DaimlerChrysler India To Launch Luxury Buses Shortly

DaimlerChrysler Ltd.Kolkata: DaimlerChrysler India managing director and CEO Wilfried G Aulbur, stated that the company will start making its high-tonnage Actros trucks at its subsisting plant at Chikhali, Pune by the end of this current fiscal (2007).

Bin Laden Tape Surfaces again before September 11

Osama bin Laden
Al-Qaeda chief Osama bin Laden has termed the United States as "weak" in his new video which has appeared after three years. Osama also vowed to increase Al-Qaeda activities in many parts of the world, especially in Iraq. CIA Director Mr. Michael Hayden warned recently about plans of large-scale attacks of Al-Qaeda on US targets.

TCS Intends To Make Third Centre In China; To Appoint 4,000 More

Bangalore: TCSIn order to support its rising customer base in the country, Tata Consultancy Services (TCS) has

Wartsila To Create Assembling Unit In India

Wartsila CorporationHelsinki: Wartsila Corporation has planned to invest more than €5 mil

Maruti Wins Victory Over Its Indonesian Rivals

Maruti Udyog LtdNew Delhi: Maruti Udyog Ltd is ready to turn into big in the Indonesian small car market.

In the existing fiscal, the company has been capable of capturing around 60 per cent of the small car market in Indonesia with an export order worth 12,000 units, 1,000 units above what the company had told in June.

Forex Reserves Declines $2 Mn To $228,847 Mn

Foreign CurrencyOn the back of increase in foreign currency and assets collections, forex reserves have declined $2 million to $228,847 million as on Aug. 31, 2007.

According to the Reserve Bank of India (RBI) weekly statistical supplement released on Sept.7, 2007, foreign currency and assets came up to USD 4 million on the back of USD 221,509 million increase.

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News in Focus

KPIT Technologies Share Price Target at Rs 1,475: ICICI Direct

ICICI Direct has reiterated its BUY call on KPIT Technologies, projecting a 12‑month target price of Rs 1,475 versus a current market price of Rs 1,223, implying upside potential of about 21 percen

Lodha Developers Share Price Target at Rs 1,888: Motilal Oswal

Motilal Oswal Financial Services has reiterated a BUY rating on Lodha Developers, calling for an aggressive re-rating as the country’s largest listed real estate player cements its dominance in Mum

Delhi's Hottest SUV: A Buyer's Checklist for Evaluating Used Creta Cars

The Hyundai Creta quickly became a massive success, and its popularity is just as strong in the 2nd hand cars market in Delhi.

Vishal Mega Mart (VMM) Share Price Target at Rs 180: Emkay Global Research

Emkay Global Financial Services Limited has issued a BUY recommendation for Vishal Mega Mart (VMM), setting an ambitious target price of Rs 180 against the current market price of Rs 136, implying

TCS Share Price Target at Rs 3,565: Axis Securities

Axis Securities has issued a compelling BUY recommendation for Tata Consultancy Services (TCS), positioning the IT services behemoth as a transformative force in the artificial intelligence era.

Bajaj Finance Share Price Target at Rs 1,180: ICICI Securities

ICICI Securities has upgraded Bajaj Finance to a BUY rating, revising its target price upward to Rs 1,180 from Rs 1,040, implying an 18% upside from the current market price of Rs