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-Jet Airways, Kingfisher gain on Etihad talks
* India's Jet Airways Ltd extends gains for a sixth day, up 1.5 percent, while Kingfisher Airlines Ltd is up 2.7 percent as Etihad Airways enters in the final stages of talks to buy a stake in either of them. * Buying into Jet is seen as more lucrative for Etihad as the two carriers already have a code-sharing agreement and could target the market share of state-owned Air India and Dubai-based Emirates Airline. * But a stake in Kingfisher would be cheaper, analysts say. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.reuters.com@reuters.net)
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