Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Court reserves order on plea for lodging of FIR against Naveen Jindal

Jan 14 2013, 18:38 IST
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Summary'Arguments have been heard. Put up for order on January 16'

advertising deal for not airing negative news against the firm in connection with the coal block allocation scandal. They were later granted bail by court on December 17.

Both Chaudhary and Ahluwalia had also filed separate criminal defamation complaint against Jindal and various other officials of JSPL.

In its complaint, Zee News Ltd had alleged that on October 18 last year, JSPL had filed a complaint before the chairman of Press Council of India (PCI) against them reiterating "false allegations of extortion" made in the complaint.

The PCI chairman had referred the complaint to the NBSA chairman who had issued notice to Zee News and had fixed the matter for October 31 for hearing, it said.

It had said NBSA Chairman J S Verma "took strong umbrage" to telephonic call by Jindal and had also refused to accept "a pre-prepared unconditional written apology" by his counsel.

It had said since CBI is probing coal block allocation case, "it may be with material which may reflect upon the conduct of this company and office bearers.

"Further as the accused persons have the modus operandi to call/contact the judges in their pending cases which are spread all over India thus it will not be feasible for the state investigating agency i.e. Delhi Police to investigate the same and for the proper and efficient investigation...," the channel had said.

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