Saturday, January 24, 2009

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Top Business News- IBNLive.com

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PwC auditors held, to be produced in court
    FRAUD PROBE: After the fraud PwC had said that its auditing of Satyam accounts may not be reliable.The PwC officials will be produced in court on Saturday evening.
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.
Phaneesh Murthy's iGATE open to buying Satyam
    GOING FOR SATYAM: iGate's Phaneesh Murthy had been the global head sales and marketing at Infosys.iGate says it will value Satyam on the basis of its assets and customer base.

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Posted by hasika at 12:00 PM

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