$61K spent on fighting against $500 fine!

$61K spent on fighting against $500 fine!Observers have said that an Austin, Texas, public transit agency spent more than $61,000 in legal fees fighting a $500 Occupational Health and Safety Administration fine.

The Austin American-Statesman reported on Wednesday that fined for failing to file OSHA required paperwork, Capital Metro successfully appealed the fine, saying it was a "political subdivision" of the state and not an independent private company.

Ohio GOP candidate for governor apologizes for 'Chicken shack' campaign

Ohio GOP candidate for governor apologizes for 'Chicken shack' campaignOfficial reports have revealed that an aide to the Ohio GOP candidate for governor has apologized for saying in an e-mail Ohio Gov. Ted Strickland, a Democrat, grew up in a "chicken shack."

The (Cleveland) Plain Dealer reported on Wednesday that in an e-mail to reporters, Republican candidate John Kasich's press secretary Rob Nichols said Strickland wasn't sympathetic to the problems of Ohio cities because he grew up "in a chicken shack on Duck Run."

Swedish Lundin Petroleum's activities in Sudan under scanner

Swedish Lundin Petroleum's activities in Sudan under scannerIt has been reported that a Swedish investigation has been started into Lundin Petroleum's activities in the Sudan and whether it was a party to war crimes between 1997 and 2003.

The Christian Science Monitor has reported that Magnus Elving, the public prosecutor, announced the investigation on Monday. It was sparked by a report by the European Coalition on Oil in Sudan that a consortium led by Lundin and including Petronas of Malaysia and OMV of Austria "may have been complicit in war crimes and crimes against humanity."

Buy Dena Bank For Target Of Rs 102

Buy Dena Bank For Target Of Rs 102Stock market analyst Rahul Mohinder is of the view that investors can buy Dena Bank stock with intra-day targets of Rs 97-102.

According to analyst, the traders can buy the stock stop loss of Rs 92.50.

The shares of the bank, on June 23, closed at Rs 94.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 95.45 and a low of Rs 46 on BSE.

Current EPS & P/E ratio stood at 17.82 and 5.38 respectively.

The analyst said that Dena Bank is a profitable option.

Buy SJVN With Target Of Rs 197

Buy SJVN With Target Of Rs 197Stock market analyst Arun Kejriwal has maintained 'buy' rating on Satluj Jal Vidyut Nigam Limited (SJVN Ltd) stock with target of Rs 24.60.

According to analyst, the investors can buy the stock with stop loss of Rs 22.75.

The stock of the company, on June 23, closed at Rs 23.15 on the Bombay Stock Exchange (BSE).

Recognizing the attempts made for timely conformity to commercial commitments by power utilities in the direction of 1500 MW Nathpa Jhakri Hydro-Power Station, Satluj Jal Vidyut Nigam Limited (SJVN) has taken the lead in India by offering a rebate of Rs 21.67 crore.

Buy Hexaware With Target Of Rs 87

Buy Hexaware With Target Of Rs 87Stock market analyst Sanjay Surekha is of the view that investors can buy Hexaware Technologies Ltd with target of Rs 87.

According to analyst, the investors can buy the stock with strict stop loss of Rs 73.

The shares of the company, on June 23, closed at Rs 77.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 102.80 and a low of Rs 37.75 on BSE.

Current EPS & P/E ratio stood at 12.32 and 6.32 respectively.

Hexaware Technologies Ltd (HTL) is an IT and BPO service provider, which is based in Mumbai, Maharashtra.

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