Sensex Down 188 Pts on European Woes

Monday, Sep 19, 2011 SENSEX DOWN 188 PTS ON EUROPEAN DEBT CRISIS   Sensex closed at 16,745.35 amid weak global cues, rising interest rates and slowing growth. Nifty dropped by 52.30 points to end at 5,031.95. read more KARNATAKA LOKAYUKTA JUSTICE PATIL RESIGNS   In the wake of allegations of flouting rules in acquisition of plots of land for himself and his wife, Karnataka Lokayukta Shivaraj V Patil on Monday resigned from the post. read more   LEAD STORIES VOLKSWAGEN DOES NOT RULE OUT SUZUKI TAKEOVER   Volkswagen could make a move to take over Japan's Suzuki, German magazine Der Spiegel reported, citing an unnamed senior at Volkswagen. read more TOP STORIES • Sikkim quake: 66 dead; landslides prevent rescue ops   • Gujarat CM Modi ends his 3-day 'sadbhavana' fast   • RBI denies approval for HSBC-RBS deal   • Rupee at new 2-yr low of 47.81/82   • GTL lenders approve $1 bn debt restructure   • Govt clears Vodafone's stake buy in Essar JV   • Essar controlled Loop during 2G allocation: CFO   • Siemens, RIL arm JV for homeland security products   • Fortis Healthcare to buy sister overseas arm   • GVK group to sell $1 bn unit stake to buy coal mines   • Halt Koodankulam N-project: Jaya tells PM   • Govt clears FDI proposals worth Rs 243 cr   • Illegal mining: Reddys custody extended till Oct 3   • Cash-for-vote: Money came from Cong leader Patel   • Satyam case: SC to hear CBI plea for more time   • Obama deficit plan to call for $1.5 trillion in taxes   • World stocks tumble as Greek default fears mount   • I made a "moral error," Strauss-Kahn tells France   • The perils of European incrementalism: Summers   • "Boardwalk Empire" brings Martin Scorsese an Emmy   more stories TOP VIDEOS Growth Slowdown Does Not Worry Us... What Worries Is That This Policy Has Not Had Enough Bite On Inflation: Kaushik Basu, Chief Economic Advisor   Fuel Price Rise A Bigger Concern Than Rate Hike: Rajiv Bajaj, MD, Bajaj Auto   India Will See a Sub-7.5% Growth In The Coming Two Quarters, If We See A U.S. Double Dip, Then Probably The Growth Would Go To 6.5%: Indranil Sengupta, Chief Economist, BofAML   AT A GLANCE BSE 16745.35 -188.48 NSE 5031.95 -52.3 TURNOVER Rs. 117,576 cr BSE CASH Rs. 2,219 cr NSE CASH Rs. 7,982 cr NSE F&O Rs. 107,376 cr BULLION GOLD 27830 +100 SILVER 63684 -724 CRUDE NYMEX 85.31 -2.87 BRENT 109.46 -2.76 FOREX $ / Re 47.77 +0.45 £ / Re 74.753 +0.34 € / Re 64.952 +0.27 EVENTS 20 September Food EGoM To Review Onion Export Ban 7th Edition Of Annual International Bank Tech Summit, Taj Lands End, Mumbai 20-21 September Global Insurance Summit-2011, Trident, Mumbai 21 September Conference On Accelerating Power Of Energy For Industrial Growth Of Tamilnadu, Chennai 22 September Conference On Opportunities In SEZs, Visakhapatnam 21-22 September BIO India International Conference, Hyderabad EXPERT VIEWS (On his sexual encounter with a NY hotel maid)"It was a moral error, and I am not proud of it. I regret it, infinitely, and I don't think I am finished with regretting it." Dominique Strauss-Kahn Ex- IMF Chief "I left home not to sit on a throne but to serve people...My govt is not a routine one. My strength is the six crore Gujaratis. My aim is to join the 6 crore dreams of Gujaratis. ...Development programmes in India are based on vote bank politics. No proper plan of development exists. I don't run govt eyeing the next polls." Narendra Modi Chief Minister, Gujarat "The place of receipt of the bribe was not Amar Singh's home, but Le Meridien Hotel. The person to pay the bribe was not Mr Amar Singh but obviously Mr Ahmed Patel, an (Congress) MP and a very influential member of the party whose government was to be saved." Ram Jethmalani Amar Singh's Lawyer WATCH OUT   Overdrive   On Overdrive this week we test Renault's Flagship SUV the Koleos, experience Polaris's new range of ATV's and go behind the scenes at Force Motors to find out more about the company's plans and the new Force One SUV. SHOW TIMINGS Tue 6:30 pm