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BUSINESS NEWS - Page 2302

Satyam shares tank 85 pct at Rs 6.30

January 9, 2009 10:55 IST

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 09:59 IST

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 18:29 IST

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 15:51 IST

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 14:25 IST

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 13:53 IST

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

IT headhunters express shockSubscriber Only

January 8, 2009 13:53 IST

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 IST

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

Truckers strike enters fourth day

January 8, 2009 10:32 IST

Nation-wide transporters strike entered 4th day with truckers and govt refusing to stand down.

Merrill Lynch snaps ties with Satyam

January 7, 2009 18:20 IST

Merrill Lynch has said that it has terminated its services with software services firm Satyam.

Mynampati replaces Raju as interim CEO

January 7, 2009 17:05 IST

The interim CEO said,Satyam Computer Services is committed to staff,clients and shareholders.

Satyam sheds 73 pct to decade’s low of Rs 48

January 7, 2009 17:05 IST

Shares in Satyam reversed gains to fall more than 73 pct after chairman Ramalinga Raju resigned.

Time for hard look at corp governance: India Inc

January 7, 2009 13:50 IST

There are far too many 'self-congratulatory awards being given out in terms of corporate governance and disclosures,' FICCI President said.

Oil falls to USD 48.57 per barrel

January 7, 2009 11:55 IST

Oil prices were mixed in Asian trade on Wednesday after recent rallies,analysts said.

Oil spikes above $50 as gas row escalates

January 6, 2009 17:05 IST

Oil prices rose back above $50 on Tuesday shaken by disruptions to gas supplies across Europe.

Exports down 1.6 pct in December 2008

January 6, 2009 16:49 IST

Exports fell for third straight month,posting a negative growth of 1.6 pct in December 2008.

Satyam up 6 pct on possible buyout report

January 6, 2009 11:04 IST

IT major Satyam Computer Services on Tuesday surged as much as 6 per cent in early trade.

Toyota to halt production for 11 days in JapanSubscriber Only

January 6, 2009 10:02 IST

Toyota is suspending production at all 12 of its Japan plants for 11 days over Feb and March.

Rupee depreciates to 48.66 against dollar

January 6, 2009 10:00 IST

The rupee depreciated by seven paise against the greenback in early trade on Tuesday.

Daiichi Sankyo loses $3.9 bn on Ranbaxy

January 5, 2009 13:51 IST

Daiichi would book an appraisal loss of $3.9 bn on its stake in India's Ranbaxy Laboratories.

Dollar stands firm near 3-week high

January 5, 2009 12:18 IST

Dollar held firm near a three-week high against yen on Monday as risk appetite picked up.

Asia stocks hit 2-month high

January 5, 2009 12:17 IST

Asian stocks hit a two-month high with investors betting the economy will start to recover.

Satyam slumps 4 pct amid merger talks

January 5, 2009 11:54 IST

Satyam on Monday dipped as much as four per cent amid reports that its management is exploring a merger with another software company.

BSNL subscribers to get mobile coverage at Amarnath Yatra

April 20, 2001 18:09 IST

BSNL has provided mobile coverage on the entire route of Amarnath Yatra.

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