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Last updated: Friday, May 29, 2015 5:42:13 PM

Court refuses interim relief to Tata Power in Sasan project
New Delhi, Jan 9 (IANS) The Delhi High Court Friday refused to grant interim relief to Tata Power after the government claimed the company had suppressed facts in challenging the decision to allow diversion of coal from Sasan project by Reliance Power (RPower).

Friday, January 09, 2009 9:42:17 PM

After government pressure, oil strike called off
New Delhi, Jan 9 (IANS) A strike by public sector oil firms that almost crippled India was called off after three days Friday evening, soon after the government warned that the strikers would be sacked if they did not resume work.

Friday, January 09, 2009 9:17:42 PM

Delhi Police makes first arrest in DDA scam
New Delhi, Jan 9 (IANS) The Economics Offences Wing (EOW) of the Delhi Police Friday registered its first case in the alleged scam in the allotment of over 5,000 flats by Delhi Development Authority (DDA) and arrested a man from Rajasthan, officials said.

Friday, January 09, 2009 9:04:12 PM

Government asks Satyam to appoint new directors within seven days
New Delhi, Jan 9 (IANS) The government Friday announced that it has asked scam-tainted IT bellwether Satyam Computers to appoint new directors within seven days.

Friday, January 09, 2009 8:53:51 PM

Government supersedes Satyam board, sacks remaining directors
Hyderabad/New Delhi, Jan 9 (IANS) The government Friday evening superseded the Satyam board and dismissed three remaining directors, including two independent ones, of the tainted IT major.

Friday, January 09, 2009 8:45:20 PM

Blackmarketeers have field day due to petrol shortage
Raipur, Jan 9 (IANS) Blackmarketeers struck it rich in the Chhattisgarh capital Friday -- selling petrol for as much as Rs.80 a litre -- after dozens of petrol pumps went dry due to a strike by oil sector employees.

Friday, January 09, 2009 8:41:07 PM

Regulator gives Raju 24 hours for Satyam probe hearing
Hyderabad, Jan 9 (IANS) Market regulator Securities Exchange Board of India (SEBI) Friday granted 24 hours to B. Ramalinga Raju, the disgraced former chairman of Satyam Computer Services, to appear before it for a hearing into the Rs.70-billion (Rs.7,000-crore) fraud he admitted the company has committed.

Friday, January 09, 2009 7:47:51 PM

Andhra Pradesh police begin probe into Satyam fraud
Hyderabad, Jan 9 (IANS) The crime branch of the Andhra Pradesh police Friday began probe into the Rs.70-billion accounting fraud in the city-based IT service firm Satyam Computer Services, even as the market regulator continued its probe for the second consecutive day and summoned before it the company's former chairman.

Friday, January 09, 2009 7:22:04 PM

Oil strike hits India hard, government says it is ending
New Delhi, Jan 9 (IANS) A strike in public sector oil firms that has hit India hard 'seems to be over', Petroleum Minister Murli Deora said Friday, as the fuel shortage sparked panic across the country.

Friday, January 09, 2009 7:21:29 PM

Pratibha Patil calls for restructuring IMF, World Bank
Chennai, Jan 9 (IANS) President Pratibha Patil has called for restructuring the International Monetary Fund (IMF) and the World Bank on a broad basis as, she said, the global economy is integrated.

Friday, January 09, 2009 7:13:09 PM

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