Sreeja VN

The World Badminton Federation (WBF) charged eight female players Wednesday of 'throwing' their doubles match in London Olympics to get an easier draw in the next round. Four pairs of Badminton players allegedly conceded defeat by deliberately spraying the shots and faulting the serves.

The top after-market Nasdaq gainers Tuesday were Silicon Image Inc, Global-Tech Advanced Innovations Inc, Depomed Inc, Merge Healthcare Inc and Papa John's International Inc.The top after-market Nasdaq losers were Career Education Corporation, McGrath RentCorp, Digital River Inc, True Religion Apparel and Horizon Technology Finance Corporation.

The Reserve Bank of India (RBI) left the interest rates unchanged for the second time, but cut the Statutory Liquidity Ratio (SLR) by 1 percent and growth forecast to 6.5 percent, reiterating its focus on containing inflation.

A Chinese teen swimmer's stunning and unbelievable performance in London Olympics has raised many eyebrows as the most senior swimming coaches expressed suspicions over her performance, While Chinese officials discarded allegations as baseless.

The top after-market Nasdaq gainers Monday were Cirrus Logic Inc, Rudolph Technologies Inc, Vertex Pharmaceuticals Inc, Renewable Energy Group Inc and Kona Grill Inc. The top after-market Nasdaq losers were CafePress Inc, Dendreon Corporation, PMC-Sierra Inc, Seagate Technology PLC and Orexigen Therapeutics Inc.

In a bid to further clarify the confusions related to Indian taxation policies Indian Prime Minister Manmohan Singh has setup a review committee to examine taxation of Development Centres and the IT Sector.

Maruti Suzuki shares fell 2.7 percent in the morning trading Monday, following a 22.84 percent drop in its first quarter net profit even as analysts started revising the company's stocks, indicating a not-so-good future ahead.

Seven teenage athletes, who were selected by UK's seven renowned Olympic champions, lit the London 2012 Games cauldron Friday, marking the official start of the games.

The top after-market Nasdaq gainers Friday were Meru Networks Inc, Lincoln Electric Holdings Inc, Amkor Technology Inc and Amarin Corporation Plc.The top after-market Nasdaq losers were WisdomTree Investments Inc, Alaska Communications Systems Group Inc, Ironwood Pharmaceuticals Inc and Mid-Con Energy Partners LP.

ICICI Bank, India's top private lender, Friday reported a 36 percent increase in its net profit in the first quarter of the financial year 2012, exceeding the market expectations.

The Olympic torch took the final lap of its 8,000 mile relay around London Thursday, a day before the official start of the 2012 Olympics games, amid much festivity and fervor. More than 10 million people reportedly hit the streets to see the flame pass through the country's landmarks.

India's much-awaited "second wave" of reforms is likely to be delayed due to the dilly-dallying monsoon. Prime Minister Manmohan Singh, who doubles as the finance minister, is expected to hold the crucial policy decisions on allowing the FDI in retail sector and hike in diesel prices until at least the second week of September, Reuters has reported quoting official sources.

Maruti Suzuki, India's largest car maker faces supply woes as the stocks of its two most popular car brands Swift and DZire have dried out, following the shutdown at its Manesar plant in the state of Haryana.

Biocon, India's major biotechnology company has reported a lower-than-expected 12 percent increase in its net profit for the first quarter of the fiscal year, sending its shares down in Indian stock markets.

The whistleblower case between Infosys, India's second largest IT services exporter, and one of its employees in the U.S. would go to trial next month as a mediation conference Tuesday fell through.

The top after-market Nasdaq gainers Tuesday were Riverbed Technology Inc, Ancestry.com inc, BioCryst Pharmaceuticals Inc, Altera Corporation and iRobot Corporation Inc.The top after-market Nasdaq losers were Netflix, Inc, Buffalo Wild Wings Inc, TripAdvisor Inc, Amyris Inc and Horizon Technology Finance Corporation.

Colorado shooting suspect James Holmes' appearance in court has sparked rumors that he is in delusion and is a disturbed person.

Wipro Ltd, India's third largest IT services exporter, Tuesday reported a jump of 6.7 percent sequentially in its first quarter profits for the financial year 2012-13, aided by the strong demand for outsourcing services and the week Indian rupee.

The top after-market Nasdaq gainers Monday were HealthStream Inc, Sanmina-SCI Corporation, The Wet Seal Inc, Amedisys Inc and Stamps.com Inc.The top after-market Nasdaq losers were Volterra Semiconductor Corporation, Transcept Pharmaceuticals Inc, Grand Canyon Education Inc, Apollo Group Inc and SIGA Technologies Inc.

Essar Oil Monday said that it had made arrangements for loans of about Rs 50 billion to pay its Rs. 61.69-billion sales tax dues to the government of the western Indian state of Gujarat.

The Indian rupee touched 55.84 against the dollar Monday, its lowest mark in a week in morning trade, weighed down by heavy demand for the dollar by petroleum companies.

President Obama visited the injured victims of Aurora theatre shooting on Sunday and joining the relatives and friends of the victim's and local residents in their mourning.

Hundreds of people gathered at the vigil for victims of the Aurora 'Batman' movie screening massacre, which left at least 12 dead and over 58 injured. Candlelight vigils and memorial masses are being held by community leaders and friends and relatives of the victims in the Aurora area.

The top after-market Nasdaq gainers Friday were Mission West Properties Inc, FormFactor Inc, Synacor Inc and Regeneron Pharmaceuticals Inc. The top after-market Nasdaq losers were Ancestry.com Inc, ARM Holdings Plc, OpenTable Inc and iShares MSCI ACWI Index Fund.

President Barack Obama's weekend statement on Indian economic slowdown and recent downgrading of the country's sovereign credit ratings by the global rating agencies has evoked strong criticism from India. The Indian government and a section of authorities have blamed the global rating agencies and foreign investors for misjudging the Indian economy and deliberately trying to downgrade India's image.

Around 100 people have been arrested Thursday, in connection with the violence that erupted between the management and the workers in the Manesar plant of Maruti Suzuki.

The Indian economy would see in this fiscal year its weakest growth rate in the past 10 years as the policy gridlocks and global economic uncertainties weigh heavily on the country.

The top after-market Nasdaq gainers Wednesday were Mellanox Technologies Ltd, Complete Select Comfort Corp, Skyworks Solutions Inc, QUALCOMM Incorporated and QLogic Corporation. The top after-market Nasdaq losers were Diana Containerships Inc, Tudou Holdings Limited, Trius Therapeutics, Nanosphere Inc and Smart Balance Inc.

The top after-market Nasdaq gainers Tuesday were Amicus Therapeutics Inc, Orexigen Therapeutics inc, Gevo Inc, Inter Parfums Inc and Complete Genomics Inc.The top after-market Nasdaq losers were Rovi Corporation, Arena Pharmaceuticals Inc, VIVUS Inc SS&C Technologies Holdings Inc and Horizon Technology Finance Corporation.