Saturday, October 01, 2011
To pull out all you people and the markets from depression - We ask you - who is the sexiest business/news channel anchor ?
Please provide the name, where they appear, why they are sexy and preferably link to the picture :-) - Rating is allowed for both women and men!
Go ahead folks, leave a comment !
After a massive fall in the previous week, the Indian markets closed this week on a higher note. The Sensex rose 1.8% and the Nifty gained 1.55%
Major news for the week
Food inflation at 9.13% versus 8.84%
Cabinet approves new Mining Bill
CBI probes Anil Ambani in 2G scam
German parliament passes expanded euro fund
ONGC approves Cairn-Vedanta deal
Finance Ministry considers trimming STT
Govt may put divestment plans on hold
Indian court rules against Tata in Singur land case
Indian economy will continue to grow: Pratibha Patil
Shares of ADAG companies have taken a severe beating amid media reports that the CBI has offered the three executives of the Anil Ambani group companies to turn approvers in the ongoing 2G trial. Reports also said that the CBI continues to probe Anil Ambani's alleged role in the controversial Swan Telecom deal.
Reliance Capital was down nearly 12% at Rs. 315, while Reliance Infrastructure was down 7% at Rs. 373. RCOM was down 7.6% at Rs. 71 while Reliance Power was down ~4% at Rs. 76.80. Reliance Broadcast Network was down ~13% at Rs. 69while Reliance MediaWorks was down ~6% at Rs. 90.95.
Indian stock indices gained modestly in a fairly choppy week. The 2G scam hit the headlines again. There was some relief in the form of Germany’s lawmakers voting in favour of boosting the eurozone rescue fund. However, markets are still skeptical about Europe’s various plans to prevent Greece from defaulting and contain the credit crisis. The US economy is not exactly pulling away either. Data also showed stagnation in China’s manufacturing output.
The 2G scam resurfaced to haunt the Government, this time through a Finance Ministry note that seemed to indicate that P. Chidambaram, who was the Finance Minister during 2008 could have prevented the shenanigans of disgraced Ex-Telecom Minister A. Raja. The top brass of the Government went into a tizzy and took a lot of pain to dismiss the relevance and importance of the note. The controversial note came to light while the Prime Minister and the Finance Minister were away in the US for the annual meetings of the World Bank and IMF.