What Murthy must do to revive Infy & other top stories

THE ECONOMIC TIMES Tue, Jun 04, 2013 | 05:57 PM IST Daily Newsletter

RBI extends gold import restrictions to agencies All gold imports will necessarily have to be on "documents against payment" basis, not on "documents against acceptance" basis, RBI said. US Govt Office findings may impact tax reporting for Indian Americans The impact for Indian Americans is profound given the GAO's specific reference to the situation of immigrants, says a tax attorney.

Story of The Day To revive Infosys, Narayana Murthy must revamp sales, culture His return has revived investor concerns that Infy is overly reliant on its founders for leadership, a management culture criticised as conservative. read more

Popular Stories Investigations reveal 15% stake bought by MS Dhoni in sports marketing firm Rhiti Arun Pandey: The man behind brand MS Dhoni is anti-thesis of sports agent Why Narayana Murthy's comeback will set Infosys back How to change job and get hired in a new industry Now, pay TDS on property over Rs 50 lakh NR Narayana Murthy back as executive chairman: Is this what Infosys needed?

Market Watch 4 Jun | 05:57PM SENSEX 19545.78↓-64.70 NIFTY 5919.45↓-19.85 USD/INR 54.89↑0.11 GOLD (Rs/10g.) 26954.00↓-225.00

Latest Updates Brokerages see IDFC as front-runner for banking licence Shares of IDFC gained momentum in trade on Tuesday as sentiment turned bullish on expectations that it may get a banking licence. Defensive stocks that can gain over 10% The benchmarks are close to crucial support levels and if these are breached, further downside can’t be ruled out. Subbarao doesn't like being called inflation warrior Justifying his priority to tackling inflation, the RBI chief said he had to listen to "silent voices" of millions of poor. RBI expected to grant new bank licences by end of FY'14 The Reserve Bank, which issued clarifications on the new bank licence guidelines, is expected to grant new licences by March next year. India to have 348 million Internet users by 2017 India has the fastest Internet traffic growth globally and is expected to have 348 million users by 2017, a study by networking giant Cisco said. Slovenia central bank: fifth of big banks' loans are bad The central bank's Vice Governor Stanka Zadravec Caprirolo said that the planned amount should be "absolutely sufficient" even beyond 2013.

Gainers Losers 4 Jun, 2013, 05:57PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Williamson Financial Services Ltd. 24.90 19.42 1 24.90 24.90 Sukhjit Starch & Chemicals Ltd. 201.50 17.60 1393 205.60 182.00 Damodar Industries Ltd. 61.00 17.31 15 61.00 44.05 BSEL Infrastructure Realty Ltd. 2.12 16.48 59055 2.17 1.81 Remi Metals Gujarat Ltd. 2.79 14.34 125 2.79 2.02

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