Thursday, February 19, 2009

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Top Business News- IBNLive.com

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Opposition flays Satyam link of YSR Reddy's sons
    IN THE DOCK: Andhra CM's son Jagan used links with Satyam founder Raju to expand his empire, says opposition.YSR Reddy's son is accused of using his links with Satyam founder Raju brothers.
FM slams Reliance petroleum for insider trading
    NO FOUL PLAY: The FM said, RPL is among the companies against whom the government has received complaints of insider trading.SEBI is investigating allegations of insider trading in Reliance Petroleum Ltd.
Markets may plummet but gold hits an all-time high
    ALL THAT GLITTERS: Analysts say they see a glittering future for the yellow metal.Analysts say they see a glittering future for the yellow metal.
Obama's stimulus plan fails to lift Wall Street
    THUMBS DOWN: The experts have given a thumb down to Obama's $787 billion stimulus package.The experts believe conditions are likely to get even worse.
7.2 million more Asians to be jobless in 2009
    SHINE GONE: Workers at a diamond polishing unit in Surat; the sector has seen massive job loss. UN agency says number of unemployed workers in region to rise dramatically.
Govt to take over Raju family firm Maytas
    FAMILY BUSINESS: B Ramalinga Raju wanted to take over Maytas with Satyam's funds.Union Company Law Minister says Govt suspects fraud.

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