06 August, 2013

Hyundai aims to overtake Maruti, take leadership position in Indian compact car market

Hyundai Motor India, the country's second-largest carmaker, has set an ambitious target to overtake Maruti SuzukiBSE -0.16 % to leadership position in the compact car market by the end of this decade by launching a number of vehicles

CNG prices to jump by up to Rs 11.7 due to gas price hike

The government decision to double natural gas prices from April next year will translate into a hike of Rs 8.20-Rs 11.72 per kg in CNG rates in cities like Delhi and Mumbai.

Infosys faces another lawsuit in US

Infosys faces a lawsuit, and possibly even a class action lawsuit, in the US on grounds of alleged discrimination in favour of South Asians for its job positions in the country.

Brenda Koehler, an IT professional who was interviewed last year for a technical job position in Infosys that eventually went to a Bangladeshi national, has alleged in a suit filed in the US District Court in Eastern Wisconsin that Infosys "has engaged in systematic, company-wide discrimination against individuals based upon their national origin."