Mumbai: In yet another mega acquirement in the steel segment, JSW Steel has adopted three steel companies in Texas, U.S for $900 million to get a foothold in the North American market. 
Sujana Towers has listed at a price of Rs 122.20.
Vijay Mallya has announced his plans to use Air Deccan to fly abroad by year 2008. Currently, any domestic airline has to operate for 5 years to be eligible for flying overseas. The booming Aviation industry is asking Government to change the norms regarding this 5 year period.
Ranbaxy Laboratories has got sanction from the US Food and Drug Administration (USFDA) to produce and market Hydrocodone Bitartrate and Acetaminophen Tablets USP, 75 mg/750 mg, 10 mg/500 mg, 5 mg/500 mg, and 10 mg/325 mg strengths. 
Housing Development Infrastructure Limited has informed the exchange about its plans to buy Kilburn Engg's Bhandup Unit. During afternoon trading, Housing Development and Infrastructure, HDIL is hovering near Rs 510. During the day, it touched an intraday high of Rs 530 and an intraday low of Rs 479.10. The stock ended the day at 490 on NSE with a net loss of Rs 30.Axis Securities has maintained its Buy rating on Bank of Baroda, though it has trimmed the target price to Rs 290 from Rs 315, implying an 18% upside from the current market price of Rs 246.6.
News in Focus
Axis Securities has reiterated a Buy rating on Greenply Industries Limited, raising its target price to Rs 355 from Rs 340, implying a 19% upside from the current market price of Rs 298.
Featured, India Business, Analyst View, Axis Securities, India, Insurance Sector, SBI Life Insurance
Axis Securities has reiterated a Buy rating on SBI Life Insurance Limited, setting a target price of Rs 2,350, implying a 27% upside from the current market price of Rs 1,859.
Featured, India Business, Analyst View, FMCG Sector, ICICI Securities, India, Tata Consumer Products
Featured, India Business, Analyst View, Finance Sector, ICICI Securities, India, Jana Small Finance Bank
ICICI Securities has maintained its BUY call on Jana Small Finance Bank, lifting the target price to Rs 600 from Rs 535 and implying about 20% upside from the current market price of Rs 498.
Main Regional Stories
Invest4Edu Private Limited has initiated coverage on Honasa Consumer Limited, the parent of Mamaearth and a stable of digital-first beauty brands, with a BUY rating and a target price of Rs 570 — implying roughly 21% upside from the current market
Motilal Oswal Financial Services has reaffirmed its bullish stance on IIFL Finance, maintaining a BUY rating and raising its target price to Rs 700, implying an upside of roughly 23% from the current market price of Rs 570.
Domestic brokerage Deven Choksey Research has reaffirmed a BUY rating on Infosys Ltd, setting a 12-month target price of Rs 1,254 against a current market price of Rs 1,051, implying 19 percent upside.
