SEBI wishes for a 100pc open offer

SEBI wishes for a 100pc open offerConquests are all set to get more expensive with the SEBI team putting its favor and crafting it compulsory for the obtainer to make a proffer for up to 100 per cent bid in any listed group.

But for the time being, an open offer for a bare minimum of 20 percent in the targeted group is needed to be chalked out by any group or body that has bought 15 percent equity, either from the supporter or direct from the open market.

Rdio unveils beta for Android devices

Rdio unveils beta for Android devicesRdio has released its beta version of Android app that helps offer unlimited music streaming for Android based devices.

Billionaires Janus Friis and Niklas Zennstrom, the creators of the Kazaa P2P client as well as Skype, offers to lend a hand in giving out funds and at the same time offer support for an unlimited music subscription service, which the company recently proclaimed just the last month, states the reports of October 2009.

HP might discontinue the usage of Android tablet

HP might discontinue the usage of Android tabletThe recent m

Rupee getting the image makeover

Rupee getting the image makeoverOn Thursday the government approved a new sign for our Indian rupee which shall be utilized from now onwards to depict the Indian currency in all scribed and electronic messages universally.

The symbol merges the Roman note ‘R’ and it’s equal in Devnagari which is a script dedicated in Hindi and in some different North Indian languages as well that were the derivative from Sanskrit.

Massive fire broke out in Delhi tire market

Massive fire broke out in Delhi tire market  At Bara Hindu Rao tyre market on Saturday morning a major fire broke out and wrath on for more than 8 hours obliterating over 50 shops. 35 fire tenders were being called to drench the flames that commenced around 2.45am, which sparked due to a short circuit. However no one was hurt in the accident.

Further the Fire department officials expressed that it was hard to put the fire under regulation as the tyres are manufactured out of carbon black, rubber and rubber chemicals which activated the blaze. Approximately

Canara Bank Q1 Net Surges 83%

Canara Bank Q1 Net Surges 83%State-run Canara Bank has registered an increase of 83% in its net profit, which stood at Rs 1,013 crore during the first quarter (April-June) as compared to Rs 555 crore during the same period of last year (2009-10).

Mr. A. C. Mahajan, Canara Bank chairman and managing director said, "We have posted a record net profit in the first quarter owing to nine-fold jump in income from treasury operations and net interest income (NII) growing by 34 percent YoY to Rs. 1,728 crore from Rs. 1,291 crore year ago."

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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

IIFL Finance Share Price Could Reach Rs 700: Motilal Oswal

Motilal Oswal Financial Services has reaffirmed its bullish stance on IIFL Finance, maintaining a BUY rating and raising its target price to Rs 700, implying an upside of roughly 23% from the curre

Infosys Limited Share Price Target at Rs 1,254: Deven Choksey Research

Domestic brokerage Deven Choksey Research has reaffirmed a BUY rating on Infosys Ltd, setting a 12-month target price of Rs 1,254 against a current market price of Rs 1,051, implying 19 percent ups

HDB Financial Services Share Price Target at Rs 900: ICICI Securities

ICICI Securities has maintained its BUY recommendation on HDB Financial Services, setting a target price of Rs 900 versus a current market price of Rs 752, implying around 20% upside.

Tata Power Share Price Target at Rs 488: Motilal Oswal Research

Motilal Oswal has reiterated a BUY rating on Tata Power with a target price of Rs488, implying about 29% upside from the current market price of Rs378.