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SC issues notice to Guj govt on Jaswant's plea on book ban
The Supreme Court today issued notice to the Narendra Modi government on a petition filed by expelled BJP leader Jaswant Singh challenging the order banning his controversial book on Muhammad Ali Jinnah in Gujarat.

IMF wants India to eliminate mandatory investment norms
The International Monetary Fund (IMF) wants India to gradually eliminate the norms that make it mandatory for banks and other saving funds to park a portion of their funds in government securities.

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Bharati abides by Sebi advice, revises open offer
Bharati Shipyard said its open offer to acquire 20 per cent stake in Great Offshore was being revised, and it was now under Section 10 of the Takeover Code as advised by the Securities and Exchange Board of India (Sebi).
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Sensex ends up 47pts

The Sensex finally ended (provisional) with a gain of 48 points at 17,147. The Nifty was up 17 points at 5,129. ____________________________________________________ The market breadth is positive, out of 2,850 shares traded, 1,716 have advanced and 1,039. The capital goods index has soared 1.5% to 13,774 and the power index is up 1% at 3,038, respectively.


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