Melbourne, Jan. 21 : The National Australia Bank (NAB) could be forced to write off millions of dollars invested in its off-shoring program as a result of the Satyam corporate fraud scandal.
According to Fox News, NAB is one of Satyam''s biggest customers in Australia and has already made a significant investment on training and transition costs and redundancy payouts as part of its information technology off-shoring (ITO) program.
Melbourne - Ana Ivanovic recovered after a brief second-set threat from Italian Alberta Brianti to earn a 6-3, 6-2 victory Wednesday and reach the third round of the Australian Open.
The Serb fifth seed, who won the French Open last year and briefly touched number one, remains just outside the discussion for the top spot by the end of the season's first major.
But her performance gave hope that she is preparing to climb back up the standings.
Melbourne - Ana Ivanovic recovered after a second-set threat from Italian Alberta Brianti to earn a 6-3, 6-2 victory Wednesday to reach the third round of the Australian Open.
The Serb fifth seed, who won the French Open last year and briefly touched number one, remains just outside the discussion for the top spot by the end of the season's first major.
But her performance gave hope that she is preparing to climb back up the standings.
Melbourne - Lleyton Hewitt has vowed to fight on with his career after suffering a heartbreaking early exit at the Australian Open. The 27-year-old is ready to take his game to the American indoor courts next month after losing to Fernando Gonzalez.
With a ranking which will now stand close to 100 for the former number one and double Grand Slam champion, prospects admittedly look grim.
Melbourne - James Blake quietly celebrated the inauguration of Barack Obama from the Australian Open, the American proud to have donated to the political cause.
"It's a very significant inauguration, a very significant presidency to have the first African American in power," said the former Harvard student known for his views outside of the court. "I really think there's no one better qualified for the job than Barack Obama right now."