Indiabulls, MMTC Will Jointly Shape A New Commodity Stock Exchange

Mumbai: Indiabulls Financial Services (IBFSL) is thinking of establishing a special purpose vehicle (SPV) in cooperation with Metals and Minerals Trading Corporation Ltd (MMTC) for a commodity exch

Decision on Dera chief's bail plea today

37% Fall In Dr. Reddy’s Q2 Sales, Net Down 4.5%

South African team agrees to play in Karachi

South African Cricket Team

Two UK prisons for foreigners only cost exchequer 15 million pounds

London, Oct.24 : The Bullwood Hall Jail in Essex, which has 184 inmates, and the Canterbury Jail in Kent, which has 284 inmates,have been opened exclusively for foreign criminals at a cost of over 15 million pounds.

According to a report in the Daily Mail, the Gordon Brown Government plans to open more foreigner only prisons if these two experiments succeed.

The move has been partly initiated due to foreign inmates having different language and other requirements. It also makes it easier for immigration staff struggling to deport foreign criminals.

The cost of running each of these jails is around 7.5million pounds a year to run.

1800 New South Wales buses that will turn red lights green

Sydney, Oct 24 : After a year of trials, GPS-equipped buses will be on NSW roads early next year, the State Government has said.

Transport Minister John Watkins today announced a preferred tenderer had been selected to install the Public Transport Information and Priority System on a fleet of 1800 buses.

The onboard computer devices will link the buses by satellite to the Roads and Traffic Authority's traffic light control system, which will in turn give late-running buses the green light, providing commuters with a faster trip.

The technology will be used on 43 "strategic corridors" in and around Sydney.

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News in Focus

SBI Life Insurance Share Price Target at Rs 2,350: Axis Securities

Axis Securities has reiterated a Buy rating on SBI Life Insurance Limited, setting a target price of Rs 2,350, implying a 27% upside from the current market price of Rs 1,859.

ICICI Securities Keeps BUY on Jana Small Finance Bank with Share Price Target at Rs 600

ICICI Securities has maintained its BUY call on Jana Small Finance Bank, lifting the target price to Rs 600 from Rs 535 and implying about 20% upside from the current market price of Rs 498.

Honasa Consumer (MamaEarth) Share Price Target at Rs 570: Invest4Edu Stock Research

Invest4Edu Private Limited has initiated coverage on Honasa Consumer Limited, the parent of Mamaearth and a stable of digital-first beauty brands, with a BUY rating and a target price of Rs 570 — i