LIVE MARKET TRACKER :   BSE SENSEX   25894.97      |    NSE NIFTY 7721.30    
GLOBAL MARKETS :  NASDAQ 4420.989   -0.94%    |    FSI London 6759.21   -0.21%    |    NIKKEI Japan 15620.77   -0.16%
  USD GBP EUR CAD AUD INR
USD - 0.5929 0.7472 1.0913 1.0763 60.79
GBP 1.687 - 1.2605 1.841 1.8158 102.5527
EUR 1.3386 0.7937 - 1.4608 1.4407 81.3723
CAD 0.9164 0.5433 0.6847 - 0.9863 55.7078
AUD 0.9292 0.5509 0.6942 1.014 - 56.4836
INR 0.0165 0.0098 0.0123 0.018 0.0177 -
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
Retail Inflation eases to 29-month low at 7.31% in June; Core inflation softens too
(15-Jul-2014)

Retail Inflation eases to 29-month low at 7.31% in June; Core inflation softens tooIn yet another encouraging development after four month low headline inflation numbers, provisional annual inflation rate based on all India general Consumer Price Index (CPI) (Combined) softened to 29......click on news to read complete article.

Tata Motors, Infosys and Suzlon to see some action today
(11-Jul-2014)

Tata Motors, Infosys and Suzlon to see some action todayTata Motors-owned luxury car maker Jaguar Land Rover (JLR) has registered its strongest ever half-year sales in 2014 selling over 240,000 vehicles. The UK-based auto major sold 240,372 cars between January......click on news to read complete article.

Railway Budget 2014-15 to be "growth oriented", big ticket announcements eyed
(08-Jul-2014)

Railway Budget 2014-15 to be "growth oriented", big ticket announcements eyedHaving done a pre-Budget hike of 14.2% in passenger fares and raising freight rates, Railway Minister Sadananda Gowda's will present his maiden Rail Budget amidst expectation of big ticket announcements,......click on news to read complete article.

International Stock News
US markets closed mostly up; Dow ends in red
(31-Jul-2014)

US markets closed mostly up; Dow ends in redThe US markets finished a choppy session mixed on Wednesday, as the Federal Reserve appeared to soothe fears that it might start raising interest rates sooner than anticipated. The Federal Reserve stated......click on news to read complete article.

US markets closed lower on sanctions against Russia
(30-Jul-2014)

US markets closed lower on sanctions against RussiaThe US markets closed lower on Tuesday, as investors turned cautious after the European Union and the President Barack Obama announced a new round of sanctions against Russia for its role in Ukraine's......click on news to read complete article.

US markets closed in red on weak earnings
(26-Jul-2014)

US markets closed in red on weak earningsThe US markets closed in the red on Friday, as traders reacted negatively to the latest batch of earnings news from Amazon and Visa. Amazon closed the day down 10%, losing more than $15 billion in shareholder......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.