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INDUSTRIAL OUTPUT UP 10.8% IN OCT VS 4.4% IN SEP
Industr
SHORT-COVERING, IIP DATA SEE SENSEX RECOVER 266 PTS
Good IIP numbers and short-covering saw market snap 3-day losing streak. Nifty gained 90.85 points to 5,857.35 while Sensex closed at 19,508.89 points
TRAI WANTS 38 TELCO LICENCES CANCELLED
TRAI has recommended cancellation of 38 telecom licences including those held by Aircel, Etisalat, Telenor, Sistema, Unitech Wireless.
'WE HAVE NOT WORN THINKING HATS FOR 2,400 YRS'
Well known author Edward De Bono says "Thinking has to be taught as a subject. We have done nothing about it for 2,400 years."
TOP STORIES
•Parliament disrupted for 21st day over 2G
•No question of extension for SEBI chief Bhave
•2G probe: CBI to question A Raja
•No more leaks of Radia tapes: Govt tells SC
•2G probe: BJP targets Sibal, Cong hits back
•TRAI recommendations on 2G pricing this month
•FinMin writes to EPFO on suspension of LIC Hsg Invsts
•Andhra to consider microfinance bill on 14 Dec
•17 listed PSUs lack requisite independent directors
•Rupee rebounds by 16 paise, closes Rs 45.05/$
•A2Z IPO sails through; subscribed 0.96 times
•HDFC hikes deposit, lending rates by up to 75 bps
•Gail to set up 5,500 km gas connectivity over 2-3 yrs
•RBI can lift rates despite pause outlook
•Capital flows likely to exceed $50 bn in current fiscal
•PSU Banks pension liability shoots up over Rs 20k cr
•NPPA asks cos to pay Rs 2,000 cr for overpricing drugs
•India changes stance; accepts binding CO2 cuts
•China raises Reserve Ratio by 50 bps
•Pfizer Delved for Nigerian Corruption: WikiLeaks
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