Leading home appliances firm Whirlpool has declared its first quarter financial results for the fiscal year 2010. As per the report it has managed to register an impressive net profit rise of 39%. 
After Infosys mentor, Nandan Nilekani was roped in by government to handle its Special Project named UIDAI, the latest to join the team is Bloomberg UTV's editor-in-chief, Govindraj Ethiraj. Invited by Nandan Nilenkani to join the clan, Govindraj has been instrumental in establishing Bloomberg UTV's operations in the country. 
One of the largest banks in the world- Citibank has appointed Pankaj Vaish as Head of Markets for Citi in India, Bangladesh and Sri Lanka. Vaish will shoulder the responsibilities for the fixed income, currencies, credit, commodities and equities businesses of the bank. 
The online and mobile video monetization company, Vdopia has recently appointed Lovnish Bhatia as General Manager, Business Development for its India operations. Bhatia that brings on board over 10 years of vast experience from the media industry will take charge of strategic and operational areas of the company. The announcement comes at a time when the company is increasing its business presence within the region with an increased focus on business development as an area. 
World Phone- An internet service provider company in India has launched its latest service named Cyclops. This marks the entry of company into the physical security systems market in India which is pegged to reach around $3.5 Billion within next few years growing at a CAGR of 30%. 
The Direct to Home (DTH) arm of Zee group has appointed R. C. Venkateish as the new CEO of the company. ICICI Securities has maintained its BUY call on IDFC First Bank with a revised 12-month target price of Rs 95, down from Rs 100, implying about 32% upside from the current market price of Rs 72.
News in Focus
Deven Choksey Research has maintained its BUY rating on HDFC Bank with a target price of Rs 981, implying about 43% upside from Rs 688.
Anand Rathi Research has maintained its BUY call on DCB Bank with a 12-month target price of Rs 312, implying about 56% upside from the Rs 200 share price.
Featured, India Business, Analyst View, Stock Markets, Godrej Properties, India, Motilal Oswal, Real Estate
Motilal Oswal Financial Services has reiterated its BUY call on Godrej Properties with a target price of Rs 2,200, implying about 47% upside from the current market price of Rs 1,498.
Featured, India Business, Analyst View, Stock Markets, Hotels Sector, ICICI Direct, India, ITC Hotels
ICICI Securities has maintained its BUY call on ITC Hotels with an unchanged 12-month target price of Rs 220, implying about 29% upside from the current market price of Rs 170.
Featured, India Business, Analyst View, Emkay Global, India, Insurance Sector, Nippon Life, Personal Finance
Emkay Global Financial Services has reiterated its BUY call on Nippon Life India Asset Management with an unchanged September 2027 target of Rs 1,300, about 33% above the current price of Rs 976.
Main Regional Stories
Emkay Global Financial Services has reiterated its BUY rating on IndusInd Bank, trimming its 12-month target price by 12.5% to Rs 1,050 from Rs 1,200, which implies about 25.7% upside from the current market price of Rs 835.
Advanced Micro Devices declined nearly 12 percent during the trading session as Intel declined 30 percent. AMD was down during premarket but the stock slipped further during the trading session.
Intel shares fell as much as 30% in early trading Friday, wiping out more than $125 billion in market value and putting the chipmaker on course for its worst session since 1974.
Featured, India Business, Analyst View, Stock Markets, Finance Sector, India, Motilal Oswal, Shriram Transport Finance
Motilal Oswal Financial Services has reiterated its BUY call on Shriram Finance with a target price of Rs 1,155, about 33% above the Rs 867 share price. The September quarter was mixed.
