While the proposed location for the four-wheeler plant for the two-wheeler major was Chakan but the company has recently announced that it will come up with its 4-wheeler plant at Waluj near Aurangabad. In fact, the second largest player in the Indian two-wheeler market has also said that it will invest close to Rs. 500 crore in the Waluj plant.
According to the administration, the recent increase in fuel rates has translated into an extra load of less than a rupee on LPG and 50 paisa on kerosene daily as an united opposition stalled parliament proceedings over the growing food inflation.
One cannot show back to the fact that the no-frills sedan launched by Mahindra & Renault in the JV agreement in the Indian market hasn't really been able to create the magic in the Indian market. However, after Mahindra purchased the stake of Renault a few months back, the home-grown auto major is trying its level best to ensure that the product is able to bank a healthy no of units from the domestic circuit. Recently, the company has launched a new marketing campaign for the Logan with a tagline of Logan loves India.
There is no denying to the fact that the small car segment has been the bread and butter for the market leader in the passenger car market - Maruti Suzuki but the segment is expected to see more fireworks in the coming times. While Maruti is planning to launch the Alto by next month in the Indian market, the competition is also firming up plans to give the market leader an optimal answer in the form of their respective hatchbacks. 
BP chief executive Tony Hayward will quit on Oct 1 following the oil disaster in the Gulf of Mexico.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.
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Featured, India Business, Analyst View, BOB Capital Markets, Bullion Update, India, Kalyan Jewellers
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Steel Sector, Tata Steel
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.
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.
Featured, India Business, Analyst View, Auto Sector, BOB Capital Markets, India, Mahindra & Mahindra
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.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Swiggy
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.
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
Main Regional Stories
ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the RPSG Group music label posted a robust September qu
Featured, India Business, Analyst View, Stock Markets, BOB Capital Markets, Cera Sanitaryware, India, Mumbai
BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.
ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs 260.
Featured, Analyst View, Futures & Options, Stock Markets, Banking Sector, ICICI Securities, India, SBI
ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.
