TopNews

In its latest research report, Nirmal Bang, an equity research firm said that Indusind Bank can give good returns in the short term.

The report further stated that huge delivery based volume seen in the counter, this counter has been trading in the narrow range of Rs 66-79, and it has broken the range with huge volumes in today’s session.

Nirmal Bang Research has advised its investors to hold the stock to achieve a target price that lies between Rs 94-105.

Washington, June 18 : Despite considerable efforts to reduce teen pregnancy, youngsters are still having sex without any contraceptive use, a new study has found.

There was a significant decline in the number of teen pregnancies in 1990s and early 2000s, but the trend eventually reversed between 2003 and 2007, said Dr John S. Santelli, professor and chair of the Heilbrunn Department of Population and Family Health at Columbia University Mailman School of Public Health.

Nottingham, June 18 : Once bitten twice shy seems to be the case for Pakistan all rounder Abdul Razzaq, as he has turned down a series of county offers after making a come back in the national squad.

Razzaq returned to the international fray for Pakistan in the ICC Twenty20 World Championship after two years of suspension, after he and several other players terminated their respective contracts from the rebel Indian Cricket League (ICL).

Realty firm Housing Development & Infrastructure Ltd (HDIL) has decided to raise $600 million (about Rs 2,875.67 crore) through private placement of shares to qualified institutional buyers.

The company informed that its shareholders at the Extraordinary General Meeting (EGM) held on June 17, has approved a plan to raise up to US$600mn or its Indian Rupee equivalent through issue of equity shares under Qualified Institutions Placement (QIP) to select institutions.

Nottingham, June 18 : Pakistan could host Australia for a `home' Test match in Edgbaston next summer, as the Warwickshire County Cricket Club has shown much interest in staging one of the Test matches of the relocated Test series.

According to the sources, Edgbaston has emerged as the second possible venue after Old Trafford for Pakistan''s ''home'' Test series against Australia, and there is a big possibility that both the countries would play each other there if the two cricket board's confirms their plans to play the series in England.

The Chief Executive of the Warwickshire County Cricket Club, Colin Povey, said that he is eager to see two world class cricket teams fighting it out in Birmingham.

Sobha Developers, the Bangalore based real estate player, has informed that it has received approval from the shareholders of the company for raising Rs 1,500 crore and hiking Foreign Institutional Investor (FII) limit to around 100 per cent of the equity share capital of the company.

Under the arrangement, the company would raise Rs 1,500 crore from international markets by issuing shares through American Depository Receipts, Global Depository Receipts and from domestic routes through issuing warrants and debentures.