Raju inflated cash, bank balance Rs 5040cr; Satyam plunges - Moneycontrol.com | Sensex gives away gains; realty banks down - Economic Times | GAIL India cuts natural gas sales after strike - Reuters India | Satyam shares fall over 30 pct on chairman comments - Reuters India | Indian bond yields at 1-mth high on debt plans - Reuters India | Pravasi Bharatiya Divas to begin in Chennai today - Economic Times | CII expresses shock over Ramalinga Raju's resignation - Economic Times | Turkish gas to Greece below contract level-source - Reuters India

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Raju inflated cash, bank balance Rs 5040cr; Satyam plunges - Moneycontrol.com

MSN India

Moneycontrol.com - Satyam Computer Service had touched an intraday high of Rs 188.70 and an intraday low of Rs 128.65. At 11:27 am, the share was quoting at Rs 133.00, down Rs 45.95, or 25.68%. - - -

Sensex gives away gains; realty banks down - Economic Times

Business Standard

Economic Times - MUMBAI: Indion equity markets could not sustain early morning gains as traders resorted to profit booking in realty and banking stocks while metals shed gains. - - -

GAIL India cuts natural gas sales after strike - Reuters India

The Week

Reuters India - NEW DELHI (Reuters) - Natural gas transmission firm GAIL India Ltd has stopped the sale of 47 million cubic metres a day as a strike by officials of state-run oil firms has hit supplies, a company spokesman said on Wednesday. - - -

Satyam shares fall over 30 pct on chairman comments - Reuters India

Reuters

Reuters India - MUMBAI (Reuters) - Shares in Satyam Computer reversed gains to fall more than 30 percent after the chairman of the embattled Indian outsourcer resigned and said numbers in its September balance sheet were misstated. - - -

Indian bond yields at 1-mth high on debt plans - Reuters India

Rediff

- MUMBAI, Jan 7 (Reuters) - Indian federal bond yields spiked to near one-month highs on Wednesday after the government unexpectedly announced a hefty $10 billion additional borrowing plan. - - -

Pravasi Bharatiya Divas to begin in Chennai today - Economic Times

Sify	Economic Times - President Prathibha Patil will deliver the valedictory address on January 9. She would also confer the Pravasi Bharatiya Samman awards for 2009. - - -

Satyam fraud cripples Sensex of winning streak - Economic Times

BBC News

- MUMBAI: The Indian stock market was robbed of its stimulus Wednesday after one of the biggest corporate frauds came to light. In a shocking revelation, Satyam Computer Services Ltd’s promoter and chairman, B Ramalinga Raju admitted to a fraud to the ... - - -

Ukraine sets gas offer but wants no middleman - Reuters

Washington Post

Reuters - By Pavel Polityuk KIEV (Reuters) - Ukraine will insist on a price of $201 per 1000 cubic meters of Russian gas for 2009, less than half Russia's proposal, and wants to scrap a controversial gas intermediary, the state energy company's head said on ... - - -

Strike hits some refineries, natgas supply - Reuters India

Sify	Reuters India - By Nidhi Verma NEW DELHI (Reuters) - Officials at state-run oil firms began a strike on Wednesday demanding higher wages, hitting operations at four refineries and cutting gas supplies, although officials said fuel stocks were adequate for now. - - -

Exporters offer grim outlook - Calcutta Telegraph

Thanh Nien Daily

Calcutta Telegraph - New Delhi, Jan. 6: Exporters today said the government’s recent sops might not stem the rot. Already, exports fell 12.1 per cent and 9.9 per cent in October and November, respectively, while initial estimates for December are of a decline by 1.6 per ... - - -

Indian cash rates end nearly flat on ample funds - Reuters India

Rediff

India - MUMBAI, Jan 7 () - Indian overnight call rates ended nearly flat on Wednesday as demand was lower as most banks had adequate funds to meet reserve requirements, dealers said. - - -

Registrar of Cos to submit a report by Jan 14 on Satyam - Economic Times

Zee News

Economic Times - NEW DELHI: Corporate Affairs Ministry has given Registrar of Companies a dead line of 14th, January for submitting a report on the statement sent by Ramlinga Raju. - -

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