Business News

Last updated: Saturday, August 01, 2015 2:38:04 PM

Mathura oil refinery shut down
Agra, Jan 9 (IANS) All six units of the Indian Oil Corporation's Mathura refinery have been shut down due to the strike by public sector oil company officials, according to a strike leader.

Friday, January 09, 2009 9:55:15 AM

Talks fail to end oil sector strike
New Delhi, Jan 9 (IANS) Talks between Petroleum Minister Murli Deora and representatives of the agitating employees of public sector oil companies ended late Thursday night without any positive result.

Friday, January 09, 2009 1:35:09 AM

Ramalinga Raju in Hyderabad, claims lawyer
Hyderabad, Jan 8 (IANS) Satyam Computer founder-chairman B. Ramalinga Raju, whose whereabouts are not known after his shocking admission of massive financial fraud, is in the city and has no intention to avoid the process of law, his lawyer claimed Thursday even as a top company official said they did not rule out filing a criminal case against him.

Thursday, January 08, 2009 11:57:51 PM

Long queues for fuel as petrol pumps run out of stocks
New Delhi, Jan 8 (IANS) Serpentine queues were seen outside petrol pumps across the country as alarmed vehicle owners tried to stock up on fuel as petrol vends started to run dry Thursday on the second day of a nationwide strike by employees of public sector oil companies.

Thursday, January 08, 2009 11:34:32 PM

Satyam executives to stay put despite massive fraud
Hyderabad, Jan 8 (IANS) Ten top executives of the tainted Satyam Computer Services Ltd late Thursday pledged to remain with the company and work jointly to steer the IT bellwether, reeling under shocking disclosures of financial fraud by its founder chairman B. Ramalinga Raju.

Thursday, January 08, 2009 11:15:50 PM

Many petrol pumps go dry in West Bengal
Kolkata, Jan 8 (IANS) On Day Two of the nationwide indefinite strike by oil sector employees, many petrol pumps across West Bengal went dry, said an official here.

Thursday, January 08, 2009 10:53:36 PM

Satyam chief financial officer Srinivas resigns
Hyderabad, Jan 8 (IANS) Chief financial officer (CFO) Vadlamani Srinivas of the tainted Satyam Computer Services Ltd resigned from the IT bellwether a day after founder chairman B. Ramalinga Raju quit admitting to a massive financial fraud, a top company official said Thursday.

Thursday, January 08, 2009 10:08:59 PM

Long queues for fuel as petrol pumps start to go dry
New Delhi, Jan 8 (IANS) Alarmed Delhi'ites Thursday made a beeline for petrol pumps to tank up their vehicles as most petrol pumps went 'dry' on the second day of a strike by oil sector employees demanding higher wages.

Thursday, January 08, 2009 9:49:15 PM

Orissa to use essential services act to tackle oil sector strike
Bhubaneswar, Jan 8 (IANS) The Orissa government will invoke the Essential Services Maintenance Act (ESMA) to tackle the ongoing strike by employees of public sector oil companies, a state official said Thursday.

Thursday, January 08, 2009 9:34:12 PM

Satyam new management scouting for investors, open to sell-off
Hyderabad, Jan 8 (IANS) As corporate India, particularly the IT industry, Thursday assessed the damage to Brand India caused by the Rs.70-billion financial fraud of Satyam Computer founder B. Ramalinga Raju, the new management team said it was looking for a strategic partner and was open to the idea of outright sale.

Thursday, January 08, 2009 9:11:09 PM

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