Wednesday, February 2, 2011

Ex-Telecom minister A Raja finally arrested


Raja finally nailed by CBI
DMK leader and former communications minister A. Raja was Wednesday arrested after CBI questioned him for hours together in connection with the the 2G spectrum scam for the second time this week.
Along with him, CBI also arrested his aides RK Chandolia and Siddharth Behuria.
Raja has been arrested under sections 120B, 13(2), 13(1D) of Prevention of Corruption Act on the charges of criminal misconduct, violation of policies and favouring some specific companies during the grant of 2G spectrum licences.
"Based on the fact so far in the investigation in 2G spectrum scam, CBI today in the case of unified access license and irregularities in spectrum arrested A Raja, former telecom secretary Siddharth Behuria and RK Chandolia, personal secretary to Raja. Earlier CBI registered a case against unknown officials of Department of Telecom and private persons," said CBI (DIG) Anurag.
More arrests are likely in the case with sources saying that former Telecom Regulatory Authority of India chairman Pradeep Baijal and Raja's brother AK Perumal are also under CBI's radar.
Raja, who reached the CBI headquarters here Wednesday morning for further questioning, had also been quizzed Dec 24 and 25, 2010. The CBI had on Tuesday quizzed Perumal and a close associate in connection with the Rs 22,000 crore 2G spectrum scam.
The Supreme Court had asked CBI and Enforcement Directorate to submit status reports on their investigations into the 2G spectrum case to it by February 10 when the case will come up for further hearing.

NIFTY NEXT-Nifty Trading Range for 02 Feb 2011

Nifty-Spot today may Trade with Huge volatility within the Range of 5449-5515.VIX is increased in last trading session and it is now at 23.73. Nifty Next Price Forecaster has touched its Bottom level. A Bounch- Back is there at lower bottom today 02 Feb 2011. As per our NNI-Nifty next Indicators which  declined in the last Trading session hugely, suggest that today  02Feb 2011,Nifty may again see Sell-Off from Higher levels. Closing above 5515 will be Safe for Buyers.Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

Tuesday, February 1, 2011

DOW JONES INDUS. AVG is Trading Positive on 02 Feb 2011-.DJI 1Min TechnicalChart

DJI is now Trading with Positive note at 12017.70 up by 126.43 point .It is Trading Hihger by +1.06%.
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