IT major Infosys on Tuesday showed the door to Abraham Mathews, CFO of its BPO subsidiary, for not complying with the code of conduct, while CEO Gautam Thakkar has resigned taking responsibility on moral grounds.

Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.

Roger Federer called for a merger between the two governing bodies last month, with both Simon and ATP Tour Chairman Andrea Gaudenzi welcoming the suggestion. But some top WTA players have said they want an equal standing for the women players in a combined body.

Turkey plans to host the Champions League final in August, the head of its football federation said on Wednesday, after it was postponed by the global coronavirus pandemic. Two months ago European soccer's governing body UEFA indefinitely postponed the final, which had been scheduled to be played in Istanbul in May.

Resumption of professional and local sport within days, says the country's sports and recreation minister.

The executive board, which is expected to meet later this month, will discuss holding the session "remotely through a secure electronic system" on July 17, with a possible "electronic voting system" in place.

Professional athletes could be particularly vulnerable to falling seriously ill with the new coronavirus, the head of a global union representing them said on Thursday. Brendan Schwab, the executive director of the World Players' Association, added that some players are being asked to sign away rights that would normally give them legal and financial protection should they fall ill.

The change in the rules will be allowed in all competitions which are due to finish by the end of this year and it will be up to individual competition organisers whether to implement it.

The Congress was scheduled to begin in New Delhi on October 28, later this year. The decision to postpone the Congress was taken at an online meeting of the FIH Executive Board.

Average revenue per user (ARPU) increased to ₹130.6 during the quarter.Data consumption continued to grow exponentially to 11.3 GB per user per month from 11.1 GB in the December quarter

Reliance is raising funds at a breakneck pace as it attempts to cut its debt and secure its capital needs amid a sharp downturn in the global economy.Silver Lake is a major technology investor, with over $40 billion in combined assets under management and committed capital

These customers are those who have deposited more than ₹5 lakh in their accounts .RBI cancelled the bank's licence citing its highly adverse financial position

The company relied on RBI moratorium of three months on payment of instalments of all term loans outstanding between 1 March and 31 May

In our second interview in the Pivot or Perish series, wherein top companies share their vision for mapping the future after the coronavirus outbreak, Hyundai's S.S. Kim shared how digital will play a critical role in sales operations of automobile companies.

Sequoia India launches a microsite to serve as a resource for founders and their teams during the challenging months ahead.The impact of covid-19 can be seen on Indian startups, with several unicorns including Udaan, OYO and Swiggy laying off and furloughing their permanent and contractual staff