Reliance Capital pact with Nippon in areas beyond insurance

Reliance Capital pact with Nippon in areas beyond insuranceNew Delhi, Sep 1 - Reliance Capital, part of the Anil Ambani-led Reliance Group, Thursday said it had signed an agreement with Japan's Nippon Life Insurance to pursue further partnerships to provide a host of financial services in India.

Nippon Life Insurance, has already agreed to acquire a 26 percent strategic stake in Reliance's life insurance arm at an aggregate value of Rs. 3,062 crore ($680 million) -- a transaction which is expected to conclude soon.

Dog Days of Summer be Gone. Euro Messy, Pound May Be in a Short

The last weeks trading have not been the best. I welcome Labor Day and the seasonal change in trading.

Maruti Suzuki sales down on labour unrest

Maruti Suzuki sales down on labour unrestNew Delhi, Sep 1 - The country's largest car maker, Maruti Suzuki, Thursday reported a 12.7 percent drop in total sales during August because of labour unrest at its Manesar factory.

The company managed to sell a total of 91,442 vehicles in August, including 14,356 units for export. It had sold a total of 104,791 vehicles in the like month of 2010.

Sanjay, Karan - all at SRK's Eid bash

Sanjay, Karan - all at SRK's Eid bashMumbai, Sep 1 - Superstar Shah Rukh Khan celebrated Eid-ul-Fitr lavishly at his Bandra residence Mannat and Bollywood big names like Karan Johar and Farhan Akhtar joined him in the celebration. The surprise guest was Sanjay Dutt, whose evil look in "Agneepath" remake is the talk of the town.

"My children have grown up, so now they should have understanding of the culture. We celebrate every occasion like Diwali and Christmas. Sometime we party just for the sake of it.

TVS Motor logs 14 percent sales growth in August

TVS Motor logs 14 percent sales growth in AugustChennai, Sep 1 - Two and three wheeler manufacturer TVS Motor Company Ltd closed August with 14 percent sales growth over that of August 2010, the company said in a statement issued here Thursday.

The company's total sales last month stood at 194,898 units (two wheelers 190,184 units, three wheelers 4,714 units) up from 170,735 units (two wheelers 167,109 units, three wheelers 3,626 units) registered during August 2010.

Total sales for the month of August 2011 stood at 194,898 units against 170,735 units in the corresponding month of the previous year.

Sony launches world’s 1st 3D OLED-based head-mounted display

 Sony launches world’s 1st 3D OLED-based head-mounted displayLondon, Sept 1 : Technology giant Sony has unveiled a head-mounted display that gives wearers a 3D personal theater for videos, music and games.

The HMZ personal 3D viewer is being targetted at people who prefer solitary entertainment rather than sitting in front of a television with family or friends.

Resembling a futuristic visor, the 480 pounds (800 dollars) device is worn like a pair of chunky goggles and earphones in one.

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News in Focus

India Cements, Marico, Lemon Tree Hotels Share Price Jumps to Yearly Highs; India Cements Looks Bullish on Technical Charts

India Cements, Marico, Lemon Tree Hotels shares touched yearly highs on Thursday. India Cements share price closed 6.14 percent higher at Rs 393 after touching yearly highs at Rs 400.

PB Fintech (PolicyBazaar) Share Price Target at Rs 2,413: Geojit Investments

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Suzlon Energy Share Price Target at Rs 75: Geojit Investments

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IRCTC Share Price Target at Rs 850: Prabhudas Lilladher

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Vedanta Share Price Target at Rs 485: Geojit Investments

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Minda Corporation Share Price Target at Rs 596: Deven Choksey Research

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