Wednesday, February 4, 2009

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Top Business News- IBNLive.com

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Satyam board meets to discuss buyout offers
    TOUGH JOB: Satyam board members Kiran Karnik (L) and Tarun Das (top) at the Satyam Infocity campus in Hyderabad.Sources say that the company is keen to deal with a local entity.
Satyam has enough money for Feb salaries: sources
    SOME RESPITE: Satyam employees can breathe easy, at least for this month.Satyam employees can breathe easy, at least for this month.
Satyam saga: SEBI to finally grill Rajus
    QUESTION TIME: SC stepped in on Tuesday allowing the market-watchdog to quiz the Rajus.SC stepped in on Tuesday allowing the market-watchdog to quiz the Rajus.
SC stays order of limiting credit card interest rate
    PAY ON TIME:  Banks can now charge interest over the rate of 30 per cent per annum to credit card holders.The banks can charge more than 30 per cent per annum on credit card interest.
Satyam Board meet on Wed, to discuss buyout offers
    BOARD GAME: The six-member board is likely to consider offers from prospective buyers.The six-member board, constituted by the Centre to revive Satyam Computer Services, will meet on Wednesday.
Rajesh Saxena named American Express India CEO
    NEW MAN: Saxena will head India executive team and manage international consumer card services.Saxena was sales and marketing head, Citi Cards in Japan.

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