INDIA BUSINESS UPDATE - Mild Quake Felt Across North India; Sensex Up 218 Pts To 3-Mth High; Is The World Cup Trophy `Real` Or Replica?

Monday, Apr 04, 2011 SPECIAL LEAD Click here for India Business Update Mobile Version IS THE WORLD CUP TROPHY 'REAL' OR REPLICA? The BCCI and ICC seem to be headed for another collision with the Board admitting on Monday that the World Cup trophy presented to India at the Wankhede on Saturday was not the "real one", even as the sports governing body confirmed that it was the original. Hours after the news broke that the original trophy was held back by the Mumbai customs en route from Dubai, the ICC issued a statement saying, "Contrary to some erroneous and mischievous media reports, the ICC can confirm that the trophy presented to India at Wankhede Stadium on Saturday was the original ICC Cricket World Cup 2011 trophy and the one that was always intended to be presented to the winner of the event." read mor e LEAD STORIES SENSEX MOVES UP 281 PTS TO 3-MTH HIGH Brisk all-round buying amid positive global markets helped Sensex close up at 19,701.73 points. Nifty bounced back 82.40 points to close at 5,908.45. read more MILD QUAKE FELT ACROSS NORTH INDIA North India was shaken by an earthquake of 5.7 magnitude on Richter Scale on Monday evening at 5 pm but there was no report of any loss of life. read more 2G SCAM: PAC QUIZZES RATAN TATA, NIIRA RADIA Corporate lobbyist Niira Radia told the Parliament's Committee that some of the tapes of her purported talks were doctored. read more TOP STORIES • Idea said to weigh stake sale, in talks with MTN • 2G scam: Norway's PM seeks to help Telenor • Silver hits new high at Rs 57,000 • U.S. tells Germany to stop Indian oil payments to Iran • Cipla tells Merck your anti-AIDS drug too costly • Govt to consider Cairn-Vedanta deal on Apr 6 • SC notice on NTPC's petition against Ansaldo • U.S. crude oil hits 2.5-yr high, Brent nears $120 • BHEL profit up 39.66% to Rs 6,021 cr in FY11 • Bajaj Auto March sales up 12% to 307,738 units YoY • SC questions govt on airport ground handling policy • United Spirits buys 41% in Sovereign Distilleries • Spicejet founder pledges 14.8% of equity • Higher GDP not possible without water mgmt: Montek • Glaxo grappling with huge 'war for talent' in India • Indian chip design industry to touch $10.2 bn by '12 • Another pilot arrested for using fake marksheet • State polls begin; Assam votes • 'Pictorial warnings on tobacco products ineffective' • Indians not as large hearted as Paks: Afridi more stories TOP VIDEOS Now That The Tournament Is Over, We Don't Know What To Look Forward To, What Is Next In Life: Sachin Tendulkar, Cricket Icon Unpredictable Move Was Because Of Personal Reasons, It Was Destiny And I Was Intended To Do Another Start-Up: Ashok Soota, Outgoing Executive Chairman, Mindtree We Have Basically Set Ourselves A Target Of 20% Growth For This Year: Rajiv Bajaj, MD, Bajaj Auto AT A GLANCE BSE 19701.73 +281.34 NSE 5908.45 +82.4 TURNOVER Rs. 102,238 cr BSE CASH Rs. 3,193 cr NSE CASH Rs. 11,944 cr NSE F&O Rs. 87,101 cr BULLION GOLD 20720 +60 SILVER 56565 +681 CRUDE NYMEX 102.25 -0.08 BRENT 119.71 +1.01 FOREX $ / Re 44.36 -0.01 £ / Re 71.575 +0.22 € / Re 63.071 +0.11 EVENTS 5 April FSLRC Panel To Meet 5 April CII-FICCI-ASSOCHAM Business Meet With Prime Minister Of Thailand, Taj Mahal, New Delhi 6 April 7th Two Day Hotel Investment Conference South Asia 2011, The Grand Hyatt, Mumbai 6 April ASSOCHAM Conference On Value Creation Through M&A, Intercontinental Eros, New Delhi 8 April CII Conference - Securing The Future: Framework For Inclusive Growth, Taj Palace, New Delhi EXPERT VIEWS "Managing water resources is the biggest challenge before the country and institutes like IIFM should give a serious thought to it by integrating forest conservation with water conservation in the Course." Montek Singh Ahluwalia Deputy Chairman, Planning Commission "He (Dhoni) is the best captain I have played under. He is very sharp and always alert. He reads the situation well and is open to sharing ideas. He always has discussions with bowlers, batsmen and senior players separately. One more good thing is he is always calm and never shows his frustration." Sachin Tendulkar Cricket Icon "To my mind, the sports bodies, be it committees or associations, should be kept off from interference and entry of politicians, irrespective of one's stature to help further promote sports in the country." Nitish Kumar Chief Minister, Bihar WATCH OUT Overdrive On Overdrive this week, it's a diesel dilemma as the Mercedes E350 takes on the BMW 530D & Jaguar XF. Then Bertrand hits the highways for leg 2 of the Overdrive Etios Yatra from Mumbai to New Delhi. Also catch Auto Selector with Sirish & all the motoring news from around the world. SHOW TIMINGS Sat 1 pm & 10 pm Sun 12:30 pm & 7:30 pm