According to the brokerage, LG Electronics is well placed to benefit from structural premiumisation across TVs, refrigerators, washing machines and ACs, while the expanding LG Essential portfolio provides an additional growth factor by broadening its addressable market. Over the medium term, Motilal Oswal expects Sri City capacity expansion, deeper localisation and increasing exports to further strengthen the growth and profitability profile. NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy. Motilal Oswal Report Domestic brokerage firm Motilal Oswal values LG Electronics Ltd. at 45 times Sep'28E earnings per share to arrive at a target price of Rs 2,080 and has reiterated Buy rating implying a potential upside...
An eight-year-old boy was killed after he was knocked down and run over by an SUV driven by a woman who was distracted while speaking on her mobile phone at the time of incident, according to reports.
Police have identified the deceased boy as as Ansh Ravindra Gupta, 8, while the accused woman has been identified as Megha Rawal, 45, news agency PTI reported.
Police arrested the driver of the SUV and further investigation into the circumstances surrounding the fatal crash is underway.
According to police, the incident took place in the afternoon on John Baptist Road, opposite Jijamata Garden, when the boy, Ansh Ravindra Gupta, was crossing the road.
“Rawal drove the vehicle recklessly at an excessive speed and, while distracted on a phone call, forcefully knocked Gupta down and ran the vehicle over him,” a police official said, according to PTI.
The child suffered severe injuries in the accident and was rushed to Holy Family Hospital. However, doctors declared him dead on arrival, police said.
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Rawal, a resident of Bandra, has been booked under Section 105 of the Bharatiya Nyaya Sanhita (BNS), which deals with culpable homicide not amounting to murder.
Police have also invoked Sections 281 and 125 of the BNS, relating to rash driving and acts endangering life or personal safety.
In addition, she has been booked under Section 184 of the Motor Vehicles Act for dangerous driving, police said.
(With PTI inputs)
from NDTV News- Special https://ift.tt/UBKaCI3
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