Monday, January 19, 2009

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Top Business News- IBNLive.com

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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.
Maytas chief executive resigns from board
    SATYAM FIASCO: Maytas CEO Madhav resigned as CEO of the company on January 14.P K Madhav has resigned as whole-time director of the board.
Satyam withdraws case against UK-based mobile firm
    SATYAM-UPAID CASE: Satyam is on the backfoot again in a separate case of fraud and forgery.Satyam is on the backfoot again in a separate case of fraud and forgery.
Cyber experts to help CID in Satyam probe
    TIME TO ANSWER:  Ramalinga Raju comes out of Chanchalguda Central Jail as CID takes his custody.Cyber experts to help nail Ramalinga Raju's e-mail trail.
Satyam board meet that led to Raju's downfall
    IN THE NET: Ramalinga Raju (R) along with his brother Rama Raju (L) outside a magistrate's court.Satyam board on December 16, 2008 cleared Satyam-Maytas deal.

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