground on which he quit Infosys in 2012, has a ring of déjà vu. On both occasions, Murthy has denied any wrongdoing.
N Madhavan writes.
Nasscom chairman Krishnakumar Natarajan today said iGATE board has taken a right decision to sack its President and CEO Phaneesh Murthy over alleged sexual harassment, emphasising that a "quick and decisive" action in such incidents augurs well for the IT industry.
Outsourcing company iGate Corp said it had sacked its chief executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.
Phaneesh Murthy, who became one of the youngest Infosys officials to head the company's key operations in north America, fell from grace after being sacked as the CEO of Nasdaq-listed iGate Corporation following an inquiry into a controversy surrounding his relationship with a subordinate employee.
Outsourcing company iGate Corporation on Tuesday sacked its chief executive officer and one of India's best-known IT executives Phaneesh Murthy for not disclosing to the company his relationship with a subordinate employee, after probing a sexual harassment complaint against him.
Manoj Gairola reports.
Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a US Senate report on the company’s offshore tax structure said on Monday.
At least a dozen start-ups are anxiously awaiting the final subscription numbers for JustDial's initial public offering (IPO) to get a sense of the market mood.
HT reports.
In the first-of-its-kind arrangement, Essar Energy Plc, controlled by billionaire brothers Shashi and Ravi Ruia, and its refining subsidiary — Essar Oil — will on Tuesday enter into a memorandum of understanding (MoU) with China Development Bank (CDB) and PetroChina.
In a change of stance, the government is considering a proposal to allow companies applying for foreign direct investment (FDI) in multi-brand retail to enter the e-retailing segment as well. Mahua Venkatesh reports.
Standard Chartered India today said it has agreed to acquire the private wealth management business of Morgan Stanley India for an undisclosed amount, subject to regulatory approvals.
Infosys Ltd, India's No 2 software services exporter, said today it would challenge a
Rs. 5.77 billion ($105.3 million) income tax demand raised by the sgoverment earlier this month.
Indian cricket is finding itself in a tight spot right now but its position as the Number 1 sport in India is not under any threat. While other sports are becoming popular with some advertisers, no brand manager can afford to look away from cricketers.
Himani Chandna Gurtoo reports.
Hit wicket, but far from out