Category: English

ZEE falls 3% but analysts say valuations compelling

NEW DELHI: Shares of ZEE Entertainment fell nearly 3 per cent in Wednesday’s trade after the media firm reported weaker-than-expected December quarter results. But a couple of brokerages still believe the stock can be a good buy call, given its cheap valuations. CLSA has maintained a buy rating on the stock with a target price […]

RSS worker arrested for allegedly hurling bomb

The police on Tuesday arrested a Rashtriya Swayamsevak Sangh worker who allegedly hurled a bomb at a police picket on Ponniyam Nayanar Road in the Kathirur police station limits last week. A police team arrested K. Prabesh, a resident of Malal, from the house of his relative in Coimbatore, where he had gone into hiding. […]