Hyderabad, Jan 30 (IANS) The Andhra Pradesh High Court Friday adjourned to Feb 9 the hearing on a petition by market regulator Securities and Exchange Board of India (SEBI) seeking permission to record statements of disgraced Satyam Computer founder B. Ramalinga Raju and his brother B. Rama Raju in the Rs.70 billion fraud.
Friday, January 30, 2009 2:02:21 PM
New Delhi, Jan 30 (IANS) State-run oil major Indian Oil Corp (IOC) Friday said its net profit increased 41.5 percent to Rs.29.58 billion for the quarter ended Dec 31 as compared to Rs.20.9 billion in the corresponding period a year ago.
Friday, January 30, 2009 1:32:56 PM
New Delhi, Jan 30 (IANS) India’s first home-grown wind technology company Suzlon Energy Friday reported a net loss of Rs.3.9 billion for the quarter ended Dec 31 as compared to net profit of Rs.3.38 billion in the corresponding period last fiscal.
Friday, January 30, 2009 1:27:31 PM
Mumbai, Jan 30 (IANS) Indian equities markets stayed down in morning trade Friday; trade in some other important global markets weakened too. An hour into trading, a key Indian index was still 0.64 percent below its last close.
Friday, January 30, 2009 11:54:10 AM
New Delhi, Jan 30 (IANS) The $1.4-billion Satyam fraud has shaken the collective conscience of Indians and the government will ensure it does not impact its $64-billion software industry, Minister of State for IT and Communications Jyotiraditya Scindia has said.
Friday, January 30, 2009 11:26:20 AM
Mumbai, Jan 30 (IANS) Indian equities markets fell sharply at the opening bell Friday, with a key index starting more than 125 points below its last closing figure.
Friday, January 30, 2009 10:15:52 AM
Washington, Jan 30 (IANS) US President Barack Obama wants advanced and emerging economies to act in unison in dealing with the global financial crisis and would come up with more specific plans closer to the April G20 meeting in London.
Friday, January 30, 2009 9:58:49 AM
Surat, Jan 29 (IANS) The Congress party Thursday asked the Gujarat government to take immediate steps to help recession-hit small and medium enterprises (SMEs) and diamond units.
Thursday, January 29, 2009 10:28:19 PM
Bhopal, Jan 29 (IANS) Asserting that the economic slowdown has not impacted Madhya Pradesh's industrial sector, state Industries Minister Kailash Vijayvargiya Thursday said of the agreements worth Rs.370,000 crore (Rs.3.7 trillion) signed during the previous Bharatiya Janata Party (BJP) regime in the state, work on projects worth Rs.125,000 crore (Rs.1.25 trillion) has already started.
Thursday, January 29, 2009 8:56:44 PM
Hyderabad, Jan 29 (IANS) A city court Thursday dismissed the bail petition of Gopalakrishna Raju, an accused in the Satyam fraud, and sent him to police custody for two days.
Thursday, January 29, 2009 8:53:55 PM
News Business Articles Index