Sunita Tests LOCAD-PTS

With the purposeSunita Williams of extending future exploratory journeys into space, the first major test on the

DaimlerChrysler Will Soon Depart Tata’s Land

DaimlerChrysler DaimlerChryslerIndia’s new plant near Pune will end up the land lease a

IT, BPO Grew As Per Estimations In FY07

The IT industry performance for the 2006-07 may fit in order with prospects. It’s not just escalation of the rupee that will affect the attitude but also enhancement in salaries and the minimum alternate tax (MAT), which could catch a charge on the IT industry, in a cumulative manner.

The other worrying part is the constant habituation of the IT industries on the habitual applications development and maintenance (ADM) tasks and their incapability to expand considerably to the advanced charging and harder undertakings in fields like marketing, logistics, automobiles and aerospace.

Sid Pai, partner TPI International stated, “Sustaining top line growth will be a challenge.”

SBI To Spare Subsisting Home Loan Customers

State Bank of IndiaState Bank of India (SBI) will not increase interest rates for a range of existing home and education loan customers’.

Even as the shift may be partially influenced by the earlier finance ministry recommendation that banks should not rush through rate increases.

The banks’ asset liability committee (Alco) that gathered on late Thursday evening, has suggested to the bank panel that the standard prime-lending rate (PLR) may be hiked up by 50-75 basis points. At this time, the bank’s PLR is 12.25%.

Ranbaxy now Makes $100 Million Annually

Africa hasRanbaxy been a hushed moneymaker for India’s major drug manufacturing company Ranbaxy making a

133K Indians Apply For H-IB Visas

H-IB visaThe US Citizenship and Immigration Services (USCIS) on Tuesday revealed that an estimated

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News in Focus

Why the UAE Remains a Top Destination for Property Investors

The UAE has long been considered one of the most attractive destinations for property investment globally.

Bandhan Bank Share Price Target at Rs 225: Kotak Securities

Kotak Institutional Equities has maintained its BUY rating on Bandhan Bank, assigning a fair value target of Rs 225 per share.

Godrej Properties, DLF, Oberoi Realty Share Price Under Pressure; Quick Review of Mumbai Real Estate

Godrej Properties, DLF, Oberoi Realty and Lodha Developers were among major losers as real estate stocks were facing selling pressure in today's session.

Eternal Limited (Zomato), Persistent Systems, UPL Share Price Jumps; Zomato Looks Bullish

Eternal Limited (Zomato), Persistent Systems and UPL were among major gainers in today's trade and these stocks are also looking bullish on technical charts.

Union Bank of India Share Price Target at Rs 168: Anand Rathi Research

Anand Rathi Research has reaffirmed its bullish outlook on Union Bank of India, reiterating a BUY call with a 12-month price target of Rs 168.

SAIL, Bajaj Finance, Patanjali Foods Share Price Jumps; Stocks Look Bullish on Technical Charts

SAIL, Bajaj Finance and Patanjali Foods were among major gainers on Friday. The stocks are looking strong on technical charts.