INDIA BUSINESS UPDATE - Sensex Up 144 Pts; DoT To Send Notice For 20 More Licence Cancellation


Thursday, Mar 24, 2011

LEAD STORIES
SENSEX UP 144 PTS; FINANCIALS, INFRA, METALS LEAD
Rally in financial, infrastructure, metal, technology and select auto counters saw Nifty gain 42.15 points to 5,522.40. Sensex closed at 18,350.74. read more
DOT TO SEND NOTICE FOR 20 MORE LICENCE CANCELLATION
Department of Telecommunications will send notice for 20 more licence cancellation of telecom service providers for not meeting rollout obligations. read more
HOW INDIA BLINKED ON U.S. INSPECTIONS OF PM'S JET
The U.S. unilaterally foisted an amendment mandating intrusive annual end-use inspections of PM's aircraft by U.S. personnel. read more

TOP STORIES

TOP VIDEOS

AT A GLANCE
BSE 18350.74 +144.58
NSE 5522.4 +42.15
TURNOVER
Rs. 112,765 cr
BSE CASH
Rs. 3,165 cr
NSE CASH
Rs. 10,381 cr
NSE F&O
Rs. 99,218 cr
BULLION
GOLD 20969 -44
SILVER 56055 +557
CRUDE
NYMEX 102.25 -0.08
BRENT 114.8 -0.75
FOREX
$ / Re 44.75 -0.1
£ / Re 72.232 -0.36
€ / Re 63.129 +0.2
EVENTS

25 March
25th Skoch Summit: Reinventing India -- Shifting To Demand Side Governance, Shangrila, New Delhi
Warren Buffett To Meet Prime Minister Manmohan Singh
Bombay High Court To Hear HCC Promoted Lavasa Corp Case
Panel to decide on 5 new SEZ proposals tomorrow


25-27 March
17th International Exhibition & Conference On Diagnostic Medical Equipment & Technology, New Delhi


27-29 March
7th CII-Exim Bank Conclave On India-Africa Project Partnerships, Taj Palace, New Delhi

EXPERT VIEWS

"If you look at our oil requirement...Out of 100 million tonnes imported last year, 67 million tonne or two-thirds came from West alone. If the situation remains unstable there, it is quite natural for anyone to express concern and to hope and to try, if possible, to restore normalcy, peace and stability in the region because our vital interests are linked to that."

Pranab Mukherjee
Finance Minister
"Giving money and making money have a lot of similarities. In my work at Microsoft, my job was hiring talented engineers to solve tough problems that look unsolvable and backing their work for five to 10 years and understanding what works and what doesn't work. At the Foundation, it is similar. My Microsoft experience has prepared me well for this Foundation work. Running the Foundation is a lot like running a software innovation company."

Bill Gates
Founder, Microsoft
"The surplus land remains secured and unused by the company, waiting for a resolution of the demerger issue. The company continues to bear the expenses toward the surplus land's upkeep and security as well as associated property taxes."

Subodh Bhargava
Chairman, Tata Communications

WATCH OUT
Warren Buffett & Bill Gates Visit India
Get exclusive access to Bill Gates and Warren Buffett during their Indian trip. They are powerful men worth over $100 billion and the most generous philanthropists the world has known. Now, Warren Buffett and Bill Gates are coming to India to continue their philanthropic efforts. With CNBC's Becky Quick accompanying them every step of the way, get privileged access into the minds of Gates and Buffett.
SHOW TIMINGS
March 24th - 25th

CNBC-TV18 PROGRAMME SCHEDULE STOCKS & INVESTING INDIA EARNINGS PORTFOLIO
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