Nifty ends higher

Mumbai: Benchmark indices ended the day sharply higher, led by a solid 7 per cent rally in the stock of Infosys. Global markets too were higher, following a strong closing across the US markets. The Nifty ended the day higher by 94 points at 10,383 points. Shares in GAIL closed...

Lazada announces new group CEO

Southeast Asia’s e-commerce giant Lazada announced Friday a new group chief executive officer will be taking the helm. Chun Li, who served as president of the Alibaba-owned company and head of its Indonesia operations, will replace incumbent group CEO Pierre Poignant. He will also continue in his role as Indonesia...