Pakistan Plane Diverted
UK fighters escort Pakistan plane to airport, 2 arrests
British fighter jets escorted a Pakistan International Airlines passenger plane to Stansted Airport near London on Friday, where police went on board and arrested two men on suspicion of endangering an aircraft. Full Article
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MARKET EYE-Indian financials gain on hopes for banking bill
* Shares of non-banking financial companies gain on hopes parliament will pass the banking amendment bill after Finance Minister P. Chidambaram says the government has reached an agreement with the opposition. * The bill would set the regulations required to open up the lending sector to outside companies. * Companies that investors believe will be among the first to obtain a license gain strongly: L&T Finance Holdings gains 4.9 percent, Mahindra & Mahindra Financial Services gains 3.8 percent, while Reliance Capital is up 4.5 percent. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.reuters.com@reuters.net; manoj.dharra@thomsonreuters.com; /; manoj.dharra.reuters.com@reuters.net)
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