New Delhi: Delhi Police on Monday said that they have arrested three persons who killed the member of their rival gang while he came to the court for attending his case. Police identified the accused as Badal (27), Satender (26)and Asfak Ahmed (24).Police said one of the accused arrested when he came to cast his vote. Deputy Commissioner of Police (crime) Dr G Ramgopal Naik said that on May 6, one person Prince was murdered near court in South Delhi. Also Read – Odd-Even: CM seeks transport dept’s views on exemption to women, two wheelers, CNG vehicles”Prince had come to the Delhi for attending his case. He was fired upon indiscriminately by the assailants near court,” said DCP crime. The victim was taken to hospital, where he was declared brought dead. Police further said that Prince was a known criminal and was involved in more than five cases. Preliminary investigation and modus operandi was indicative of rivalry between two gangs. This incident of firing and murder in open place in South Delhi had created panic. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarTo apprehend the criminals, a team of SIU-I, Crime Branch was deputed. Activities of the gang involved in the crime was closely monitored and it surfaced that gangster Rohit Choudhary along with his associates based in UP and Delhi had committed this crime. “Badal was arrested from village Khanpur, near DTC Depot when he came to cast his vote,” police said. In pursuance of the disclosure statement of the accused Badal, two of his other associates were also arrested. Police further said that there is rivalry between one Rohit Choudhary and Prince . In the recent past, the deceased had abused and threatened Choudhary publicly. Choudhary was trying to eliminate Prince. In earlier two attempts, the victim Prince had escaped from their clutches. But on May 6 they killed Prince. “Badal is a permanent resident of Samalkha in Panipat. Last year in November, while his marriage ceremony was going on, he was fired upon by his rivals. In this incident, he sustained bullet injury,” added police.
TORONTO — The Toronto stock market closed lower Wednesday amid a slew of earnings news and negative moves in commodity prices.Here are the closing numbersTSX — 12,775.28 -13.74 -0.11%S&P 500 — 1,520.33 +0.90 0.06%Dow — 13,982.91 -35.79 -0.26%Nasdaq — 3,196.88 +10.39 0.33%The S&P/TSX composite index declined 13.74 points to 12,775.28 while the TSX Venture Exchange was up 5.28 points at 1,204.23.The Canadian dollar gained 0.09 of a cent to 99.82 cents US.U.S. indexes were mixed as January retail sales met expectations, with the Dow Jones industrials down 35.79 points to 13,982.91.The Nasdaq was 10.39 points higher at 3,196.88, supported by Amazon.com Inc., which has struck a deal with CBS Corp. to expand the networks’s content made available to Amazon’s Prime video streaming service.Amazon stock ran up 4.16% to US$269.47. The S&P 500 index edged up 0.9 of a point to 1,520.33.U.S. retail sales ticked up 0.1% last month after a 0.5% rise in December. January’s increase was in line with expectations and was the smallest in three months after higher taxes cut into the wages of Americans.“However, given continued job gains through the start of this year, we are assuming that this slowing in sales will prove temporary and that greater strength will emerge going forward,” said RBC assistant chief economist Paul Ferley.Analysts think that trading is taking place amid rising caution as a March 1 deadline looms that would see steep automatic spending cuts take effect to the tune of US$85 billion.“I think there is some reluctance to do much. I think that’s why our market has more or less, the last couple of weeks or so, hasn’t done a darned thing,” said Fred Ketchen, manager of equity trading at Scotia Capital.“It’s teaching everybody to have a little bit more patience than they would like to have.”On Wednesday, Jacob Lew, President Barack Obama’s nominee for Treasury secretary, urged Congress to avoid those cuts, warning they would impose “self-inflicted wounds to the recovery and put far too many jobs and businesses at risk.”Talisman Energy Inc. recorded US$367-million or 37 cents per share in quarterly net income, beating forecasts of 16 cents a share. But the gain was mainly due to disposal of some assets and the company continued to feel the effects of low natural gas prices. Talisman posted revenue of $1.6 billion, which was $300 million less than what was expected. Its shares erased early losses and gained 26 cents to $12.82.Thomson Reuters posted US$497-million of adjusted earnings, or 60 cents per share in the latest quarter, compared with US$445-million or 54 cents per share in the fourth quarter of 2011. Net income attributable to common shareholders was US$372 million, compared with a year-earlier loss of US$2.6 billion. Thomson’s overall revenue, including discontinued operations, fell to $3.4 million from $3.6 billion, a five% decline. The company’s shares fell 70 cents to $30.02 as the company also forecast slow growth and tightening profit margins in 2013, and announced plans to cut 2,500 jobs.Cheese, dairy and bakery company Saputo Inc. had $130 million or 65 cents per share of net income in the latest quarter, a penny short of analyst estimates. Revenue at $1.8 billion also missed estimates by $100 million and its shares fell $1.12 to $49.70.In the U.S., farm and construction equipment maker Deere & Co. says its first-quarter net income jumped 22% to US$649.7 million or $1.65 per share. Revenue rose almost 10% to $7.42 billion. Analysts surveyed by FactSet had been expecting earnings of $1.39 per share on revenue of $6.73 billion and its shares lost $3.29 to $90.68.The information technology sector was the leading decliner, down 3.5% with CGI Group down $1.21 to $27.12 while BlackBerry dropped $1.25 or 8.2% at $14. The stock has lost about 20% since Jan. 24, days before the company unveiled its new BlackBerry 10 product line. However, the stock had rallied almost 200% from its low of $6.10, chalked up late last September.The gold sector fell about 1.65% as April bullion on the Nymex declined $4.50 to US$1,645.90 an ounce, its lowest close since last August. Eldorado Gold shed 35 cents to C$10.68.Consumer and telecom stocks also pressured the TSX.The utilities sector led advancers, up 0.39% as TransAlta (climbed 16 cents to $16.35.The March crude contract on the New York Mercantile Exchange gave up early gains to move down 50 cents to US$97.01 a barrel despite a much less than expected rise in U.S. inventories. The U.S. Energy Department’s Energy Information Administration said supplies rose by 560,000 barrels.A survey of analysts by Platts, the energy information arm of McGraw-Hill Cos., showed crude stocks were expected to have risen by 2.5 million barrels. However, other data released Tuesday had showed inventories declined last week.The energy sector was ahead 0.3% while Canadian Natural Resources gained 25 cents to C$31.80.March copper backed off from early gains and was unchanged at US$3.74 a pound. Still, the base metals sector was up 0.2% and First Quantum Minerals gained 16 cents to C$20.26.Here’s the news investors were watching today:Smart money says it’s time to buy AppleCan the new BlackBerry topple Apple’s iPhone?BCE ranks high in the 17 best stocks for big fat dividendsPrecious metals ruled the fund worldON DECK THURSDAYG20 finance ministers and central bankers meet in Moscow ECONOMIC NEWSBank of Japan announces interest rate decision UNITED STATES8:30 a.m.Weekly jobless claims: Economists expect CORPORATE NEWSCANADABarrick Gold Q4 earnings: Analysts expect $1.06 Goldcorp Q4 earnings: Analysts expect 46¢ CI Financial Q4 earnings: Analysts expect 35¢ Encana Q4 earnings: Analysts expect 31¢ Precision Drilling Q4 earnings: Analysts expect $1.15 Cenovus Energy Q4 earnings: Analysts expect 54¢ Canfor Q4 earnings: Analysts expect 14¢ UNITED STATESPepsiCo Q4 earnings: Analysts expect US$1.05 a share CBS Corp Q4 earnings: Analysts expect 71¢ Molson Coors Brewing Co Q4 earnings: Analysts expect 64¢ Campbell Soup Co Q4 earnings: Analysts expect 66¢ The J.M. Smucker Co Q3 earnings: Analysts expect US$1.39 Apache Corp Q4 earnings: Analysts expect US$2.30