India saw some improvement in transport by rail of steel during the months of Dec and Jan.
Satyam board expects to outline the bidding process in the next 10 days time,Karnik said.
Leaders of the Senate and House of Representative agreed on a $789.5-billion stimulus package.
The TSE benchmark Nikkei-225 index fell 186.27 points,or 2.34 per cent,to 7,759.67.
Inflation rate is forecast to have fallen to its lowest in over a year at the end of January.
Satyam Board will meet in Mumbai with further funding options and legal issues likely to top its agenda.
Kingfisher has increased air fares for various routes in the domestic sector effective Feb 10.
General Motors plans to cut pay for its salaried workers under terms of a restructuring plan.
In an indication that the global layoff wave has hit the Indian shores,Citigroup believes that jobless numbers could climb in coming months.
GDP,which is estimated to grow at its slowest in 6 yrs,needs more stimulus to sustain growth.
Nissan Motor Co said on Monday it would lay off 20,000 workers worldwide from April 1.
Public-sector Oil and Natural Gas Corporation (ONGC),engaged in exploration activities along the Cauvery basin,has achieved an all-time high oil and gas production up to December in the current fiscal.
Country's top 10 companies managed to get away with just Rs 215 crore losses.
Country's largest commercial vehicles maker Tata Motors is hiring over 1,650 temporary workers.
German air carrier Lufthansa sacked 17 employees and announced closure of its offices in four cities.
ADB said that the impact of global financial meltdown will be much more on China than India.
The International Monetary Fund may be out of resources in the next 6-8 months its Managing Director warned.
The scam-hit Satyam Computer founder B Ramalinga Raju,brother Rama Raju and ex-CFO Srinivas are in "protective custody",former Securities and Exchange Board of India (SEBI) Chief M Damodaran said.
BIG Entertainment,the media vertical of Reliance Anil Dhirubhai Ambani Group,announced the launch of its movie and entertainment marketing division,BIG Boom.
State-owned Hindustan Petroleum Corp Ltd (HPCL) will triple crude oil import from Iran while reducing supplies from Iraq next fiscal.