It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Former BJP chief Bangaru Laxman convicted in Tehelka case
REUTERS - Bangaru Laxman, a former president of the Bharatiya Janata Party (BJP), was on Friday convicted by a Delhi court more than a decade after being caught on camera allegedly accepting a bribe from a journalist posing as an arms dealer.
Media reports said a special court held Laxman guilty of accepting 100,000 rupees in 2001 in what was later revealed to be a sting operation by the Tehelka website.
Laxman resigned as his party's president soon after the video footage was made public.
Laxman faces a maximum jail term of five years and has been taken into custody, media reports said. A sentencing hearing is scheduled for Saturday.
- Tweet this
- Share this
- Digg this