Wednesday, January 21, 2009

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Top Business News- IBNLive.com

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Satyam approached by potential buyers: Tarun Das
    LOOKING ON: An employee and security guards at the Satyam head office entrance in Hyderabad.Newly appointed board member Tarun Das made the revelation on Tuesday.
Wipro Q3 net up 8.7 pct, meets forecast
    MEETING EXPECTATIONS:  Azim Premji, Chairman of Wipro Ltd., presents the company's second quarter result in Bangalore in this October 15, 2004.Total revenue rose 25 percent to 65.4 bn rupees, as its IT services business added 31 clients.
Satyam probe an eyewash, Raju's questions 'too easy'
    TOO EASY: Sources say the CID has been questioning him for only 8 hours a day.Sources say the CID has been laidback in the interrogation of the Raju brothers.
Satyam may have inflated employee count: Report
    PUSHED TO THE BRINK: Satyam plunged into crisis after founder Ramalinga Raju resigned as chairman on January 7.Satyam Computer may have up to a fifth fewer staff than it has said.
The inside story of how Satyam scam unfolded
    THE (I)CONS: The CID is questioning Raju brothers and former Satyam CFO Vadlamani Srinivas.Satyam needs Rs 500 crore immediately just to pay its salaries.
Satyam saga: If Raju lying then where's the money?
    WEB OF LIES: Raju said he had injected Rs 1,230 crore in Satyam but it is not reflected in the accounts.Who all benefitted from the fraud? Did this include politicians, bureaucrats?
Ex-Satyam chief Raju may have siphoned cash: Report
    KEEPING WATCH: A security guard stands outside the head office of Satyam Computer Services in Hyderabad.Investigators have found a maze of about 300 companies related to Raju.

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