January 22, 2009 3:29:17 pm

Bharti Airtel which has PwC as internal auditor said it would wait and watch the Satyam developments before taking any decision on parting ways.

January 22, 2009 3:24:04 pm

Private sector lender Kotak Mahindra Bank on Thursday reported a 64 per cent decline in its profit after tax (PAT) at Rs 130.90 crore.

January 22, 2009 11:17:30 am

Construction firm Maytas Infra said on Thursday its account books were being probed by SFIO.

January 22, 2009 11:01:06 am

Hyundai posted a surprise 28 pct fall in quarterly profit hit by lower investment gains.

January 22, 2009 10:09:15 am

Sony said it may halt production at one Japanese TV plant,as it grapples with slide in demand.

January 21, 2009 2:12:02 pm

Sony Corp will announce details of its restructuring plan this week amid internal company resistance to job cuts in Japan.

January 21, 2009 1:23:36 pm

India's annual inflation rate should have fallen to an 11-month low in the second week of 2009.

January 21, 2009 11:49:33 am

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

January 20, 2009 8:15:43 pm

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

January 20, 2009 11:56:09 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 6:55:36 pm

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

January 19, 2009 6:48:26 pm

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

January 19, 2009 5:07:25 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 5:04:37 pm

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

January 19, 2009 10:57:33 am

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

January 19, 2009 9:28:32 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 3:20:27 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 12:35:39 pm

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

January 16, 2009 6:12:16 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 2:49:15 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.