End game for Kingfisher Airlines, big IT cos accused of abusing H-1B visa, coal scam rocks Parliament and other top stories of the day!

THE ECONOMIC TIMES Tue, Apr 23, 2013 | 04:53 PM IST Daily Newsletter

TCS, Infosys and Wipro abusing H-1B visa system: Senator Americans would be shocked to know that the H-1B visas are not going to Microsoft; they're going to these firms in India, Senator Richard Durbin alleged. Coal scam rocks Parliament, Opposition wants PM to quit; Sonia says 'no' "It is not acceptable that the government suppresses the truth. We demand that the PM resigns and the Law Minister should be sacked", Ravi Shankar Prasad said.

Story of The Day End of the road for Kingfisher? Banks to start stripping down airline's assets The consortium will now start the process of selling the physical assets of the company which includes the office spaces in Mumbai and a villa in Goa. read more

Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators

Popular Stories AirAsia creates another buzz, offers ticket to Thailand for Rs 5000 plus discounts Is this a good time to purchase gold jewellery? Lessons CEOs of IndiGo, GoAir, AirAsia & Virgin Atlantic picked up from chatty passengers

Market Watch 23 Apr | 04:53PM SENSEX 19179.36↑9.53 NIFTY 5836.90↑2.50 USD/INR 54.32↑0.19 GOLD (Rs/10g.) 26390.00↑27.00

Latest Updates BSE, NSE to shift 39 scrips to restricted category The scrips which would be shifted to the 'T' Group on both the bourses include Nath Seeds, Nicco Corporation, OCL Iron and Steel and SPL Industries. No application yet for setting up new pvt banks: Govt The Reserve Bank has not yet received any application for the setting up of more private sector banks under the new licensing norms. Alibaba pledges to combat fake goods Alibaba Group Holding Ltd said it will commit "as many resources necessary" to stop the sale of pirated goods on its Taobao shopping portals. Britain warns on currency of independent Scotland British finance minister has warned that an independent Scotland would sacrifice control over much of its economy if it stayed in a currency zone using the pound.

Gainers Losers 23 Apr, 2013, 04:53PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Alka India Ltd. 0.12 20.00 249379 0.12 0.10 Kesoram Industries Ltd. 115.70 19.96 430855 115.70 97.00 Ruchi Strips & Alloys Ltd. 6.28 19.62 650 6.28 4.50 Dolat Investments Ltd. 1.93 18.40 2 1.93 1.70 Integra Engineering India Ltd. 12.00 18.23 391 12.00 9.00

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