LONDON (AP) — European stock markets fell Wednesday ahead of an expected sell-off at the U.S. open, with worries about the economy resurfacing after a surprisingly upbeat start to the New Year. The FTSE 100 index of leading British shares was down ...

Most Asian markets extend New Year's rally - Charleston Daily Mail

HONG KONG (AP) -- Most Asian stock markets extended their New Year's rally Wednesday, with Japan's index up nearly 2 percent, on hopes that stimulus measures from a new U.S. administration would help speed the world's economic recovery. The yen ...

Shock over 'India's Enron' as Ramalinga Raju says profits at Satyam ... - News.com.au

THE head of Indian outsourcing company Satyam Computer Services quit overnight, after disclosing that profits had been falsely inflated for years and sending its shares plunging nearly 80 per cent. India's biggest corporate scandal in memory ...

IT firms bullish on pharma outsourcing - Daily News and Analysis

At a time when information technology (IT) companies have frozen recruitments, Hari Singh hadn’t imagined he would get a job offer from a software firm. The Bachelor of Ayurvedic Medicine and Surgery (BAMS) graduate will soon be joining the Mumbai ...

India's Madoff? Satyam Scandal Rocks Outsourcing Industry - BusinessWeek

B. Ramalinga Raju resigned on Jan. 7, 2009, admitting the firm had falsified accounts and assets and inflated its profits over several years. Noah Seelam/AFP/Getty Images On the morning of Jan. 7, Ramalingam Raju , the chairman of troubled Indian IT ...