January 21, 2009 11:49 am

Andhra Pradesh CM Reddy has said the state CID is probing the affair of Maytas Infra.

January 20, 2009 8:15 pm

Larsen and Toubro is believed to have approached the govt evincing interest to buy out Satyam.

January 20, 2009 11:56 am

The first African-American to become US president will take his oath against the backdrop of drawn-out US and global downturn.

January 19, 2009 6:55 pm

Govt has said there appeared to be a 'nexus' between the fraud at outsourcer Satyam Computer Services and other firms.

January 19, 2009 6:48 pm

TCS said some Satyam Computer clients have turned to the Tata company on their own.

January 19, 2009 5:07 pm

State Farm Insurance Co has terminated its contract,a Satyam spokeswoman said,but she declined to give details of the contract.

January 19, 2009 5:04 pm

ICICI Bank said that interest rates are expected to come down in the next one-and-a-half months.

January 19, 2009 10:57 am

Royal Bank of Scotland will unveil up to $37.30 billion of losses for 2008 on Monday.

January 19, 2009 9:28 am

B Ramalinga Raju,the founder and former head of Satyam Computer Services may have skimmed huge amounts of cash from the company,rather than padded its books as he claims,according to a report in the 'New York Times' that cited a person involved in the Satyam investigation.

January 17, 2009 3:20 pm

Coinciding with the meeting of the new board of Satyam,the minutes of the December 16 meeting of the now disbanded board today became public,detailing the unanimous decision to acquire two Maytas firms that proved to be the nemesis of the IT company's founder Ramalinga Raju.

January 17, 2009 12:35 pm

Economic downturn leading tightening of consumer spending has forced bankrupt second largest electronic retailer in the US,Circuit City.

January 16, 2009 6:12 pm

The new board of fraud-hit Satyam Computer Services will meet again on Saturday to look for ways to raise new funds. However,despite the crisis it is going through after its chariman Ramalinga Raju's disclosures,the stock price of the company has gained 40 per cent.

January 16, 2009 2:49 pm

Hit by a massive sales slump,Bajaj Auto reported a 22.43 per cent decline in net profit for the quarter ended December 2008.

January 16, 2009 1:27 pm

PriceWaterhouse has lost its mandate as the knowledge partner for Ficci's flagship annual entertainment event -- FRAME.

January 16, 2009 11:54 am

The government on Friday said that it will stick to its borrowing schedule as drawn up in January for 2008-09,as of now.

January 16, 2009 11:49 am

Bank of America Corp was rescued by the US government on Friday through a $20 billion bailout.

January 16, 2009 11:45 am

World oil prices were mixed in Asian trade amid concerns over weak energy demand from countries hit by the global economic downturn.

January 16, 2009 9:51 am

Fuji Heavy Industries,the maker of Subaru-brand cars,said it lowered its 08-09 sales target to 555,000 units from 616,000.

January 16, 2009 9:38 am

Low cost carrier SpiceJet Ltd said on Friday its Chief Financial Officer Partha Sarthi Basu has resigned effective Jan 15,2009.

January 15, 2009 12:36 pm

Satyam has not sought any financial help from the govt and the board is working on reviving the company,Prem Chand Gupta said.