Madras Court in Favor of The Hindu’s Editor-in-Chief

Madras high court The Hindu’s Editor-in-Chief has been given clean chit by the Madras High Court. During a telephonic interview, Hindu’s Editor-in-Chief Ram said, “We are happy about the order that vindicates our position”.

Ram has been in news since May when he moved to Madras high court against CLB. CLB is a part-judicial body which acts as an umpire in corporate disputes. On 20th May, the CLB asked The Hindu to change its tradition of posting family members to the editorial post. The dispute was actually raised between the two groups of the board of The Hindu’s publishers Kasturi and Sons Ltd and Ram.

Rupee Hits a High

RupeeIn a recent development, it was revealed that the Indian Rupee has gained a few points in comparison with the euro. The rupee gained its highest in two months and this has happened due to inflow of the dollars. The euro has also been stable for a while now and this is the reason for the recent gain.

The final position of the rupee was 44.5825/5925 in comparison with Dollar. The highest it reached was about 44.5175, and this is the strongest record since last recorded in May.

Notice issued to Talcher Super Thermal Power Station

After the Pollution Board Notice that has revealed the functioning of the power station, there is trouble smelling everywhere. The Talcher Super Thermal Power Station, from Kaniha is brewing something fishy again.

They have been issued a show cause, and there has been a detailed explanation demanded on why the levels of emissions of their suspended particle matter has exceeded the limits.

The crux behind the matter is that it was found out that the TSTPS electrostatic reactors are not functioning to their best levels and this is perhaps the reason they are emitting high levels of emissions. This can be very harmful for the environment.

Indian Auto Industry Stuns the World

autoWhat if India was earlier not affluent enough, with a very small car market and may be for that matter, it had never been a preferred destination for the top car manufacturers in the world but for now the things seem to have changed for so called developing country, India. The great Indian auto industry has developed manifold, with it to have stunned the world by becoming one of the world’s fastest growing auto industry today.

Improved Version of Volkswagen Touareg Seen in Pune

VolkswagenA highly improved version of the German car manufacturer, Volkswagen’s Touareg SUV was recently seen in Pune. Volkswagen has announced to introduce the improved version of Passat and Jetta by September this year and that of Touareg SUV soon after.

Experts have predicted that the Volkswagen Touareg SUV will be high in performance and powerful in appearance. The new Touareg will have the same V6 TDI diesel engine which will produce 240 bhp and 550 Nm torque but improvements will be seen in fuel consumption and emissions reducing BlueMotion technology. Another attractive feature of the machine will be an eight speed transmission that will save fuel.

GSAT-12 to be Launched on July 15: ISRO

GSAT-12 to be Launched on July 15: ISROGSAT-12, a 1,410kg India’s communications satellite will be launched on July 12. The Indian Space Research Organization’s (ISRO) engineers are preparing the Polar Satellite Launch Vehicle (PSLV-C17) at Sriharikota Space Centre so that it can carry GSAT-12. Finally, the long wait of 9 years is about to be over for the researchers.

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News in Focus

L&T Finance Share Price Target at Rs 370: ICICI Securities

ICICI Securities has upgraded L&T Finance (LTF) to a BUY rating from ADD, setting a fresh 12-month target price of Rs 370, implying roughly 15% upside from the current market price of Rs 321.

Suzlon Energy Share Price Target at Rs 65: Deven Choksey Research

Deven Choksey Research has reiterated a BUY rating on Suzlon Energy Ltd ahead of its Q1FY27 results, setting a revised target price of Rs 65 — a 22% upside from the current market price of Rs 53.

Buying Used Cars in Dubai? OneClickDrive, DubiCars, CarSwitch and dubizzle Emerge as Top Platforms

Dubai’s used-car market can be a bargain hunter’s dream and a compliance minefield at the same time.

Anand Rathi Recommends BUY on Indian Bank With Share Price Target at Rs 1,098

Indian Bank has kicked off FY27 on a strong footing, prompting Anand Rathi to reaffirm its BUY recommendation with a 12-month target price of Rs 1,098.

Bajaj Consumer Care Share Price Target at Rs 760: ICICI Securities Issues Bullish Outlook

Bajaj Consumer Care has received a reaffirmed BUY recommendation from ICICI Securities, which has increased its 12-month target price to Rs 760 from Rs 600, implying an upside potential of around 1