bse-closes-points-240-08-up-on-dec-5

BSE closes points 240.08 up on Dec 5

New Delhi, Dec 05 (ANI): Trading at the Bombay Stock Exchange today closed 240.08 points up to stand at 20948.79. At the National Stock Exchange the Nifty closed 76.45 points up to stand at 6237.40. IDFC and ICICI Bank were among the top gainers of Group A with an increase of 6.88% and 6.74% along with IRB Infra and Yes Bank with an increase of 6.41% and 6.04% respectively, while the top losers of Group A include Strides Arco and Zee Entertainment Ltd. with a decrease of 14.60% and 3.29% along with Gitanjali Gems and Eicher Motors with a decrease of 3.01% and 2.86% at the close of the markets. The Auto sector is up 45.92 points at 12,242.13, while the banking sector is up 558.75 points at 13,291.51 and the realty sector is up 18.09 at 1,361.01.The Indian currency is up 0.34% at Rs 61.84 per dollar. Dec 5, 2013
subrata-roy-challenges-indian-regulators-to-prove-legal-lapses-against-group

Subrata Roy challenges Indian regulators to prove legal lapses against group

Kolkata, Nov 30 (ANI): Chief of Sahara conglomerate, Subrata Roy has said that he is ready to face challenges posed by the entire country to come clean on the valuation of its properties or liabilities to government regulatory bodies. Addressing a conference in Kolkata, Roy said that he is ready to be hanged if anyone can prove the charges against his group. Often dubbed as a billionaire by the Indian media, the Sahara chief had earlier been locked in a battle with the market regulator, Securities and Exchange Board of India (SEBI), over a bond scheme that the apex court deemed to be illegal, and was ordered by the regulator to provide details of his personal assets and two Sahara companies. Earlier this week, the apex court had barred Roy from leaving the country. His group had also been forbidden from selling any of its properties till the time the group would provide necessary documents to SEBI. Nov 30, 2013