SC pulls up govt & CBI on Coalgate

THE ECONOMIC TIMES Tue, Apr 30, 2013 | 07:48 PM IST

Baring Asia leads race to pick $240 mn stake in Lafarge India Ending weeks of discussions, Baring Private Equity Asia Group has emerged as the front runner to pick up a strategic 14 to 15% stake in Lafarge India. I-T returns may require disclosure of all assets In a bid to counter tax evasion, the Finance Ministry is contemplating making it mandatory for individuals and HUFs to report Indian assets in I-T return forms.

Story of The Day Coalgate: Don't submit to political masters, SC to CBI Coming down hard on both CBI and the govt, the Supreme Court questioned why it was kept 'in the dark' about sharing the probe report. read more

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Market Watch 30 Apr | 07:48PM SENSEX 19504.18↑116.68 NIFTY 5930.20↑26.10 USD/INR 53.77↓-0.44 GOLD (Rs/10g.) 26931.00↓-220.00

Latest Updates Gold falls on dollar, slower physical demand Gold edged lower as the dollar strengthened against the euro, while support from the physical market softened as major buyer China was on holiday. European markets firm on ECB rate cut talk European markets firmed as a sharp fall in euro zone inflation bolstered expectations of an interest rate cut by the ECB this week. Should aim at below 5% CAD in 2013-14: Raghuram Rajan Raghuram Rajan today said the country should aim at bringing down the current account deficit (CAD) to below 5 per cent in the current fiscal. Rajan pitches for raising FDI in insurance to 49 pc The Insurance Laws (Amendment) Bill, 2008, seeks to raise foreign investment cap from 26 per cent to 49 per cent. NGA plans to grow workforce in India by 25% NGA, a human resources software and services provider, today said it is planning to increase its India headcount by 25 per cent from the present 1,300 employees. Tight wallets threaten France with recession French consumers bought fewer cars, chairs, and clothes in the first part of the year, challenging the govt's pledge to steer growth

Gainers Losers 30 Apr, 2013, 07:48PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Alka India Ltd. 0.12 20.00 12400 0.12 0.10 Dr. Agarwal's Eye Hospital Ltd. 84.00 20.00 100 84.00 84.00 Petron Engineering Construction Ltd. 107.20 19.98 25779 107.20 96.00 Transchem Ltd. 28.80 19.75 1500 28.80 27.60 Ind Swift Ltd. 9.79 19.39 39720 9.84 7.90