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BUSINESS OTHERS NEWS - Page 435
Infrastructure output slips to 2.2 pctSubscriber Only
January 12, 2009 10:41 IST
Infrastructure sector output grew 2.2 pct in Nov from a year earlier,below 3.4 pct in Oct.
Car sales dip 6.9 pct,bikes down 22.9 pctSubscriber Only
January 12, 2009 10:31 IST
Domestic passenger car sales declined by 6.9 per cent in December 2008 to 82,105 units.
‘Centre concerned about Satyam employees’Subscriber Only
January 12, 2009 10:29 IST
Union Minister of State in PMO,Prithiviraj Chavan,said the Centre is at present concerned about the future of 50,000 employees of disbanded Satyam Computers.
NYSE may resume trading in Satyam on MonSubscriber Only
January 11, 2009 16:14 IST
Trading in the securities of Indian IT company,Satyam Computer may resume on Monday,if the New York Stock Exchange finds its assessment of the company satisfactory but the exchange has warned that it may also suspend the shares if dealings were not advisable.
Satyam effect: US-listed Indian stocks lose $2 bnSubscriber Only
January 11, 2009 13:23 IST
Indian stocks listed on the American bourses suffered a loss of close to USD 2 billion in a week.
SEBI team goes to Raju’s house; house lockedSubscriber Only
January 9, 2009 15:09 IST
SEBI team probing a financial fraud in Satyam reached Raju's house,but returned as the premises was locked.
Don’t poach Satyam workers: NasscomSubscriber Only
January 9, 2009 13:18 IST
Expressing solidarity with Satyam,Nasscom has asked its recruitment team not to poach anybody from Satyam.
Satyam shares tank 85 pct at Rs 6.30Subscriber Only
January 9, 2009 10:55 IST
Shares of Satyam on Friday got battered even further and witnessed a level of Rs 6.30.
Maytas Infra shares fall by max open limitSubscriber Only
January 9, 2009 09:59 IST
Shares in Maytas Infra opened down 4.98 per cent,the maximum daily limit,at 150.80 rupees.
Sun Pharma replaces Satyam in SensexSubscriber Only
January 8, 2009 18:29 IST
BSE said it will replace Satyam Computers with Sun Pharma in Sensex with effect from Jan 12.
FIFA ‘closely monitoring’ sponsor SatyamSubscriber Only
January 8, 2009 15:51 IST
World football body FIFA,one of the most coveted clients of Satyam said it was closely monitoring developments.
Maytas Infra Chairman R C Sinha resignsSubscriber Only
January 8, 2009 14:25 IST
The Ramalinga Raju family promoted Maytas Infrastructure on Thursday said its chairman and non-executive director R C Sinha has tendered his resignation.
India will act to prevent corporate fraud: GovtSubscriber Only
January 8, 2009 13:53 IST
Govt has asked the registrar of cos in Hyderabad,where Satyam is based,to file a report.
IT headhunters express shockSubscriber Only
January 8, 2009 13:53 IST
TV Mohandas Pai,Director-HR,Infosys expressed deep shock at events unfolded at Satyam.
Lenovo sees loss,to lay-off 2,500 jobsSubscriber Only
January 8, 2009 10:59 IST
Lenovo announced a broad restructuring on Thursday,including a lay-off of 2,500 workers.
Truckers strike enters fourth daySubscriber Only
January 8, 2009 10:32 IST
Nation-wide transporters strike entered 4th day with truckers and govt refusing to stand down.
Merrill Lynch snaps ties with SatyamSubscriber Only
January 7, 2009 18:20 IST
Merrill Lynch has said that it has terminated its services with software services firm Satyam.
Mynampati replaces Raju as interim CEOSubscriber Only
January 7, 2009 17:05 IST
The interim CEO said,Satyam Computer Services is committed to staff,clients and shareholders.
Satyam sheds 73 pct to decade’s low of Rs 48Subscriber Only
January 7, 2009 17:05 IST
Shares in Satyam reversed gains to fall more than 73 pct after chairman Ramalinga Raju resigned.
Time for hard look at corp governance: India IncSubscriber Only
January 7, 2009 13:50 IST
There are far too many 'self-congratulatory awards being given out in terms of corporate governance and disclosures,' FICCI President said.
Oil falls to USD 48.57 per barrelSubscriber Only
January 7, 2009 11:55 IST
Oil prices were mixed in Asian trade on Wednesday after recent rallies,analysts said.
Oil spikes above $50 as gas row escalatesSubscriber Only
January 6, 2009 17:05 IST
Oil prices rose back above $50 on Tuesday shaken by disruptions to gas supplies across Europe.
Exports down 1.6 pct in December 2008Subscriber Only
January 6, 2009 16:49 IST
Exports fell for third straight month,posting a negative growth of 1.6 pct in December 2008.
Satyam up 6 pct on possible buyout reportSubscriber Only
January 6, 2009 11:04 IST
IT major Satyam Computer Services on Tuesday surged as much as 6 per cent in early trade.
Toyota to halt production for 11 days in JapanSubscriber Only
January 6, 2009 10:02 IST
Toyota is suspending production at all 12 of its Japan plants for 11 days over Feb and March.
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