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India’s tech sector hire 51% of women in 2015

New Delhi / Bloomberg India’s technology services sector is hiring more women but females still assume just a fraction of senior roles, according to a joint study by the industry’s trade group and PricewaterhouseCoopers LLP. About 51 percent of entry-level jobs went to women in 2015, according to the report on an industry dominated by companies like Infosys Ltd. and ...

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Australian logistics giant Asciano broken up in US$6.8bn joint takeover

Sydney / AFP Australian logistics giant Asciano said on Tuesday it was recommending a $6.8 billion takeover deal between two rival local and international suitors, breaking up the company’s ports and rail assets. The announcement ended a bidding war for Asciano, a major Australian rail, freight and ports operator, between a consortium led by Canada’s Brookfield Infrastructure Group and a ...

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VW faces $3.7bn suit over diesel scandal in Germany

Bloomberg Volkswagen AG was sued for €3.3 billion ($3.7 billion) over how the company informed markets about devices used to hide pollution in diesel engines, its biggest legal challenge in Germany to date after a wave of lawsuits in the U.S. on the scandal. The case was filed on Monday in Braunschweig on behalf of 278 institutional investors from around ...

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