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Employees, India's business community tense about Satyam fallout (EARTHtimes.... 8 Jan 2009 at 12:48am
New Delhi - Employees of India's software major Satyam, that has been rocked by a 1.45-billion-dollar accounting fraud, were uncertain about their future as business leaders worried about the scam's impact on corporate India, media reports said Thurs...

Chairman admits Indian software company faked profits (Houston Chronicle) 7 Jan 2009 at 2:50am
Satyam Computer Services' balance sheet ? riddled with "fictitious" assets and "non existent" cash ? contained a $1 billion hole that could no longer be concealed, Chairman B. Ramalinga Raju said in a letter to the board.

HL:The Canadian Press Business News Budget for Wednesday, Jan. 7, 2009@ (INO ... 7 Jan 2009 at 7:32pm
BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 10 p.m. ET. Plans may change as circumstances warrant. To contact Canadian Press Business by e-mail, send messages to business(at)thecanadianpress.com.

The Canadian Press Business News Budget, Wednesday, Jan. 7, 2009@ (INO News) 7 Jan 2009 at 3:18pm
BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 6:30 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to David Paddon on the business desk at 416-507-2138 or Craig Wong at 613-231-8631.

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