Anna Hazare Fast Enters 3rd Day, Gains Momentum; Sensex Down 21 Pts

Thursday, Apr 07, 2011 SPECIAL LEAD Click here for India Business Update Mobile Version ANNA HAZARE 'SATYAGRAHA' ENTERS 3RD DAY The government's proposal that the new Lokpal Bill panel will have equal representation from civil society, but it will remain an informal committee, did not meet the approval of Hazare's supporters. The deadlock, therefore, continues though the government opened a channel of communication appointing Union Minister Kapil Sibal to negotiate with the agitators. The movement has gained momentum across the country. read more LEAD STORIES SENSEX DOWN 21 PTS, FALLS FOR 3RD DAY Sensex closed at 19,591.18 points on selling by funds particularly in IT and oil and gas stocks. Nifty ended at 5,885.70 down 6.05 points. read more WORKERS' INPUTS HELPED MARUTI SAVE RS 160 CR IN FY11 Maruti Suzuki saved Rs 160 crore in 2010-11 by implementing suggestions given by its workers, who are rewarded with movie tickets, dinner coupons. read more TOP STORIES • Cairn-Vedanta deal deadline extended to May 20 • 2G scam: PAC summons Cabinet Secy, CBI chief • Silver futures hit record high at Rs 60,160 • No solution yet to Iran oil fund row: SBI source • Food inflation falls to 4-mth low of 9.18% • USFDA opposes Mylan injunction on Ranbaxy's Lipitor • Govt slaps 10% excise duty on jute items • Rs 8,000 cr SAIL FPO to hit market by May-end • JPC invites views on telecom licences, spectrum • BMW sells 1,027 units in March, highest ever in India • Dubai properties 60% cheaper than Mumbai • Scientists find superbugs in Delhi drinking water • Bentley drives in Continental GT for Rs 1.9 cr • Air India introduces mobile check-in at 6 metros • ECB hikes rate by 25 bps to 1.25%; first since July '08 • Portugal bailout package may reach $129 bn • Novartis sells skin drug biz to Meda for $420 mn • Indonesia bars Citi from wealth mgmt services • U.S. shutdown if Obama fails agreement on budget • Who after Sai Baba? That's a Rs 40,000-cr question more stories TOP VIDEOS The Fundamentals In Emerging Markets Remain Somewhat Uncertain, It's Too Soon To Be Upgrading Emerging Markets: Ian Scott, Chief Global & European Strategist, Nomura The Crude Market Is Always In That Precarious Balance Between Supply And Demand: Jonathan Barratt, MD, Commodity Broking Services Only 450 Astronauts Have Been In Space In The Last 60 Years...People Have Not Got An Opportunity To Go Into Space, It Is Controlled By The Government: Richard Branson, Founder, Virgin Group AT A GLANCE BSE 19591.18 -21.02 NSE 5885.7 -6.05 TURNOVER Rs. 89,952 cr BSE CASH Rs. 3,406 cr NSE CASH Rs. 12,409 cr NSE F&O Rs. 74,136 cr BULLION GOLD 21217 +51 SILVER 57905 +197 CRUDE NYMEX 102.25 -0.08 BRENT 122.08 -0.22 FOREX $ / Re 44.11 -0.05 £ / Re 72.018 +0.28 € / Re 63.077 +0.15 EVENTS 8 April CII Conference - Securing The Future: Framework For Inclusive Growth, Taj Palace, New Delhi 8 April iGate Open Offer For Patni Shares 8 April Bankers, Air India Management To Meet, New Delhi 9 April 3rd Round Table On Luxury Business, Taj Mahal, Mumbai 15 April March WPI Inflation Data To Be Released 15 April Infosys To Announce Q4 Results EXPERT VIEWS "The timeline issue is not a big issue. We also want the (Lokpal) bill to be formed immediately. We have not agreed on Anna Hazare being the chairman. The civil society wants Anna Hazare to be the chairman. We will meet again tomorrow (Friday) morning. We have talked and addressed issues, only two outstanding issues have not been resolved." Kapil Sibal Telecom Minister "Kapil Sibal is a senior advocate but his announcement cannot become law in the country. He has to put it on paper and make this legal. The movement wants him (Anna Hazare) to be a chairman. Anna Hazare wanted a retired Supreme Court judge to be the chairman. When we announced it to the civil society they wanted Hazare to become the chairman." Arvind Kejriwal RTI Activist "If the Government does not listen to our demands then people will force this Government out of power. The 2G, Adarsh Society, Commonwealth Games and other scams got exposed because of the RTI. Now it is the time to put the culprits behind bars for which Lokpal Bill is necessary. My hunger strike would not end till the Bill is passed. This is a do-or-die movement." Anna Hazare Social Activist WATCH OUT Beautiful People Noted economist and Secretary General of FICCI Amit Mitra makes his debut in politics by contesting as a Trinamool Congress candidate. On Beautiful People this week Mitra talks to Anuradha SenGupta about his shift from the boardroom to electoral politics, his vision to revive Bengal's debt ridden economy and his future in politics. SHOW TIMINGS Sat 9 pm Sun 1:30 pm & 8:30 pm Mon 6:30 pm