LIVE MARKET TRACKER :   BSE SENSEX   29182.95      |    NSE NIFTY 8808.90    
GLOBAL MARKETS :  NASDAQ 4635.24   -1.03%    |    FSI London 6749.40   -0.90%    |    NIKKEI Japan 17674.391   +0.39%
  USD GBP EUR CAD AUD INR
USD - 0.664 0.8867 1.2732 1.2889 62.169
GBP 1.5072 - 1.3364 1.919 1.9426 93.7011
EUR 1.1292 0.7498 - 1.4377 1.4554 70.2012
CAD 0.7857 0.5217 0.6967 - 1.0127 48.8481
AUD 0.7774 0.5162 0.6893 0.9898 - 48.3289
INR 0.0161 0.0107 0.0143 0.0205 0.0208 -
Indian-Commodity  :  Corporate  :  Mahindra Satyam receives notice from PMLA for money laundering

Mahindra Satyam receives notice from PMLA for money laundering (21-Nov-2012)

Mahindra Satyam has received notice from Adjudicating Authority under the Prevention of Money Laundering Act (PMLA) regarding an alleged money-laundering case involving its previous management. On October 18, Enforcement Directorate (ED) has issued a provisional attachment order of the company's fixed deposits (FDs) worth Rs 822 crore in a money laundering case related to the previous management. The company has to give evidence and information related to the FDs attached under the PMLA, based on a complaint filed by the ED.

The company has reported 8.69% rise in its net profit at Rs 251.76 crore for the quarter ended September 30, 2012 as compared to Rs 231.63 crore for the same quarter in the previous year. Total income of the company has increased by 12.92% at Rs 1785.78 crore for quarter under review as compared to Rs 1581.45 crore for the quarter ended September 30, 2011.


Top News Today
Bharti Airtel, Tata Motors and Adani Enterprises to see some action today
(30-Jan-2015)

Bharti Airtel, Tata Motors and Adani Enterprises to see some action todayBharti Airtel in partnership with Cisco has launched managed Room Telepresence service as part of its enterprise services. Enterprises in the country especially the small and mid-sized organizations will......click on news to read complete article.

Government working to make India's services sector more competitive
(28-Jan-2015)

Government working to make IndiaThe government is working to make India's services sector more competitive and is planning to bring in reform measures in areas like legal and healthcare and will soon finalise a Cabinet note on that.......click on news to read complete article.

ONGC, Wipro, NMDC and L&T to see some action today
(27-Jan-2015)

ONGC, Wipro, NMDC and L&T to see some action todayOil and Natural Gas Corporation (ONGC) is in the process of investing Rs 22,500 crore in redevelopment projects, to add capacity of 16.7 million tonnes of oil and 56 billion cubic metres of gas. The first......click on news to read complete article.

International Stock News
US markets closed lower on disappointing data
(31-Jan-2015)

US markets closed lower on disappointing dataThe US markets closed lower on Friday, as investors grappled with downbeat gross domestic product data, less-than-stellar earnings that overshadowed a bounce in crude-oil futures. On the economic front,......click on news to read complete article.

US markets gain on encouraging jobless data claims
(30-Jan-2015)

US markets gain on encouraging jobless data claimsThe US markets closed higher on Thursday, with solid broad-based gains as market reacted to a stronger-than-expected jobless claims figure. On the economy front, the number of people who sought new US......click on news to read complete article.

US markets slip on Fed's latest policy statement
(29-Jan-2015)

US markets slip on FedThe US markets closed choppy trading session sharply lower on Wednesday, after the Federal Reserve's policy-making committee reiterated it plans to remain patient and watch the data as it decides when......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.