Saturday, January 17, 2009

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Top Business News- IBNLive.com

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Satyam board meet begins; CEO, funds top agenda
    BOARD-ING THE SATYAM SHIP: Deepak Parekh, Kiran Karnik and C Achuthan are in attendance.Satyam, India's fourth largest IT company, has been without a CEO.
Citigroup splitting into two after $8.3 billion loss
    VIKRAM PANDIT'S CITY SPLITS: Citigroup will now split into two units - Citicorp and Citi Holdings.Citigroup has revealed plans to split up into two businesses.
After Satyam scam, 15 more cos under scanner
    INFLATING RESULTS: There is non-transparency in revenues and turnover of these companies.The companies are in the dock over inflated balance sheets.
Fare cuts right if they stimulate demand: Mallya
    FDI IN AIRLINES: Vijay Mallya feels that airlines, like airports, should be allowed access to foreign capital. The Aviation Sector will incur losses of Rs 4000 cr this fiscal.
Tata Consultancy Q3 net up, sees tough market
    TESTING TIMES: The company has declared a dividend of Rs 3 per share.The company has declared a dividend of Rs 3 per share.
Raju brothers bail plea to be heard on Monday
    PRISON ACCOUNT: Former Satyam chief Ramalinga Raju accused of doctoring accounts.Former Satyam bosses are accused of defrauding the company.

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Posted by hasika at 12:00 AM

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