Jimmy Shergill In Regional Flicks

Jimmy ShergillJust a few weeks back, hardly anyone even knew about this movie in Punjabi entitled, Mel Karade Rabba. The movie stars Jimmy Shergill among others and he seems to have an unprecedented and almost `clue-less' sense of euphoria.

The movie started on a humble note and wasn't even talked about in the metropolitans like Mumbai, Delhi or even Bangalore. This was because the prints of the film were being dispatched only in the movie-theatres across Punjab, Haryana and in foreign shores.

Gauri Pradhan Still Wants To Enjoy Her Motherhood!

Gauri PradhanGauri Pradhan, who was last seen in Star Plus' `Kyunki Saas Bhi Kabhi Bahu Thi', was on a big leave after `Kyunki.' as she got married to Hiten Tejwani and since then she is busy with her married life. Meanwhile, she also gave birth to twins named Nivaan and Kathya. The duo became proud parents 8 months ago. The lady still wants to enjoy her motherhood and had no immediate plans to come back on small screen for essaying a role for a daily soap.

Dena Bank Q1 profit up 20.67%

Dena Bank Q1 profit up 20.67% Dena Bank announced a rise of 20.67 per cent in its net profit for the first quarter ended on June, 30, 2010. Net profit of the public sector lender stood at Rs. 138.79 crore for the quarter.

The bank had reported a net profit of Rs. 115.02 crore during the corresponding quarter in the previous fiscal.

Total income of the bank surged 8.72 per cent to Rs. 1,221.78 crore from Rs. 1,123.82 crore in the year-ago period, the bank said in a filing to the Bombay Stock Exchange.

Union Bank Q1 net profit rises 36%

Union Bank Q1 net profit rises 36%Union Bank of India announced a rise of 36.01 per cent in its net profit for the first quarter ended on June, 30, 2010. Reported net profit of the public sector lender remained at Rs. 601.42 crore for the quarter.

The bank had reported a net profit of Rs. 442.19 crore for the same quarter in the previous financial year. Total income of the bank too surged 11.25 per cent to Rs. 4,120.66 crore from Rs. 3704 crore in the year-ago period.

Indian Bank net profit surges 11%

Indian Bank net profit surges 11%Indian Bank announced a rise of 11 per cent in its net profit for the first quarter ended on June, 30, 2010. Net profit of the public sector lender stood at Rs. 368.15 crore for the quarter.

A whopping 185 per cent increase in provisions and contingencies checked the bank's net profit growth despite a 33 per cent growth in its profit from operations. The bank's operating profit stood at Rs. 837.82 crore for the quarter.

Net interest income of the bank jumped 26 per cent to Rs. 926.65 crore during the quarter, the bank said in a filing to the Bombay Stock Exchange.

Carnation Auto to run on SAP

Carnation Auto to run on SAP As the Jagdish Khattar promoted, Carnation Auto has opened close to 20 auto solutions hubs spread across 13 cities in just 20 months and with plans to continue expanding across the country, the leading multi-brand car solution company has announced the installing of the SAP software.

It is believed that SAP will be able to create a centralized IT system to consolidate data and provide accurate and real-time views of information across the company and its hubs and will help a lot in the better functioning of the company.

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News in Focus

Kalyan Jewellers Share Price Target at Rs 786: BOB Capital Markets

BOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.

Tata Steel Share Price Could Reach Rs 230: ICICI Securities

ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.

Pricol Share Price Target at Rs 935: Axis Securities

Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.

Mahindra & Mahindra Share Price Target at Rs 4,387: BOB Capital Markets

BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.

ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.

Stylam Industries Share Price Target at Rs 3,750: ICICI Direct

ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric