SC Bars Airtel From Adding New 3G Clients | RIL Gas Output At All-Time Low | Sensex Up 127 Pts

Thursday, Apr 11, 2013 LEAD STORIES SC BARS AIRTEL FROM ADDING NEW 3G CLIENTS IN 7 ZONES  Bharti Airtel cannot add new 3G customers where it doesn't have licenses but can continue offering services to existing customers in the 7 zones. read more SENSEX UP 127 PTS AS BEARS RETREAT; NIFTY CLOSER TO 5,600  Markets rose to a 1-week high on record U.S. highs and on the back of solid 3.6% gain in Infy ahead of Q4 results and IIP data tom. read more RIL GAS OUTPUT AT ALL-TIME LOW; SHUTS 9TH WELL IN KG-D6  Gas output has fallen to 15.5 million standard cubic metres per day which is an all-time low & has shut its 9th well in eastern offshore KG-D6 block. read more INDIAN ECONOMY TO REMAIN SUBDUED: REUTERS POLL  Economists polled for the latest quarterly survey lowered their growth forecast for Asia's third largest economy for the eighth consecutive time. read more TOP STORIES • Mittal, Ruia appear in court in 2G scam case   • KG-D6 audit restarts; CAG officials in Mumbai   • Infy Q4 PAT seen down 3%, sales likely up 4% (QoQ)   • RIL's Q4 earnings might be flat   • RBI may issue inflation-indexed bonds in a month   • India-EU FTA talks 'almost there': Merkel   • AAI tells Kingfisher to clear dues, refuses any credit   • Cobrapost Expose: RBI action against ICICI, HDFC,Axis   • FM to pitch for ratings upgrade with Fitch, others   • Airtel, 11 others shortlisted for Myanmar telco licence   • Bad times force Anil Ambani to break tradition   • Essar Steel to refinance over Rs 20,000 cr debt by Sept   • CIL, NTPC end year-old scuffle on coal pricing   • PC sales drop 14% in Jan-Mar, sharpest fall on record   • Honda unveils diesel car Amaze for Rs 4.99-7.60 lakh   • Buyback sees iPhone 4 sales triple in 5 days in India   • Toyota, Nissan & Honda to recall 3.4 mn vehicles   • S Arabia to invest $133 bn in energy, water projs   • 'Emergency' in Brazil after flood of foreign migrants   • Playboy Bunny house on sale for $11 mn   more stories TOP VIDEOS Infosys May Guide To 8-9% Growth For FY'14: Rajat Rajgarhia, Head Of Research ,Motilal Oswal Sec   Pace Of Flows Into Indian Market Slowing Down: Dhruva Chatterji, Sr Research Analyst ,Morningstar   </ td> CNN-IBN EXCLUSIVE: I Was Not Present At The Scene Of The (1984) Riots & Witness Was Pressured Into Giving A Statement Against Me: Jagdish Tytler, Congress Leader   AT A GLANCE BSE 18542.2 +127.75 NSE 5594 +35.3 TURNOVER Rs. 176,873 cr BSE CASH Rs. 1,610 cr NSE CASH Rs. 10,389 cr NSE F&O Rs. 155,224 cr BULLION GOLD 29255 +25 SILVER 51820 +45 CRUDE NYMEX 94.29 -0.35 BRENT 105.2 -0.59 FOREX $ / Re 54.51 0 £ / Re 83.663 +0.26 € / Re 71.292 +0.19 EVENTS TO WATCH 12 April Infosys Q4 Results Delhi HC To Hear Merck's Plea IIP Data For February FM To Meet Fitch Ratings Officials IPL 6, Match 13, Delhi Daredevils Vs Sunrisers Hyderabad, Delhi 13 April SAT Hearing Sahara-SEBI Case 15 April India-EU FTA: Commerce Minister Will Meet EU Trade Commissioner At Brussels SC To Hear Ravi Ruia's Plea Challenging Summons Sent By 2G Court

"Actions are on the way. Scrutiny has been done, actions is being taken both in respect of systemic level and at the individual banks, I believe systems are largely safe. However, there is a need for some corrective action and based on the findings of the investigation, we will take corrective action." H R Khan Deputy Governor, RBI "Spectrum is a national resource. We had two unsuccessful attempts to auction it. It's quite clear that reserve price was too high. What I actually suggested is that you have a choice, you can either arbitrarily lower the reserve price or you can refer the matter back to the TRAI." Montek Singh Ahluwalia Deputy Chairman, Planning Commission "I'm the only person who arranged camps for the Sikhs and stayed with them. In my constituency I got people to stay in my house during the incident (1984 Riots) and also stopped a mob, I am 100 per cent open to probe in the 1984 riots case." Jagdish Tyler Congress Leader