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Oil falls to $36.28 on demand outlook

January 15, 2009 9:50:08 am

Oil fell $1 and tipped closer to $36 a barrel,extending an overnight 1.3 per cent decline.

Barclays to lay off about 2,100 jobs: Report

January 14, 2009 3:14:09 pm

Financial services major Barclays is to reduce its headcount by about 2,100 in investment banking and money management.

Kingfisher defers Hong Kong,Singapore flights

January 14, 2009 9:29:49 am

Private air carrier Kingfisher Airlines has said it has deferred its proposed flights to Hong Kong and Singapore from here due to some technical reasons.

Morgan cuts India’s growth estimate

January 13, 2009 1:18:40 pm

The Indian economy may grow 6.7 per cent in the current fiscal year,Morgan Stanley said.

Satyam’s new Board to address liquidity crisis

January 13, 2009 11:43:39 am

The board would ask the clients to pay advance against dues to tide over immediate liquidity needs.

Infy sees no fallout from fraud at Satyam

January 13, 2009 10:37:06 am

Infosys said it was not seeing any fallout of the accounting fraud at rival Satyam Computer.

Sony may post $1.1 bn loss

January 13, 2009 10:28:00 am

Sony may post an operating loss of about $1.1 bn this financial year,its first loss in 14 years.

New auditors for Satyam in 48 hours

January 12, 2009 6:15:04 pm

The Government will soon appoint more directors on the board of Satyam Computer.

Satyam issue: Biz leaders to meet PM

January 12, 2009 2:30:45 pm

Industry leaders will meet PM Singh and are likely to discuss ways to take corrective measures after Satyam fraud.

Don’t ‘poach’ Satyam customers: Nasscom

January 12, 2009 11:51:18 am

Nasscom asked IT companies to desist from weaning away clients of Satyam Computer.

Infrastructure output slips to 2.2 pct

January 12, 2009 10:41:05 am

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 pct

January 12, 2009 10:31:37 am

Domestic passenger car sales declined by 6.9 per cent in December 2008 to 82,105 units.

‘Centre concerned about Satyam employees’

January 12, 2009 10:29:57 am

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 Mon

January 11, 2009 4:14:54 pm

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 bn

January 11, 2009 1:23:17 pm

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 locked

January 9, 2009 3:09:49 pm

SEBI team probing a financial fraud in Satyam reached Raju's house,but returned as the premises was locked.

Don’t poach Satyam workers: Nasscom

January 9, 2009 1:18:45 pm

Expressing solidarity with Satyam,Nasscom has asked its recruitment team not to poach anybody from Satyam.

Satyam shares tank 85 pct at Rs 6.30

January 9, 2009 10:55:52 am

Shares of Satyam on Friday got battered even further and witnessed a level of Rs 6.30.

Maytas Infra shares fall by max open limit

January 9, 2009 9:59:30 am

Shares in Maytas Infra opened down 4.98 per cent,the maximum daily limit,at 150.80 rupees.

Sun Pharma replaces Satyam in Sensex

January 8, 2009 6:29:33 pm

BSE said it will replace Satyam Computers with Sun Pharma in Sensex with effect from Jan 12.

FIFA ‘closely monitoring’ sponsor Satyam

January 8, 2009 3:51:38 pm

World football body FIFA,one of the most coveted clients of Satyam said it was closely monitoring developments.

Maytas Infra Chairman R C Sinha resigns

January 8, 2009 2:25:12 pm

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: Govt

January 8, 2009 1:53:47 pm

Govt has asked the registrar of cos in Hyderabad,where Satyam is based,to file a report.

IT headhunters express shock

January 8, 2009 1:53:01 pm

TV Mohandas Pai,Director-HR,Infosys expressed deep shock at events unfolded at Satyam.

Lenovo sees loss,to lay-off 2,500 jobs

January 8, 2009 10:59:17 am

Lenovo announced a broad restructuring on Thursday,including a lay-off of 2,500 workers.

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