Cadila Healthcare Mounts On back of Fund Raising Plan

Cadila HealthcareZydus Cadila Healthcare’s stock jumped 4.76% to Rs 363.30 on the B

SBH Boosts NRE Depository Rates

State Bank of HyderabadHyderabad: State Bank of Hyderabad (SBH) has augmented interest

PNB Alters FCNR (B), NRE Rates

Punjab National BankPunjab National Bank (PNB) has increased the rates of interest offered

HDFC Bank Opens 19 Branches In A Day

HDFC BankHDFC Bank has opened 19 branches in a day in Delhi and the National Capital Region (NCR), outdoing its own record of 14 branches in a day in October 2005.

With the launch of 19 branches on Saturday (June 2), the total number of branches in Delhi and NCR has gone up to 116 and to 270 in North India. As on March 31, 2007 the bank had a network of 684 branches and 1,605 ATMs in 316 towns and cities.

HDFC Bank was established in August 1994 as HDFC Bank Limited. As of December 31, 2006, the bank had a India network of 684 branches in 316 cities in India and over 1663 ATM's. The Bank started its operations as a Scheduled Commercial Bank in January 1995.

UBI Cuts Home Loan Rates By 50 bps

United Bank of IndiaUBI has abbreviated interest rates on home loans up to Rs 20 lakh by

Tata Tea In JV Deal With Zhejiang Tea

Tata TeaTata Tea has signed up a joint venture deal with Zhejiang Tea Import and Export Company of Pe

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News in Focus

Indegene (INDGN) Share Price Target at Rs 700: Kotak Securities

Kotak Institutional Equities has issued a BUY recommendation for Indegene, a leading IT services firm specializing in the healthcare and life sciences sectors, with a current marke

InterGlobe Aviation (INDIGO) Share Price Target at Rs 6,700: Kotak Securities

Kotak Institutional Equities has issued a BUY recommendation on InterGlobe Aviation (IndiGo), setting a one-year target price of Rs6,700, which represents a compelling upside from the current marke

Premier Energies Share Price Target at Rs 1,320: ICICI Securities

ICICI Securities has issued a BUY call for Premier Energies, setting a 12-month target price of Rs 1,320, representing a potential upside of 25% from the current market price.

Tata Consumer Products Share Price Target at Rs 1,360: Motilal Oswal Research

Motilal Oswal Financial Services has reaffirmed its BUY rating on Tata Consumer Products (TCPL) with a 12-month target price of Rs 1,360, projecting 21% upside from current levels.

Axis Bank Share Price Jump 1.08%; Immediate Resistance at Rs 1,265

Axis Bank Share Price jumped 1.08 percent on Tuesday as overall sentiment about banking sector remains positive after RBI's rate cut decision.

HDFC Bank Share Price Declines 0.8 Percent; Immediate Supports at Rs 1,926

HDFC Bank share price declined 0.8 percent on Tuesday. The stock opened the session at Rs 1,982 and that remained the high for the day.