Business Daily from THE HINDU group of publications
Thursday, January 08, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, January 08, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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INVESTMENTS: LIC has no plans to sell Satyam stake now To play positive role to help software co and its employees. Mumbai, Jan. 7 Domestic institutional investors in Satyam Computers Services such as LIC and ICICI Prudential Life have said that they will evaluate various options and take a ... STOCKS: SEBI team to probe into Satyam share dealings Experts say process might not lead to new discoveries. Mumbai, Jan. 7 SEBI said it has appointed an investigating authority to look into transactions in the shares of Satyam Computer Services to determine if there have been violations of SEBI ... INVESTOR PROTECTION: There is a hole in my books, dear investor We have just come to know of a gap in Satyam’s financial statements. For the first time in living memory, an iconic company in India is facing collapse because of financial reporting failure. The shocking revelations about ... FINANCIAL SERVICES: Brokerages drop Satyam coverage Mumbai, Jan. 7 Several brokerage firms have dropped coverage on Satyam Computer Services with immediate effect following the stunning disclosures related to accounting discrepancies made by Mr B. Ramalinga Raju, the Chairman of ... FINANCIAL INSTITUTIONS: Poser on Raju’s confession after share sale by IL&FS Did lenders have prior knowledge of trouble?. Mumbai, Jan. 7 The timing of Mr Ramalinga Raju’s confessional statement admitting to a Rs 7,000-crore fraud in his company has raised several eyebrows among the ... STOCKS: Satyam’s loss is others’ gain Stocks of Infosys and Wipro move up despite IT tumble. Mumbai, Jan. 7 IT stocks were hit on Wednesday as Satyam Chairman and promoter Mr Ramalinga Raju admitted to a Rs 7,000-crore fraud in the company’s balance sheet, sending the market ... FOREIGN INSTITUTIONAL INVESTORS: Aberdeen, SFC offload shares Mumbai, Jan. 7 FIIs such as Aberdeen Group and Swiss Finance Corporation sold part of their stake in Satyam ... STOCK MARKETS: Dismay and disappointment ... STOCKS: Sell pressure on cos based in Hyderabad Chennai, Jan. 7 Several Hyderabad-based companies witnessed steep fall in share prices following the startling revelations by the Chairman of Satyam ... REGULATORY BODIES & RULINGS: SEBI role faulted in Satyam crisis The performance of the regulatory agency SEBI leaves a lot to be desired and “its failure” is very evident in the Satyam affair, said Mr E.A.S. Sarma, former Energy Secretary and retired ... Columnists: • Harish Bijoor • Ramanujam Sridhar • S Ramesh Kumar • Radhika Chada Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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