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Tech Mahindra Wins Bid For Satyam Computers
Region: IndiaMonday 13th April2009 Tech Mahindra emerges the Highest bidder for Satyam Computers. Tech mahindra bid for satyam at 58rs/share.L&T bid for satyam at 49.50rs/per share.The share price of satyam is trading at 50.10 and the... more
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Front Page: India: 14th January 2009
Region: IndiaThe important news in front page for today is: - Terror:Haji Akhtar Hussain, a ‘Naik’ (a military rank in the NCO cadre in Indian Army) in the Indian Army working as army driver, who retired in 1992, was... more
Views: 566 Rating:
New Board Members for Satyam Rescue Job
Region: India
After the big Satyam 7000 crore scam, it was time for the Government to act and they did. The government on Sunday appointed three men it believes could rescue Satyam. The three new board members are Deepak Parekh, Kiran... more
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Raju Brothers Arrested in Satyam Fraud
Region: India
Former Satyam chairman Ramalinga Raju has been arrested on the account of Satyam fraud. His brother, former Satyam Managing Director Ram Raju has also surrendered and arrested before the Andhra Pradesh Director General of ... more
Views: 720 Rating:
Inflation Falls to 5.91%; Markets still in red
Region: IndiaInflation for the week ended December 27 stood at 5.91% as against 6.38% in previous week. But still, despite the positive news inflow, the markets are trading in red down about 3% as of now. The satyam scam and lack of bu... more
Views: 515 Rating:
Experts speak on Satyam Disaster
Region: IndiaAs we all know about the Satyam Fraud, here is what experts have to say on the hot topic of the day. Shankar Sharma of First Global predicts the stock price going to zero levels, "probably by the next trading session... more
Views: 928 Rating:
Satyam fraud speads panic
Region: India
The Chairman of Satyam Computer's- Ramalinga Raju has resigned today following an announcement of a fraud in the balance sheet. In his resignation letter, the chairman Raju admitted that the IT major's balance sheet has in... more
Views: 1219 Rating:
Satyam Computers banned from work with World Bank
Region: United States
Satyam Computer Services has been banned from doing any off-shore work with the World Bank after the Bank's forensic experts discovered that spy software was installed on workstations inside the bank's Washington headquart... more
Views: 1521 Rating:
IT Sector booming back in the First Quarter results
Region: India
Information Technology gaint Wipro announced the first Quarter results for the year 2008-09 on Friday. Net Profit of 908 Crore rupees was announced out of the total of 43 percent growth of Income of Rs. 5967 Crores. Anothe... more
Views: 841 Rating:
Investors Shocked as Satyam admits to cheating by chairman Raju
Region: India
In a shocking relevation, India's fourth largest software exporting company, Satyam Computers, has admitted to wrong-doings and fraud. This was accompanied by the resignation of the Chairaman B. Ra... more
Views: 417