Sunday, January 25, 2009

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Top Business News- IBNLive.com

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India Inc needs better ethics, actions: Karnik
    WORRIED ABOUT FALLOUT: Kiran Karnik says Corporate India needs to try and become better after the Satyam scandal.One of the members of Satyam board Karnik was quizzed on Devil's Advocate.
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.
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.

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