Friday, February 6, 2009

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Top Business News- IBNLive.com

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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.
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.
Obama pushes for stimulus package
    SEAL THE DEAL: The package's passage would be a huge relief for Obama early in his presidency.The nearly $1 trillion package is Obama's top legislative priority.
Global Recession: India for cap on CEO salaries
    ECONOMIC DOWNTURN: Panelists felt that Indian CEOs needed to show demonstrable leadership in times of crisis.The economic slowdown is fast becoming a global cry for responsibility.
IPL auction shows Indian economy growing: Report
    AUCTION ACTION: Pietersen and Flintoff were snapped up for $1.55 million each by IPL teams.England all rounders Pietersen and Flintoff fetched eye-popping sums.

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