ANZ Bank has about 100 Satyam contractors who support IT projects. They are mainly based at the bank's Indian subsidiary, which employs about 2,000 people, it said. Last week, the bank told employees that it would develop a contingency plan although its relationship with Satyam was 'modest'.
Emotional Tickner returns to NZ squad after cyclone relief efforts
The ongoing Hamas-Israel conflict has disrupted India's efforts to gain from a recent fall in crude oil prices. Since Hamas' invasion of southern Israel on October 7, petroleum has become costlier by around $5 per barrel, threatening to stoke prices and impact growth. Brent crude was trading at $89.8 per barrel on October 9 (9.15 pm IST), up over 4 per cent, thwarting India's anticipation of a period of declining oil prices - after the leading global petroleum benchmark declined by around 11 per cent last week.
Australian ANZ Bank on Monday denied reports of shifting 500 jobs to India, stating it does not expect to make any 'material' cut in employment in 2009, including jobs in Australia.
According to an ANZ spokesperson, most of the jobs about to be scrapped were in Melbourne with about 500 jobs being slashed. However, call centres will remain in Australia and New Zealand, the bank said.
The Australian Conservation Foundation's Climate Change Program Manager Gavan McFadzean also said athletes need to step up.
Silver also fell further by Rs 150 to Rs 34,200 per kg.
Chinese stocks plummeted 9 per cent on Monday
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
Dozens of farmers have already committed suicide in India after damage from unseasonal rains this year.
After reaching a deal with ANZ in a six-year tussle, Pankaj and Radhika Oswal have left Australia and plan to start a new venture in New York
This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances