Narayana Murthy's returns is what Infosys needed, Srinivasan steps aside & other top stories

THE ECONOMIC TIMES Sun, Jun 02, 2013 | 06:30 PM IST Daily Newsletter

Govt hikes import tariff value of gold to $459/10 grams The government has raised the import tariff value of gold to $459 per 10 grams, while it has been slashed at $737 per kg for silver imports. Srinivasan steps aside, Dalmiya to take over as interim BCCI chief: Sources Jagmohan Dalmiya will take over as interim BCCI chief as N Srinivasan has stepped aside till investigation into the IPL spot-fixing scandal is over.

Story of The Day Narayana Murthy back as executive chairman, is this what Infosys needed? Executive co-chairman Kris Gopalakrishnan has been demoted to the role of vice-chairman and Rohan will be executive assistant to his father. read more

Popular Stories Infosys appoints Narayana Murthy as Executive Chairman of the board, KV Kamath steps down Green energy: Lakshadweep to generate electricity from coconut leaves, stem, husk and shells Why it is not surprising that the Amway row happened in Kerala Infosys starts process to identify candidates for CEO post Infosys may test Rs 2500 levels on Monday post N R Narayana Murthy’s appointment Rohan Murty at Infosys: Steps into the company his father N R Narayana Murthy co-founded

Market Watch 2 Jun | 06:30PM SENSEX 19760.30↓-455.10 NIFTY 5985.95↓-138.10 USD/INR 54.89↑0.11 GOLD (Rs/10g.) 26798.00↓-76.00

Latest Updates Re unlikely to fall further this week: Experts Taking cues from the massive fall in equities, rupee declined by 12 paise to end at 11-month low of 56.50 against dollar amid worries over CAD and GDP. Top ten trading strategies for the coming week We have collated views and recommendations from experts on ten stocks which are likely to be in action next week based on technical set up. GDP growth likely to be between 6-6.5% in FY14: CII The country's economic growth is expected to be in the 6-6.5 % range in 2013-14, while wholesale price index inflation may be above 7 % 'Pvt investment goal in infra space may not be met' The Government has envisaged a total $1 trillion investment in infrastructure during the 12th Plan (2012-17). IIT-M develops affordable eye screening tech The software 'Eye PAC' has been developed by Healthcare Technology Innovation Centre (HTIC), a unit of the Research and Development wing of the institution. Bombardier: CSeries jet on track for end-June debut Canada's Bombardier is confident it will be able to fly its new CSeries passenger jet by the end of June, a senior executive said on Sunday.

Gainers Losers 2 Jun, 2013, 06:30PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Tirupati Inks Ltd. 3.84 20.00 17754 3.84 3.68 TCI Developers Ltd. 126.00 20.00 5 126.00 126.00 Centum Electronics Ltd. 53.60 19.91 5083 53.60 49.00 Alpa Laboratories Ltd. 7.00 15.51 9320 7.00 6.95 Vindhya Telelinks Ltd. 181.95 13.72 10 184.90 181.95

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