Spot-Fixing Scandal
BCCI chief's son-in-law arrested
Mumbai Police apprehended Gurunath Meiyappan, a key official of the Indian Premier League's (IPL) Chennai franchise, late on Friday in connection with a spot-fixing scandal that has also led to the arrest of three cricketers. Full Article
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MARKET EYE-India's Titan jumps on July-Sept operating margins
* Shares in Titan Industries surge as much as 8.9 percent a day after posting better-than-expected operating profit margins for the July-September quarter, although its net profit was in line with estimates. * ICICI Securities said it expects Titan to post improved earnings in the second half of the fiscal year. * "We remain hopeful about a better second half on the back of the festive season and the onset of the wedding season," ICICI says in an email to clients. * Titan shares up 8.3 percent as of 0718 GMT. (manoj.dharra@thomsonreuters.com)
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