Mayawati Orders Reliance and Spencer to Close their Stores in UP

Chief Minister of Uttar PradeshThe Uttar Pradesh Chief Minister Mayawati ha

India Infoline Looking very Strong

India InfolineIndia Infoline is quoting at Rs 585.20 today, up Rs 41.30 after making a pos

SEBI Directs NSDL on Novel Pension Plan For Government Employees

SEBiSEBI has directed the National Securities Depository Ltd to initiate a central record-keeping agency (CRA) under the novel pension plan for employees working in governmental institutions.

The recent plan will permit pension regulator, the Pension fund Regulating and Development Authority, to commence funds management by public sector fund managers under the new pension scheme.

Syndicate Bank Joins hands with Credit Rating Agency ‘Fitch’

Bangalore: Syndicate Syndicate BankBank has signed up a Memorandum of Understanding (MoU)

Microsoft Slashes X-Box 360 Prices In European Countries

Microsoft Xbox 360Amsterdam: Microsoft Corp is slashing the estimated retail price for its Xbox 360 in European markets by 50 euros to 349.99 euros. It also plans to instigate a new model, Xbox 360 Elite, which will have a 120 gigabyte hard disk and rate 449.99 euros.

The company alleged that the lesser price for the Xbox model with a 20 gigabyte hard drive would be in effect from August 24.

TCS Grooming Science Graduates Into Software Masters

Tata Consultancy ServicesTata Consultancy Services will appoint 2,000 science grads, generally from Tier III cities and rustic regions, and turn them into software masters in the existing fiscal.

Mr S. Ramadorai, CEO and Managing Director, TCS said these candidates will be dealt as TCS employees from the first day, but will get 30 per cent lesser pay as compared to the engineering graduates.

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News in Focus

SAIL Share Price Target at Rs 225: ICICI Securities

ICICI Securities has maintained a Buy rating on Steel Authority of India, setting a target price of Rs 225, implying a 36% upside from the current market price of Rs 165.

Bank of Baroda Share Price Target at Rs 390: Axis Securities

Axis Securities has maintained its Buy rating on Bank of Baroda, though it has trimmed the target price to Rs 290 from Rs 315, implying an 18% upside from the current market price of Rs 246.6.

Greenply Industries Share Price Target at Rs 355: Axis Securities

Axis Securities has reiterated a Buy rating on Greenply Industries Limited, raising its target price to Rs 355 from Rs 340, implying a 19% upside from the current market price of Rs 298.

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.