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Edition: U.S. Article Comments (0) Full Focus Editor's choice A selection of our best photos from the past 24 hours. Full Article Follow Reuters Analyst Research Report Title Price Unitech Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $10.0 Buy Wright Investors Service Comprehensive Report for Unitech Limited Provider: Wright Reports $75.0 Buy Wright Industry Averages: Construction (Asia) Provider: Wright Reports $169.0 Buy Wright Investors Service Core Report for Unitech Limited Provider: Wright Reports $35.0 Buy Momentum Pick Provider: ICICI Direct $25.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. India police broaden graft probe; shares take a hit Tweet Share this Link this By Rajesh Kumar Singh and Paul de Bendern NEW DELHI, Feb 18 (Reuters) - Indian police raided a television station linked to the government on Friday, as a widening investigation into a corruption scandal threatened the coalition and worried... Email Print Factbox Indian government hit by corruption scandals 4:57am EST Analysis & Opinion Unitech shares jump more than 9 pct PM defends himself in corruption scandals Related Topics World » Stocks By Rajesh Kumar Singh and Paul de Bendern NEW DELHI | Fri Feb 18, 2011 6:35am EST NEW DELHI Feb 18 (Reuters) - Indian police raided a television station linked to the government on Friday, as a widening investigation into a corruption scandal threatened the coalition and worried investors sent blue-chip stocks lower. Prime Minister Manmohan Singh is under growing pressure over his role in the illicit sale of mobile phone licenses, although he has said he would not resign, blaming the debacle on his sacked telecommunications minister, who is now under arrest. The blue-chip Sensex index turned negative after news of the raid, closing 1.6 percent lower . Investors are concerned the deepening probe will raise the possibility of license revocation, which would damage key telecoms firms. Mumbai is the world's worst performing major stock market this year, with losses of 11 percent. "Raids have been carried out today on the offices of Kalaignar TV in connection with the 2G scam," said a Central Bureau of Investigation (CBI) official, who declined to be named. The raids followed allegations that companies linked to Swan Telecom, under investigation in the sale of 2G mobile licenses, had paid $47 million to the channel owned by the family that runs the Dravida Munnetra Kazhagam (DMK) party. The south India-based party is a member of Singh's Congress party-led coalition, helping it maintain a slim majority in parliament. The DMK has denied any wrongdoing, as has Swan Telecom, now partly owned by the UAE's Etisalat. The DMK, from the state of Tamil Nadu, is not expected to leave the coalition but the investigation is testing its links with Congress and could put pressure on it to decide whether to stay in the alliance. The corruption scandal has shaken India's business elite and shows no signs of abating. Billionaires Anil Ambani and Prashant Ruia have both been questioned by the CBI, something unheard of in India in recent times. Shares in companied linked to the scandal have suffered. Reliance Communications, India's No. 2 mobile phone operator controlled by Anil Ambani, fell 6.8 percent on Friday. The Sensex is down 11 percent this year, the worst performers among major Asian markets, with worry about graft keeping investors on edge. "FIIs (Foreign institutional investors) don't know how deep is the corruption mess yet. So, they are either staying away or exiting when they have an opportunity," said Prakash Diwan, head of institutional business at Networth Stock Broking in Mumbai. The CBI is investigating whether Swan Telecom, now renamed Etisalat DB, paid a bribe to the DMK in exchange for the former telecommunications minister and senior DMK member, Andimuthu Raja, giving the company a mobile phone license. The investigation of the sale of licenses in the world's second largest mobile phone market is the biggest crisis to face the prime minister and his ruling coalition since they were returned to power in 2009. 1 2 Next World Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. 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