Don't fear visa curbs, hire locals, says Narayana Murthy

Amid concerns over the visa curbs set out in the US Immigration Reform Bill, Infosys Chairman N R Narayana Murthy said Indian IT firms need to hire more locals for their onsite operations and that......

India's 'boring' banking system remains robust: Parekh

At a time when bankers across the world are being termed as 'London Whale', hedge-fund sharks and various other deadly creatures, Indian financial system remains intact despite its "boring banking"......

With RBI unmoved on rates, pressure could build on banking stocks

Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter. Much to the Street’s disappointment, the Reserve Bank of......

Sensex cracks below 25,000-mark as weak global cues negate RBI rate cut

Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each. Markets ended sharply lower on Tuesday as weak global cues took precedence over Reserve Bank of India’s rate......