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Sensex losers, gainers this week
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
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Former BJP chief Bangaru Laxman convicted in Tehelka case
Bangaru Laxman is seen on a video grab from a hidden camera.
Credit: Reuters/Tehelka/Files
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.
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