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Satyam drops 6 pc in morning trade

April 15, 2009 11:55:25 am

It had announced that it would delist its American Depositary Shares from NYSE Euronext.

‘Tech Mahindra raises $55 million’

April 15, 2009 11:53:31 am

It has raised 2.75 billion rupees ($55 million) via short-term debt,sources say.

Pantaloon to realign cos; raise 1500 cr

April 15, 2009 11:44:52 am

It intends to complete in the next two months legalities for its plans to raise Rs 1,500 crore.

Rupee gains some strength against dollar

April 15, 2009 11:41:35 am

Rupee was quoted at 49.92/93 against dollar due to fresh fall in equity markets.

Sugar prices may go up after June: CMIE

April 15, 2009 11:07:21 am

Sugar prices are likely to go up after June due to fear of rapid depletion of inventories.

Yahoo to cut hundreds of jobs: Source

April 15, 2009 10:09:44 am

It will be the first round of cuts since Carol Bartz became chief executive in January.

Infosys Q4 profit up 29%

April 15, 2009 9:44:03 am

Beating market forecasts,Infosys Technologies posted a 29% rise in quarterly profit.

Oil prices lower in Asian trade

April 15, 2009 9:34:13 am

Oil prices continued to fall amidst worries of a global oil demand slowdown.

Tech Mahindra joins top tier with Satyam

April 14, 2009 11:52:20 am

Before the scandal,Satyam was ranked India's 4th-largest and Tech Mahindra was 6th-largest.

UBS to cut 240 jobs in Asia-Pacific

April 14, 2009 11:37:02 am

Swiss bank UBS will cut 240 jobs in Asia-Pacific as Asian economies slow in a global financial crisis.

Goldman Sachs’ Q1 profit tops forecasts

April 14, 2009 10:18:47 am

Goldman Sachs' profit beat forecasts,a further sign that the worst may be over for financial firms.

‘March exports seen down 31 per cent’

April 14, 2009 10:17:32 am

India's exports fell for a 6th straight month according to the provisional estimate for March.

IBM inks 10-yr pact with Kurmanchal Bank

April 13, 2009 8:31:37 pm

Technology leader IBM said it has signed a 10-year outsourcing agreement with Nainital-based Kurmanchal Nagar Sahakari Bank to host and manage its IT infrastructure.

Satyam’s bidding shows India’s strength: India Inc

April 13, 2009 3:33:34 pm

India Inc said the completion of bidding process for Satyam demonstrates the country's strength in dealing with complex corporate issues.

‘Economy may recover in 2nd half of 2009’

April 13, 2009 2:10:45 pm

Former RBI Governor C Rangarajan said that the economy will recover in the second half of 2009.

Little scope to cut PLR: PNB

April 13, 2009 1:15:45 pm

Punjab National Bank on Monday said there is little scope for reduction in prime lending rate in the present circumstances.

L&T to hold on to Satyam stake: CFO

April 13, 2009 12:28:09 pm

L&T,which has built up a 12 pct stake in Satyam Computer,plans to hold on to the stake.

China economy shows ‘positive signs’: Wen

April 11, 2009 3:20:43 pm

China's economy has shown some positive signs amid the global financial crisis,Premier Wen Jiabao said.

Sensex completes 5-week winning streak

April 11, 2009 2:23:39 pm

A host of positive factors helped Sensex to complete one of the best winning rally in the five weeks.

Tatas,RIL among 50 most innovative cos

April 10, 2009 5:23:45 pm

Three Indian entities have entered BusinessWeek magazine's list of world's 50 most innovative companies.

Nokia launches N-Gage

April 10, 2009 4:55:57 pm

Nokia India announced the availability of its gaming service,‘N-Gage’ in India with additional games and an expanded online offering.

‘9 out of 10 Indian employees lack social security’

April 10, 2009 2:28:11 pm

OECD,a group of rich nations,has found that nine in 10 employees in India do not have a formal labour contract and social security benefits.

Asia stocks push towards 6-month highs

April 10, 2009 1:48:33 pm

Asian shares rose on Friday,with South Korean stocks hitting a 6-month high after the country averted recession in the first quarter,as a Wall Street rally boosted risk demand around the region and dented the yen.

OVL,Reliance,IOC in talks for Venezuela project

April 10, 2009 1:36:03 pm

ONGC,RIL and IOC are coming together to bid jointly for a vast oilfield in Venezuela.

1st car to roll-out before summer 2010: Nissan

April 10, 2009 10:51:26 am

The 50:50 joint venture between Nissan and Renault at Oragadam near Chennai,will have a capacity to manufacture four lakh cars annually.

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