India News

Stock Markets To Perform Well Today – Rahul Agarwal

Rahul Agarwal, VP Institutional Sales, LKP Shares, said that yesterday stock markets were very strong, lot of buying was seen in Reliance Group and banking stocks. Auto sector also did well. Markets lifted largely due to short covering.

According to Mr. Agarwal, markets will remain strong today (August 28). He anticipates constant recovery to occur in the markets though market can be explosive and can again drop to 14,000 level.

Sanjay Dutt Temporarily Released For A Month

Sanjay DuttMumbai: Bollywood star Sanjay Dutt is breathing easy at the moment. He will remain out of prison for an additional month after the TADA court decided to provide the actor with a judgment copy sending him to lockup for six years in the Mumbai serial blasts case only on September 27.

Indian Government Disregards OCA Warning

Olympic Council of AsiaNew Delhi: Yesterday, the Sports Ministry dismissed the Olympic Council of Asia’s threat to hang up the Indian Olympic Association’s connection, stating the administration was not trying to conflict upon anyone's self-government by purposing a self-governing Sports Regulatory Authority in its Sports Policy Draft.

Fortis Plans To Establish Medicity In Gurgaon

Fortis HealthcareRanbaxy promoted healthcare Company, Fortis Healthcare plans to set up a medicity in Gurgaon, and another 28 hospitals by 2010. The group will invest Rs 1,800 crore on the project.

Multi-Layered Arrangement Not In Investors’ Favour – RBI

Reserve Bank of IndiaMumbai: The Reserve Bank of India (RBI) is not supporting

Sony Sets Sales Targets of Rs 100-Cr in Kerala

Kochi: Sony IndiaSony KLV20SR3 LCD Pvt Ltd is aspiring to reach Rs 100 crore sales in K