Banking services hit as employees of public sector banks go on strike

Banking services hit as employees of public sector banks go on strike

Normal banking operations have been hit as public sector bank employees went on a one-day nationwide strike on Tuesday to protest against the government’s proposed consolidation move, besides raising other demands. Services like deposits and withdrawal at bank branches, cheque clearance,...
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No active role for Vishal Sikka at Infosys, won’t be involved in selecting new CEO

No active role for Vishal Sikka at Infosys, won’t be involved in selecting new CEO

Vishal Sikka, who was named executive vice chairman of Infosys Ltd on Friday after abruptly stepping down as CEO will not play an active role in the company, three executives at the company familiar with the development said on condition...
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Infosys yet to start search for next CEO

Infosys yet to start search for next CEO

A little over 72 hours after Vishal Sikka quit as chief executive officer (CEO) of Infosys Ltd, India’s second largest software services firm is yet to officially start the process of finding a successor, amid a broader tussle between the...
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Markets extend losses, Infosys pulls down Sensex

Markets extend losses, Infosys pulls down Sensex

The benchmark Sensex gave up early gains to end 266 points lower on Monday while the Nifty cracked below the 9,800 mark, pulled down by heavyweight Infosys and other blue-chips amid a lower opening in Europe. The IT sector faced...
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US to review China intellectual property policies

US to review China intellectual property policies

The US has formally launched an investigation into China’s policies regarding intellectual property. The top US trade official, Robert Lighthizer, said his office had “determined that these critical issues merit a thorough investigation”. The...
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US to announce trade action against China

US to announce trade action against China

The United States will launch a trade action next week that could lead to a full-fledged investigation into China’s “unreasonable or discriminatory” intellectual property laws, policies and practices that harmful to America, with the possibility of punit...
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