Indo-US Contract Cannot Be Renegotiated: Indian American Community Leaders

Washington: Indian-American community leaders, showing worries over the stand taken by the Indian political parties on the Indo-US civil nuclear deal, stated that the agreement cannot be renegotiat

BHEL gets a big order

Bharat Heavy Electricals LimitedIn early trading, Bharat Heavy Electricals, BHEL touched the level of Rs 1,622, up Rs 11.55, or 0.72%. The stock price had gone up to Rs 1,632.50. As the market slipped into the red, BHEL had an intraday low of Rs 1,570. The stock was strong, but due to overall weak sentiment in the market, BHEL ended the day at 1590 (down by Rs 19.10).

The company has pocketed order worth of Rs 6500 cr from Damodar Valley Corporation.

GHCL Plans to enter Retail Sector

Gujarat Heavy Chemicals LimitedGujarat Heavy Chemicals Limited (GHCL) has announced

No Special Package for Exporters

Commerce Minister Kamal NathThe Finance Ministry has ruled out any fi

Motilal Oswal can offer 10-15% returns on listing

Motilal Oswal Securities Ltd.Motilal Oswal is coming up with a Public Issue to raise Rs 246 crore by selling its 29,82,710 shares with face value of Rs 5 each through 100% book building process. The price band of the IPO is Rs 725-825 per share. The issue will close on Thursday.

Oil Prices Falls Back As Hurricane Worries Ease

Yesterday, the oil and gas rates fell in the United States as worries relieved after storm Dean headed towards Mexico’s Yucatan Peninsula; and further than the U.S. energy facilities along the Gulf Coast.

As supply worries dropped off, fears about the stock market’s consequence on international demand came to the front position yet again.

For the next month delivery, light, sweet crude drop 86 cents to USD 71.12 each barrel on the NYMEX. The deal ended up from its intraday low of USD 70.05 per barrel.

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News in Focus

SBI Life Insurance Share Price Target at Rs 2,350: Axis Securities

Axis Securities has reiterated a Buy rating on SBI Life Insurance Limited, setting a target price of Rs 2,350, implying a 27% upside from the current market price of Rs 1,859.

ICICI Securities Keeps BUY on Jana Small Finance Bank with Share Price Target at Rs 600

ICICI Securities has maintained its BUY call on Jana Small Finance Bank, lifting the target price to Rs 600 from Rs 535 and implying about 20% upside from the current market price of Rs 498.

Honasa Consumer (MamaEarth) Share Price Target at Rs 570: Invest4Edu Stock Research

Invest4Edu Private Limited has initiated coverage on Honasa Consumer Limited, the parent of Mamaearth and a stable of digital-first beauty brands, with a BUY rating and a target price of Rs 570 — i