Bharti Ends Talks With RIL To Sell Insurance JVs Stake; Sensex Falls 163 Pts On EU Fears

Friday, Nov 25, 2011 LEAD STORIES BHARTI ENDS TALKS WITH RIL TO SELL INSURANCE JVs STAKE   Bharti Enterprises said it has mutually agreed to terminate negotiations with RIL to sell its stake in two insurance JVs that it has with France's AXA read more SENSEX FALLS 163 PTS ON EUROPEAN UNION FEARS   Weak investor confidence globally saw heavy selling in oil & gas, technology, auto and metals counters. Nifty fell 46.40 pts to 4710.05. read more TOP STORIES • Protest in Parliament as Govt allows FDI in retail   • Will set Walmart on fire, threatens Uma Bharti   • Retail policy to create 10 mn jobs in 3 years: Sharma   • FDI in retail to help, says RBI Governor   • Corporate America hails Indian govt's FDI reforms   • Parliament logjam costs Rs 12 crore in four days   • Pvt power cos seek changes in bidding guidelines   • Re falls by 19 paise to 52.25/$ on capital outflows   • Indian IT cos pay world's worst salaries: Study   • IIM placements like cattle fair: Tata HR head   • DoT fears loss of revenue in 3G roaming pact   • RBI unveils 10-pt 'good governance' list   • 2G Trial: No bail for Kani, hearing on Monday   • Man, who slapped Pawar, sent to Tihar Jail till Dec 9   • J Dey murder: Mumbai police arrest woman journalist   • 26/11 attacks: 3 years on, Kasab yet to be executed   • Australia approves $11 bn Foster's sale to SABMiller   • China factory unrest flares as global economy slow   • Tendulkar misses 100th international ton by six runs   • Music Kolaveri crosses 4 mn mark on YouTube   more stories TOP VIDEOS Expect Billions Of Dollars In FDI Inflows: Anand Sharma, Commerce Minister   Cabinet Nod For FDI In Retail Step In The Right Direction; Shall Gain From Re Depreciation As Exports Outweigh Imports: Harsh Goenka, Chairman, RPG Group   Organised And Unorganised Retail Can Co-exist In India: RP Singh, Former DIPP Secretary   India Might Decouple From Global Worries In 12 Months: Ramit Bhasin, MD & Head - Markets, RBS   AT A GLANCE BSE 15695.43 -163.06 NSE 4710.05 -46.4 TURNOVER Rs. 97,718 cr BSE CASH Rs. 2,113 cr NSE CASH Rs. 9,896 cr NSE F&O Rs. 85,709 cr BULLION GOLD 28367 -182 SILVER 54415 -836 CRUDE NYMEX 95.95 -0.22 BRENT 106.63 -1.15 FOREX $ / Re 52.25 +0.19 £ / Re 80.862 +0.21 € / Re 69.173 -0.31 EVENTS 26 November Prime Minister M To Meet Airlines Chiefs, New Delhi Symposium On International Commercial Arbitration, Marriott, Ahmedabad International Business Conference On 'The Role Of Islamic Banking For Infrastrucural Growth Of India', Hotel Hyatt Regency, Mumbai 28 November 2G Case: Kanimozhi's Bail Plea To Be Heard At The Delhi High Court 3 December CII CFO Summit 2011, Taj President-Vivanta, Mumbai 8-11 December The INK Conference In Association With TED, Jaipur EXPERT VIEWS "Allowing foreign direct investment in multi-brand retail is important for India's overall economic growth and in controlling inflation." D. Subbarao Governor, Reserve Bank Of India "The changes in the bidding guidelines sought by power producers include the fuel availability risk of domestic coal, the price risk due to change in prices of the fuel in coal-exporting countries, delay or denial in environment and forest clearance pertaining to coal blocks, etc." KC Venugopal Minister Of State For Power "The fact remains that we are not insulated, whatever happens in euro zone affects us too. In the last few days, foreign institutional investors have been withdrawing and that's been having an effect on the rupee." R. Gopalan Secretary, Dept Of Economic Affairs WATCH OUT   Capitalism in Crisis   This week we ask why the western model of capitalism is at a cross roads. Klaus Schwab of the World Economic Forum, billionaire investor Warren Buffett, Richard Levin, President, Yale University, Stuart Hart, Co-Author of Fortune at the Bottom of the Pyramid and Arun Maira of the Planning Commission, help us dissect the symptoms and understand the cause of the problem. We also ask business leaders Wim Elfrink of Cisco, B Muthuraman of Tata Steel, Adi Godrej and Anu Aga what conscious capitalism is all about. SHOW TIMINGS Sat 9:30 pm Sun 9:00 pm