Monday, January 26, 2009

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Top Business News- IBNLive.com

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Devil's Advocate: Kiran Karnik on Satyam's future
    WORRIED ABOUT FALLOUT: Kiran Karnik says India Inc needs to try and become better after the Satyam scandal.A member of Satyam board, Karnik says India Inc needs better ethics.
Tata Steel's Corus to cut up to 3,500 jobs: report
    UNDER RECESSION: The Corus steel logo is displayed in London.The job cuts has been accelerated by the crisis in the global steel industry.
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.
Watch: CNBC-TV18 gives away Indian Business Leader Awards
    The awards aim at recognising India's true business leaders.
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.

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