According to data released by BSE, Foreign Institutional Investors (FIIs) remained net buyers in the equity segment worth Rs 5.73 billion on both the BSE and the NSE on April 8.

FIIs purchased equities worth Rs 37.50 billion, while their gross sales stood at Rs 3,177.62 crore.

Domestic institutional investors (DIIs) including banking institutions, DFIs, Insurance and MFs remained net sellers in the equity segment worth Rs 378.22 on both the BSE and the NSE on April 8.

Nirmal Bang Research is bullish on Balaji Telefilms and maintained ‘Buy’ rating on the stock to achieve a target between Rs 51-57 within 1-5 days.

Traders can buy the stock with a stop loss of Rs 35.

Shares of the company, on Wednesday (April 08), closed at Rs 39.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 10.02 and 4.12 respectively. The share price has seen a 52-week high of Rs 221.70 and a low of Rs 24.80 on BSE.

It’s tough to get to the number one slot, but it’s even tougher to retain the number one position; well that’s what the Vice-President and Managing Director of Nokia India, Mr D. Shivakumar feels. According to Mr. Shivakumar, when you are at number one slot in business, it becomes your responsibility to keep striving to hold your position; not only to hold, but to hold it for longer.

The world's largest manufacturer of mobile telephones – Nokia is now preparing to enter into the developing rural market in India, seeing that the urban market is getting increasingly concentrated with mobile technology. Anticipating a strong business potential in rural market, Nokia is teaming up with some micro finance institutions to get into the rural arenas.

With the aim to strengthen its presence in the Indian market, Skoda, a Czech automobile maker and part of the fourth most established automotive company in the world, has decided to launch four new models by the coming year.

The company said that it will make foray into the small car, MPV and SUV segments with its new launchings.

Moreover, Skoda plans to increase local content in its cars to bring down their cost of production by 2010.

It is also looking to terminate the Octavia by the next few years.

Recent case of vulgar ragging at Osmania Medical College (OMC) once again highlights the issue of raging in campus. Despite the various constitutional laws and efforts of educational intuitions new college students are still harassed by seniors.

On April 2, around 10 pm, 26 first year students were called by their seniors on their mess terrace. The students were asked to "strip and perform obscene acts" by their seniors.