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Prachanda elected Nepal’s 39th Prime Minister

Kathmandu, Aug 3 (IANS) CPN (Maoist Centre) Chairman Pushpa Kamal Dahal Prachanda was on Wednesday elected the 39th Prime Minister of Nepal, Speaker Onsari Gharti Magar said. Out of a total 573 votes cast, Prachanda…








Profit booking drags Indian equity markets lower

Mumbai, Aug 3 (IANS) Indian equity markets on Wednesday succumbed to profit booking on uncertainities regarding the passage of the GST (Goods and Services Tax) Bill in the Rajya Sabha. Consequently, both the key indices…


Infosys invests $4 million in Israeli firm

Bengaluru, Aug 3 (IANS) Global software major Infosys Ltd on Wednesday announced investing $4 million (Rs.27 crore) in Cloudyn, an Israeli corporation, providing software as a service (Saas) solutions for the management and optimization of…










Opposition moves no-confidence motion in Goa

Panaji, Aug 3 (IANS) The opposition in Goa on Wednesday formally moved a no-confidence motion against the BJP-led coalition government. Nine opposition members, including seven from the Congress, supported the motion of no-confidence that was…