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Archive for January, 2009

Oil PSUs strike cripples India, petrol pumps go dry
A large number of petrol pumps across the country went dry..
About two-third of the 425 petrol pumps in the national capital did not open because of lack of stocks..
Mumbai also ran out of compressed natural gas (CNG).. but Delhi had enough CNG and piped natural gas stocks [...]

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Corporate affairs minister, PC Gupta, talks about taking strict action against Satyam and the future of Satyam’s employees and its investors
Watchout Mr PC Gupta’s speeches @ News on Video in Financial Chronicle  – Jyoti Mukul

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Andhra Pradesh chief minister Rajasekhara Reddy on Thursday said the state government has “nothing to do with” deciding the course of action on Satyam and it was up to the Centre to take a call..
Commerce and Industry Minister Kamal Nath had ruled out options for a government takeover of Satyam..
Infosys HR Head T V Mohandas [...]

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Under attack over 1.6 billion dollar acquisition fiasco of firms promoted by his family, Satyam Computer Chairman B Ramalinga Raju on Wednesday resigned..
Shares of the company also plunged by over 40 per cent soon after the resignations..
For more detail about his resignation tender checkout @ sathyam chief resigns

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Great opportunity to build long-term equity portfolio
Vikram Kotak
Chief investment officer , Birla Sun Life Insurance
Life insurance companies have invested $9.4 billion in equity markets in the first nine months of the financial year 2008-09 against FII outflow of $10.3 billion.
Chief investment officer of Birla Sun Life Insurance, Vikram Kotak, in an interview says with the [...]

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If you were to name the man who sprang the biggest surprise on India Inc in 2008, who would you pick from among those captains who regularly hit the headlines? Ratan Tata? Mukesh Ambani? Anil Ambani? Nandan Nilekani?..
Financial Chronicle’s editorial team went through a great deal of CVs and found the man who qualifies for [...]

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A Brand “New year 2009” Wishes – Financial Chronicle

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