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Satyam appoints new CEO, gets funding approval

THE NEW board of fraud-scarred Satyam Computer Services yesterday  appointed A S Murty as chief executive, and said it had bank approval for funding...

Areva wins India nuclear deal worth at least £7bn

FRANCE'S Areva claimed a first victory in the race to grab a share of India's lucrative nuclear market with the signing of a multi-billion...

Boeing eyes jump in India defence deals

US AIRCRAFT manufacturer Boeing Co is looking to bid for defence projects worth up to $31bn (£21bn) over the next 10 years in India,...

Asian businessman to chair minority business taskforce

ASIAN entrepreneur and Dragons' Den judge James Caan has been recruited by Business Secretary Lord Peter Mandelson to co-chair the Ethnic Minority Business Taskforce....

For CEOs, thirst for perks may be in their DNA

WHY DO CEOs need extravagant perks even when they are firing staff and pleading for taxpayer bailouts? It may just be in their makeup,...

UK retail major Argos to pull out of India

CATALOGUE retail major Argos is winding up its two-year trial operations, including five stores in Mumbai and a telephone and internet ordering service, in...

Corus announces 2,500 job cuts

CORUS, Europe's second-largest steelmaker, is expected to announce plans to axe up to 2,500 jobs in the UK as early as today, the BBC...

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