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Mumbai: Delhi-based Vishal Retail is ready to invest Rs 200 crore to establish 40 additional stores largely in northern India.

Vishal Retail Managing Director Ramchandra Aggarwal stated, “In addition to 53 stores that we have at the moment across 41 cities, we want to put up 40 more in the current fiscal year entailing Rs 200 crore investments.”

Technical Analyst, Ashwani Gujral is of the vision that Ambuja Cement has target of Rs 155.

Gujral said, “Ambuja Cement at this point probably looks a little better although large cap cement is not showing the kind of moves that mid cap cement is showing. For Ambuja Cement Rs 130 seems to be a good support, and Rs 155 can be a good target. But large caps don’t seem like they are going to make new highs, they seem to get stuck and some bad news tends to come whenever they retest their previous highs.”

After opening with a positive gap of 135 points at 15,038, the BSE Sensex soon reached to a high of 15,142.

Now, at 10:30, the stock index is up 184 points at 15,087.

On the back of its $600 million US acquisition, Wipro has surged 4.4 per cent to Rs 478.

New Delhi: Yesterday, Finance Minister P Chida

Transport Minister Noel Dempsey must come up to prevent the death warrant for the Shannon/Heathrow service being signed by Aer Lingus, said Fine Gael.

The call came as anger grew, with Aer Lingus being accused of turning its back on Shannon and of reneging on a commitment it only recently gave to unions in relation to maintain its schedule at airport.

President Bush and President Hamid Karzai of Afganistan, close allies in fighting terrorism, found much to agree on as they completed a two-day meeting on Monday, but differs on the role of Iran in Afghanistan.