MIDCAP sector Updates

Polaris bags USD 55 mn project to implement CBS for RBI Financial technology company PolarisSoftware Lab has bagged its largest ever project valued at USD 5 SpiceJet needs $200-250m to add planes in FY12: CEO

Educomp, India Today form pact to set up 30 schools

 VA Tech Wabag sees 20% increase in order book this year

 Gujarat Alkalies eyes 25% turnover increase in FY12

IL&FS Engg says current order book at around Rs 9,000cr

 Ipca Laboratories expects to clock 18-20% growth in FY12

Kingfisher not looking at debt conversions anymore: CFO

 Expect subsidiaries to be in black in FY12: Everonn

Accumulate Jubilant Foodworks; target of Rs 700: PLilladher

Buy HT Media; target of Rs 174: ICICIdirect.com

Buy J&K Bank; target of Rs 975: Motilal Oswal

High crude prices may impact traffic growth: Jet Airways