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Indian stock market closes higher
The Indian stock benchmark Sensex closed Tuesday at 10,335.93 points, up 60.33 points or 0.59 percent from the previous day. The total turnover was 402.97 million U.S. dollars. Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. The base year of ...

Succumbing to panic, institutional and retail investors frantically pulled out money from the stock market and mutual ...
When the Wall Street was breached, the Indian bourses had to battle a tsunami. Succumbing to panic, institutional and retail investors frantically pulled out money from the stock market and mutual fund schemes. The result was an unparalleled liquidity crisis in the equity market.

Indian Outsourcing Giant Admits Fraud
NEW DELHI, Jan. 7 -- The leader of one of India's largest technology outsourcing companies, Satyam Computer Services, on Wednesday admitted cooking its books and committing other grave financial wrongdoing to inflate profits over several years. The revelation shook India's stock market and sent s...

Satyam spooks market
Mumbai, Jan. 7 In a unique case of upheavals at a single company pulling down the Indian stock market, Wednesday’s disclosures by the founder-Chairman of Satyam Computer Services rocked the equities market, sending the Sensex crashing 7 per cent.

Indian sSoftware giant admits financial wrongdoing
NEW DELHI, India -- One of India's largest technology outsourcing companies, Satyam Computer Services Ltd., on Wednesday admitted cooking its books and committing other grave financial wrongdoing to inflate profits over several years. The revelation shook India's stock market and sent shock waves across the country's booming software industry. Television commentators quickly dubbed Satyam ...

Satyam tremor drags Indian ADRs; Infy defies trend
COMMENT ON THIS ! Your Views! Indian shares listed on the American bourses settled mostly in the red, while Infosys defied the trend, after the New York Stock Exchange halted trading in Satyam Computer at its bourses.

Satyam tremor drags Indian ADRs
Indian shares listed on the American bourses settled mostly in the red, while Infosys defied the trend, after the New York Stock Exchange halted trading in Satyam Computer at its bourses.