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Satyam Computer: receivables should be considered for further action


BUSINESS
Infosys posts 33% rise in net at Rs. 1,641 cr.
Hopes to see a revenue growth of 21-25.5 per cent (year-on-year) in the last quarter of current fiscal

FDI in airlines may be allowed


T. R. Prasad quits GMR Infra board
HYDERABAD: Former Cabinet Secretary T. R. Prasad, who was on the Satyam Computers’ board till it was scrapped, resigned as an independent director in GMR Infrastructure. Though GMR Infrastructure is a Bangalore-based company, the ...

TCS bags WB projects handled by Satyam
WASHINGTON: In an unusually delayed disclosure, the World Bank said it had awarded Tata Consultancy Services a chunk of the projects that were earlier given to Satyam Computer. The Bank had barred Satyam from doing business with it for ...

Mahindra launches Xylo
NASHIK: Mahindra & Mahindra (M&M) on Tuesday unveiled the much awaited Mahindra Xylo at its plant here. The multi-purpose vehicle, priced at Rs. 6.25 lakh (ex-showroom Delhi) for its base model E2, will be available in eight ...

Tea exports set to cross 205 million kg in 2008
KOLKATA: Beating the global recession blues, tea exports are estimated to cross 200 million kg in 2008, registering a sizable increase over that of 2007 when it had dropped by 37 million kg over the 2006 level of 216 million kg. Adding ...

Assocham backs Wipro
NEW DELHI: India Inc on Tuesday stood by Wipro and described as improper the World Bank decision debarring the software major from doing business with it. Associated Chambers of Commerce and Industry of India (Assocham) Secretary ...

Further drop in Sensex
Better Infosys earnings fail to improve sentiment

World Bank decisions do not deter overseas investors
KOLKATA: The Infosys episode last week and the Wipro revelation on Monday, does not seem to be portraying a negative image about the country to overseas companies or institutions, which are still keen on forging linkages with the ...

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