- Indian police filed formal charges against former Satyam chairman B. Ramalinga Raju, two of his brothers, two Price Waterhouse auditors and four others, in a widening of the probe into the outsourcing giant’s alleged fraud. Meanwhile, four parties emerged as serious bidders for what’s left of Satyam, set to be auctioned off on Monday.
- The Australian government is set to invest $31bn in the construction of a national broadband network. The eight-year project is expected to create 37,000 jobs, and will amount to the nation’s largest-ever infrastructure project.
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