Asia

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Infosys won't be affected even if more top executives exit: NR Narayana Murthy

Bangalore, June 15 (ANI): NR Narayana Murthy while addressing last AGM as the Infosys chairman, said that Infosys has enough senior managers to run the business even if more executives leave, after a spate of staff exits triggered concerns about a leadership vacuum. Murthy played down the departure of at least 11 senior executives since he was brought back from retirement in June last year to help regain market share, saying some of them were low performers. Infosys shareholders are betting on Vishal Sikka, who will take over on August 1 from current CEO SD Shibulal, to turnaround the company by tapping opportunities in new technology areas including cloud computing and mobility. Jun 15, 2014
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BSE closes points 348.04 down on June 13

New Delhi, June 13 (ANI): Trading at the Bombay Stock Exchange today closed 348.04 points down to stand at 25,228.17. At the National Stock Exchange the Nifty closed 107.80 points down to stand at 7,542.10. Motherson Sumi and Prestige Estates were among the top gainers of Group A with an increase of 3.07% and 2.59% along with HCL Tech and Thermax with an increase of 2.10% and 1.98% respectively, while the top losers of Group A include Jaiprakash Associates and DLF with a decrease of 8.30% and 8.23% along with HPCL and Hindustan Copper Ltd. with a decrease of 8.17% and 7.04% at the close of the markets. The Auto sector is down 258.25 points at 15,200.85 while the banking sector is down 408.91 points at 17,309.87 and the realty sector is down 110.40 points at 1,994.75. The Indian currency is down 0.67% at Rs 59.65 per dollar. Jun 13, 2014
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BSE closes points 109.80 down on June 11

New Delhi, June 11 (ANI): Trading at the Bombay Stock Exchange today closed 109.80 points down to stand at 25,473.89. At the National Stock Exchange the Nifty closed 29.55 points down to stand at 7,626.85. Britannia Industries and Suzlon Energy were among the top gainers of Group A with an increase of 10.57% and 4.93% along with Havells India and Amara Raja with an increase of 4.25% and 4.09% respectively, while the top losers of Group A include TTK Prestige and HDIL with a decrease of 9.44% and 9.21% along with Future Retail and Unitech with a decrease of 8.25% and 7.00% at the close of the markets. The Auto sector is down 71.48 points at 15,365.39 while the banking sector is down 45.73 points at 17,635.9 and the realty sector is down 94.65 points at 94.65. The Indian currency is up 0.10% at Rs 59.23 per dollar. Jun 11, 2014
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BSE closes points 3.48 up on June 10

New Delhi, June 10 (ANI): Trading at the Bombay Stock Exchange today closed 3.48 points up to stand at 25,583.69. At the National Stock Exchange the Nifty closed 1.80 points up to stand at 7,656.40. TTK Prestige and Gitanjali Gems were among the top gainers of Group A with an increase of 13.50% and 9.43% along with Essar Oil and Bharti Infratel with an increase of 8.41% and 6.51% respectively, while the top losers of Group A include Sobha Developers Ltd. and Pipavav Defence with a decrease of 5.94% and 4.95% along with Shree Cement and Mahindra & Mahindra Financial Services Ltd. with a decrease of 4.78% and 4.73% at the close of the markets. The Auto sector is up 2.91 points at 15,436.87 while the banking sector is down 135.69 points at 17,681.67 and the realty sector is down 66.89 points at 2,189.12. The Indian currency is up 0.15% at Rs 59.29 per dollar. Jun 10, 2014
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BSE closes points 183.75 up on June 9

New Delhi, June 09 (ANI): Trading at the Bombay Stock Exchange today closed 183.75 points up to stand at 25,580.21. At the National Stock Exchange the Nifty closed 71.20 points up to stand at 7,654.60. Unitech and Grasim Industries Ltd. were among the top gainers of Group A with an increase of 17.16% and 11.38% along with Sobha Dev and Sun TV Network with an increase of 8.96% and 8.95% respectively, while the top losers of Group A include Pipavav Defence and Godrej Consumer Products Ltd. with a decrease of 4.98% and 3.12% along with Bajaj Finserv Ltd. and MCX with a decrease of 2.96% and 2.79% at the close of the markets. The Auto sector is up 234.63 points at 15,419.15 while the banking sector is up 28.77 points at 17,817.36 and the realty sector is up 127.98 points at 2,256.01. The Indian currency is up 0.16% at Rs 59.07 per dollar. Jun 9, 2014
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Indian Shares Start on High Note, Metal Stocks on a Roll

The Indian Shares on Friday started on a high note after surging on Thursday. Additionally, European bankers have also helped the shares get a good start by introducing the sub-zero interest rates and other anti-deflation methods. Jun 6, 2014
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BSE closes points 213.68 up on June 5

New Delhi, June 5 (ANI): Trading at the Bombay Stock Exchange today closed 213.68 points up to stand at 25,019.51. At the National Stock Exchange the Nifty closed 71.85 points up to stand at 7,474.10. Havells India and BPCL were among the top gainers of Group A with an increase of 11.11% and 6.95% along with SAIL and Godrej Consumer Products Ltd. with an increase of 6.78% and 6.72% respectively, while the top losers of Group A include Max India and UCO Bank with a decrease of 6.30% and 2.16 % along with Motherson Sumi and Gujarat Mineral Development Corporation Ltd. with a decrease of 2.15% and 1.70% at the close of the markets. The Auto sector is up 114.69 points at 14,956.43 while the banking sector is down 69.04 points at 17,500.64 and the realty sector is up 13.83 points at 2,026.36. The Indian currency is down 0.07% at Rs 59.29 per dollar. Jun 5, 2014
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