Tuesday, January 20, 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 walk near the main entrance of the Satyam Computer Services head office in Hyderabad.Newly appointed board member Tarun Das made the revelation on Tuesday.
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.
$149 bn rescue plan for Royal Bank of Scotland
    GUARANTEEING DEBT: The UK government will allow banks to insure against steep losses. The government already owns 58 per cent of the bank.

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