AIFB Not Ready To Cooperate

Kolkata: All India Forward Bloc (AIFB) All India Forward Blocgeneral secretary, Debabrata B

Forex Reserves Drop $346 Mn with in a week Ending Aug 10

As on Aug 10, 2007, Forex reserves went down USD 346 million to USD 228.996 billion, mainly on the back of declension in foreign currency and assets accumulations on a weekly basis.

According to the RBI’s weekly statistical supplement released on Aug. 17, 2007 the foreign currency and assets decreased USD 221.653 billion.

The gold reserves and the IMF reserve position remained flat at USD 6,887 million and USD 455 million correspondingly during the same period.

Stock Markets Sign Off In Volatile Mood, Metal, IT Linger

BSE SensexIndian stocks turned down for the third day, with the key index witness its

VISA Steel Enters JV With Baosteel

Baosteel GroupKolkata: Visa Steel has entered into a joint venture contract with China’s Baosteel Trading and VISA Comtrade of Switzerland for establishing a 1 lakh tonne-per-annum ferro chrome facility in Orissa.

The joint venture company will be named ‘VISA BAO,’ in which VISA Steel will hold a 51% stake, while Baosteel Trading and VISA Comtrade will hold 35% and 14% stakes, correspondingly.

Reshuffle At Satyam Computers Top Level

Satyam Computer ServicesHyderabad: Satyam Computer Services annunciated that four of the

I Have Complete Faith In A Higher Force, Says PM

PM Manmohan SinghNew Delhi: Manmohan Singh stated that although the Oppositio

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News in Focus

Suzlon Energy Share Price Target at Rs 74: Motilal Oswal Research

Motilal Oswal Financial Services has reiterated a BUY call on Suzlon Energy, arguing that the recent correction in the stock has created a compelling risk-reward setup at a time when India’s renewa

SRF Limited Share Price Target at Rs 3,315: ICICI Direct Research

ICICI Direct has reiterated its BUY recommendation on SRF Limited, setting a 12-month target price of Rs 3,315, implying an upside of 21 percent from current levels.

Cyient DLM Share Price Could Reach Rs 421: Deven Choksey Research

Cyient DLM Limited’s Q3FY26 performance reflected a transitional phase rather than a deterioration in business fundamentals.

Jindal Steel Share Price Target at Rs 1,290: Geojit Investments

Jindal Steel Limited has entered a critical inflection point where long-term capacity expansion, improving balance-sheet metrics, and a confirmed technical breakout are beginning to align.

Supreme Industries Share Price Target at Rs 4,285: IDBI Capital

Supreme Industries Limited (SIL) delivered a mixed Q3FY26 performance, broadly meeting revenue expectations but falling short on profitability as fluctuating polymer prices resulted in inventory lo

Orient Electric Share Price Target at Rs 230: Anand Rathi Research

Orient Electric is entering a decisive phase in its growth cycle, marked by accelerating appliances demand, sustained market-share gains in fans, and an improving profitability trajectory after a p