Sacha Baron Cohen poses naked as Bruno for GQ magazine

Michelin & Cie to spend Rs 7000 crore on Indian Market

Michelin India Tyres Private LtdMichelin & Cie, the world's second-largest tyre maker, is looking to spend up to Rs 7,000 crore in India over a 10-year period, to manufacture and market radial tyres and tubes in the country.

Reports suggests that French tyre giant has sought government approval to acquire 100% stake in a new company Michelin India Tamil Nadu Tyres formed in April 2009. The company intends to set up the proposed greenfield unit, with an investment worth Rs 4,000 crore.

Witches claim religious discrimination after church banned use of social club

London, Jun 18 : Banned from using a social club for their Annual Witches Ball by church leaders, a group of witches are now claiming religious discrimination.

Sandra Davis, 61, High Priestess at the Crystal Cauldron, had reserved Our Lady's Social Club in Shaw Heath, Stockport, for her Pagan group's use for 175 pounds.

But when she called up to make payment arrangements, for the ball planned for October, she was told the event could not be held there, despite already having printed tickets.

The Diocese of Shrewsbury has since confirmed witches are not `compatible with the Catholic ethos'.

"I'm appalled," the Telegraph quoted Davis as saying.

Indian fighter jet crashes, pilot safe

Indian fighter jet crashes, pilot safeNew Delhi - An Indian Air Force (IAF) MiG-21 fighter jet crashed in the north-eastern state of Assam Thursday, raising concerns in the country's Defence Ministry over a recent increase in accidents.

The pilot ejected from the cockpit just before the aircraft crashed soon after take-off from the Chabua airbase about 400 kilometres north-east of the state capital Guwahati, a spokesman for the IAF said in New Delhi.

"The aircraft was on a routine training sortie. We believe it is a technical snag, as the pilot reported a technical error to the airbase," he said.

World-record buffs create online database to rival Guinness Book of Records

World-record buffs create online database to rival Guinness Book of RecordsNew York, Jun 18 : A group of world-record buffs have created a new online database that allows users to dream up their own outlandish categories, and post videos of their feats.

The Universal Record Database created by Dan Rollman and Corey Henderson gives everyone the chance to discover the "world record holder in them".

Shree Renuka Sugars to expand Capacity

Shree Renuka SugarsIndia's largest sugar refiner Shree Renuka Sugars, has decided to expand its sugar refining capacity at its Athani unit in Karnataka to 2,000 ton per day. The facility presently has capacity of 1000 tonnes per day.

Apart from this, the company intends to setup up a sugar refining capacity of 1,000 tonnes per day at its Havalga unit, in Karnataka. Both plants are expected to be commissioned by December this year.

Angel Broking is looking bullish on Shree Renuka Sugars. In a latest recommendation call, the broking house has advised traders to buy the stock for target of Rs 152, but with stoploss of Rs 131.

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News in Focus

Tata Motors Passenger (TMPV), Bharat Electronics, HCL Technologies Share Price Jumps; NSE Nifty Closes Flat

Tata Motors Passenger Vehicles, (TMPV), UltraTech Cement, Kotak Mahindra Bank, Eicher Motors, Maruti Suzuki, BEL and HCL Technologies were among major gainers in today's trade.

Biocon Share Price Target at Rs 440: Axis Securities

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Siemens Energy India Share Price Target at Rs 3,450: ICICI Securities

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Mahindra Lifespaces Share Price Target at Rs 550: ICICI Direct

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Varun Beverages Share Price Target at Rs 524: NDA Securities

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Emami Limited Share Price Target at Rs 645: Khambatta Securities

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