Disappointment was shown by many on Infosys' fourth quarter results. It reported 6-10 percent top-line growth guidance for FY14, which was lower than what the street had forecast. Rahul Bhasin, Baring Private Equity Partners said that it will be unrealistic to expect the historical growth.
The Bombay High Court has upheld a tax circular that levied VAT on houses purchased after 2006, reports Ashmit Kumar on CNBC-TV18.