Saturday, February 7, 2009

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Top Business News- IBNLive.com

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IBM offers laid-off US workers jobs in India
    HOPE FOR LAID-OFF WORKERS: According to a media report IBM's laid-off employess in US have been offered jobs in India.IBM has laid off more than 4,000 workers in US this year.
Karnik named Satyam chairman; iGate backs out
    NEW CHAIRMAN: Kiran Karnik speaks during a news conference at the Satyam Computer Services Ltd.US-based iGate Corp said it now has no interest in buying Satyam.
US Senate reaches tentative deal on stimulus bill
    ANCHOR BILL: Once a final bill is crafted and passed by both chambers, President Obama will sign it into law.A stimulus package of $780 bn is being prepared to stem a deepening recession.
Watch: IPL's Lalit Modi smug with auction success
    IPL chairman says the auction of players was worth it and made business sense.
Ban on Chinese toys for public safety: Kamal Nath
    JUSTIFIED: Kamal Nath says Chinese toys banned on the grounds of public health and safety.Last month, India banned imports of toys from China for six months.
Pranab wants more resources for rural economy
    ON GUARD: Pranab Mukherjee addresses a conference on Financial Crisis, Global Economic Governance and Development.Indian economy is expected to see just near seven per cent expansion.

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