INDIA BUSINESS UPDATE-- Sensex Ends Flat; ED Issues `Look Out Circular` Against Hasan Ali; Delhi Court Allows CBI To Close Case Against Quattrocchi

Friday, Mar 04, 2011 Click here for India Business Update Mobile Version LEAD STORIES SENSEX ENDS FLAT AFTER TOUCHING 5-WK HIGH Sensex opened firm and surged by 247 points before ending flat at 18,486.45 points due to profit booking amid firm global trends. read more ED ISSUES 'LOOK OUT CIRCULAR' AGAINST HASAN ALI The Enforcement Directorate has issued 'Look Out Circular' against Pune-based stud farm owner Hasan Ali Khan, accused of stashing black money abroad. read more BOFORS CASE CLOSED, RELIEF FOR QUATTROCCHI In a major relief for Bofors scam accused Italian businessman Ottavio Quattrocchi, a Delhi court allowed CBI to withdraw the cases against him. read more TOP STORIES • PM accepts responsibility over Thomas ruling • Veteran Congress leader Arjun Singh dead • CBI raids DD boss BS Lalli, Zoom TV owner house • Kraft Foods gets SEC writ in Cadbury probe • BSNL WiMax franchisee tender under scanner • NTPC to approach SC on Ansaldo ruling • NSE shareholder seeks buyers for up to 5% stake • Govt seeks 79,590 cr more to meet oil, fertilizer bills • Lanco Infratech seals $760 mn Griffin buy • L&T Infra Fin to close retail bond sale on Mar 4 • As debt piles up, Anil's RComm faces key test • Active mobile subscriber base hits 548.66 mn in Jan • Citibank tops in credit card fraud cases • MAT imposition on SEZs surprising: Anand Sharma • Coke to launch new global campaign 'Brrr' in India • Babri Case: SC notices to Advani, Joshi, Thackeray • Fortis buys 28.6% of Lanka Hospital for $36.3 mn • China to hike defence budget by 12.7% to $91.5 bn • New investment values Facebook at $65 bn • Scientists claim major step forward to treat Alzheimer's more stories TOP VIDEOS Sustainability Of Growth Momentum In The Medium Term Depends On The Pace Of Infrastructure Development: Pranab Mukherjee, Finance Minister Budget Cannot Address Corruption...Budget Is To Do With Finances, Corruption Is To Do With Governance: Salman Khurshid, Minister Of State For Parliamentary Affairs We Will Drive The Growth In U.S. And Create The Jobs That Are Necessary Even If It Takes Some Time: Vikram Pandit, CEO, Citigroup Fiscal Policy Responsible For India's Inflation: Gerard Lyons, Chief Economist & Group Head Of Global Research, Standard Chartered Bank < /a> AT A GLANCE BSE 18486.45 -3.31 NSE 5538.75 +2.55 TURNOVER Rs. 119,437 cr BSE CASH Rs. 3,087 cr NSE CASH Rs. 11,635 cr NSE F&O Rs. 104,715 cr BULLION GOLD 20906 +48 SILVER 50753 +495 CRUDE WTI 102.96 +1.05 BRENT 5193.19 +48.73 FOREX $ / Re 44.98 +0.03 £ / Re 73.097 +0.17 € / Re 62.828 +0.32 EVENTS 7 March Exhibitors Knowledge Forum, Novotel, Mumbai 9-10 March Conference On Waste Management In India, The Imperial, New Delhi 15-16 March 6th Annual Conference On City Gas Distribution In India, The Imperial, New Delhi 16-18 March Water Expo, Chennai Trade & Convention Centre, Chennai 21-22 March 2nd Annual Conference On Promise Of A Smart Grid, The Way Forward & Next Steps, Hyatt Regency, New Delhi 23 March Maharashtra Budget For 2011-12 Financial Year EXPERT VIEWS "I have already said I respect the judgement of the Supreme Court (on CVC case). I accept my responsibility." Manmohan Singh Prime Minister "I appreciate the statement of the Prime Minister owning responsibility for the appointment of CVC which has been quashed by Supreme Court. I think this is enough. Let matters rest at this and we move forward." Sushma Swaraj Leader Of Opposition In Lok Sabha "In Euro area, you've got finance problem, in Middle East, you've got fuel problem and in may parts of the world it's food problem. So, you've got food problem, fuel problem and finance problems. These are huge big risks." YV Reddy Former RBI Governor WATCH OUT Young Turks Dream Decade This week go On The Road to meet Atit Bhatia of Hindustan Tin Works, India's leading manufacturer of metal cans. Catch Karishma Daswani of Femmehire.com, a job portal exclusively for women, in a master class with Anirudh Singh of Canaan Partners on the Young Turks Tutorial. And on YT Buzz catch all the action from the 5th IIT Delhi entrepreneurial summit. SHOW TIMINGS Sat 11 am & 7:30 pm Sun 12 noon