25 December 2010

CNBC TV18- Business Update- 25.12.10

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LEAD STORIES
SENSEX REBOUNDS 90 PTS, RCOMM SURGES 10%
Sensex settled at 20,073.66 points on emergence of buying in blue-chips. Nifty closed 31.60 points up at 6,011.60.

FINALLY, CBI RAIDS PREMISES OF KALMADI IN DELHI, PUNE
The Central Bureau of Investigation searched residential premises of embattled Commonwealth Games Organising Committee chief Suresh Kalmadi.

YET ANOTHER SCAM: OFFICIALS STOLE GRAIN FROM POOR
Millions of dollars worth of food grains intended for the poor have been siphoned off and sold locally and abroad.


TOP STORIES
•2G scam: CBI grills Raja for 8 hrs
•PM questions Pawar on rising onion prices
•India Inc mops up record Rs 2 lk cr funds in 2010
•Panel grills Civil Aviation officials on steep airfares
•Banks wary of MFIs; prefer lending to self-help groups
•Bharti to sell stake in Bharti-AXA Mutual Fund
•Stock exchanges may be listed but on rival bourses
•Indian consortium gets 1 mth to counter Riversdale bid
•Commodity exchanges to start sugar futures on Dec 27
•Tyre maker Ceat to stick to marginal price hikes
•Hero Group seeks bids for stake sale from PEs
•GSPC discovers 'huge reservoir of gas' in Ankleshwar
•Welspun buys 35% in Leighton for Rs 470 cr
•BSE to launch Shariah-compliant index
•Apollo to pay $1.2 bn for Credit Suisse property loans
•China News Service's launches magazine in India
•Toyota to pay $10 mn in runaway Lexus crash
•Activist Dr Binayak Sen sentenced to life
•Chandrababu Naidu breaks his 8-day long fast
•Dear Santa-ji...Thanks, Manmohan

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