Business
RBI should come out with norms for verifying bank a/cs: SFIO
The Serious Fraud Investigation Office in its report on the Satyam fraud has suggested that the RBI should come out with definite guidelines for banks to issue balance confirmation certificates (BCC), to help auditors verify company accounts.
Airtel signs multi-million dollar deal with Manchester United
India's top mobile company Bharti Airtel has entered into a multi-million dollar deal with Manchester United, under which its 100 million subscribers would get exclusive access to the mobile content related to one of the world's richest football clubs....Sensex up 473 points in ninth straight weekly rally
The Bombay Stock Exchange 30-share barometer extended its weekly rally to ninth straight week, gaining another 473 points but failed to sustain higher levels in the week under review....No layoff so far in Satyam, Tech M to take final call: Karnik
Satyam Board Chairman Kiran Karnik today said so far there has been no layoffs in the company but it is up to the new owners Tech Mahindra to take any such decision. "The decision (of layoffs) would lie with the new owners that is Tech Mahindra... As far as we know there have been no layoffs at Satyam...Obama's statement has nothing to do with outsourcing: Nasscom
"I think it (Obama's comments) is not an issue of India but how the US companies there and US subsidiaries are structured and the taxation followed by the US over the years," said IT industry association Nasscom's President Som Mittal. He was speaking to reporters after presenting the NASSCOM-McKinsey Report on Perspective 2020....Investor caution brings Sensex down
But it recovered later to a high of 12,272.10 from its previous close 12,131.08 in mid-afternoon on sustained buying by foreign funds. However, heavy selling in the concluding part of the day pulled it down to 11,952.75, a fall of 178.33 points or 1.47 per cent from its last close....Rupee down by 31 paise to 49.61/62 vs dollar
The Indian rupee today turned weaker by 31 paise to close at 49.61/62 against the dollar in line with negative trends in local equity markets, snapping a three-session winning streak....Anil chopper case: 2 Air Works men held; no corporate rivalry
In a major breakthrough in the Anil Ambani helicopter sabotage case, police arrested two Air Works employees for planting pebbles in the gearbox cap, saying it was an outcome of union dispute with management and not corporate rivalry....Sensex takes biggest leap of year, crosses 12,000 level
The Bombay Stock Exchange bellwether Sensex today took the biggest leap of the year to close past 12,000 level for the first time since last October as bulls went on a rampage amid a host of favourable developments....India should not set up a sovereign wealth fund: SEBI
"India's foreign exchange reserves are built on capital account inflows and hence it is subject to capital flight ... funding an SWF from capital account surplus is risky since the capital flows can reverse their direction any time," said a report prepared by officials of the Securities and Exchange Board of India (SEBI)....Log in
- Centre makes one year rural posting mandatory for post graduate medical students
- Wage board team coming to Kashmir
- Wage Board team for journalists visiting J&K ‘Discussing issues with Newspaper industry stake holders
- VHP to protest Muslim call to take back land for Amarnath board
- Haj orientation training programme in Bla
- Major Events 1988
- Wage board team coming to Kashmir
- Centre makes one year rural posting mandatory for post graduate medical students
- Forensic report confirms two Kashmiri women were raped
- CM cautions youth against vested interests
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