Finance Avenue

The global recession has not spared anyone, just recently department stores and supermarket group giants John Lewis recorded one of its worst loses of 26.4 percent drop in full year profits, and it seems that the future is going to be tough through 2009. Also the annual bonus that was paid to the 70,000 odd [...]

Are you venturing out elsewhere around the world and you are on a look out for a well equipped and well facilitated office space…Then your search ends here ….MLS Business Centres.
MLS Business Centres very well understand your needs and requirements. Apart from London, they are widespread in all over UK and some of its latest [...]

As your business grows, so do your accounting needs and requirements. You need to look into accounting, payroll, finance and taxation aspects of your business apart from dealing with new clients and existing clients, their orders, after sales service and so on …A best solution to your accounting issues will be to engage the services [...]

After going through scams after scams the newly appointed Satyam board, consisting of HDFC chairman Mr. Parekh, Nasscom head Kiran Karnik, and others are trying to get the company on track by making all efforts to bring an able, honest and experienced man –manager. They are in search of a new CEO (Chief Executive Officer) [...]

Satyam trouble is over. Seriously. On Wednesday, January 7, 2009, a startling revelation by Mr. Ramalinga Raju, chairman, Satyam Ltd, took the India Inc by storm. in fax stated to the board of directors, Mr. Raju confessed to have grossly misappropriated the company funds to the extent of Rs 7136 crores (approximately).its share prices slashed [...]

Toronto based telecom equipment manufacturer, Nortel Network Corps is the latest in the line of companies to face the recession crunch as it filed for Chapter 11 bankruptcy protection in Wilmington. All this a day before it was due to pay almost $1 billion interest debt on bonds. The debt amount goes up to $11 [...]