Under pressure Infosys recalls Narayana Murthy as chairman

	Under pressure Infosys recalls Narayana Murthy as chairman By Prashant Mehra and Harichandan Arakali. MUMBAI/BANGALORE | Sat Jun 1, 2013 8:11pm IST. MUMBAI/BANGALORE (Reuters) - India's No. 2 IT services firm Infosys Ltd (INFY.NS), grappling with disappointing results and loss of market share, has ...
	Maruti, Toyota sales decline in May; Honda, GM India up New Delhi: With automobile market continuing to reel under a slump, major car makers Maruti Suzuki India and Toyota Kirloskar Motor today reported decline in domestic sales in May but Honda and General Motors posted good growth riding on new models ...
	Sensex cracks as investors fret over rupee's decline Indian shares today fell sharply, tracking weak global markets, as investors were worried about the rupee's decline against the dollar, amid concerns the US Federal Reserve might trim its monetary stimulus soon. The Reserve Bank of India (RBI) Governor D ...
	Gold price falls below Rs 27000 mark Gold prices tumbled below the psychologically important Rs 27,000 per 10 gm mark at the domestic bullion market on Saturday amid profit-taking by stockists and global cues. Silver also fell sharply following heavy speculative unwinding and closed below the ...
	Mallya wants Rs 4500 cr in damages from KFA lenders, lessors UB Group Chairman Vijay Mallya has decided to turn the tables on lenders to Kingfisher Airlines (KFA) and aircraft lessors, from whom he has been facing intense pressure for some time. He has said he is moving court and seeking damages of close to Rs ...
	Nokia Siemens Networks to shut fixed-line factory in Kolkata KOLKATA: Telecom equipment-maker Nokia Siemens Networks (NSN) will close down its fixed-line manufacturing facility in the city from July 31. The company said in a statement that the manufacturing facility at Salt Lake catered to fixed-line telephony and ...
	Tata Motors total sales drop 23 per cent in May New Delhi: Tata Motors reported on Saturday a 23.37 per cent decline in its total sales at 49,304 units in May 2013. The company had sold 64,347 units in the same month last year, it said in a statement. Total passenger vehicle sales in the domestic market ...
	Fiscal deficit surprises on downside Fiscal deficit, or the shortfall in the government's revenue vis-a-vis expenditure, has come in at Rs 4.89 lakh crore for 2012-13, lower than the Rs 5.20 lakh crore budgeted for the year. This comes to 4.9% of gross domestic product. The government managed ...
	State aims at Rs.2 lakh per capita income Buoyed by the positive response to its programmes and policies aimed at enhancing income generation and poverty alleviation, the State said its next target was to achieve per capita income of Rs.2 lakh by end of 12 Five Year Plan. The State's per capita ...
	India's Sun Pharmaceuticals Readies $5 Billion Deal for Sweden's Meda India's Sun Pharmaceutical Industries Ltd., continuing with its aggressive deal-making strategy, is in talks to acquire Swedish drug maker Meda AB, people familiar with the matter said, a potential deal that could be worth roughly $5 billion. Enlarge Image ...