Friday, 26 November 2010

Set Kasab Free for Instant Insaaf

     
  Same day, 2 years ago, 10 terrorists lay siege to Mumbai and got the entire city down to its knees. The body count read - 173 innocent people dead and 308 wounded, but innumerable were scarred for life. Some of us lost our friends, relatives and loved ones in this horrible massacre, while the rest of the city mourned and limped back to normalcy. However, one of the terrorists who is directly responsible for this massacre continues to live, 2 years and at an estimated Rs. 62 crores of public money later  
     
  In.com believes that we have had enough. Which is why we have launched the “Set Kasab Free” movement as a part of our “Instant Insaaf” initiative. It’s a people’s movement by us and is fuelled by your voice and ultimatums. Either hang Kasab now or Set Kasab Free. After all, how long can we patiently wait on the sidelines; justice delayed is justice denied.  
     
  Click here to support Instant Insaaf by changing your Facebook profile picture and forward this mail to your friends to further the cause  
     
  Here’s our chance to make our voices heard.
We are the faces of young India, we need a solution AND we need it now. It’s time for Instant Insaaf.
 
     
To UNSUBSCRIBE from this mailing list, please click here.

Information provided on this newsletter has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions.moneycontrol.com, and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this newsletter, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.

moneycontrol.com,its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this newsletter.

INDIA BUSINESS UPDATE - Sebi Probes Insider Trading In Housing Loan Racket; Sensex Sheds 181 Pts; Demolition Threat On Lavasa City Bldgs

Friday, Nov 26, 2010
SPECIAL LEAD
SEBI PROBES INSIDER TRADING IN HSG LOAN RACKET  
Market watchdog Sebi has initiated a probe into possible front-running and insider trading in shares of over two dozen companies, including some blue chips. The initial findings, indicate towards a large-scale front-running deals or shares being purchased or sold in these companies on the basis of prior knowledge about investment decisions being made by large institutional investors. The probe would encompass large dealings and any irregular spurt in volumes or prices of shares of all the companies where these institutional investors had bought or sold shares over the past two years. read more  
 
LEAD STORIES
SENSEX SHEDS 181 PTS ON HOUSING LOAN RACKET  
Sensex slumped as the housing loan racket continued to hammer realty stocks. It settled at 19,136.61, Nifty tanked 47.80 points to finish at 5,751.95. read more
DEMOLITION THREAT ON LAVASA CITY BLDGS  
The Environment Ministry has issued a showcause notice to Lavasa Corporation for carrying out construction activities without its approval. read more
ASIAN GAMES DAY 14: INDIA MEDAL TALLY AT 64  
India continued their golden run as star pugilist Vijender Singh punched his way to seal the 14th gold. read more
TOP STORIES
TOP VIDEOS
For hassle-free subscription to Forbes India just give us your contact details and our customer care agent will get in touch with you.
Mobile:  Email: 
AT A GLANCE
BSE 19136.61 -181.55
NSE 5751.95 -47.8
TURNOVER
Rs. 168,630 cr
BSE CASH
Rs. 6,450 cr
NSE CASH
Rs. 22,673 cr
NSE F&O
Rs. 139,507 cr
BULLION
GOLD 20245 -120
SILVER 40861 -931
CRUDE
WTI 83.02 -0.84
BRENT 3901.76 -22.72
FOREX
$ / Re 45.84 +0.32
£ / Re 71.647 -0.2
€ / Re 60.598 -0.27
EVENTS
29 November
National Conference On Mergers & Acquisitions & Joint Venture Alliances, The Oberoi, New Delhi
30 November-1 December
5th CII ITC Sustainability Awards 2010, The Grand, New Delhi
30 November-2 December
8th Conference On Successful EPC Contracting In India, ITC Grand Central, Mumbai
1 December
India Airports Conference 2010, The Taj Mahal, New Delhi
1-2 December
Media & Entertainment Business Conclave 2010, Hyderabad
2-5 December
Global Energy 2010, Palace Ground, Bengaluru
3-5 December
India International Travel Mart, Peoples Plaza, Hyderabad
3-6 December
Agro Tech 2010, Parade Ground, Chandigarh
 
EXPERT VIEWS
"Some developers will bring down the prices and sell... the unsold stock with developers is huge across the country. In this scenario, prices cannot go up definitely."

Deepak Parekh
Chairman, HDFC
"I would like to clarify as some channels had reported it (racket) as a fraud. It is not a fraud case as on today. Later, investigation may reveal that but as on today it is primarily a case of bribery and corruption."

Balwinder Singh
CBI Special Director
"To the best of my knowledge we have not suggested anything like this (recalling corporate loans)."

R Gopalan
Banking Secretary
WATCH OUT  
Sultans of South  
This week we travel to Hyderabad to talk business with India's molecule millionaire, Dr Anji Reddy and the men who run his business GV Prasad and Satish Reddy. While Dr Reddy plans to be hands-on and bring back a discovery-led model for DRL; the next generation is gearing to handover to a professional CEO. But this "family in business" is very clear: they have no plans to sell out.
SHOW TIMINGS
Saturday 9 am, 2 pm & 9:30 pm
Sunday 9 pm
Thursday 7 pm
CNBC-TV18 PROGRAMME SCHEDULE      STOCKS & INVESTING      INDIA EARNINGS      PORTFOLIO
To subscribe to this free newsletter log on to www.cnbc-tv18.com or email us at IBU@moneycontrol.com
You can also SMS IBU <space> your email id to 51818
To unsubscribe click here.

Feedback | Participate in shows
IBU Mobile version India Business Update

Thursday, 25 November 2010

INDIA BUSINESS UPDATE - CBI Probing 16 Cos In Housing Finance Racket; Parliament Disrupted For 10th Day; Sensex Down 141 Pts

Thursday, Nov 25, 2010
SPECIAL LEAD
5 COS BORROWED RS 1K CR TO INVEST IN STOCKS: CBI  
The deadline for the notices issued by the CBI to 16 companies who allegedly received undue favours in the multi-crore housing loan racket ends on Thursday. CBI sources today claimed that five companies involved in the housing loan racket took a loan of Rs 1,000 crore to invest in stocks and manipulate share price. They say that while one company took a loan of Rs 560 crore, another one borrowed Rs 300 crore while rest of them took a loan of Rs 50-60 crore each. read more  
 
LEAD STORIES
PARLIAMENT HELD FOR 10TH DAY; COSTS NATION RS 60 CR  
Parliament was derailed for the tenth day today, causing the public exchequer well over Rs 60 crore in the winter session till now. read more
PRAFUL PATEL WARNS AIRLINES OF PREDATORY PRICING  
Sending a strong signal to carriers over abrupt hike in fares, the Civil Aviation Ministry warned of action if airlines continued "predatory pricing". read more
SENSEX DOWN 141 PTS; REALTY CRACKS 5%  
Sensex shut shop at 19,318.16 points on heavy selling in realty stocks following the home loan racket. Nifty closed 66 points down to 5,799.75. read more
ASIAN GAMES DAY 13: INDIA MEDAL TALLY AT 52  
Ashwini Chidananda and Joseph Abraham won gold medals in the women's and men's 400m hurdles race. read more
TOP STORIES
TOP VIDEOS
For hassle-free subscription to Forbes India just give us your contact details and our customer care agent will get in touch with you.
Mobile:  Email: 
AT A GLANCE
BSE 19318.16 -141.69
NSE 5799.75 -66
TURNOVER
Rs. 281,057 cr
BSE CASH
Rs. 5,547 cr
NSE CASH
Rs. 24,563 cr
NSE F&O
Rs. 250,946 cr
BULLION
GOLD 20361 -37
SILVER 41687 -185
CRUDE
WTI 84.22 +0.36
BRENT 3930.21 +14.3
FOREX
$ / Re 45.52 -0.17
£ / Re 71.854 +0.08
€ / Re 60.732 -0.03
EVENTS
26-28 November
Indiamart Famdent Show, Hyderabad International Convention Centre, Hyderabad
26 November
Mutual Fund Summit, Le Meridien, New Delhi
26-28 November
Autoplas 2010, Auto Cluster Exhibition Centre, Pune
29 November
National Conference On Mergers & Acquisitions & Joint Venture Alliances, The Oberoi, New Delhi
30 November-1 December
5th CII ITC Sustainability Awards 2010, The Grand, New Delhi
30 November-2 December
8th Conference On Successful EPC Contracting In India, ITC Grand Central, Mumbai
1 December
India Airports Conference 2010, The Taj Mahal, New Delhi
1-2 December
Media & Entertainment Business Conclave 2010, Hyderabad
 
EXPERT VIEWS
"We will take action against airlines that violate the price band. In fact, DGCA has sent notices to all the airlines. This kind of predatory pricing cannot be justified and it cannot be allowed to continue. They have been charging very exorbitant prices on most routes. This is a phenomenon which has been taken serious note of by the Ministry as well as the DGCA."

Praful Patel
Civil Aviation Minister
"CBI has requested for some files (relating to loans extended to some housing companies). The outstanding amount (from) these companies were Rs 380 crore... We will see whether the internal system needs tightening, whether risk management needs tightening and whether there were any procedural shortcomings... More than the financial thing, it is the reputational risk that we are facing, not only to LIC Housing Finance, but to Life Insurance Corp also."

TS Vijayan
Chairman, LIC
"I do not think we should make too much of a particular incident (housing scam)...The scale (size of the scam) we are talking about is very small as far as banking system as a whole is concerned. I think our banking system is pretty well regulated. Both the RBI and the (Finance) ministry, I am sure, are doing whatever is necessary to send the right signal."

Montek Singh Ahluwalia
Deputy Chairman, Planning Commission
WATCH OUT  
Sultans of South  
This week we travel to Hyderabad to talk business with India's molecule millionaire, Dr Anji Reddy and the men who run his business GV Prasad and Satish Reddy. While Dr Reddy plans to be hands-on and bring back a discovery-led model for DRL; the next generation is gearing to handover to a professional CEO. But this "family in business" is very clear: they have no plans to sell out.
SHOW TIMINGS
Saturday 9 am, 2 pm & 9:30 pm
Sunday 9 pm
Thursday 7 pm
CNBC-TV18 PROGRAMME SCHEDULE      STOCKS & INVESTING      INDIA EARNINGS      PORTFOLIO
To subscribe to this free newsletter log on to www.cnbc-tv18.com or email us at IBU@moneycontrol.com
You can also SMS IBU <space> your email id to 51818
To unsubscribe click here.

Feedback | Participate in shows
IBU Mobile version India Business Update