MUMBAI: Maytas Infra on Monday said three of its promoters, including Ramalinga Raju and Rama Raju, have pledged their entire holding of 15.14 per cent in the company to lenders. Ramalinga Raju, the former Chairman of fraud-hit Satyam Computer, has pledged his entire holding of 48.54 lakh…

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BSE Sensex: (9301) the market yet again demonstrated its sideways character frustrating both the bulls and the bears…so far the direction still not clear but mildly positive… The support for the Sensex is 9227 and the resistance to the up move is at 9400-9539 …

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NEW YORK: After weeks of internal debate, the Obama administration has settled on a plan to inject billions of dollars in fresh capital into banks and entice investors to purchase their most troubled assets, a media report said on Saturday. …

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British pharma major GlaxoSmithKline Plc is in discussions to acquire Indian generic drug maker Piramal Healthcare for “roughly $1.5 billion”, says a report in The Wall Street Journal, quoting people familiar with the matter.Ib the report published online today, the daily note…

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WASHINGTON (AP) — President Barack Obama decried as “inexcusable and irresponsible” the delay of his economic recovery legislation in Congress with an estimated 3.6 million Americans losing their jobs since the recession began. Obama’s remarks were some of his mos…

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WASHINGTON (AP) — Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent. The grim figures were further proof that the nation’s job climate is deteriorating at an alarming clip with n…

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WASHINGTON (AP) — In an uncertain reach across party lines, Senate moderates struggled for a compromise on economic stimulus legislation Thursday as the government spit out grim new jobless figures and President Barack Obama warned of more bad news ahead. With partisan tensions ris…

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Hyderabad: Even as SEBI officials are quizzing Satyam Computer founder B Ramalinga Raju and his brother Rama Raju at the Chanchalguda jail here, the Andhra Pradesh police are likely to make more arrests in the Rs 7,800 crore fraud involving the IT major. CID officials investigating the ca…

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NEW DELHI: India Inc’s capital mobilisation through initial public offering has hit rock bottom as the total amount raised via this route in 2008 aggregated to $ 4,509 million, the lowest in the last three years, says a report. Capital mobilisation through IPOs witnessed a fall both…

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HYDERABAD: In an ironic twist to the ongoing Satyam saga, a clutch of front firms promoted by the founder of Satyam Computer Services, B Ramalinga Raju, and his family, have demanded repayment of Rs 1,230 crore that they lent to the software firm. A senior police official, who is a part o…

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