By Raphael Satter WASHINGTON (Reuters) – A handful of Canadian websites were defaced and the site for the country’s armed forces was briefly disrupted Wednesday amid simmering tensions with India. The low-level hacks were claimed by an obscure pro-India group going by the name “Indian Cyber Force,” whose logo includes an American bald eagle with …
Digital vandals hit Canadian websites amid tensions with India Read More »
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau said on Thursday he was sure U.S. Secretary of State Antony Blinken would raise the murder of a Sikh separatist leader with his Indian counterpart when the two meet later in the day. Trudeau made his remarks to reporters in Quebec, 10 days after he announced Canada suspected …
Canada PM says he is sure Blinken will raise murder case with India Read More »
BENGALURU (Reuters) -India’s Exicom Tele-Systems, which makes electric-vehicle chargers and energy storage systems, has filed for an initial public offering worth 4 billion rupees ($48.1 million), and an offer for sale of up to 7.4 million shares, a draft paper filed with the market regulator showed on Thursday. The company proposes to utilise the proceeds …
Indian EV charger maker Exicom Tele-Systems files for $48 million IPO Read More »
(Reuters) -Cognizant Technology Solutions on Thursday named former Wipro chief financial officer Jatin Dalal as its CFO, a week after his resignation from the Indian information technology (IT) major. Dalal is the second high profile hire by Cognizant in the past twelve months, after it named former Infosys President Ravi Kumar S as its CEO …
Cognizant appoints former Wipro finance chief Jatin Dalal as CFO Read More »
(Reuters) -IT services firm Accenture forecast full-year earnings and first-quarter revenue below Wall Street targets on Thursday, signaling that high inflation and interest rates would choke enterprise spending through next year. Shares of the company fell 4.9% in trading before the bell after its fourth-quarter revenue also missed estimates. The prospect of higher-for-longer borrowing rates …
Accenture forecasts downbeat year as IT spending stays weak Read More »
By Neha Arora NEW DELHI (Reuters) – India’s steel ministry is monitoring the trade situation between New Delhi and Canada after a diplomatic row erupted when Canadian Prime Minister Justin Trudeau said last week he suspected India of involvement in an assassination on Canadian soil. “It is an evolving situation and we are closely watching,” …
India steel secretary says closely watching Canada situation Read More »
By Dharamraj Dhutia and Bhakti Tambe MUMBAI (Reuters) -Indian government bond yields climbed on Thursday, with the benchmark yield posting its biggest single-session rise in 2023, triggered by a relentless rise in oil prices as well as Treasury yields, while debt supply further hurt. The 10-year benchmark 7.18% 2033 bond yield ended at 7.2414% after …
India 10-yr yield posts biggest single session rise of 2023 Read More »
By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee is likely to open near its record low levels on Thursday with the surge in crude oil prices and rising U.S. treasury yields expected to hurt the local unit. Non-deliverable forwards indicate rupee will open close to its record low against the U.S. dollar compared with …
Rupee poised to test record low as oil prices, US yields climb Read More »
By Aditi Shah NEW DELHI (Reuters) -Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the first time in over a decade as its partnership with Suzuki Motor boosts domestic volumes, two sources said. The world’s biggest car maker wants the plant to start with capacity …
Toyota plans third India plant, new SUV as domestic sales surge – sources Read More »
By Munsif Vengattil and Aditya Kalra BENGALURU (Reuters) -Indian income tax officials on Wednesday visited a factory of Chinese PC maker Lenovo in the union territory of Puducherry and one of its offices in Bengaluru city as part of an inquiry, two sources told Reuters. The officials inspected laptops of Lenovo employees during the visit, …
Indian tax officers visit factory, Bengaluru office of China’s Lenovo -sources Read More »
