Mumbai: Reliance Industries Ltd will close down its polyester intermediate mono-ethylene glycol (MEG) manufacturing plant in Kurkumbh, which is 70 km from Pune, and transfer the complete unit to a new place. 
New Delhi: Prime Minister Manmohan Singh t
Guwahati: On Wednesday, Tarun Gogoi, Assam’s Chief Minister requested to the separatist ULFA and other insurgent outfits to disown hostility and come to the compromise desk. 
New Delhi: International Finance Corporation (IFC) will provide $150 million as loan to publicly owned Petronet LNG Ltd (PLL) to construct a liquefied natural gas (LNG) import and regassification workstation in South India. 
BRICS Securities has been ordered by SEBI to pay a penalty of Rs 10 Lakhs.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.
News in Focus
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.
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.
Featured, India Business, Analyst View, Stock Markets, Delhivery, ICICI Securities, India, Retail Sector
ICICI Securities has maintained a Buy rating on Delhivery Limited, keeping its target price at Rs 600, implying roughly 27% upside from the current market price of Rs 473.
Main Regional Stories
ICICI Securities has maintained a Buy rating on Star Cement Limited, trimming its target price slightly to Rs 251 from Rs 260 earlier, implying roughly 26% upside from the current market price of Rs 199.
Motilal Oswal Financial Services has maintained its Buy rating on Godrej Consumer Products Limited (GCPL), keeping its target price unchanged at Rs 1,300, implying roughly 27% upside from the current market price of Rs 1,025.
Featured, Analyst View, Stock Markets, Aviation Sector, Hindustan Aeronautics Ltd, India, Motilal Oswal
Motilal Oswal Financial Services has reiterated a Buy rating on Hindustan Aeronautics (HAL), raising its target price to Rs 5,800 from Rs 5,500 earlier, implying roughly 16% upside from the current market price of Rs 4,995.
Motilal Oswal Financial Services has reiterated a Neutral rating on Senco Gold (SENCO), maintaining a target price of Rs 385, implying roughly 11% upside from the current market price of Rs 346.
