Friday, March 6, 2009

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Top Business News- IBNLive.com

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Satyam gets approval to sell 51 pc stake
    FIGHTING BACK: Fraud-hit Satyam is looking for suitors who will keep it in business. Fraud-hit outsourcing firm gets market regulator's approval.
SEBI sends notice to ex-auditors of Satyam
    COMPANY YOU KEEP: Role of Pricewaterhouse Cooper auditors in Satyam scam is under the scanner.When asked, PWC said it has received the notice by the SEBI.
Analysts fear deflation to hit India in 2-3 months
    BAD TIMES AHEAD? Analysts says prices going down is a not a good signal for the economy always.On Thursday the inflation stood at just over 3 per cent.
Latest casualty of recession: IIM placements
    WHAT NEXT? Management students are struggling to get placements this year.Management students are struggling to get placements this year.
Indian rupee to get its own symbol soon
    HOW TO REPRESENT RUPEE? A hunt is on for an internationally recognised rupee symbol.The Ministry of Finance has launched a nationwide competition for it.
Post-Satyam scam, PWC to set up advisory board
    PRESTIGE AT STAKE: The global auditing firm considers its India operations as important.PwC resigned as the statutory auditor for Satyam after te scam broke out.

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