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New Delhi, July 10 (IANS) The Central Vigilance Commission (CVC) has received 20,000 complaints so far and taken up 1,000 for investigation, while 20,000 people have received punishment for corruption-related offences, a top official said here Tuesday. Revealing this at an event here, Vigilance Commissioner R. Srikumar said that the CVC's 'VIG EYE' - a citizen-centric initiative - has also helped in tackling corruption in a big way. Addressing a "Face to Face with the government" as part of the FICCI Ladies Organisation or FLO event, Srikumar said people could SMS or email any complaint of graft against any government official to the number - 922317440. He said the CVC was trying to acquire a simpler number that the public would find easier to remember. "Any audio, video, or even hand written evidence, of demand for bribe can be sent to VIG EYE, and the date and time of complaint as well as the location will get automatically uploaded," he said He said there were some "glitches" still with the site that were being worked out, like making it accessible to BlackBerry users and also making it compliant with Android software. "You can also do a sting and upload it on the site," Srikumar added. "Citizens should act to fight corruption for a better future," he added.
New Delhi, July 10 (IANS) The Society of India Automobile Manufacturers (SIAM) Tuesday cut passenger car sales forecast to 9-11 percent for the current financial year owing to weak macro-economic conditions. Three months earlier, the industry association had projected the segment would grow by 10-12 percent. "The cost of car ownership has gone up by 2 to 4 percent in recent months and there has been a moderation of per capita income. There is pressure due to high fuel prices and interest rates," S. Sandilya, SIAM president, told reporters here. According to SIAM, during the April-June period passenger car sales grew 5.22 percent to 4,90,802 units, compared to 466,452 during the like period of the previous financial year. The total vehicles sales during the period under review stood at 44,74,627 units, up 9.94 percent against 40,69,995 units in the like period during an year ago. Two-wheeler sales rose by 10.51 percent to 35,19,529 units during the April-June period from 31,84,774 units in the corresponding period last year. While Motorcycle sales during the quarter under review rose by 6.79 percent to 26,28,949 units, scooter sales had a growth of 29.14 percent to 6,87,333 units in April-June period this year. The overall automobile exports registered 1.22 percent negative growth during the period under review.
Mumbai, July 10 (IANS) In a broad-based rally, a benchmark index of Indian equities markets Tuesday surged 226 points on positive cues from European bourses and hopes of better-than-expected quarterly earnings in interest-sensitive stocks. All sectoral indices closed in the green. Buying was led by banking, auto, capital goods and FMCG stocks. Shares of Anil Ambani-led Reliance group companies such as Reliance Communications, Reliance Capital, Reliance Infrastructure and Reliance Power jumped 3-7 percent on the back of huge volumes. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,431.68 points closed at 17,618.35, up 1.30 percent or 226.37 points from its previous close at 17,391.98 points. The BSE mid-cap was up 68.49 points and small cap was higher by 54.77 points. The wider 50-scrip S&P CNX Nifty of the National Stock Exchange also closed 1.33 percent higher at 5,345.35 points. The Sensex was trading over 79 points in the early trade. It extended gains after European markets opened strong Eurozone finance ministers agreed on the terms of a bailout for troubled Spanish lenders. The rupee also appreciated against the dollar. The BSE capital goods index was up 175.73 points, while the FMCG index and the automobile index were 85.18 points and 151.67 points up respectively. Major Sensex gainers were Hindalco Inds, up 2.74 percent at Rs.127.60; Maruti Suzuki, up 2.72 percent at Rs.1,221.30; ITC, up 2.71 percent at Rs.258.15; Tata Motors, up 2.58 points at Rs.246.40 and Sterlite Inds, up 2.46 percent at Rs.108.30. The only two Sensex losers were Wipro, down 0.36 percent at Rs.384.50 and NTPC, down 0.03 percent at Rs.159.75. In the Asian region, the Japan's Nikkei closed 0.44 percent down, Hong Kong's Hang Seng closed 0.16 percent down and China's Composite index closed 0.29 percent down. At closing bell here, European markets were trading in the green. France's CAC was up 1.34 percent and so were Germany's DAX, up 1.41 percent, Britain's FTSE 100, up 0.94 percent.
Mumbai, July 10 (IANS) A benchmark index of Indian equities markets Tuesday rose 146 points in afternoon trade with more buying in automobile, consumer durable and banking stocks. It was trading over 79 points in the early trade. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,431.68 points and was trading at 17,538.45, around 2 p.m., up 0.84 percent or 146.47 points from its previous close at 17,391.98 points. The BSE mid-cap was up 56.27 points and small cap was higher by 46.95 points. The wider 50-scrip S&P CNX Nifty of the National Stock Exchange also was trading 0.84 percent higher at 5,319.55 points. The BSE automobile index was up 140.29 points, while the consumer durable index and the banking index were 75.03 points and 138.31 points up respectively. Major Sensex gainers were Tata Motors, up 2.52 points at Rs.246.25; Jindal Steel, up 1.92 percent at Rs.452; Maruti Suzuki, up 1.90 percent at Rs.1,211.60; Dr Reddys Lab, up 1.47 percent at Rs.1,666.90; Larsen and Toubro, up 1.45 percent at Rs.1,409. The main losers were NTPC, down 0.94 percent at Rs.158.30; Tata Power, down 0.59 percent at Rs.100.80; Hindustan Unilever, down 0.41 percent at Rs.441.85; Tata Steel, down 0.13 percent at Rs.436.50 and Wipro, down 0.08 percent Rs.385.60. Among other Asian markets, Japan's Nikkei closed 0.44 percent down, while Hong Kong's Hang Seng closed 0.16 percent lower. China's Shanghai Composite index fell 0.29 percent.