HCL Infosystems Acquires 60% Stake In NTS Group

HCL Infosystems Acquires 60% Stake In NTS GroupHCL Infosystems declared that it has purchased a 60% equity stake in NTS Group, a leading Dubai-based IT services and solutions company.

Though HCL Infosystems did not reveal the size of the deal, according to market analysts, it was around $6.5 million.

The acquirement of NTS will now assist HCL Infosystems strengthen its attendance in the Middle East and African markets.

Survey: 80% Females Fear For Safety In National Capital

Survey: 80% Females Fear For Safety In National CapitalAccording to new survey, around 80 percent of females residing in the national capital fear for their security in the city.

The survey was carried out by the Delhi administration's women and child development department, NGO Jagori and international organisation Unifem.

The survey, which released on Thursday, is based on interviews of 5,010 individuals, comprising 3,816 females and 944 males.

Israeli Prime Minister’s security team loses high-powered guns

Israeli Prime Minister’s security team loses high-powered gunsU. S. officials have said that four high-powered semiautomatic guns are missing from a suitcase belonging to Israeli Prime Minister Benjamin Netanyahu's security team.

The New York Post and The Wall Street Journal have reported that the luggage went missing after being checked at New York's Kennedy International Airport Sunday for an American Airlines flight to Washington ahead of Netanyahu's meeting with President Barack Obama Tuesday. The luggage turned up in Los Angeles and was sent back to Washington by way of Chicago.

Debate over same-sex marriage law heats up

Debate over same-sex marriage law heats upAccording to the reports a federal judge in Massachusetts on Thursday ruled a law prohibiting federal recognition of same-sex marriage unconstitutionally "encroaches" on state powers.

Gay and lesbian couples may not be denied the same federal benefits as heterosexual couples, said U. S. District Court Judge Joseph L. Tauro, ruling in two separate challenges to the Defense of Marriage Act.

U.S. Coast Guard gives up hope for missing Hungarian tourists

U.S. Coast Guard gives up hope for missing Hungarian touristsAccording to reports, the U. S. Coast Guard gave up the search Thursday for two Hungarian tourists missing after a barge struck a Duck Boat off Philadelphia.

KYW-TV, Philadelphia, has reported that Petty Officer Crystal Kneen said there is no hope that the two are still alive. She said the Coast Guard spent 20 hours trying to find a 20-year-old man and 16-year-old girl who have not been seen since the boat capsized and sank Wednesday afternoon in the Delaware River.

Mahindra & Mahindra rolling Xylo micro-hybrid

Mahindra & Mahindra rolling Xylo micro-hybridMahindra & Mahindra expressed that it shall be rolling out on the red carpets the micro-hybrid version of its upcoming versatile machine Xylo prior to the year-end, as it moves up to launch two electric cars from the Reva string by the end of the year 2011.

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News in Focus

Chalet Hotels Share Price Target at Rs 1,089: Prabhudas Lilladher Research

Prabhudas Lilladher (PL Capital) has reiterated its BUY recommendation on Chalet Hotels with a target price of Rs1,089, underscoring a compelling transformation st

SAIL Share Price Target at Rs 200: Emkay Research Positive on Steel PSU

Emkay Research has reiterated its BUY recommendation on SAIL, raising the target price to Rs200 from Rs175, implying an upside of nearly 25% from the current market price of Rs160.

Godrej Properties Share Price Target at Rs 2,096: Geojit Investments Positive on Real Estate Major

Godrej Properties Limited (GPL) enters FY26 with mixed quarterly financials but a structurally strong operational backbone.

Waaree Energies Share Price Target at Rs 4,260: Emkay Research Suggests 57% Upside on Energy Stock

Emkay Research has reiterated its BUY recommendation on Waaree Energies, maintaining a target price of Rs4,260 against the current market price of Rs2,709, implying an upside of over 57%.

CIE Automotive India Share Price Target at Rs 600: ICICI Securities

ICICI Securities has reiterated its BUY recommendation on CIE Automotive India, setting a 12-month target of Rs 600, implying roughly 20% upside from the current market price of Rs 500.