27 November 2010

INDIA BUSINESS UPDATE - Top headlines from SEBI, Lavasa, Asian games ; CNBCTV18

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SENSEX SHEDS 181 PTS ON HOUSING LOAN RACKET
Sensex slumped as the housing loan racket continued to hammer realty stocks. It settled at 19,136.61, Nifty tanked 47.80 points to finish at 5,751.95.

DEMOLITION THREAT ON LAVASA CITY BLDGS
The Environment Ministry has issued a showcause notice to Lavasa Corporation for carrying out construction activities without its approval.


ASIAN GAMES DAY 14: INDIA MEDAL TALLY AT 64
India continued their golden run as star pugilist Vijender Singh punched his way to seal the 14th gold.

•2G scam: Logjam in Parliament for 11th day
•CBI probe into 21 cos in housing loan racket
•Housing loan racket a bribery case, not fraud: CBI
•Vodafone gets SC nod to wire-transfer Rs 2,500 cr
•M&M to buy 5.5% of BT stake in Tech Mahindra
•Rupee ends at 10-week low of 45.84/$
•India to auction foreign debt limits on Dec 2
•SC notice to K'taka govt on iron ore export ban
•No directions to lenders to cut real estate exp: FinMin
•MOIL IPO subscribed 0.76 times on Day 1
•Shipping Corp sets FPO price band at Rs 135-140/sh
•Claris Life cuts IPO price band, extends issue close
•ChrysCapital buys 12% stake in Pratibha for Rs 100 cr
•Steel Strips in talks with Korean co for stake sale
•Showcause notice issue to Jindal's Orissa plant
•Kerala ports open to private invst upto Rs 4,000 cr
•I-T dept inks Rs 50 cr deal with BSNL, gets Blackberry
•West Bengal worst among the 5-highly indebted states
•Nitish Kumar sworn in as 32nd CM of Bihar
•China issues warning ahead of US-S Korea drills

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