Construction firm Maytas Infra said on Thursday its account books were being probed by SFIO.
Hyundai posted a surprise 28 pct fall in quarterly profit hit by lower investment gains.
Sony said it may halt production at one Japanese TV plant,as it grapples with slide in demand.
Sony Corp will announce details of its restructuring plan this week amid internal company resistance to job cuts in Japan.
India's annual inflation rate should have fallen to an 11-month low in the second week of 2009.
Andhra Pradesh CM Reddy has said the state CID is probing the affair of Maytas Infra.
Larsen and Toubro is believed to have approached the govt evincing interest to buy out Satyam.
The first African-American to become US president will take his oath against the backdrop of drawn-out US and global downturn.
Govt has said there appeared to be a 'nexus' between the fraud at outsourcer Satyam Computer Services and other firms.
TCS said some Satyam Computer clients have turned to the Tata company on their own.
State Farm Insurance Co has terminated its contract,a Satyam spokeswoman said,but she declined to give details of the contract.
ICICI Bank said that interest rates are expected to come down in the next one-and-a-half months.
Royal Bank of Scotland will unveil up to $37.30 billion of losses for 2008 on Monday.
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.
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.
Economic downturn leading tightening of consumer spending has forced bankrupt second largest electronic retailer in the US,Circuit City.
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.
Hit by a massive sales slump,Bajaj Auto reported a 22.43 per cent decline in net profit for the quarter ended December 2008.
PriceWaterhouse has lost its mandate as the knowledge partner for Ficci's flagship annual entertainment event -- FRAME.
The government on Friday said that it will stick to its borrowing schedule as drawn up in January for 2008-09,as of now.