Monday, February 2, 2009

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Top Business News- IBNLive.com

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L&T firms up as Satyam bidder, to increase stake
    SUITORS FOR SATYAM: L&T is expected to increase its stake in Satyam.L&T is likely to counter-bid if other parties put up a formal bid.
PSU banks to cut interest rates | SBI for further cut
    HARD TIMES: Markets the world over are in turmoil and need federal intervention.RBI monitors situation to keep markets active, soft interests rates help.
SBI contemplating further cut in lending rates: Bhatt
    SITTING PRETTY: SBI Chairman O P Bhatt says that the bank has no liquidity issues at the moment.SBI Chairman says liquidity situation comfortable, no cause for concern.
SEBI seeks SC nod to interrogate Satyam's Raju
    IN THE DOCK: A lower court order had denied SEBI permission to interrogate the Raju brothers.A lower court had denied SEBI permission to interrogate Raju brothers.
US banks sought foreign workers amid meltdown
    TOUGH TIMES: Major US banks sought govt approval to bring foreign workers into the country.Major US banks sought govt approval to bring foreign workers into the country.
BK Modi's Spice eyes Satyam Computer
    ENTERING INTO A NEW BUSINESS? BK Modi says that Rs 2,000 crore is the benchmark for Satyam.BK Modi says that Rs 2,000 crore is the benchmark for Satyam.
I'm a divorcee, will my alimony amount be taxable?
    MONEY MATTERS: When a divorcee receives alimony from estranged spouse, it constitutes as a part of capital receipt.The alimony received from an estranged spouse constitutes as part of capital receipt.
PSU banks to cut interest rates, says IBA Chairman
    SOFT REGIME: The RBI wants to keep markets active and monitors policies accordingly.RBI moves to inject funds into system, signaling soft interest rate regime.
SBI contemplating further cut in lending rates: Bhatt
    SITTING PRETTY: SBI Chairman O P Bhatt says that the bank has no liquidity issues at the moment.SBI Chairman says liquidity situation comfortable, no cause for concern.
Indian markets dip at opening bell, HK and Japan slip
    CAGED BULL: The markets worldwide have been slipping as recession tightens grip.Sensex opened at 9,363.58 points, 61 points lower than Friday's closing.

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