HYDERABAD - Maytas Infra, owned by former chairman of Satyam Computer Services B. Ramalinga Raju's family, has issued a legal notice to Vendanta Aluminum Ltd for 'fraudulently and illegally' encashing two bank guarantees worth Rs.640 million (Rs.64 crore) and for not clearing admitted dues.

HYDERABAD - The cash-strapped Satyam Computer Services will get Rs.6 billion (Rs.600 crore/$130 million) from banks to meet its working capital requirements, and a new chief executive in company veteran A.S. Murty, the software firm's reconstituted board said here Thursday.

NEW DELHI - The government will add stringent clauses to the IT Amendment Bill, 2008, to ensure data protection and cyber security, a top official said here Thursday.

HYDERABAD - The cash-strapped Satyam Computer Services would borrow Rs.6 billion (Rs.600 crore/$130 million) from banks to meet its working capital requirements, the company confirmed Thursday after a two-day board meeting here.

NEW DELHI - State-run Punjab National Bank Thursday said it has implemented its core banking delivery solution across all its 4,604 branches in the country to offer round-the-clock services to customers apart from seamless access to its network of ATMs and Internet banking.