Nation-wide transporters strike entered 4th day with truckers and govt refusing to stand down.
Merrill Lynch has said that it has terminated its services with software services firm Satyam.
The interim CEO said,Satyam Computer Services is committed to staff,clients and shareholders.
Shares in Satyam reversed gains to fall more than 73 pct after chairman Ramalinga Raju resigned.
There are far too many 'self-congratulatory awards being given out in terms of corporate governance and disclosures,' FICCI President said.
Oil prices were mixed in Asian trade on Wednesday after recent rallies,analysts said.
Oil prices rose back above $50 on Tuesday shaken by disruptions to gas supplies across Europe.
Exports fell for third straight month,posting a negative growth of 1.6 pct in December 2008.
IT major Satyam Computer Services on Tuesday surged as much as 6 per cent in early trade.
Toyota is suspending production at all 12 of its Japan plants for 11 days over Feb and March.
The rupee depreciated by seven paise against the greenback in early trade on Tuesday.
Daiichi would book an appraisal loss of $3.9 bn on its stake in India's Ranbaxy Laboratories.
Dollar held firm near a three-week high against yen on Monday as risk appetite picked up.
Asian stocks hit a two-month high with investors betting the economy will start to recover.
Satyam on Monday dipped as much as four per cent amid reports that its management is exploring a merger with another software company.
Reliance Communication launched GSM services in Mumbai and offered free talk-time worth Rs 900 spread over 3 months.
India will emerge as the fourth strongest economy among the G-20 countries after China,Russia and S Korea.
Ambanis' fight,Lehman collapse,Mumbai terror strikes-- having seen all these,investors do not want any repeat this yr.