Star India's Uday Shankar, already top dog in general entertainment, wants to prove his mettle again in sports TV. The hardnosed drive into sports is expected to add fat revenues at Star India.

The BSE benchmark Sensex on Monday surged the most in two weeks by jumping 326 points to close at 20,030.77 points on all-round buying led by a rally in RIL and Sun Pharma amid a firming global trend.

A string of negative factors weighed heavily on market as both benchmark indices, S&P Sensex and CNX Nifty, came off their nearly 30-month highs and tumbled 2.9 per cent and 3.3 per cent respectively during the week under review, snapping a five-week rally.

Finance Minister P. Chidambaram, not known to mince words, has warned corporate promoters against wilful defaults at a meeting with heads of state-run banks.

The 30-share Sensex plunged by about 692 points, while 50- scrip Nifty nosedived 221 points to register their biggest weekly fall in the current calender year.

Mahendra Singh Dhoni is India's most successful Test cricket captain. His 22nd victory as skipper, achieved in Hyderabad against Australia recently, took him past Sourav Ganguly's 21 victories

In the endorsement game, M.S. Dhoni, helped by his friend Arun Pandey, has gone where no other Indian sportsperson dared to tread. They created India's most valuable sports celebrity. Along the way, they also changed the rules of the endorsement game.

Production in the auto hub of Gurgaon came to a halt as auto leader Maruti Suzuki and two-wheeler giant Hero MotoCorp shut their plants. The losses due to the strike are estimated at Rs 26,000 crore.

Digital entrepreneurs are developing a host of mobile-based value-added services for everything from entertainment to payments and advertising, which could potentially change the way millions use their mobile phones. Business Today looks at some digital firms which will be at the vanguard of this mobile revolution.

It is the right time to completely deregulate fuel prices and limit petroleum subsidies to targeted users of kerosene.

Kingfisher Airlines Chairman Vijay Mallya has reassured employees that the airline will fly by summer with a Rs 650 crore infusion from the UB Group.

The future of the Chennai Open hangs in the balance with organisers struggling to arrange funding from sponsors and China and Turkey keen on taking the tournament away from India.

The BSE benchmark Sensex failed to hold on to mid-week gains and ended the week lower by 75 points at 19,242.00 due to tail-end selling from operators triggered by worries over the US budget issue.

Shares of Bharti Airtel fell 3 per cent on reports of the Central Bureau of Investigation (CBI) filing a chargesheet against the company.

The Sensex dropped by 211.92 points, or 1.09 per cent, to 19,242 led by realty, metal and healthcare sectors. The broad-based National Stock Exchange index Nifty dropped by 68.70 points, or 1.16 per cent, to 5,847.70.

Some revolutions are violent, some are quiet. India's telephone revolution has been life-transforming.

Events of the fortnight that you may have missed: Featuring Maruti Suzuki's launch of Maruti Alto 800, fresh troubles facing Kingfisher Airlines, Suzlon's Tulsi Tanti deals with FCCB trouble and more.

On the pricing front, Apple's new iPhone is expected to retail around the same price of the iPhone 4S - around Rs 44,500.

Given the move towards compulsory digitisation of cable TV service in the country, the recent announcement by the government approving a hike in foreign direct investment across all TV distribution platforms is a welcome move.

The two companies have an equal partnership in wholesale business and the Indian partner is hopeful of replicating it in the retail business, following government's decision to allow up to 51 per cent FDI in multi-brand retail.