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Mahindra Satyam settles Upaid dispute for $70 mn
Mahindra Satyam today said its board has approved settlement of lawsuits brought by its former client Upaid Systems by paying $70 million.

Maruti Suzuki: No near-term gains
Cost pressures due to rising input prices may hit profitability.

News of the day

Sensex ends down 108pts
The Sensex has finally ended (provisional) at 16,674 - down 108 points.
Business Opportunities

US markets end off day's high

US Federal Reserve"s decision to keep rates near zero dragged the markets off the day"s high. The Dow added 30 points to 9,802. The Nasdaq was unchanged at 2,056. - Asian markets in red in morning trades - L&T up marginally on Rs 6,897cr order - Ashok Leyland moves up on sales jump - Sensex ends up 523pts - Asian markets extend gains - Sensex regains strength Indian ADRs were in the green. Genpact and ICICI Bank surged 7% each to $13 and $35.47, respectively. Sterlite rallied 6% to $16.63. MTNL gained 4.5% at $3. HDFC Bank added 4% to $116.52. Infosys and Patni Computers advanced 2.5% each to $47.79 and $19.61, respectively. Wipro, Mahindra Satyam and Dr Reddy"s were up 1% each.


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