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-Indian shares edge higher; Tech stocks up on Q3 hopes
* The BSE index gains 0.09 percent, while the NSE index is up 0.1 percent. * Technology stocks gain on expectations of better-than-expected third-quarter earnings for IT companies when they report results starting later this month, dealers say. * Infosys gains 1.1 percent, Tata Consultancy Services is up 1.3 percent, while Wipro 0.8 percent higher. * Shares in India's Jet Airways gain 6 percent, a day after a senior Indian government source told reporters the carrier was the front-runner to win an investment from Etihad Airways. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.reuters.com@reuters.net)
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