The expanding focus on Figo

The expanding focus on FigoThere is no denying to the fact that since Ford India had launched its hatchback model Figo in the Indian market, it has been able to take the market by storm.

While the product has received over 25,000 bookings in the past few months that followed the launch of the model, the company expects to clear the backlog of 6,000-7,000 units in a month's time.

'Hogs' coming to India

'Hogs' coming to IndiaThe journey for the iconic motorcycle maker, Harley Davidson hasn't been as initially planned in the Indian market. After dealing with regulatory issues in order to get the excise duty down for the imported motorcycles, Harley has taken its own time to enter into the Indian shores.

However, after it has made an entry into the Indian market, the company is now ensuring that it get all its bets right in order to succeed in the domestic market.

MRF to pay the ad agency

MRF to pay the ad agency Under a 10-year old dispute, the Delhi High Court has directed MRF to pay Rs 58 lakh to an advertisement agency.

While the dispute was over the services rendered by the ad agency to the tyre manufacturer, the contract was display of advertisements across the city among the two parties.

After MRF claimed that there was no contract between the two companies, a single member bench, comprising Justice Anil Kumar directed the domestic tyre manufacturer to pay the disputed amount to the agency after it found that there was a contract between the tyre manufacturer and the agency.

Vitamin C May Be Helpful In Fighting Cancer

Vitamin C May Be Helpful In Fighting CancerAccording to recent research, consumption of Vitamin C on a daily basis may play a vital role to defend body from cancer.

Vitamin C is helpful for cancer sufferers and bounds the tumor growth.

This has been claimed by a new research published in the Cancer Research journal.

As per the new research conducted at the University of Otago, there is a significant growth with consumption of fruits and veggies having Vitamin C, which helps fighting with Cancer cells.

The study was headed by Professor Margreet Vissers.

Mindlance To Set Up New Plant In Mumbai

Midlance, a US-based IT infrastructure service provider, made announcement about the establishment of its new plant at Mumbai.

The new plant would be a delivery and sales center for Western Zone.

According to the company's release, it would cater to clients in Maharastra, Gujrat, Madhya Pradesh and Goa.

This is Mindlance's 5th office in the Indian market, the other being situated at Bangalore (2 offices), Gurgaon and Jaipur.

Electrolux Q2 Profits Jumps On High Demand

Electrolux Q2 Profits Jumps On High DemandSwedish home appliance manufacturer Electrolux announced that strong demand in several markets comprising North America helped increase its second-quarter profits.

The company's net profit, excluding items affecting comparability, stood at 1.1 billion kronor ($148 million) as against 633 million kronor during the same period of 2009.

Sales during the three month period remained down by 1% to 27.3 billion kronor.

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News in Focus

Bank of Baroda Share Price Target at Rs 390: Axis Securities

Axis Securities has maintained its Buy rating on Bank of Baroda, though it has trimmed the target price to Rs 290 from Rs 315, implying an 18% upside from the current market price of Rs 246.6.

Greenply Industries Share Price Target at Rs 355: Axis Securities

Axis Securities has reiterated a Buy rating on Greenply Industries Limited, raising its target price to Rs 355 from Rs 340, implying a 19% upside from the current market price of Rs 298.

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.