Saradha chief charged for fraud, gold demand surges, Google CEO's pay at $1 & other top stories of the day!

THE ECONOMIC TIMES Thu, Apr 25, 2013 | 06:19 PM IST Daily Newsletter

Demand for gold surges ahead of Akshaya Tritiya Most of the jewellers have been stocking for Akshaya Tritiya, the second biggest gold buying festival after Dhanteras, and weddings. Google CEO's pay at $1, four other executives get $124 million The breakdown disclosed in a filing consists mostly of stock awards, depending on how Google's stock price fares in the future.

Story of The Day Saradha chit fund scam: Govt to probe group companies, Sudipta Sen charged for fraud Sen, in a letter to CBI, threatened to commit suicide over his predicament, as he feared he would not be able to refund the public money. read more

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Popular Stories Gold crash causes collateral damage: Bullion banks invoke LCs worth Rs 4,000 cr on jeweller Winsome Psychiatrists report sudden rise in cases of depression among IT workers, Nasscom says all is well Kishore Biyani Vs Mukesh Ambani: Relatively younger Reliance Retail is fast catching up on market leader Future Group

Market Watch 25 Apr | 06:19PM SENSEX 19406.85↑227.49 NIFTY 5916.30↑79.40 USD/INR 54.14↓-0.13 GOLD (Rs/10g.) 26745.00↑357.00

Latest Updates Tata Sons to raise at least Rs 3 bn via bonds Tata Sons, the holding company of India's Tata Group, plans to raise at least 3 billion rupees ($55.17 million) via two separate bond deals. Cos expect sales to grow in next six months: Study Profit margins would remain constant at the present level as companies would not be able to raise the selling price. MHL keen to partner with Indian firms US based Mobile High- Definition Link (MHL) has said it is keen to establish MHL technology for mobile devices and work closely with Indian firms. Colgate profit meets Wall Street expectations Colgate-Palmolive's Q1 profit matched Wall St's expectations on Thursday, as the toothpaste maker raised prices and spent more to advertise new products.

Gainers Losers 25 Apr, 2013, 06:19PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Vikas GlobalOne Ltd. 144.05 19.99 28428 144.05 110.00 Yashraj Containeurs Ltd. 10.21 19.98 3345 10.21 9.90 Kerala Ayurveda Ltd. 37.20 19.81 101 37.20 29.25 Padmalaya Telefilms Ltd. 1.65 19.57 6500 1.65 1.36 Gontermann Peipers (India) Ltd. 9.50 19.50 2 9.50 9.25

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