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Spot fixing- BCCI chief’s son-in-law likely to be questioned

Meiyappan not head of Chennai Super Kings: India Cements

Cement major India Cements Ltd. Friday said that Gurunath Meiyappan, who has been summoned by Mumbai police for his alleged r…

  • AirAsia India launch seen in Q4; may order 50 more jets Reuters
    AirAsia India launch seen in Q4; may order 50 more jets

    By Alan Baldwin MONACO (Reuters) - AirAsia, which smashed order records for Airbus jets to become Asia's largest budget carrier, could buy another 50 planes as it targets aggressive expansion in India, Chief Executive Tony Fernandes said. Discussion of an order for another 50 A320-family jets, worth $5 billion at list prices, comes weeks ahead of the Paris air show and five months after the Malaysian carrier added 100 jets to its order book to lift total purchases to 475 planes. ...

  • Brazil's Santos decide to let Neymar go Reuters
    Brazil's Santos decide to let Neymar go

    RIO DE JANEIRO (Reuters) - Brazil's Neymar is on the verge of choosing one of two offers from un-named clubs, likely to be Spanish suitors Barcelona and Real Madrid, after Santos agreed on Friday to transfer him. Santos said they had ended a three-year fight to keep the 21-year-old, Brazil's big hope for next year's World Cup finals, and agreed to a transfer, giving him the right to choose which offer to accept. "In the face of the offers and the player's contract, the management committee of the club decided to sell the player," Santos said in a statement. ...

  • Travel Picks: Top 10 golf resorts around the world Reuters

    LONDON (Reuters) - If your idea of a nature hike involves driving an elusive ball over acres of meticulously manicured greens, then bookmark this list of premier putting destinations created with golf enthusiasts in mind, hand-picked by the boutique hotel experts Mr & Mrs Smith (www.mrandmrssmith.com). Fore! Reuters has not endorsed this list: 1. Primland; Virginia, USA Pristine Primland hotel in Virginia's Blue Ridge Mountains is an elegant estate surrounded by 12,000 verdant acres. ...

  • Judge rules against 'America's toughest sheriff' in racial profiling lawsuit Reuters
    Judge rules against 'America's toughest sheriff' in racial profiling lawsuit

    By Tim Gaynor and David Schwartz PHOENIX (Reuters) - Arizona lawman Joe Arpaio violated the constitutional rights of Latino drivers in his crackdown on illegal immigration, a federal judge found on Friday, and ordered him to stop using race as a factor in law enforcement decisions. The ruling against the Maricopa County sheriff came in response to a class-action lawsuit brought by Hispanic drivers that tested whether police can target illegal immigrants without racially profiling U.S. citizens and legal residents of Hispanic origin. U.S. ...

  • Chinese premier criticises EU move on trade measures Reuters
    Chinese premier criticises EU move on trade measures

    SHANGHAI (Reuters) - Chinese Premier Li Keqiang criticised the European Union over its plans to investigate alleged anti-competitive behaviour by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported. The official Xinhua news agency reported late on Friday that Li had told business leaders in Switzerland such measures would "harm others without benefiting oneself". Li is the most senior Chinese official to comment on the troublesome issue so far. ...

  • Syria opposition unity talks face spectre of collapse Reuters
    Syria opposition unity talks face spectre of collapse

    By Khaled Yacoub Oweis ISTANBUL (Reuters) - Syrian opposition talks aimed at presenting a coherent front at an international peace conference to end the civil war faced the prospect of collapse after President Bashar al-Assad's foes failed to cut an internal deal, opposition sources said on Friday. ...

  • Penguin exhibit at Florida's SeaWorld will get 10 tons of snow daily Reuters

    By Barbara Liston ORLANDO, Florida (Reuters) - SeaWorld Orlando opened its "Antarctica: Empire of the Penguins" on Friday, a new attraction that will be coated with 10 tons of fresh snow each day. To recreate a cold, dry climate suitable for penguins in hot, humid Florida, designers used airtight doors, humidifiers and air purifiers, SeaWorld said. Icicles and glittering ice crystals were created out of hand-blown Pyrex and glass. ...

  • Niko finds significant gas in India block; shares soar Reuters

    REUTERS - Canadian oil and natural gas producer Niko Resources Ltd said on Friday it made a significant gas discovery, along with its partners, in the KG-D6 block off India's east coast, sending its shares up 26 percent. Niko, which partners India's Reliance Industries Ltd and BP Plc , said the discovery is expected to add to the gas resources in the block, without revealing potential reserves. "It is a significant discovery in the sense that out of a half-inch choke you have got 2,000 barrels a day and over 30 million cubic feet a day of gas flowing ... ...

  • French, Niger troops kill Islamists holding out at Niger base Reuters

    By Abdoulaye Massalatchi NIAMEY (Reuters) - French special forces and Niger troops shot dead on Friday the last two Islamists involved in a twin attack on a military base and a French uranium mine in Niger claimed by the mastermind of January's mass hostage-taking in Algeria. Mokhtar Belmokhtar, a one-eyed veteran of al Qaeda's North African operations, said in a statement that his Mulathameen brigade organised Thursday's raids with the MUJWA militant group in retaliation for Niger's role in a French-led war on Islamists in Mali. ...

  • NSE to implement transaction tax cut as of June 1 Reuters
    NSE to implement transaction tax cut as of June 1

    Reuters Market Eye - The National Stock Exchange will reduce the securities transaction tax (STT) on equity futures to 0.01 percent from 0.017 percent from June 1, NSE said in a statement. Purchases of a unit in an equity-oriented fund will not attract any STT compared to 0.1 percent earlier, while sale of such units would have STT of 0.001 percent versus 0.1 percent previously, the NSE said. These changes in the STT were included in the budget unveiled for 2012/13 that has subsequently been passed by parliament. (Reporting by Abhishek Vishnoi)

  • England Under-21 winger Townsend charged in betting probe Reuters

    LONDON (Reuters) - England Under-21 winger Andros Townsend has withdrawn from the squad for June's European Championship in Israel after being charged by the FA with alleged betting offences. "The FA has announced it has charged Andros Townsend in relation to alleged breaches of its rules governing misconduct and betting," an FA statement said on Friday. "The Tottenham Hotspur player has been charged with breaches of Rule E8 (b) in relation to a number of betting offences." Players in England are not allowed to bet on competitions they take part in or have an influence over. ...

  • Zanardi hopes to make Indy 500 dreams a reality Reuters
    Zanardi hopes to make Indy 500 dreams a reality

    By Steve Keating INDIANAPOLIS (Reuters) - Alex Zanardi's dream of racing in the Indianapolis 500 continues to burn and team owner Chip Ganassi said on Friday that he has a car for his former champion whenever he is ready. But for the 46-year-old Zanardi, age, and not the fact that he is a double-amputee, is catching up with the two-time CART drivers champion who made an emotional appearance at the famed Brickyard for a reunion with Ganassi and his former team. ...

  • Stockholm calmer but violence spreads outside Swedish capital Reuters
    Stockholm calmer but violence spreads outside Swedish capital

    By Ilze Filks and Mia Shanley STOCKHOLM (Reuters) - A nearly week-long spate of rioting spread outside Stockholm on Friday but authorities said police reinforcements sent to the Swedish capital had reduced the violence there, even though dozens of youths set cars and a recycling station ablaze. The rioting - set off earlier this month by the police shooting of a 69-year-old man - continued for a sixth night in mainly poor immigrant areas in Stockholm. ...

  • Weekahead - Shares to track GDP, foreign inflows Reuters
    Weekahead - Shares to track GDP, foreign inflows

    Reuters Market Eye - The government will release January-March quarter GDP on Friday, which is expected to confirm the economy grew at its slowest pace in a decade in the 2012/13 fiscal year. GDP data should also show whether the economy has gained some traction after the government's reforms moves and RBI's rate cuts. Investors will also be eyeing whether strong foreign buying continues. ...

  • Wall St Week Ahead: Investors look for signs in the rally's break Reuters
    Wall St Week Ahead: Investors look for signs in the rally's break

    By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. Next week could make it harder to figure out, considering that the long Memorial Day weekend typically signals the start of the summer. The three major U.S. stock indexes posted a decline for the week on Friday, their first weekly loss since mid-April, raising some fresh worries that this year's rally may be weakening. ...