CDC and JP Morgan PE-backed Narayana Health appoints bankers to manage IPO

THE ECONOMIC TIMES Fri, May 01, 2015 | 08:02 AM IST ET Investment Opportunities

Five reasons to invest in a child insurance plan As a parent, your primary duty is therefore to protect the future of your child, and a good way to start is to invest in a child insurance plan.

Despite taxation, NPS is a much better option In five to seven years, it will become obvious that NPS returns are much higher than EPF and the service standard and convenience are much higher.

CDC and JP Morgan PE-backed Narayana Health appoints bankers to manage IPO CDC and JP Morgan PE-backed Narayana Health appoints bankers to manage IPO Private equity investors JP Morgan and Pinebridge Capital had invested $100 million in the company in 2008 for a 25% stake. MM Auto Industries withdraws IPO application MM Auto Industries withdraws IPO application MM Auto Industries Ltd has withdrawn its proposed initial public offer, making it the third entity to pull back of an IPO this year. Cotton seeds producer Nuziveedu Seeds files IPO papers with Sebi Cotton seeds producer Nuziveedu Seeds files IPO papers with Sebi Leading cotton seeds producer Nuziveedu Seeds has filed its draft papers with capital markets regulator Sebi to float an initial public offer (IPO). Biocon files prospectus for Syngene IPO to raise Rs 600 crore Biocon files prospectus for Syngene IPO to raise Rs 600 crore Biocon surged over 3% in intraday trade on Thursday after the company filed prospectus for Syngene IPO on Wednesday to raise Rs 600 cr .

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   PNC Infratech Ltd. 355.00 - 378.00 08-05-2015 12-05-2015 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   ICICI Pru FMP Series 77 1132D Plan A Reg-G Debt: FMP Closed-end 28 Apr 2015 05 May 2015 5,000 ICICI Pru FMP Series 77 1132D Plan A Direct-D Debt: FMP Closed-end 28 Apr 2015 05 May 2015 5,000 ICICI Pru FMP Series 77 1132D Plan A Reg-D Debt: FMP Closed-end 28 Apr 2015 05 May 2015 5,000 ICICI Pru FMP Series 77 1132D Plan A Direct-G Debt: FMP Closed-end 28 Apr 2015 05 May 2015 5,000 ICICI Pru FMP Series 77 1480D Plan B Reg-G Debt: FMP Closed-end 29 Apr 2015 07 May 2015 5,000 More >>

Real Estate News

Basements can be sold and registered independently in Haryana In a landmark judgment that is bound to bring relief to property owners, the Supreme Court ruled on September 17 that basements of residential houses can now be sold and registered separately in Haryana. Flash of festive colour A life without colours is unimaginable, as they play a vital role in our lives and affect our physical and emotional well being. Indians invest £241 million in Q2 to buy land in Central London The total land purchases in Central London rose by 13 per cent in the April-June period, over the first quarter, to reach 828 million pounds. "Builders optimistic of the economic environment" This festive season is a typical time of the year when real estate purchases are made across the country. Dassera and Deepavali periods are considered a good time for property investment.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Axis Hybrid Series 22 Direct-G Hybrid: Debt-oriented Conservative Closed-end 21 Apr 2015 05 May 2015 5,000 Axis Hybrid Series 22 Reg-G Hybrid: Debt-oriented Conservative Closed-end 21 Apr 2015 05 May 2015 5,000 Axis Hybrid Series 22 Reg-D Hybrid: Debt-oriented Conservative Closed-end 21 Apr 2015 05 May 2015 5,000 Axis Hybrid Series 22 Direct-D Hybrid: Debt-oriented Conservative Closed-end 21 Apr 2015 05 May 2015 5,000 Edelweiss Exchange Traded Scheme-Nifty (Nifty EES) Equity: Large Cap Open-ended 24 Apr 2015 05 May 2015 10,000 More >>

Views and Recommendations

VRL Logistics more of a transporter than logistics company; stock price to adjust: Ambareesh Baliga Fri, May 01, 2015 | 08:02 AM IST Currently the way the VRL stock is performing, the sort of valuations it will be getting is more towards the logistic play. BUY Use correction to invest in 'Build India' story: Ambareesh Baliga Fri, May 01, 2015 | 08:02 AM IST Over the next two or three months, it would be a great opportunity for investors to buy and stock up their portfolio for the next major move up, says Baliga. BUY Nifty 'extremely' oversold; all eyes on Bank Nifty: Mitesh Thacker Fri, May 01, 2015 | 08:02 AM IST Nifty might actually give you a 120-point kind of pullback, but if that (8,300 level) is being crossed, it might be a slightly more sustainable. BUY Expect Axis Bank, DCB and IndusInd Bank to perform well; ICICI Bank may underperform: Ambareesh Baliga Fri, May 01, 2015 | 08:02 AM IST You have banks like ICICI Bank where there are concerns over non-perfoming assets (NPAs). Such stocks are expected to underperform going ahead. BUY

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News Digest: Petrol price up Rs 4, diesel rises by Rs 2.4

		THE TIMES OF INDIA
		Friday, May 01, 2015
		Today's Headlines

		India
		Petrol price up Rs 4, diesel rises by Rs 2.4 State-run fuel retailers on Thursday raised the petrol price by Rs 3.96 a litre and diesel by Rs 2.37, including state levies in Delhi, on the back of hardening international fuel prices and rupee depreciation against the dollar, reports TNN. Times cares: Readers, you did us proud We are overwhelmed by your generosity. In just three days since TOI appealed to you for help to the quake victims of Nepal, there has been a deluge of relief material. Rahul may start yatra for farmers in Medak dist Three assembly constituencies, Paragi, Nirmal and Narasapur, have been shortlisted for Congress vice-president Rahul Gandhi’s padayatra slated for the third week of this month. More India News»

		Business
		Airfares take off before summer vacation If you are planning a last minute vacation this summer, than be prepared to pay 40% to 70% more for air tickets. With the year’s longest holiday season about to begin, airlines are charging high fares to maximize their revenue. FM gives foreign investors some concession on MAT The government on Thursday provided some relief to overseas investors on the contentious issue of minimum alternate tax (MAT). MTNL introduces unlimited free local calls at night State-run telecom operator MTNL has introduced unlimited free local calling at night for its landline and broadband customers to any network, effective Friday. More Business News»

		Environment
		Emissions from power sector highest: Javadekar Environment minister Prakash Javadekar on Thursday said green house gas emissions from residential sector was around 6.3 per cent of total national emissions, while the highest was from electricity production. Record pollution fine for McDonald's supplier in China A french fry supplier to the McDonald's restaurant chain in Chandaka eco-tourism project stuck in land transfer The authorities of Chandaka Wildlife Sanctuary, on the outskirts of the city, have initiated a process of taking possession of a land under the Cuttack district administration and develop it into an eco-tourism site. More Environment News»

		World
		'Hillary backed US-India N-deal after donations' The theory that Indian interests funneled money to the Clinton Foundation in an effort to ensure Hillary Clinton’s support for the US – India nuclear deal ''doesn’t even come close to passing the smell test,'' a Clinton campaign spokesman has said, dismissing reports to that effect in a forthcoming book as “pre-determined partisan narrative.” 'Socialist Sanders' enters US prez race In a country where the term socialism is almost taboo, a Senator who comfortably describes himself as a ''Democratic Socialist'' has thrown his hat in the 2016 Presidential election ring, much to the delight of the liberal-leftist fringe in the United States. 10 men who attacked Malala sentenced to life imprisonment An anti-terrorism court in Pakistan on Thursday sentenced ten men to life imprisonment for attack on child activist Malala Yousufzai, the Dawn.com has reported. More World News»

		Entertainment
		Exclusive: Rishi Kapoor's 80-year-old look Rishi Kapoor was reluctant to even play the role of a father a few years back, but he is now playing Pulkit Samrat’s grandfather in Divya Khosla Kumar’s musical romantic film Sanam Re. Pamela Anderson to fund faux elephants Hollywood actor Pamela Anderson, who is a patron of the People for the Ethical Treatment of Animals (PETA) India, has offered to pay money to make thirty realistic and portable elephants made of bamboo and papier-mâché to replace live elephants to be paraded for Thrissur Pooram. Kamal Haasan unhappy with Shruti's stilettos Akshay Kumar and Shruti Haasan, who were promoting their Friday release Gabbar Is Back, were walking into a suburban five-star hotel in Mumbai yesterday. More Entertainment News»

		Science
		First 3D-printed implant saves lives of three babies in US Scientists have for the first time successfully implanted a groundbreaking 3D-printed device to save the lives of three babies in the US suffering from a life-threatening condition that prevents normal breathing. A bird or a bat? Pigeon-sized dinosaur unearthed in China A bizarre pigeon-sized dinosaur with bat-like wings made of skin rather than feathers has been identified in China, shedding new light on the evolution of flight. China co erects 57-storey skyscraper in just 19 days A Chinese construction company is claiming to be the world’s fastest builder after erecting a 57-storey skyscraper in 19 working days in central China. More Science News»

		Sports
		Kolkata Knight Riders beat Chennai Super Kings by seven wickets Robin Uthappa and Andre Russell led Kolkata Knight Riders to an emphatic seven-wicket win against Chennai Super Kings in their IPL return leg clash. IPL: Rahul Dravid supports BCCI stand on chucking Without mentioning any individual names, Rahul Dravid came out in full support of the BCCI move to eradicate 'chuckers' from the Indian Premier League. Belgian footballer Mertens dies after collapsing on pitch The 24-year-old Belgian footballer Gregory Mertens has died three days after suffering a heart attack while playing for Lokeren's reserves against Genk. More Sports News»

		Technology
		7 recently launched budget smartphones in India Wondering which are the 7 new low-cost smartphones worth buying? Read on to find out... Microsoft opens Windows 10 to Apple, Android apps Microsoft hopes to get more people to Windows 10 by giving them access to many of the same apps as Apple or Android phones. Gionee Elife S7 review Gionne promises that its new phone won’t be just another anorexic device and will also offer improved performance and new features. More Technology News»

		Education
		IIT-Bombay best technical institute in India, Delhi University top university IIT Bombay has emerged as the best technical institute in India and one among the top 100 worldwide according to subject-wise ranking by Quacquarelli Symonds (QS), a leading world university ranking agency. Shiv Nadar University announces admissions for 2015-16 Shiv Nadar University (SNU) announced the admissions for academic year 2015-16 for undergraduate, postgraduate and doctoral programs on Thursday. The university also announced the graduation of its first undergraduate class and the completion of four years of operations. Lack of toilets, playgrounds in Maharashtra's schools: CAG Maharashtra’s schools lag behind in basic facilities like toilet, drinking water, libraries and playgrounds, the comptroller and auditor general’s report for 2013-14 has revealed. More Education News»

		Mumbai
		Displaced villagers now demand jobs at proposed Navi Mumbai airport Farmers of 10 villages that will be shifted to make way for the Navi Mumbai international airport are demanding one job per family at the new airport. Coupon validating machines retired after 21 years of service at railway stations Coupon validating machines (CVMs), introduced to cut down on the long queues outside booking offices at suburban railway stations 21 years ago, ceased to function from Thursday. Meow meow case: Four policemen explain links to drug peddler Baby Patankar by saying she's merely their informer Four policemen, including two from the city crime branch, have been questioned for their alleged nexus with suspected drug peddler Shashikala alias Baby Patankar, who was caught recently in connection with the seizure of 100 kg of the drug mephedrone, or meow meow. More Mumbai News»

		Delhi
		Don't sleep on it, read the signs A prominent lawyer known for closing cases at breakneck speed recently visited a hospital complaining of poor performance and fatigue. Sleeping pills, stimulants make a dangerous cocktail Aman Mullick, 16, from South Delhi's Vasant Kunj took his passion for bodybuilding to another level. TV, phones & internet keeping kids awake Schools still teach “early to bed and early to rise makes a man healthy, wealthy and wise“ but children don't follow the advice. More Delhi News»

		Bangalore
		MUV rams 4 vehicles; 5 hurt near Bamboo Bazar, east Bengaluru Five persons, including a mother-daughter duo, sustained injuries when an MUV rammed four vehicles, including a car, on Station Road, near Bamboo Bazar, east Bengaluru, on Thursday morning. Tobacco ban will save many lives: Patients Partially covering a hole made in his throat to help him breathe, Durgaiah, 50, a farmer from Kanakapura says: "I can speak only if I cover this hole." Affected by mouth cancer, Durgaiah is one of the thousands who've become victims of chewing tobacco. HC quashes MCI circular on entrance test for NRIs The high court on Thursday quashed the January 16, 2015 circular issued by the Medical Council of India (MCI) on the entrance examination for NRI students for admission to the MBBS course from 2015-16. More Bangalore News»

		Hyderabad
		Private engineering colleges up for sale About 38 private engineering college owners are planning to sell their institutions before the commencement of Eamcet this year. Andhra Pradesh to set up road safety mechanism Andhra Pradesh government has proposed to introduce a regular vigilance machinery with transport and police officials to bring down fatal road accidents. Devotee finds key ring in Tirupati temple laddu! Barely three days after the new executive board of the Tirumala Tirupati Devasthanams was announced, a devotee was shocked to find a keychain ring in one of the laddus sold as prasadam by the temple administration. More Hyderabad News»

		Chennai
		Sushma's stand on fishermen issue draws flak from TN parties A day after Union minister for external affairs Sushma Swaraj advised fishermen not to trespass into Sri Lankan waters, political parties in Tamil Nadu reacted strongly, indicating it is likely to become a political issue in the days to come. Tamil Nadu awaits guidelines for smart cities With the Union cabinet approving its flagship smart cities project, Tamil Nadu is set to get a fillip to its infrastructure needs. Under the smart cities mission, each selected city will get an assistance of Rs 100 crore per annum for five years. Tangedco to stop purchase from two private power producers In the backdrop of widespread allegations about purchase of power at high costs from private power generation firms by the state power utility, Tamil Nadu Generation and Distribution Corporation (Tangedco) has decided to discontinue with the power-purchase contract with two private power plants. More Chennai News»

		Ahmedabad
		'Want to wash dishes when I grow up' Standing at Shivranjani crossroads under the scorching sun, 13-year-old Vardha Solanki sells toys and balloons to pay for his education and make ends meet for a family of seven. Modi selfie: Court order on May 11 The chief judicial magistrate at the Mirzapur rural court on Thursday kept his order reserved till May 11 after concluding the hearing on the demand to add certain charges against Prime Minister Narendra Modi in connection with the selfie he had taken on the polling day in 2014. Woman slapped to death in Ahmedabad In a unsettling incident which took place in Shahibaug on 21 April, a woman, Chanchiben Dantani, 65, died after she was slapped hard and pushed by the accused. More Ahmedabad News»

		Allahabad
		Karwarias' bail plea to be taken up today The bail application of former BSP MP Kapil Muni Karwaria and his brother MLC Suraj Bhan Karwaria in SP MLA Jawahar Yadav murder case will be heard by the additional sessions judge (ASJ) on Thursday. Interviews for principals' post from May 18 The long-awaited interviews for filling 900 vacant posts of principals in aided colleges across the state would start from May 18. NCTE helpline to tackle anomalies, plaints If you are among the ones who want to report a given institution offering fake degrees or one that is flouting norms on appointing faculty or purposefully delaying issuing of certificates on completion of a course, help is just a call away. More Allahabad News»

		Bhubaneswar
		June 30 deadline for completion of toilet construction in govt schools The state government has asked all district collectors to complete the construction of toilets in schools by June end so that children can use them once the schools reopen after summer vacation. Neem tree for Jagannath at Raghunathpur Ending days of speculation, Shree Jagannath Temple Administration on Wednesday announced the location of the neem tree to sculpt Jagannath’s idol. Centre withdraws, Odisha govt likely to fund police modernization The state government is actively considering to fund modernization of police scheme. More Bhubaneswar News»

		Bhopal
		Bhopal cops call ex-speaker, 4 others for questioning Former speaker of assembly Sriniwas Tiwari and four others have been called by police for questioning in case of alleged fraudulent appointment of 17 people in state assembly between 1993 and 2003. Bhopal children will get to know police functioning up close Students in state capital will understand functioning of police and will be able to contact them without any hassle. Brace for blistering heat, temperature may soar to 46 degrees celsius Get ready for scorcher of heat. Temperature in city is expected to touch 46 degrees celsius mark in May, hottest month of the year. More Bhopal News»

		More News»

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