Google’s DoubleClick Acquisition Will Threaten Rivalry & Privacy - Microsoft

Google and DoubleClick

Palm Launches ‘Centro’ For Cost Conscious Users

Palm Centro
New York: Palm Inc has launched its smallest smartphone, making its initial entry into the low end phone market in a bid to perk up growth plans, and provide a cheesier option to Apple Inc’s iPhone.

For its new “Centro,” a smaller and lighter edition of its Treo smartphone, Palm has determined the price of just $100 to attract more and more customers. Sprint Nextel Corp will sell ‘Centro’ for the rest of the year in the United States.

Deccan Aviation Quarterly Net Loss Broadens To 57%

Air Deccan

DeCA Recalls Beef Sold At Snack Counters

DeCA Recalls Beef
According to a DeCA news release, the Defense Commissary Agency has called back a few of its frozen ground beef products accompanying a U.S. Department of Agriculture notice of possible E. coli contamination.

The group carries two of the recalled products prepared by Topps Meat Company LLC:

ICICI Bank Pays Over Rs 15 Lakh As Compensation To Dead Customer’s Wife

ICICI Bank

Gammon India Fined 10% of Project Cost for Flyover Collapse

New Delhi: The research team on the flyover collapse in Hyderabad has given a clean chit to Gammon India. The report stated that heavy rains were the main reason for the collapse.

But it added that Gammon had not taken enough care, regardless of facts and skill.

Gammon India has been penalized 10% of the entire project cost.

The report told that the collapse was because of soil erosion caused by digging of trenches by the water board, for which action should be taken against the Greater Hyderabad Municipal Corporation or GHMC.

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News in Focus

Mayur Uniquoters Share Price Target at Rs 899: Joindre Capital Services

Joindre Capital Services has initiated coverage on Mayur Uniquoters with a BUY rating and a target of Rs 899 against a current price of Rs 731, implying roughly 23 percent of upside.

LG Electronics India Share Price Target at Rs 2,080: Motilal Oswal

Motilal Oswal has reiterated a BUY rating on LG Electronics India with a target of Rs 2,080 against a current price of Rs 1,711, implying roughly 22 percent of upside.

Shriram Finance Share Price Target at Rs 1,220: Motilal Oswal

Motilal Oswal has reiterated a BUY rating on Shriram Finance with a target of Rs 1,220 against a current price of Rs 972, implying roughly 26 percent of upside.

Kotak Mahindra Bank Share Price Target at Rs 500: Prabhudas Lilladher

Prabhudas Lilladher has retained a BUY rating on Kotak Mahindra Bank and nudged its target price up to Rs 500 from Rs 480, against a current price of Rs 417 — implying roughly 20 percent of upside.

Coforge Share Price Target at Rs 1,980: Axis Securities

Axis Securities has issued a BUY call on Coforge in its latest Axis PUNCH idea, setting a three-to-six-month target of Rs 1,980 against a current price of Rs 1,800 — a tactical upside of about 10 p

Krafton to Invest Another $250 Million in India, Betting on Artificial Intelligence and Robotics

South Korean Krafton, best known as the publisher of PUBG and Battlegrounds Mobile India (BGMI), has announced plans to invest an additional $250 million in the Indian market over the next three to