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Popular Articles

Western Union diversifies, eyes e-gov, microfinance providers
Money transfer firm Western Union Financial Services plans to tie up with e-governance service providers and microfinance institutions to expand its reach in India.

BofA shareholder opposes insiders as CEO candidates
One of the shareholders of Bank of America (BofA) has opposed the firm"s idea to zero in on an insider to replace its outgoing CEO Kenneth D Lewis and has described the current management team as "tainted and not credible".

News of the day

Reading Raju's mind
On January 7, Ramalinga Raju confessed to his monumental fraud. He had, Raju said in a letter to the stock exchanges, cooked Satyam’s books for seven long years — revenue, profit, bank balance et al. Raju was soon arrested and put in the Chanchalguda prison. The Union government swung into action. A board was appointed to manage the affairs of the company. In a matter of months, Satyam was sold to Tech Mahindra.
Corporate

PM steers clear of controversy over Nobel to Obama

Prime Minister Manmohan Singh today steered clear of the controversy over awarding Nobel peace prize to US President Barack Obama. It was up to the award committee to decide on it, Singh told reporters when asked whether he thought the US President was the apt choice for the prestigious award.


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