MUMBAI: Nearly a decade ago, Ramalinga Raju, then chairman of Satyam Computer Services confessed to a fraud that shook India’s corporate world and its sunrise IT services industry.The IT sector was bracing for the recession in the US, its largest market, that was triggered by the financial crisis. Satyam was India’s fourth- largest IT services […]
Tag: cent
Week in 10 stocks: Aviation hits an air pocket, NBFCs still reeling
Market heartbeats Sensex and Nifty slipped for the fourth straight week as they found little solace in rising crude oil prices, fall in the rupee and heavy selling pressure in the non-banking financial space. The BSE Sensex lost 614 points, or 1.67 per cent, to 36,227 for the week ended September 28 while the NSE […]