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    Former Satyam CEO Raju, his brother and CFO arrested and detained in profit-fraud scandal

    Monday, January 12, 2009 Byrraju Ramalinga Raju, founder and chairman of Satyam Computer Services, and his brother, B. Rama Raju, the company’s managing director, were arrested late Friday by Andhra Pradesh police. The brothers were placed under judicial custody in a Hyderabad, India jail and will remain there until January 23. Facing charges of criminal breach of trust (Section 406 of IPC), criminal conspiracy (Section 120-B), cheating (Section 420), falsification of records and forgery (Section 468), and fraudulent cancellation of securities (Section 477-a), they face up to ten years imprisonment if convicted. After 18 hours of interrogation by the Crime Investigation Department (CID) at the state police headquarters, the Raju…

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    Twelve injured in Washington after ride at fair topples over

    Sunday, April 19, 2009 At least twelve children have been injured after a swing ride at the Puyallup, Washington Spring Fair toppled over. The ride is called a ‘LollySwing’, which is located in Kiddyland, where the riders sit in swings while the machine spins them around. It is owned by Funtastic Traveling Shows which has been a ride provider for the fair for over 50 years. The accident happened at around 6:30 p.m. (PDT). Injuries are being described as mostly cuts and bruises, but one child was reported to have been in a neck brace and was taken to a local hospital. Five other children were also hospitalized. According to…

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    Steel Industry: Tata buys Corus

    Wednesday, January 31, 2007 India‘s steelmaker Tata Steel, of the Tata Group, buys Anglo-Dutch steel giant Corus Group for £6.7 billion ($12 billion), making it the world’s fifth largest steel manufacturer. 70-year-old Tata group Chairman Ratan Tata, from one of India’s best-known business families, won the race against Benjamin Steinbruch, 52, a famous Brazilian executive who is the chief and main owner of Companhia Siderurgica Nacional (CSN). Tata paid investors 608 pence a share, whereas the Brazilians final offer in an auction by the U.K.’s Takeover Panel was 603 pence. The deal triples Tata Steel’s capacity to almost 28 million tons a year. Tata: “This is the first step in…

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    U.S. TV networks look to past for future programming

    Tuesday, March 22, 2005 Los Angeles, California — Four of six national television broadcast networks recently wooed potential advertisers for the 2005-2006 season with programming offerings in the new development phase. These included NBC, Fox, ABC and The WB. Two other networks, CBS and UPN, plan to preview their offerings March 24. After four years of focusing on high-profile reality television, network executives are turning to the past for inspiration on scripted series. Some networks said they are “more consciously aggressive about developing shows” that recall such classics as Taxi and Barney Miller, Craig Erwich, a programming executive for Fox, told USA Today. In the same report, Kevin Reilly, NBC…

  • Public Relations

    Properties Of Acrylic Sheets (The Value Of Plastic Products)

    Click Here For More Specific Information On: Crisis Communication Consultancy Sydney Crisis Communication Strategy By Lisa Tarticchio Have you ever looked at something made of plastic and wondered how it was made? It’s obviously not a metal, wood or plant based derivative. To the educated person, it could be assumed that it’s made by a chemical process, but not much more about it is as easily surmised. Clearly, acrylic thermoplastics have some very interesting characteristics and properties. Of course, they are well known for their crystal clarity and outstanding weatherability. But did you also know they are available in cast sheet, rod, and tube, extruded sheet and film, and compounds…