Congratulating the people of Greece on conducting elections successfully, the US has said
it is in every one's interest that the country remains in "the euro area while respecting a commitment to reform."
'"As President Obama and other world leaders have said, we believe that it is in all our interests for Greece to remain in the euro area while respecting its commitment to reform," the White House Press Secretary Jay Carney said in a statement said on Monday.
"Going forward, we will engage Greece in the spirit of partnership that has guided our alliance and the friendship between our people," he said.
The New York Times in a news report from Athens said that the parliamentary elections was widely seen as a last chance for Greece to remain in the euro zone and the results had an early rallying effect on world markets.
Investors across the globe may find some initial relief in the elections, but the ultimate market reaction is hard to predict because political conditions in the recession-ravaged country remain volatile, another report in CNN said.
After more than three weeks, Mumbai traders on Monday called off their strike against Local Boy Tax (LBT).
Information and technology outsourcing service provider iGATE has sacked President and CEO Phaneesh Murthy for not informing the company board about his relationship with a subordinate employee.
Yahoo will meet to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the technology news site All Things D.
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The state government has uploaded the draft policy on its websites and invited suggestions from various industry bodies as well as business community.
Even as cases of financial fraud are dotting cyber space across the world, Indians seem more forthcoming in giving out their personal information for personalised services.
Footwear major Woodland, owned by the Aero Group, is looking to re-position its sub-brand 'Woods' in the luxury footwear segment, focusing primarily on women's footwear, a top company official said Friday.