India Infoline has maintained its buy rating on Aban Offshore with a traget price of Rs 2560. Historically, Aban has clocked the highest operating margins in the industry at a global scale. Further, the growth rate expected for Aban over the next couple of years is higher than most of its peers....

It will be a sentimental leg up for sure for the markets. But beyond that I don’t think it will matter too much in the life of financial markets....

The Hong Kong Tourism Board will be organising its largest trade mission in four Indian cities – Bengaluru, Chennai, Mumbai and New Delhi – between 8-12 September, 2008...

Yatra.com, India's leading online travel company announced the expansion plans for its premium retail chain – Yatra.com Holiday Lounge in Maharashtra....

IIFL has recommended a buy rating on Larsen and Toubro with a 12-month target price of Rs 3553. L&T’s FY08 annual report highlights the company’s strong financial position enabling the company to embark on major capacity and capability enhancement programme....

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger...

Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger...

Left just thorn in the indian politics. I hope congress or bjp come with complete majority and indian economy higher...

This company closing down piramyd retail stores and having accumulated losses. So no business and no capital what the hell they are going to do?...

L&T is a good stock to hold and should be bought when market is weak....

Of course it is a victory....

MMB Messenger, I think its a victory becoz i hear deafening cracker noises in my neighborhood....

China, a Left country, tried its level best to block the NSG waiver in last three days. Its NSG representative even remained absent on day three, as I learn (not yet confirmed). China put forth the small western and european countries for the purpose. The opposition of those other countries was based on principle of nuclear non-proliferation. But China has dirty hands in providing illegal nuclear material and technology to pak and Dr. Khan. At last Prez Bush had to talk China in person to remove the hurdle. Was China opposing the waiver just because Leftist in India were against the deal ? No, China even does not know the names of Indian Leftiest leaders. It just can not tolerate Indian progress, this we know since 1962. If China was opposing Indian case, how it can be surrender? If it could have been surrender, China should have been more than happy, but it was opposite case. Indian Leftiest are opposing just because of their allergy to US. Otherwise Indian Leftiest are so fool that if it rains in Beijing, they pull out the umbrellas here in Delhi. Leftist are the most foolish politicians worldwide. Its a dead philosophy. Be assured, Left MPs will reduce to single digit in next elections. This will happen even with WB and Kerala holds. Its a VICTORY...NO DOUBT, whatsoever. Cheers... ...

MUMBAI: The Rs 1,000-crore textiles-to-real estate major, Bombay Dyeing, will develop eight lakh sq ft of property on its surplus land in Mumbai. The company will construct a high-rise building for commercial and residential use. ”We will commence construction of a high-rise tower in two months. The entire project will be sold off in the next 24 months,” chairman Nusli Wadia told shareholders at the company’s AGM here on Tuesday. Although it would be difficult to fix a value for the upcoming project, real estate market sources said the company could earn a few thousand crores. However, the value will depend on the state of the real estate market, which has shown signs of weakness of late. “It’s anyone’s guess where the market is headed for in the next two years,” said a real estate analyst on condition of anonymity. Bombay Dyeing had started selling its Spring Mills project at Dadar in 2006 at an introductory price of Rs 10,200 per sq ft, which zoomed to Rs 25,000 per sq ft in January 2008. The company is redeveloping its Spring Mills property in Central Mumbai into a residential tower, 84% of which has been sold. The work at Dadar and Worli is also under way, with two commercial and IT/ITeS towers expected to be ready by 2009-10. “This is 45% ready,” Mr Wadia said. “Instead of our earlier plans to lease out part of the property, we are now looking selling,” he added. Bombay Dyeing, which suffered a Rs 48-crore loss for the quarter ended June 2008, is likely to take a hit in the second quarter too. “We expect a further loss due to production of polyester stable fibre, which started in October 2008. The second quarter is also expected to be the same (loss-incurring). We see positive results in the third quarter,” Mr Wadia said. ...