Sunday, January 25, 2009

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Top Business News- IBNLive.com

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Raju diverted Satyam funds to buy 147 benami firms
    TIP OF THE ICEBERG? B Ramalinga Raju had claimed that he has made no profits while he inflated account book figures.Confession has been allegedly acquired by CID from trusted Raju aide.
Satyam HR dept starts employee verification
    THE TRUTH ABOUT SATYAM: The company was supposed to have had 53,000 employees.AP CID claims there were nearly 13,000 ghost employees on the rolls.
SC dismisses Vodafone petition against I-T notice
    TAXING TIMES: Vodafone was slapped with a tax bill of $2 billion by way of capital gains tax.The apex court asked why $2 billion should not be recovered from Vodafone.
Satyam scam: Raju evades SEBI enquiry yet again
    NO ACCESS: The SEBI has not be able to question Ramalinga Raju on the Rs 7000 crore scam.The market watchdog's request was not maintainable under the law.
World markets fall as UK slides into recession
    SIGN OF THE TIMES: A shop offers big savings as it tries to bring customers through its doors in Belfast's city Centre.This is the the sharpest quarterly downturn in almost 30 years.

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Posted by hasika at 12:00 AM

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