The textile and real estate firm, Bombay Dyeing & Manufacturing Co Ltd disclosed share pledged by investors following the directives of market regulator, the Security and Exchange Board of India to divulge shares pledged by promoters of all listed companies.

The promoters of firm pledged 12.88 per cent or almost 5 million shares, as per its revelation before the National Stock exchange (NSE) under Regulation 8A of Securities and Exchange Board of India.

Gold touched new heights at Rs 15,200 per 10 gram in the morning trading in Delhi, in line with significant rise in gold prices in the international market. Another reason for high price in India was decline in Indian currency and stock market.

Stockists kept on buying the precious metal, considering it as the safest investment mode amid tight financial conditions under the impact of global slowdown. Asian investors have shown high interest in the metal in order to preserve their wealth in the wake of global slowdown, fearing grimmer situation ahead.

Much awaited 3G spectrum auction, a move to usher India in high speed Internet and mobile utility, is likely to be completed before the end of current financial year after the final decision of the Empowered Group of Ministers.

King Khan is finally recovering from surgery for a tear on his left shoulder muscle. He was operated yesterday after he returned from London. He was admitted to the Breach Candy Hospital in south Mumbai on Monday.

Shoulder specialist Dr Sanjay Desai, who performed the operation on the 43-year-old actor-producer said: "He resumed his normal diet and had a sound sleep. We have permitted him to go home."

Several rumors has been circulating industry regarding dumping of Rohan Antao by her fiancé Slumdog Millionaire star Freida Pinto. New turn has taken place in Freida and Rohan's story. It has been revealed that the couple had a secret wedding in Goa in December 2007.

A joint study by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG estimated that the media and entertainment industry will grow at 12.5 percent over the next five years to cross the Rs 1,00,000-crore mark by 2013. The report showed that it grew 15 percent annually since 2006 into an $11.68-billion industry in
2008.

The Study says: "In many ways, 2008 was a testing time for the industry. With the global economic slowdown affecting advertising spends, sectors like TV, print, radio and outdoor that depend on advertising revenues were affected."