HCL Yearly Net At Rs 1,102 Cr, Declares Dividend

Chennai: HCL TechnologiesFor the year ended June 30, 2007, HCL Technologies ha posted a net profit

Pratibha Patil To Address The Country On Independence Day

President Pratibha PatilNew Delhi: According to a Rashtrapati Bhawan release that

Stock Market Trading Flat After Negative Opening

After opening unenthusiastically at 15,066.71, the stock market is trading flat in the morning trades.

On the other hand, Asian markets also opened negatively as the US subprime lender Aegis Mortgage filed for bankruptcy, activating worries of credit situations of higher risk mortgages.

Power Sector Needs Rs 10.31 Lakh Cr - Shinde

New Delhi: The power sector will require Rs 10,31,600 crore investment in 2007-12 to add up generation capacity, in addition to producing and advancing transmission and distribution networks.

TVS Electronics Advances Further

TVS ElectronicsIn early trading (10:05 am), TVS Electronics is quoting at Rs 47.45, up Rs 2.25. The stock price touched an intraday high of Rs 47.45 and an intraday low of Rs 47.25.

The company’s board has also approved transfer of 35.85% stake in TVS Finance to holding co. TVS Investment for Rs 14.84 cr. They struck down preferential apportioning of 36 lakh warrants exchangeable into equity at RS 48.50/sh to TVS Investment.

Abdul Kalam Agrees To Become NIU Visitor

A P J Abdul KalamPatna: Bihar Chief Minister Nitish Kumar said that former Indian President A P J Abdul Kalam has responded favorably to the proposal to don the post of visitor at the purposed Nalanda International University.

Mr. Nitish broadened the offer when he met Abdul Kalam in New Delhi on Sunday.

He added that Mr. Kalam has accepted the offer, and ready to guide the administration in setting up the university.

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News in Focus

Karnataka Bank Share Price Could Reach Rs 364: Anand Rathi Research

Anand Rathi Share and Stock Brokers has maintained a Buy rating on Karnataka Bank with a 12-month target price of Rs 364, implying roughly 25% upside from the current share price of Rs 291.

Mahindra Lifespace Developers Share Price Target at Rs 450: ICICI Securities

ICICI Securities has retained a Buy rating on Mahindra Lifespace Developers, keeping its 12-month target price unchanged at Rs 450, implying 19% upside from the current market price of Rs 377.

Social Venture Capitalist Reviews: A Broker with Honest Trading Conditions

Social Venture Capitalist is a regulated UK-based broker that provides traders with access to diverse financial markets (Forex, stocks, cryptocurrencies, and commodities) through its proprietary so

Motilal Oswal Financial Services Share Price Target at Rs 1,024: ICICI Securities

ICICI Securities has maintained a Buy rating on Motilal Oswal Financial Services, raising its target price to Rs 1,024 from Rs 975, implying 20% upside from the current market price of Rs 855.

Waaree Energies Share Price Could Reach Rs 3,333: Anand Rathi Stock Research

Anand Rathi has maintained a Buy rating on Waaree Energies, though it trimmed the target price to Rs 3,333, implying roughly 27% upside from the current market price of Rs 2,624.

Bajaj Housing Finance Share Price Target at Rs 107: Deven Choksey Research

Deven Choksey Research has maintained a Buy rating on Bajaj Housing Finance, setting a target price of Rs 107, implying 23% upside from the current market price of Rs 87.