InfoAnda - India's Satyam shares up as new CEO named

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Shuttle Endeavour (STS-127) Set For Saturday Liftoff | 10 June 2009
North Korea's Kim pledges to remove nuclear weapons | | 9 February 2010
Thai court to rule on seizing Thaksin's fortune | 25 February 2010

Crew under pressure to land Kaczynski plane: Russia | | 12 January 2011

">Forum Views () ">Forum Replies ()

Read more with google mobile : India's Satyam shares up as new CEO named

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: India's Satyam shares up as new CEO named AFP - Saturday, February 7 MUMBAI (AFP) - - Shares of fraud-hit IT giant Satyam Computer climbed Friday, a day after it announced a new chief executive and said it had lined up funds to help tide it over a cash crunch. The company jumped as high as 6.81 percent or 3.15 rupees to an intraday day peak of 49.4 rupees following the appointment of company veteran A.S. Murty as chief executive officer. The rise came despite news Friday that Murty had sold Satyam shares in the weeks leading up to the dramatic confession in January by founder and former chief executive B. Ramalinga Raju that he had fiddled the financial books. A company spokeswoman denied Murty had committed any wrongdoing or had been aware of the billion-dollar fraud. She said Murty sold shares "in his personal capacity" and that "no irregularities" had been found in connection with the fraud that shook corporate India. Murty sold 40,000 shares worth nine million rupees (185,000 dollars) in December. Satyam shares retraced on profit-taking to close up 2.49 percent or 1.15 rupees at 47.4. The announcement of Murty's appointment came Thursday after a two-day meeting of the government-appointed board in the southern city of Hyderabad where Satyam Computer Services is based. Murty is filling the hole created on January 7 when Raju admitted he had falsified a company bank balance of one billion dollars and inflated profits. Murty has occupied various posts with India's fourth-largest software exporter, including overseeing global delivery. The company board also said it had received "bank sanctions for a total sum of six billion rupees as a planned fund infusion towards working capital requirements." "This funding, along with healthy collections (from clients), is expected to help the company tide over its financial challenges," the board said. "News of the new chief and funding details are positive," said Hitesh Agrawal, head of research with Angel Broking. "This is exactly the positive news" that the stock needs, he said. Raju is being held on accusations of cheating, forgery and breach of trust. Agrawal said Murty's appointment was a good development as he was a long-serving company employee who would be aware of global clients' needs and Satyam's internal operations. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy Russian steel shares soar on China demand hopesReuters - 2 hours 2 minutes ago Stock futures jump after grim jobs dataReuters - 2 hours 15 minutes ago US STOCKS SNAPSHOT-Futures jump after grim jobs dataReuters - 2 hours 17 minutes ago Oil falls below $40 as economy weighsReuters - 2 hours 57 minutes ago Related Articles: Business Zurich Cantonal Bank palladium ETF rises 6,365 ozReuters - 35 minutes ago Gazprom says Ukraine pays Jan gas bill in fullReuters - 37 minutes ago Biogen's 4Q profit grows as Icahn makes power playAP - 37 minutes ago OYO Geospace posts Q1 results below Street viewReuters - 39 minutes ago Russia Rosneft signs Kyoto deal to harness flared gasReuters - 42 minutes ago Enlarge Photo India's Satyam shares up as new CEO named Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Bus-sized boa slithers into record books 'Horrifying' year for SAS ends with losses, layoffs US economy bleeds private jobs, payrolls slashed: reports Deutsche Bank posts first loss since WWII, rejects state aid Madoff fraud hit up to 3 mln victims: law firm View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Friday, 6 February 2009
British minister defends Guantanamo case secrecy | International |
U.N. Bhutto inquiry to have limited mandate | International |
Cuba urged at U.N. to release political prisoners | International |
Nazi-hunters cast doubt over Heim death reports | International |
Canada top court will not hear U.S. refugee case | International |
Colombian rebels free hostage lawmaker: Red Cross | International |
Netflix says 1 million Xbox members use movie service | Technology |
Einstein, in robot form, smiles when you do | Technology |
U.S. networks to keep TV in analog amid DTV delay | Technology |
Watchdog Says Treasury Overpaid For Bank Stocks
Continental Sued Over Flight 1404 Crash In Denver
Vermont Racks Up $14M Revenue Deficit For January As Economy Continues To Weaken
Minnesota Supreme Court Hears Al Franken's Petition To Be Seated In Senate
Delayed MBTA Trains Turn Off Commuters
Repairs Needed To Aging Savage River Dam To Provide Flood Control, Protect D.C. Area Water Supplies
Republicans Resume Efforts To Remove Rangel As Chair Of Tax-Writing Committee
California Counties Threaten To Withhold Money From State
Unemployment Up In 98 Percent Of Metro Areas
Century Aluminum Closing Ravenswood, W.VA Plant, Laying Off 651
Judge denies bid to halt actors, studio labor talks | Entertainment |
Reckless bank is villain at Berlin film festival | Entertainment |
Just a Minute With: music producer Danger Mouse | Entertainment |
Jolie urges Thailand to welcome Muslim refugees | Entertainment |
Netflix says 1 million Xbox members use movie service | Entertainment |
Isabelle Adjani sheds glamour for classroom drama | Entertainment |
Ontario Considers Betting Ban Among Lottery Retailers, Family
Council Of Europe Asks Czech Republic To Stop Surgical Castration Of Convicted Sex Offenders
Somali Pirates Release Ukrainian Vessel After Ransom Payment
Iraq's Maliki beats religious parties in vote | International |
Israel: Militants launch rocket, violating truce
Kyrgyzstan says U.S. air base decision is final | International |
Polls show gap narrowing between Netanyahu, Livni
Gaza rocket lands in Israel, no casualties | International |
Hamas official stopped with Gaza millions
Ex-Girlfriend's $50 Million Lawsuit Against Rapper 50 Cent Dismissed
French 'rogue trader' blames bosses
North Korea eyes disputed sea border for missiles: reports | International |
Allies of Iraqi PM triumph in elections
England's cricketers Flintoff, Pietersen join IPL at record prices
Hundreds more flee as Sri Lanka war races to end | International |
US environmentalists hail halt of land lease for gas drilling
Iraq PM's list ahead in Shiite provinces
Judge drops charges in USS Cole bombing case | International |
Red boosts attention, blue creativity
Russia to start Iran nuclear plant by year end
Supreme Court Justice Ginsburg has cancer surgery
U.S. needs clear mission in Afghanistan: Obama | International |
Swiss Re turns to Warren Buffett, shares plummet
Colombia's FARC rebels free hostage lawmaker | International |
ECB keeps key interest rate at 2.0 pct, door open for March cut
Spain issues Cuba's first grandchildren passport | International |
Swiss Re turns to Warren Buffett for help
Weekly US jobless claims hit new 26-year high
Fires follow floods as wild weather hits Australia
Council moves to bar commercial fishing in Arctic
Obama says U.S. needs clear mission in Afghanistan
Chinese envoy urges US help on climate change
Obama rejects 'petty politics' of stimulus foes
Clinton to discuss markets turmoil on Asia trip
U.S. Senate to resume stimulus debate on Friday
Playing violent video games has risks: study | Technology |
Charges Against USS Cole Bombing Suspect Dropped, Gitmo Trials End
US to give $16 million in drug aid to Guatemala
Einstein robot smiles when you do | Technology |
Bill Gates Dares Conference Audience To Join Anti-Malaria Drive By Unleashing Mosquitoes
US military deaths in Iraq war at 4,237
Study: Breathing Disorders Hound Ground Zero Responders
NEC to withdraw from PC business in Europe: Nikkei | Technology |
US Senate slogs towards stimulus vote
Iowa TV Stations Switching To Digital Broadcast On Feb. 17
NEC to withdraw from PC business in Europe: Nikkei
Congressman aids American in Brazil custody fight
Oil remains near $40 on mixed news
Doctors Remove Small Tumor In U.S. Supreme Court Justice's Pancreas
Playing violent video games has risks: study
Sun-Times Media Group CEO Resigns Amid Slumping Revenue
French foreign minister urges Gaza border open
News. Corp cuts jobs after huge quarterly loss
New Claims For Unemployment Benefits Rise More Than Expected
Wall Street Rallies On Stimulus Hope, Bank Bailout Plan
CIA nominee vows no renditions for torture
Oil hovers above $40 with stimulus package pending
Young Finns demonstrate against law on data retention
Japan's Softbank reports sharp fall in profits
Japan police to bring libel charges over blog posts
Lenovo returns to Chinese management after 3Q loss
Apple co-founder Wozniak joins computer start-up
Young Finns demonstrate against law on data retention
Netflix says 1 million Xbox members use movie service
Some Oscar races still too close to call | Entertainment |
Music industry singing the blues at Grammys | Entertainment |
Jennifer Aniston vs. Steve Martin at box office | Entertainment |
China police take away citizens airing grievances
Murdoch warns full downturn yet to hit Australia
China's rural teachers join rumble of unrest
Stars sign on for Sex and the City sequel | Entertainment |
Swarm Of Mosquitoes From Bill Gates Greet TED 2009 Crowd
FedEx closes hub in Philippines
Eastern Iowa TV Stations To Broadcast In Digital, Switch Off Analog Signal On Feb. 17
Ferrell sends off President Bush with send-up | Entertainment |
HK sanctuary closed after bird dies of avian flu
Miley Cyrus goofy face photo taken out of context | Entertainment |
Sri Lanka smash more Tiger bases
Judge denies bid to halt Hollywood contract talks | Entertainment |
Pakistan blast toll at Shiite mosque rises to 33
Judge rejects legal bid in Hollywood actors feud
Just a Minute With: music producer Danger Mouse | Entertainment |
China pledges more assistance to Africa
Hollywood bank thriller opens Berlin fest
China's Hu to talk energy on visit to Saudi Arabia
Grammy-nominated Mali musician gets Obama boost | Entertainment |
More rain forecast for Australia's wet north
Grammy's top prize brings sales windfall | Entertainment |
Toyota sinks into quarterly loss
Atheists welcome in Obama's big church
Japan's Elpida says best to have four-way partnership
Composer Rahman has no regrets about 'Slumdog'
Seoul shares end higher led by steel, techs
Bon Jovi returns to New Orleans for 2009 Jazz Fest
South Korea needs extra budget -fin min designate
US-ENTERTAINMENT Summary
Moody's lowers rating on Toyota
Ferrell sends off President Bush with send-up
Court gives ailing SKorea carmaker room to manoeuvre
Review: Martin's `Panther 2' a declawed comedy
SKorean court accepts Ssangyong Motor application
Aniston, Bateman to star in "Baster"
S.Korea FX funding conditions difficult -regulator
Australia and Indonesia building bridges through sport
Will Ferrell relives 8 years of George W. Bush
Japan Airlines posts loss for fiscal third quarter
Jennifer Aniston vs. Steve Martin at box office
CHRONOLOGY-South Korea tackles financial, economic crisis
Zellweger parades around as Hasty Pudding honoree
Bill Gates Pulls Stunt At Conference, Releases Mosquitoes
Ontario Court Rules Business Decline A Factor In Determining Divorce Payments
UN chief, Maliki discuss lifting Iraq sanctions
German output sheds 4.6% in December: ministry
Office Of Anna Nicole Smith's Doctor Raided By DEA
Visiting UN chief praises Iraqi progress
Far-right rise crimps Netanyahu before Israel vote | International |
Coldplay Won't Be Served With Copyright Lawsuit At The Grammys
Toyota warns of 4.9 bln dollar annual loss
Election could help eject al Qaeda from Iraq
Disappointed Russian Spectator Files Lawsuit Against Kylie Minouge's Show Organizers
EU Commission in Russia to mend frayed ties
Russia and allies to create joint air defence: report | International |
Somali pirates agree to free Egyptian ship
Disappointed Russian Spectator Files Lawsuit Against Kylie Minouge's Show Organizers
U.N. chief, in Iraq, hails peaceful local vote | International |
Afghans dispute men killed in U.S. raid were Taliban | International |
Olympian Michael Phelps Suspended By USA Swimming, Dropped By Kellogg's
Paris Hilton's Brother, Barron, Sued For Hitting A Gas Attendant Last Year
Pakistani forces kill 52 militants | International |
Study: Climate change may reshuffle western weeds
Jurists urge U.S. to drop Guantanamo case secrecy | International |
Report: US, China must cooperate on climate change
U.N. says 30,000 displaced by South Darfur fighting | International |
Fires to follow floods as wild weather hits Australia
Kyrgyzstan not in talks with US on airbase: top official
Analysis: Moscow uses base as tool in negotiation
US withdraws charges against USS Cole suspect
Sharp Q3 in red, sees first ever annual loss | Technology |
Analysis: Few details on US North Korea policy
Senate Vote On $1 Trillion Stimulus Expected Friday
Federal Judge Rules Manufacturers, Retailers Can't Sell Children's Items With Phthalates
As More States Exhaust Money In Jobless Funds, Fewer Employers Hiring; Job Openings At Lowest Rate On Record
Panel Vote On Labor Secretary-Designee Hilda Solis Postponed After Tax Issues Surface
Female Workers May Exceed Males In The U.S. Due To Recession
Russia faces 'systemic threat' from extremism: Medvedev
President To Announce Special Economic Recovery Panel Friday
Army Alarmed Over High January Suicide Rate
Recordings Of 'Miraculous' Hudson Plane Crash Released
Feb 5 Highlights Of Low Points In The U.S. Economy
Pakistan army 'kills 52 militants' in Khyber
Some Oscar races still too close to call | Entertainment |
Red Cross staff's kidnappers demand troop pullout
Danish film tackles Iraq war, economic migrants | Entertainment |
Afghans dispute 6 killed in US raid were militants
Pakistan court declares nuclear scientist free man
Slapstick reigns, laughs few in Pink Panther 2 | Entertainment |
Pakistan court says nuke scientist is free citizen
Protesters', whalers' ships collide in Antarctic
Pakistani stocks up over 1 pct; rupee flat
Pakistani court declares nuclear scientist free
India's Satyam shares up as new CEO named
Philippines may resend workers to Iraq, Nigeria
Study: Regular Exercise Can Reduce Breast Cancer Risk, Especially In Older Women
Toyota warns of big annual loss
Report: US, China must cooperate on climate change
Danish film tackles Iraq war, economic migrants
SKorea to introduce stimulus budget: incoming finance chief
Black Eyed Peas launch Grammy weekend with benefit
European mavericks vie at Berlin film fest
Mitsubishi UFJ posts nine-month loss
Japan's Sharp expects first loss, cuts jobs
Judge rejects move to reinstate SAG leader
Dogs gather for US canine crown contest
China shares rise, ending week 10 percent higher
Val Kilmer ponders run for N.M. governor in 2010
China to begin work on Shanghai-Hangzhou rail link
Slapstick reigns, laughs few in "Pink Panther 2"
Mitsubishi UFJ reports net loss for 9 months
Ski racers a country mile removed from tourists
Toyota sees first annual net loss since 1950
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01