PUBLIC EQUITY
Infoedge Q3 Results : Sees Slowdown In Growth, Net Sales Down 10%
January 24, 2009 | Ruchika Sharma
Sanjeev Bhikchandani, CEO, Info edge, admitted that it was a difficult quarter with a slower growth in topline.
SEBI Makes Disclosure Of Pledged Shares By Promoters Mandatory
January 23, 2009 | Ruchika Sharma
Promoters of listed firms often pledge their equity shares without disclosing, to raise personal loans.
Satyam Appoints Internal Auditor, Legal Advisors; CEO & CFO Search On
January 19, 2009 | TEAM VCC
The board said until they find a new CEO and CFO for Satyam, they would continue to meet every week.
Satyam Board Meets Saturday, New Funding Plans Key
January 17, 2009 | Reuters
The company has rejected talk of a state rescue bid.
Lazard, Swiss Finance Corp Dump Shares Of Satyam
January 17, 2009 | Madhav A Chanchani
Lazard sold more than 11 million shares on the BSE for Rs 21.71 and 24.4 million shares on the NSE at Rs 21.74.
Govt Appoints Tarun Das, Two Others, On The Board Of Satyam
January 16, 2009 | TEAM VCC
New members include Tarun Das, chief mentor of CII, T.N. Manoharan, a formerly of ICAI and S. Balakrishnan of LIC.
Infosys Eyes Acquisitions in Consultancy and ERP Space
January 15, 2009 | Shrija Agrawal
Consulting business usually attract 30%-40% higher billing rates than bread-and-butter back office application.
Satyam Rub Off: Rolta, Hirco & Siemens Feel The Heat
January 15, 2009 | Pallavi S
Cos whose promoters have pledged shares to financial institutions are seeing hectic activity on the exchanges.
Fraud-Hit Satyam Names New Auditors
January 15, 2009 | Reuters
The newly appointed auditors will be asked to restate the accounts of Satyam.
Price Waterhouse Cooperating With Agencies On Satyam
January 14, 2009 | Reuters
The audit firm also denied that there were any raids in its Hyderabad office.
Another Pyramid Saimira Promoter Dilutes Stake Via Off-Market Deal
January 13, 2009 | Pallavi S
P S Saminathan's holding is down to 17.98% from 24.45%(on Dec 5).
New Satyam Board Meets Press: New Auditors To Be Appointed Soon
January 13, 2009 | TEAM VCC
The new board of Satyam held its first meeting today. They said the immediate priority is to restore confidence.
World Bank Names Wipro, Satyam Among Blacklisted Indian IT Firms
January 13, 2009 | TEAM VCC
The World Bank has debarred IT companies for "improper benefits to bank staff" in order to win contracts.
Govt Appoints Deepak Parekh, Kiran Karnik, C Achuthan On Satyam Board
January 12, 2009 | TEAM VCC
The board is expected to meet unofficially Sunday night. First board meeting will be on Monday morning.
Rajus Under Custody Till January 23
January 11, 2009 | Reuters
Hyderabad police has also arrested the company's chief financial officer, Vadlamani Srinivas.
Largest Shareholder Lazard Stakes Claim To A Board Position In Satyam
January 11, 2009 | Reuters
The government is working on forming a new Satyam board, according to minister P C Gupta.
Religare Enterprises To Bid For IDBI Home Finance
January 10, 2009 | TEAM VCC
IDBI Bank hopes to raise Rs 170-200 crore from the sale of its home finance unit, reports suggest.
Opinion: Getting Big Names As Independent Directors Is Not Enough
January 10, 2009 | Praveen Chakravarty
Satyam episode begs a question - who polices the Palepus and the Dhams of Corporate India?
Raju Brothers Arrested; IPC Sec 420, 468, 409 Slapped On Them
January 10, 2009 | TEAM VCC
Satyam founder surrendered before Andhra Pradesh Director General of Police in Hyderabad on late Friday.
Govt Sacks Satyam Board; To Appoint 10 Nominee Directors
January 10, 2009 | Reuters
The government has barred the existing Satyam board from meeting on Saturday.
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