UTI Bank To Raise Rs. 2000 Crore Fresh Capital

UTI BankUTI Bank executive director of corporate strategy, Asok Kumar has announced that they have dec

Google To Bring Out PowerPoint Killer

Google IncThe Mountain View, California based Google Inc is planning to bring out PowerPoint killer,

Rising Rupee Could Go Weak

Indian CurrencyAccording to the reckonings of Treasury managers and economists, the rupee could slide back to its 43 levels against the US dollar by the end of this calendar year; the short term gains of the local currency indicated at a weaker currency over the medium term.

Maruti To Introduce iCATs

Maruti Ltd.Following the European Union way of employing hi-tech anti-theft devices in cars, the largest Indian car manufacturer, Maruti Udyog, is set to introduce the immobilizer system, iCATs, across all its models.

iCATs (intelligent Computerized Anti-Theft system) works on the principle of multiplexed communication where an inbuilt transponder, into the car key, carries a unique electronic identification and a secret code that digitally communicates with the engine computer via a controller. The car engine starts only if the secret code matches thus preventing the car from being stolen.

Declining Dollar Results In Inflation Decline

DollarsDecline of dollar against most major currencies is turning out to be great for Indian economy. The rupee has improved hugely to close at 41.85/86 against the dollar, which is recorded as a nine-year high.
The world-wide flaw of the dollar, attached with the resumed inflows from foreign institutional investors (FIIs) and the tightening of domestic rates assures traders to purchase the rupee and sold the dollar. This scenario would surely ease inflation because of decline in the cost of imports.

Kerry Might Run For Presidential Election

Sen. John KerryDuring a book signing in Denver and in an interview with 9NEWS, the 2004 Democratic nominee, Sen. John Kerry, rules in the possibility of 2008 presidential campaign.
He declared at the Tattered Cover bookstore that he currently had no desire to support any candidate for the office.
Kerry and his wife, Teresa Heinz Kerry, are concluding up a nationwide tour to promote their book, “This Moment on Earth,” highlighting booming attempts at the local level to enhance the environmental conditions.

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News in Focus

Tata Consultancy Services (TCS) Share Price Could Reach Rs 2,430: Anand Rathi Research

Anand Rathi Share and Stock Brokers has maintained its BUY call on Tata Consultancy Services with a 12-month target of Rs 2,430, about 17% above the current price of Rs 2,076.

Gemini Agent Introduced in Google Cloud for Easier Completion of Tasks

Google Cloud has introduced Gemini Agent, positioning it as a “universal agent for work” that moves beyond conversational AI into delegated execution.

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

Prabhudas Lilladher has retained its BUY call on Kotak Mahindra Bank and raised its target price to Rs 500 from Rs 480, implying about 20% upside from the current market price of Rs 417.

Mahindra Lifespace Developers Share Price Target at Rs 500: Emkay Global

Emkay Global Financial Services has reiterated its BUY call on Mahindra Lifespace Developers with a target price of Rs 500, implying about 42.5% upside from the current market price of Rs 351.

HDFC Bank Share Price Target at Rs 925: Motilal Oswal Stock Research

Motilal Oswal has reiterated its BUY call on HDFC Bank with a target price of Rs 925, implying 28% upside from the current market price of Rs 721.

Delhivery Share Price Could Reach Rs 510: Motilal Oswal Financial Services

Motilal Oswal Financial Services has reiterated its BUY rating on Delhivery, setting a discounted-cash-flow target of Rs 510 that implies roughly 28 percent upside from the current price of Rs 397.