India Investing

NEW YORK: Maytas Infra Ltd, which Satyam Computer Services Ltd sought to buy a month before touching off India's biggest corporate-fraud inquiry, said it doesn't belong in US investor lawsuits agai...  

Kolkata: India has appealed to the U.S. Securities Exchange Commission (SEC) not to slap a penalty on the erstwhile Satyam Computer Services, which was in the dock after discovery of a multi-crore accounting fraud. "Any penalties levied on Satyam ...  

The trial of B. Ramalinga Raju, the outsourcing tycoon at the centre of India’s largest corporate fraud, will probably begin within a month as the scale of his alleged crimes was revised upwards by investigators.  

Fraud-hit Satyam has agreed to pay 70 million dollars to British payment services firm Upaid, settling one of several lawsuits against the Indian outsourcing company.The out-of-court settlement is far less than the more than one billion dollars Upaid was seeking in damages for alleged forgery, fraud and breach of contract.The settlement, announced late Wednesday, ends uncertainty over one of the lawsuits filed against Satyam, which was shaken...  

Indian federal investigators on Tuesday filed new charges against the founder of scandal-hit outsourcing giant Satyam in the nation's biggest case of corporate fraud, an official said.The company's founder and former chairman B. Ramalinga Raju stunned India's financial world in January when he declared he had overstated profits for years and inflated the company's balance sheet by over one billion dollars.  

... company's former chairman B Ramalinga Raju and nine others. India's Central Bureau of Investigation (CBI) said the alleged accounting fraud at the former Satyam Computer Services ... by Tech Mahindra in April and renamed Mahindra Satyam.  

RediffSatyam: Media Reports on Fraud Don't Reflect Financial PositionWall Street JournalBANGALORE -- India's Satyam Computer Services Ltd. said recent media reports on the magnitude of the accounting fraud ...Raju pressured Satyam boardBusiness StandardInternal auditor faces charges in Satyam scandalAccountancy AgeAdditional fraud at Satyam discoveredWTN NewsWall Street Journal -Wall Street Journalall 43 news articles »  

Washington PostStocks Fluctuate as Commodities Companies Gain; Automakers Fall on DollarBloomberg26 (Bloomberg) -- Japanese commodity-linked stocks gained after prices for oil and metals rose, while automakers fell as the dollar traded near a 14-year ...Japan Stocks Edge Higher; Realty Stocks Down123Jump.comJapan Stocks Fluctuate as Carmakers Fall, Commodity Shares GainBloombergMost Asian Stocks Rise, Led by Commodity Shares on Oil...  

BBC NewsIndia report pushes gold to new highAsiaOneA REPORT that India may buy more gold from the International Monetary Fund (IMF) thrust the prices of the metal to a new high yesterday. ...Gold Sets Record as Dollar Drops, IMF May Sell More to IndiaBloombergUS gold hits record on dollar drop, India reportReutersIndia Drives Gold HigherTheStreet.comWall Street Journal -BusinessWeek -Wall Street Pit (blog)all 958 news articles »  

Washington PostObama's state dinner shows heightened profile of Indian AmericansLos Angeles TimesReporting from Washington - President Obama's glittering state dinner for the prime minister of India was a platform to lavish attention on ...Uninvited Guests Make It Into State DinnerNew York TimesGranholm's pants at state dinner create stirThe Detroit NewsObama-India state dinner: A big tent, a 'Dreamgirl' and 'Jai Ho!'USA TodayABC News -TheWrap...  

BBC NewsSingh: India Will Not Let Hatched in Pakistan Mumbai Terror Attacks Happen AgainVoice of America"India's commitment to an open democratic and secular polity will not be shaken by such assaults on our way of life." Indian Prime Minister Manmohan Singh ...India's PM Singh says assured by us on PakistanReutersCanada and India Resume Nuclear Energy TradeNew York TimesZakaria: India was reassured by ObamaCNNThe Associated Press -AFP -ABC...  

ONGC, Essar Oil, IDBI Bank, Infosys, ITC: India Equity PreviewBloombergThe Bombay Stock Exchange's Sensitive Index, or Sensex, gained 67.87, or 0.4 percent, to 17198.95. The S&P CNX Nifty Index on the National Stock Exchange ...Infosys hits all-time high as Sensex reboundsEconomic TimesBharti, Tata Communications: India Equity Preview (Correct)Bloombergall 20 news articles »  

RediffBSE Sensex seen volatile on derivatives expiryReuters IndiaThe Nifty India stock futures in Singapore were down 0.6 percent. On Wednesday, the 30-share BSE index rose 0.4 percent to 17198.95, its highest close since ...Nifty closes near 5100 ahead of expiryEconomic TimesNifty closes with modest gain ahead of expiry; BPCL up 6.9%Moneycontrol.comSensex up over 150 pts @ 13:35 hrsSifyNDTV.com -Business Standard -Economic Timesall 187 news...  

BBC SportLifeless pitches are bringing slow death to Test cricket in IndiaTimes OnlineIn a recent poll, 7 per cent of India supporters said that Test cricket was their game of choice. Watching the tedious fare on offer between India and Sri ...Sri Lanka spinner Herath runs through India's lower order in cricket TestThe Canadian PressDravid crosses Border as India pile on runsHindustan Times'India has a distinct advantage'HinduReuters South...  

MiamiHerald.comUS stocks end up; materials front riseMarketWatchNEW YORK (marketwatch) -- US stocks finished higher on Wednesday, with materials and consumer discretionary shares fronting the gains, after a drop in ...US STOCKS SNAPSHOT-Wall St gains on recovery bets, weak dollarReutersStocks Gain on Recovery OptimismBusinessWeekUS Stocks Head To Turkey Day With Slight GainsAHNall 1,546 news articles »