Daily Newsletter | Monday, April 03, 2017
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Dalai Lama & Tibet: India’s leverage against giant neighbour China |
The Dalai Lama has expectedly steered clear of political positions, saying there is nothing new in China’s objections to his visit. Yet, the sharp language with China warning of “serious damage” to bilateral ties should be read with its increasing testiness over the prominence being given to the Dalai Lama. |
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Federer beats Nadal in Miami Open final |
Federer defeated long-standing rival Nadal 6-3, 6-4 to win the Miami Open and continue his outstanding start to the year. Since returning from his 6 month injury lay-off, he has also won the Australian Open and Indian Wells and he heads into the clay season as the dominant presence on the ATP Tour. |
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Fresh row at Infy as Murthy slams COO’s pay hike |
The flash point this time was a resolution, which came for voting on March 31, to increase the total compensation of chief operating officer U B Pravin Rao by 35% to Rs 12.5 crore. Most of the promoters of the company, including N R Narayana Murthy, abstained on the resolution. |
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RBI likely to maintain status quo on April 6 |
Rising interest rate in the US provides sufficient indication that benchmark policy rate of RBI is not going to go down but may increase in the future depending on domestic and external factors, according to experts. |
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Sebi to get internet access, call records from abroad |
Sebi already has powers to seek call data records, excluding the exact content of the communication, from telecom firms within India and these details have often helped the regulator act against defaulters in cases like market manipulation, fraudulent trades and insider trading. |
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