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Satyam staff display hope, sympathy in signs at HQ

MANY staff at India’s Satyam Computer Services tried to put up a brave front yesterday,  hoping things would return to normal soon and their...

Satyam executives try to reassure wary investors

TOP EXECUTIVES of Satyam Computer struggled to reassure investors, employees and clients yesterday after the chairman of the beleaguered Indian outsourcing company resigned following...

India vows to end fraud as Satyam scandal rocks

INDIA vowed to strengthen laws to prevent corporate fraud after Satyam Computer, the country's fourth-largest software company, shocked investors by revealing profits had been...

India signs $2.1bn defence deal with Boeing

INDIA has signed a $2.1bn (£1.4bn) contract with leading US aircraft manufacturer Boeing Co for naval patrol aircraft as part of an overhaul of...

Luxury brands still a tough sell in wealthier India

ON A RECENT evening at Mumbai's luxury Taj Mahal Hotel, shoppers tried on sequined sandals and handmade moccasins at Joy Shoes, an Indian family...

Tata group may need to invest $1bn in Jaguar

THE TATA group may have to pump in at least $1bn (£670m) to revive premium brands Jaguar Land Rover that was bought by Tata...

Bank of Baroda expands in 2009

BANKS worldwide are feeling the effects of the financial downturn, but for one financial institution, expansion is on the cards. Bank of...

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