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BNP Paribas India mutual fund unit exits Satyam (Reuters via Yahoo! Malaysia News)
MUMBAI, Jan 7 (Reuters) - The Indian mutual fund venture of BNP Paribas has sold its entire holding in Satyam Computer Services , a top executive said on Wednesday.
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Succumbing to panic, institutional and retail investors frantically pulled out money from the stock market and mutual ... (India Infoline)
When the Wall Street was breached, the Indian bourses had to battle a tsunami. Succumbing to panic, institutional and retail investors frantically pulled out money from the stock market and mutual fund schemes. The result was an unparalleled liquidity crisis in the equity market.
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The best investor of 2008 is buying... (CNN Money)
We all know that 2008 was a horrific year for the stock market. But to really put into perspective how terrible it was, get a load of this. Only one mutual fund that focuses on buying U.S. stocks made money in 2008. One!
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A 'great' opportunity gone awry for MFs (Business Standard India)
On December 16, when Satyam Computer Services (Satyam) declared that it wants to buy Maytas, it triggered investor activism, forcing the software giant to retract.
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Raju brings down Satyam, shakes India (Asia Times)
BANGALORE - Byrraju Ramalinga Raju's shock resignation on Wednesday as chairman of Satyam Computer Services, which he founded and helped develop into India's fourth-largest computer software firm, and confession to fraud running into millions of dollars has threatened to undermine the remarkable growth story of the Indian economy in general and its information technology sector in particular.
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Morningstar Announces 2008 Fund Manager of the Year Awards (PR Newswire via Yahoo! Finance)
Morningstar, Inc. , a leading provider of independent investment research, today announced the three winners of its Fund Manager of the Year award. The winning domestic- and international-stock fund managers were able to enhance their long-term records by minimizing losses and maintaining their rigorous approaches to stock-picking, while the winning fixed-income fund managers -- one of whom is ...
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Big Slide in 401(k)s Spurs Calls for Change (WallStreet Journal via Yahoo! Finance)
The stock-market rout has ignited a crisis of confidence for millions of Americans who manage their own retirement savings through 401 plans.
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Google cuts temporary workers but murky on details (Washington Post)
SAN FRANCISCO -- Google Inc. has jettisoned a substantial number of temporary workers in a recent austerity drive spurred by the recession, although the Internet search leader still intends to spend billions of dollars during the next two years on product research, development and acquisitions.
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Google cuts temporary workers (The Arizona Republic)
The recent austerity drive spurred by the recession.
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Google cuts temporary workers but murky on details (San Francisco Chronicle)
Google Inc. has jettisoned a substantial number of temporary workers in a recent austerity drive spurred by the recession, although the Internet search leader still intends to spend billions of dollars during the next two years on product research,...
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