Libya`s Gaddafi Killed In A Gun Battle | Sensex Falls 148 Pts

Thursday, Oct 20, 2011


LIBYAN DICTATOR GADDAFI KILLED IN A GUN BATTLE  
Former Libyan leader Muammar Gaddafi died of wounds suffered in his capture near his hometown of Sirte today, a senior NTC military official said. National Transitional Council official Abdel Majid Mlegta told Reuters earlier that Gaddafi was captured and wounded in both legs at dawn as he tried to flee in a convoy which NATO warplanes attacked. "He was also hit in his head," the official said. "There was a lot of firing against his group and he died." There was no independent confirmation of his remarks. read more  
MKTS TRIMS LOSSES, SENSEX DOWN 148 PTS  
Sensex managed to recoup more than half of its losses in the last couple of hours of trade on Thursday, following a recovery in European markets. Bharti Airtel, SBI, Infosys and Tata Steel made a sharp rebound. Sensex fell 148.45 points, to close at 16,936.89, after showing 192 points recovery from day's low of 16,744.99. Nifty fell 47.25 points, to end at 5,091.90. read more  
TOP STORIES
Ashok chawla takes over as CCI chairman

TOP VIDEOS

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EVENTS

21 October
Arun Maira, J J Irani And Homi Khusrokhan Share The Dias At The Employers' Federation Of India's Conference "Fair Employers Finish First", Taj President, Mumbai


23 October
European Summit, Brussels


25 October
Second Quarter Review of Monetary Policy 2011-12


3 November
Panel Discussion On 'Effective States, Inclusive Growth, And The Challenges Of Governing India?', New Delhi
India Pharma Inc.: Enhancing Value through Alliances and Partnerships, Mumbai

EXPERT VIEWS

"Inflation remains way above what is considered as the comfort level. In that situation it becomes absolutely essential for the Central bank to act. The primary responsibility of the country's Central bank is to tame inflation."

C Rangarajan,
Chairman, Prime Minister's Economic Advisory Council
"Highly subsidised foodgrains under the proposed food security law should be given only to the 'really needy people' and the government should have a relook at prices of ration supplies. Many have shared apprehensions with me on providing cereals at Re 1 per kg (under the Act). If the government buys jowar at Rs 30 and sell cereals at Re 1 per kg, I think it will affect the country's economy."

Sharad Pawar
Agriculture Minister
"Just as in the year 2008, we showed to the world that we can swim against the wind blowing from abroad, it is still possible for India to maintain a healthy growth rate of about 8 to 8.5% (2011-12) despite the adversity of the international environment."

Manmohan Singh
Prime Minister, India

WATCH OUT  
Rules of the M&A Game: 2011  
14 years after it first came into effect and 23 amendments later, India's Takeover Code is about to change. On October 23rd, a new Takeover Code will determine the business of buying and selling companies in India. Starting this weekend 'The Firm' presents a special series 'Rules Of The M&A Game: 2011' to examine the impact of the new Takeover Code on Promoters, Acquirers & Public Shareholders.
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