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Parekh, Karnik, Achutan appointed to Satyam board
Members to meet in Hyderabad today; ensuring continuity an immediate focus. New Delhi/Mumbai, Jan. 11 Mr Deepak Parekh, Mr Kiran Karnik, and Mr C. Achutan have been mandated by the Government to shoulder the uphill task of crisis management at ...
Satyam CFO remanded to judicial custody
Satyam welcomes setting up of new board. Hyderabad, Jan. 11 The Chief Financial Officer of Satyam Computer, Mr Vadlamani Srinivas, was on Wednesday remanded to judicial custody till January 23 and sent to the Chanchalguda ...
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Gold, oil and Sensex: Has the relationship gone awry?
Stock market corrections have not acted as a material trigger to gold prices. After moving on predictable lines for several years, gold, oil and stocks have seen their three-way relationship go awry in the recent ...
New York and Hyderabad, a tale of two cities
‘Satyam saga can impact how Indian companies are viewed abroad’. Chennai, Jan. 11 Prof C.K. Prahalad thinks a comparison between two cities, New York and Hyderabad, may be apt in the context of the fraud unearthed at Satyam Computer ...
‘Satyam saga may have wider impact’
A rude shock that can change the way Indian companies are viewed, says C.K. Prahalad, in an exclusive interview. Celebrated author, management guru and thinker whose views on corporate strategy are much sought after, 67-year-old Coimbatore ...
‘Employee confidence, biz continuity are the key priorities’
New Delhi, Jan. 11 Moving with urgency to steer Satyam Computer Services out of the current financial mess, the Government has appointed three marquee names on the board of the company – including former Nasscom President Mr Kiran ...
Seeds of failure usually sown in good times
On the eventful 7/1 evening I went to the only English bookshop in Cologne and browsed the books it had on corporate governance to see if they gave me any ideas for my column theme. There was just one book specifically on ...
Trailer of a larger malaise
What has happened in the case of Satyam is actually just a trailer of a larger malaise within the Indian system in all walks of life which has come into existence, more prominently during the last decade or so, rues Prof ...
Six cities account for 46% of bank deposits
Consolidation of business at fewer branches. New Delhi, Jan. 11 Banking operations are getting more and more concentrated within fewer and fewer ...
Yellow metal likely to witness volatile trend
Crude may rise; base metals to slide. Mumbai, Jan. 11The big question facing every commodity trader and investor around the world is whether the surprise rallies that greeted the New Year would sustain. But the flow of economic data strongly ...
Comex gold futures may rise higher
Gold futures, ended higher Friday on expectations that the dollar will slide as the recession deepens, boosting the appeal of the precious metal as an alternative investment. US job losses last year were the most since 1945, Labour Department ...
Bumpy road ahead for Satyam share price
Scrip need not be an attractive buy despite low cost. Does a 87 per cent decline in the stock price of Satyam Computer over the last week make it an attractive buy? The answer, if you are a long-term investor, is for the moment a resounding ...
AP Govt studying Maytas’ capability to execute projects
Projects include Hyderabad Metro, Machilipatnam port. Hyderabad, Jan. 11 The Andhra Pradesh Government has initiated a process to assess Maytas Infra capability to execute nearly Rs 30,000-crore worth projects in ...
La Nina rears head, may hit winter rains in North
Thiruvananthapuram, Jan. 11 Leading climate models have seemingly reached a consensus that late-in-the-season La Nina conditions have developed over the equatorial ...
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