Gartner Raises Global IT Spending Outlook To $3.73 Trillion; Sensex Up 50 Pts, Nifty Hits 6,000; Ex-directors Of Satyam Win Ruling In U.S. Court

Thursday, Jan 03, 2013 $100 MN HINDU TEMPLE BUILT NEAR HOLLYWOOD   One of the biggest Hindu temples built at a whopping cost of $100 million near Hollywood city in Los Angeles, the 68th Swaminarayan temple has become a major draw for its grandeur and environment-friendly design. The temple has been built using 35,000 pieces of meticulously hand carved Italian Carrara marble and Indian Pink Sandstone, temple officials said. read more   LEAD STORIES GARTNER RAISES GLOBAL IT SPENDING OUTLOOK  Worldwide IT spending is projected to reach $3.73 tn in 2013, a 4.2% increase from $3.58 tn in 2012, research firm Gartner said today. read more SENSEX UP 50 PTS, NIFTY HITS 6,000; BUT SEES PROFIT BOOKING  Markets ended at 2-yr closing highs, but saw profit booking after yesterday's rally. Sensex ends at 19,764.78. Nifty ends at 6,009.5, up 16 pts. read more EX-DIRECTORS OF SATYAM WIN RULING IN U.S. COURT  A U.S. federal judge ruled that the lawsuits failed to allege that 7 former directors of Satyam Computer recklessly failed to discover the fraud. read more TOP STORIES • Disclose price-sensitive info to bourses first: SEBI   • Global mkt loses steam as U.S. budget battles loom   • Transformation of agri should be top priority: PM   • Etihad discussion on, await announcement: Jet Air   • IGL keen to buy ADB stake in Petronet LNG   • Tata Power Mundra snaps power to Rajasthan discoms   • Maruti Suzuki Dec sales rise 3% at 95,145 units   • Now, Chinese auto giant eyes Gujarat   • Real estate firms under lens for service tax evasion   • EGoM on Telecom to meet again on Jan 7   • GoM meet on Coal Regulator Bill postponed again   • Hindujas set to acquire Belgian media firm Alfacam   • Drug trials in India causing havoc to human life: SC   • At $24.7 bn, Mukesh Ambani 18th richest man in world   • Stalin will be my successor: DMK chief Karunanidhi   • Court takes cognisance of defamation plea agnst Jindal   • Gang-rape: Delhi police files 1,000-page chargesheet   • 2nd ODI, Kolkata: Pak beat India, win 3-match series   • Al Jazeera acquires Al Gore's news network   • CIA links to movie "Zero Dark Thirty" examined   more stories TOP VIDEOS Stop Lusting For Gold, Brace For Diesel Hike: Dr C Rangarajan, Chairman, PMEAC   Offtake Target Bigger Challenge Than Production: S Narsing Rao, CMD, Coal India   We Estimate Concentration Of Volatility In Q1-2013: Nandan Chakraborty, MD - Institutional Equity Research, Axis Capital   AT A GLANCE BSE 19764.78 +50.54 NSE 6009.5 +16.25 TURNOVER Rs. 108,472 cr BSE CASH Rs. 2,663 cr NSE CASH Rs. 12,494 cr NSE F&O Rs. 71,696 cr BULLION GOLD 31003 -39 SILVER 58751 -187 CRUDE NYMEX 92.83 -0.29 BRENT 112.01 -0.46 FOREX $ / Re 54.5 +0.16 £ / Re 88.048 -0.06 € / Re 71.413 -0.07 EVENTS TO WATCH 4 January GoM Likely To Meet On Coal Regulator ASSOCHAM's Seminar On Oil & Gas In India, Hotel Le Meridien, New Delhi 9 January ASSOCHAM's 8th Annual National Conference On Capital Market: Confidence Building Measures For Retail Investors, Taj Lands End, Mumbai 11 January Infosys Q3 Results, Overdrive Awards, New Delhi 11-13 January 6th Vibrant Gujarat Summit, Gandhinagar

"This transformation of the agriculture sector must be the top priority concern of our public policies, including science and technology policies. We need new breakthroughs in water-saving technologies, in cultivation, enhancement of land productivity and development of climate-resilient varieties." Manmohan Singh Prime Minister When the I&B ministry issues an advisory, it is not trying to regulate or gag (TV channels), but only re-apprising them that there are statutory obligations...If somebody takes umbrage to that or says that we are trying to restrict the freedom of press or freedom of speech and expression, I would like to say that it is completely erroneous. That is neither the intent nor is it advisable in a very healthy democracy. Manish Tiwari I&B Minister "Uncontrolled clinical trials are causing havoc to human life.There are so many legal and ethical issues involved with clinical trials and the government has not done anything so far." Justice RM Lodha Supreme Court