US lawmakers in the House of Representatives on Monday voted against the biggest proposed government intervention in the US economy since the Great Depression of 1929.
US president George W Bush has been rallying hard to win the bailout.
http://www.ibnlive.com/news/us-lawmakers-reject-700billion-bailout-plan--more/74637-2.html
Fed Reserve wants US senators to agree to the US $ 700 billion bailout package.
http://www.ibnlive.com/news/fed-appeals-us-senate-to-rally-around-wall-street/74232-2.html
IT cos must have significant exposure to BFSI space to survive in the market.
http://www.ibnlive.com/news/lehman-bros-bankruptcy-could-hit-indian-it-cos/73631-7.html
The global investment bank will file a Chapter 11 Bankruptcy petition.
http://www.ibnlive.com/news/lehman-files-for-bankruptcy--boa-to-buy-merrill-lynch/73591-7.html
IIT Bombay says it is not in a position to pay next month’s salaries to staff.
http://www.ibnlive.com/news/elite-iits-go-bankrupt-no-salary-for-mumbai-staff/56790-3.html
WICB clarified that its financial position is not as bad as is being projected and claims to have "broken even".
http://www.ibnlive.com/news/wicb-not-broke-on-a-break-even/16977-5.html
 |
|
