| Thursday, Apr 21, 2011 |  |
| | | 2G SCAM: 5 ACCUSED TO REMAIN IN JAIL TILL APR 26
The Delhi High Court on Thursday adjourned the hearing of the bail petition of the five corporate executives accused in the 2G spectrum scam till April 26. The bail applications of Swan Telecom Director Vinod Goenka, Unitech Wireless' Managing Director Sanjay Chandra and three top officials of Reliance ADA Group, Gautam Doshi, Surendra Pipara and Hari Nair, was heard by a bench of Justices Vikramajit Sen and Siddharth Mridul. They argued that the High Court's earlier judgement set guidelines that an accused not arrested during investigation is entitled to bail after being charge-sheeted. read more | | | | | RIL POSTS RECORD Q4 PROFIT, LAGS ESTIMATE
RIL Q4 rose 4.75% to Rs 5,380 cr QoQ, but flat production from gas blocks and lower than expected refining margins weighed on results. read more | TCS Q4 NET UP 3%, IN LINE WITH EXPECTATIONS
TCS reported Q4 net profit at Rs 2,402 cr vs Rs 2,330.2 cr in the previous quarter as per U.S. GAAP. Its FY11 net jumped 29.5% to Rs 9,068 cr. read more | SENSEX UP 131 PTS ON STRONG RALLY IN RIL, ONGC
Sensex closed at 19,602.23 points ahead of heavyweight RIL's Q4 results. Nifty ended at 5,884.70 up 33.05 points. read more |
| | | | | AT A GLANCE | | BSE | 19602.23 | +131.25 | | NSE | 5884.7 | +33.05 | | TURNOVER Rs. 163,537 cr | | BSE CASH Rs. 3,561 cr | | NSE CASH Rs. 13,356 cr | | NSE F&O Rs. 146,619 cr | | | | BULLION | | GOLD | 21862 | +89 | | SILVER | 67337 | +1693 | | | | CRUDE | | NYMEX | 102.25 | -0.08 | | BRENT | 123.56 | -0.29 | | | | FOREX | | $ / Re | 44.3 | +0.04 | | £ / Re | 73.467 | +0.97 | | € / Re | 64.608 | +0.34 | | | | EVENTS |
| | 23 April |  | Second Phase Of Polls To West Bengal Assembly | |
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| | 25 April | | Lecture By Y V Reddy On "Financial Sector Legislation In India: Random Lessons From Experiences", IGIDR, Mumbai | |
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| | 26 April | | Finance Ministry To Meet PSU Bankers For Annual Performance Review, New Delhi | | SEBI Board Meet To Reconsider Decision To Clear NDSL In IPO Scam | |
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| | 27-28 April | | India Pakistan Trade Secretaries To Meet, Islamabad | |
| | | | | | EXPERT VIEWS |
| | "In China's 12th Plan, exports do not hold the same place. Besides, the Chinese will be vacating the lower end of value spectrum like textiles and leather. So who will replace them? Are we going to step in or will it be Vietnam or Turkey or Indonesia... This is where our focus should be for the next five years."
Montek Singh Ahluwalia
Deputy Chairman, Planning Commission "There is a growing feeling in the people that our laws, systems and procedures are not effective in dealing with corruption. We must recognize that there is little public tolerance now for the prevailing state of affairs. People expect swift and exemplary action and rightly so. It is a challenge that we must tackle boldly and we stand committed to doing so."
Manmohan Singh
Prime Minister "Everything stinks (the manner in which the vilification campaign first went against (Anna) Hazare, then against Bhushans)... The anti-corruption crusade has unnerved some sections. Nobody expected Hazare to get the response he did."
Santosh Hegde
Karnataka Lokayukta |
| | WATCH OUT |  India Tonight with Karan Thapar Karan Thapar, India's leading commentator and columnists leads a power packed current affairs show. Focusing on the big story of the day, India Tonight cuts through the clamor and goes beyond the hype to the real story behind the headlines, from all perspectives. | SHOW TIMINGS Mon - Thur 10:30 pm
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