Thursday, February 5, 2009

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Top Business News- IBNLive.com

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Satyam board to discuss 6-7 buyout offers
    SATYAM FIASCO: The board will also discuss the 600-700 crore short-term funding.The board will also discuss the 600-700 crore short-term funding.
WB: Central Committee clears chemical hub in Nayachar
    GREEN REVOLUTION: The chemical hub will use barren land near an island, hopes to avoid controveries.Chemical hub project over 12,000 acres to come up near barren island.
Cheaper fruit, vegetables pull down inflation to 5.07 pc
    THE NUMBER GAME: Inflation dipped to 5.07 per cent due to falling prices of fruit and vegetables.After rising for two weeks, inflation dipped to 5.07 per cent.
Chat with Harish Bijoor at 6 pm: Should CEOs take a pay cut?
Bharat Forge top brass takes pay-cuts, Kalyani leads
    LEADER TRULY: Kalyani realises that if pay cuts are a necessity, it must begin from the top.Baba Kalyani, CMD of Bharat Forge has decided to take a 20 pc pay cut.
Oz national bank removes Satyam from its IT roster home
    PULLING OUT: NAB announced the decision in separate briefings to its staff and Satyam employees at Melbourne’s Telstra Dome on Thursday.They have canceled the outsourcing project contracted to Satyam.

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