New Delhi: Bharti Airtel Lanka Pvt Ltd will invest up to $200 million by 2009 for offering mobile services in Sri Lanka. The recent plan is a part of company’s strategy to amplify its presence beyond India.
At its meeting held Aug. 14, 2007, the board directors of Akar Tools have sanctioned a dividend of 15% or Rs 1.50 a share of Rs 10 each for the fiscal 2006-07. 
According to the reports Reliance Retail is ready to open up 500 hypermarkets crosswise the country by next three years (2010). 
With weak worldwide markets activating a substantial sales event, the Sensex plunged over 650 p
Zuari Industries touched its 52 week high of Rs 254.90.Motilal Oswal Financial Services has reiterated a BUY on Arvind, setting a target of Rs 670 against a market price of Rs 557, an upside of about 20 percent.
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Featured, India Business, Analyst View, Stock Markets, Arvind Limited, India, Motilal Oswal, Textile Sector
DRChoksey Research has maintained a BUY on State Bank of India, setting a sum-of-the-parts target of Rs 1,272 against a market price of Rs 1,062, an upside of about 20 percent.
Featured, India Business, Analyst View, Stock Markets, Finance Sector, Fusion Finance, ICICI Securities, India
ICICI Securities has maintained a BUY on Fusion Finance, holding a target of Rs 240 against a ruling price of Rs 206, an upside of about 17 percent.
Motilal Oswal Financial Services has reiterated a BUY on Gokaldas Export, setting a target of Rs 1,110 against a ruling price of Rs 761, an eye-catching upside of about 46 percent.
Main Regional Stories
Featured, India Business, Analyst View, Business News, Cement Sector, India, Motilal Oswal, Ultratech Cement
Motilal Oswal Financial Services has reiterated a BUY on UltraTech Cement, pinning a 12-month target of Rs 13,800 against a prevailing price of Rs 11,780, an implied upside of roughly 17 percent.
Featured, India Business, Analyst View, Hexaware Technologies, India, Motilal Oswal, Technology Sector
Motilal Oswal Financial Services has reiterated a Buy rating on Hexaware Technologies, maintaining its target price at Rs 720, implying roughly 26% upside from the current market price of Rs 570. Following a management meeting with CEO R.
The blockade in Strait of Hormuz has impacted Petrochemicals, Plastics, Fertilizers and Industrial Gases and that has led to higher inflation in many countries.
Indian economy has been growing fast but the exports do not follow the same trajectory. Indian government has taken some steps to improve the exports but more would be needed.
