News Digest: Rainfall across the country in July lowest since 2002

		THE TIMES OF INDIA
		Saturday, August 01, 2015
		Today's Headlines

		India
		Rainfall across the country in July lowest since 2002 This year’s monsoon may have defied El Nino in June, but meteorological data for July rainfall paints a bleak picture. Kejriwals's 'Thulla' remark: Court admits case Fetus aborted, rape survivor in good health Doctors at Civil Hospital in the city performed medical termination of pregnancy (abortion) on a 14-year-old rape survivor late on Friday evening. More India News»

		Business
		Sebi panel eyes crowdfunding The Sebi-constituted committee headed by Infosys founder N R Narayana Murthy, which is working to boost India's thriving startup ecosystem by channelizing funds, has formed focused groups with experts from taxation, investment banking and software industry. Centre downplays RBI board change he finance ministry on Friday downplayed its decision to break from tradition and replace economic affairs secretary Rajiv Mehrishi with his deputy Ajay Taygi on the Reserve Bank of India board. Sharekhan, others face Rs 15cr penalty Just a day after online broking major Sharekhan was sold to BNP Paribas, market regulator Sebi has ordered it to return nearly Rs 51 lakh for unlawful gains made by its dealers through front-running its clients. More Business News»

		Environment
		NDMC to levy environmental compensation fee Following the directives of National Green Tribunal, the New Delhi Municipal Council (NDMC) has decided to levy environmental compensation fees in areas under its jurisdiction with effect from July 1. 'Tree Fern' faces extinction threat due to mining in C'garh 'Tree Fern', a rare plant species found in Bailadila hills of Chhattisgarh's Dantewada district, is facing the threat of extinction owing to mining activities in the area, environment experts have warned. NGT slaps Rs 15 lakh penalty for felling trees in Jodhpur The National Green Tribunal (NGT) has slapped a penalty of Rs. 15 lac on a former sarpanch and a gram sevak for felling 3000 trees in the forest area of a village. More Environment News»

		World
		Debris brings MH370 mystery 'closer' than ever to answers Plane debris that washed up on an Indian Ocean island is from a Boeing 777, Malaysian authorities said Friday, making it almost certainly the first piece of wreckage recovered from missing flight MH370. Cameroon deports Nigerians in fight against Boko Haram Cameroon has deported more than 2,000 Nigerians who were living in the country illegally as part of new security measures intended to prevent suicide attacks by Boko Haram jihadists, sources said. 12 killed in Colombia military plane accident A Colombian military aircraft crash has killed 12 people, President Juan Manuel Santos has said, blaming the accident on mechanical problems. More World News»

		Entertainment
		Kajol-Kangana were polite to each other on flight One would imagine that the first-class of the London-Mumbai flight, on which Kajol and Kangana Ranaut travelled back together, would have felt too constricted for fellow travellers, especially considering the history shared by the two actresses. Newly married actor cheating on wife? An upstart of an actor, who has a king-size attitude to boot, is barely married but is besotted with his demure co-star who has turned out to be quite the man-eater. Riteish thought Pulkit was a snob The Bangistan duo Riteish Deshmukh and Pulkit Samrat are tinsel town’s newest backslapping buddies. But their friendship began on a funny note. More Entertainment News»

		Science
		Mental stress can raise physical fatigue: study Worried about something at work? You may find yourself more exhausted at the end of the day, according to a new study by Indian-origin researchers who have found that mental stress can increase physical fatigue. Vaccine success holds hope for end to deadly scourge of Ebola The world is for the first time on the verge of being able to protect humans against Ebola, the World Health Organization (WHO) said on Friday, as data from a trial in Guinea showed a vaccine was 100 percent effective. Portable washing machine needs no power, little water It's a portable washing machine, or rather, a washing drum. It needs no electricity, running on power generated by operating a pedal. More Science News»

		Sports
		England take 2-1 lead with 8-wicket victory over Aus England beat Australia by eight wickets to win the third Test at Edgbaston on Friday and take a 2-1 lead in the Ashes series. India A batsmen falter against Australia A on Day 3 India A top-order faltered once again to reach 267 for six at the end of third day's play against Australia A in the second unofficial 'Test' on Friday. Dale Steyn on the fast track to legendary status Dale Steyn has been on the fast lane since he broke into the South African cricket team almost a decade ago. And on Thursday, the 32-year-old joined an elite group of 13 bowlers with 400 or more Test wickets. More Sports News»

		Technology
		OnePlus 2 vs Asus Zenfone 2: Which one to buy The fight is pretty tough between the two smartphones. Here we take a look at all the key aspects to help you choose between OnePlus 2 and Asus ZenFone 2 and make the inal decision … Here's how you can get Windows 10 right now Microsoft is rolling it out in waves of customers at a time, so it may be a few days, weeks, or even months. Now buy 'cheaper' Samsung, Xiaomi phones on Amazon Amazon.in has started a pilot to sell brand-refurbished smartphones from popular brands like Samsung and Xiaomi to begin with. More Technology News»

		Education
		3,200 engineering seats vacant, govt makes Rs 14 crore A fundamental faux in this year's admission to elite Indian engineering colleges has resulted in 3,200 spots lying vacant at the end of the admissions process. J P Singhal is new VC of Rajasthan University Academician J P Singhal was today appointed as the new vice chancellor of University of Rajasthan here. DRDO to invest in IITs to kick-start aerospace defence technology DRDO is pumping in over Rs 400 crore into IIT Bombay and IIT Madras to kick-start advanced defence-related aerospace research and development. More Education News»

		Mumbai
		135 stories of Premchand take centrestage on 135th birth anniv Over a century ago, Munshi Premchand charted an extraordinary path of struggle to emerge as India’s finest author. 'VCs to have free run if senate members don't get extension' The state government has postponed the senate elections to the state universities by a year but has been mute on extending the term of the current members. 1st dedicated BEST bus lane opens at BKC next week BEST plans to inaugurate its first dedicated bus lane at the Bandra-Kurla Complex during its “BEST buzz” celebrations from August 4 and 7. More Mumbai News»

		Delhi
		Arrested DU cons had IPL debts Investigations into the Delhi University fake admission racket has revealed that debt-ridden youths had been roped in by the kingpins—who have political patronage—to do the dirty job. Circle rate: Removed for advising LG's nod The issue of notifying a circle rate hike for agricultural land in Delhi is threatening to become a new flashpoint between chief minister Arvind Kejriwal and lieutenant-governor Najeeb Jung. New rules change game for taxi apps When the transport department modified its radio taxi scheme last December taking note of the entry of app-based taxi services, it had expected the companies to jump onto the radio taxi platform. Months later, the aggregators and the department continue to wrangle over the licence terms. More Delhi News»

		Bangalore
		Paper boats in muck pool make a telling statement Orange, yellow, pink and blue paper boats of vibrant hues floated in a pool of muck right in the middle of Church Street, but not without purpose. Two green corridors, 3 organs, 2 lives, 1 hour Zipping through city roads, two ambulances transported the organs of a brain dead donor to two hospitals and saved two precious lives -in one hour, 20 minutes flat. Hubballi's jowar rotis now make it to Oz, US The humble jowar roti — the North Karnataka staple — is now crossing the seas to reach homesick Kannadigas yearning for its chewy wholesome goodness. More Bangalore News»

		Hyderabad
		Ragging drives Inter student to suicide An intermediate first year student committed suicide allegedly due to ragging by his seniors at a corporate college. Steep hike in market rates of land in Andhra Pradesh The AP government on Friday hiked the market rates of land across the state. Policing influx of Rohingyas into city, say Cyberabad Police During the meeting between police and UNHRC, the former informed that several refugees have been staying illegally in Cyberabad despite completion of their two year refugee certificate, given by the concerned authorities. More Hyderabad News»

		Chennai
		Living apart, but staying together Hold on, the joint family hasn't signed off yet. The dynamics may have changed a bit, but there are families in the city still socketed in the joint family ideal. More elderly in TN find themselves home alone Valli, a pensioner, is among 6.88 lakh senior citizens (above 60 years) who are home alone in the state. Will it be pasta or pongal? The moderns weigh against tradition When Sukanya R got married nine years ago, she lived with her in-laws for a year. Her husband's work then took them abroad and when they shifted back to Chennai two years later, the couple opted to set up their own home. More Chennai News»

		Ahmedabad
		19 cops shunted for assaulting akhada men An entire squad of 19 police personnel were shunted out of the city crime branch on Friday for assaulting akhada members during the Rath Yatra. PIL seeks ATS probe in 5k cr hawala scam The Gujarat high court on Friday issued a notice to the state government in response to a PIL demanding a thorough probe by an independent agency of the Rs 5,395-crore hawala racket involving Afroz Fatta, a resident of Surat. Mufti stands by his book, rebuts Vanzara's charges Mufti Abdul Qayum Mansuri, who was acquitted by the Supreme Court in the Akshardham temple attack case, on Friday rebutted allegations made in retired IPS officer D G Vanzara's Rs 101-crore defamation suit over the contents of the former's book, '11 years Behind Bars'. More Ahmedabad News»

		Allahabad
		HC seeks reply on vacant posts in colleges, universities While fixing August 14 as the next date of listing, the court asked as to why the state government would not decide to fill vacancies by direct recruitment in a time-bound manner. Homage to a great son of India In presence of all the judges at full court meeting, the Chief Justice further said that Dr Kalam achieved self-realisation during his life through his work. Stable Pakistan in India's interest Diplomat Vivek Katju on Thursday said that India was always for a peaceful, stable, strong and prosperous Pakistan. More Allahabad News»

		Bhubaneswar
		Citing Rath ritual, Odisha lays claim to rasagulla, WB historians don't agree As Odisha seeks the Geographical Indication (GI) tag for one of its most popular syrupy “inventions“, the delectable rasagulla has found itself at the centre of a debate over its place of origin. Rath rolls back, debate over rasagola origin rages Onion sold at 45/kg in Bhubaneswar The soaring price of onion has once again brought tears to the eyes of common man.With the bulb in short supply, the price has spiraled to Rs 45 a kg from Rs 25 in the last couple of days. More Bhubaneswar News»

		Bhopal
		MP employees refuse to cope with five-day work culture The Madhya Pradesh government is considering to implement five day working for state employees in order to enhance working hours and give two days holiday to relax. But, the employee unions have rejected this move stating it would put more burden on them. Cong demand inquiry against CM's brother-in-law for Balaghat land deal The Congress on Friday made a scathing attack on Sanjay Singh, chief minister Shivraj Singh Chouhan's brother-in-law, for helping a rape accused and buying green belt land by evading stamp duty to the tune of lakhs of rupees. Shivraj announce to expand cabinet in August In the midst of CBI inquiry in highly infamous Vyapam scam, chief minister Shivraj Singh Chouhan announced on Friday to carry out an expansion of his council of ministers, next month. More Bhopal News»

		Chandigarh
		Panjab University to form student panels on sexual harassment cases Panjab University (PU) will form student consultative committees that can refer cases of sexual harassment from students and advise them on filing complaints with the Panjab University Committee Against Sexual Harassment (PUCASH). City colleges to go ahead with student council polls Despite an initial resistance on part of city colleges over student council elections, it is now evident that colleges affiliated to Panjab University (PU) will hold polls along with PU in the end of August. Gehri interrupted: Barricades to stay at Panjab University girls' hostels After a trial run for a few days, Panjab University (PU) has decided to continue with barricading the area in front of its girls' hostels. More Chandigarh News»

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Bharat Wire files IPO papers; total number reaches 23 in 2015

THE ECONOMIC TIMES Fri, Jul 31, 2015 | 08:01 AM IST ET Investment Opportunities

Property as an Investment

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Bharat Wire files IPO papers; total number reaches 23 in 2015 Bharat Wire files IPO papers; total number reaches 23 in 2015 According to Draft Red Herring Prospectus (DRHP) filed with Sebi, Bharat Wire Ropes aims to raise Rs 70 crore through the issue. UTI MF revives IPO plans; seeks govt approval UTI MF revives IPO plans; seeks govt approval Confident about a steady trend continuing in the Indian markets, leading fund house UTI MF has decided to go public and has sought the government's approval. IPOs above issue price; 7/8 new coss give good returns IPOs above issue price; 7/8 new coss give good returns So far in 2015, eight companies have launched initial public offers (IPO), collectively raising Rs 4,000 crore. Viom pushes back IPO plans as mkt turn sluggish Viom pushes back IPO plans as mkt turn sluggish The possibility of Viom exploring alternate capital raising avenues comes after its talks with ATC failed over valuations.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   HDFC FMP 1141D July 2015 (1) Direct-DQ Debt: FMP Closed-end 27 Jul 2015 04 Aug 2015 5,000 HDFC FMP 1141D July 2015 (1) Direct-D Debt: FMP Closed-end 27 Jul 2015 04 Aug 2015 5,000 HDFC FMP 1141D July 2015 (1) Direct-G Debt: FMP Closed-end 27 Jul 2015 04 Aug 2015 5,000 HDFC FMP 1141D July 2015 (1) Reg-DQ Debt: FMP Closed-end 27 Jul 2015 04 Aug 2015 5,000 HDFC FMP 1141D July 2015 (1) Reg-D Debt: FMP Closed-end 27 Jul 2015 04 Aug 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. Store in style Store in style NRI demand in Indian realty up in Oman Indian developers do visit Muscat periodically to organise individual road shows but here again local licensing laws impose stringent stipulations without which it would be difficult to reach the target audience. What makes Noida Extension first choice of property buyers The future holds great promise both for individual buyer who wants a house to live and investors both individual and large.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   DWS Hybrid FTF Series 41 (1100D) Direct-D Hybrid: Debt-oriented Conservative Closed-end 20 Jul 2015 03 Aug 2015 5,000 DWS Hybrid FTF Series 41 (1100D) Direct-G Hybrid: Debt-oriented Conservative Closed-end 20 Jul 2015 03 Aug 2015 5,000 DWS Hybrid FTF Series 41 (1100D) Direct-DY Hybrid: Debt-oriented Conservative Closed-end 20 Jul 2015 03 Aug 2015 5,000 DWS Hybrid FTF Series 41 (1100D) Direct-DQ Hybrid: Debt-oriented Conservative Closed-end 20 Jul 2015 03 Aug 2015 5,000 DWS Hybrid FTF Series 41 (1100D) Reg-DY Hybrid: Debt-oriented Conservative Closed-end 20 Jul 2015 03 Aug 2015 5,000 More >>

Views and Recommendations

Nifty unlikely to fall below 8,320: Mitesh Thacker 30 July, 2015, 05:32 PM IST Looking purely at the market breadth, I believe the index may not immediately fall below 8,320, Thacker. Neutral Expect profit booking at higher levels, 8,530-8,540 range holds the key for Nifty: Sandeep Wagle 30 July, 2015, 05:28 PM IST I would be looking at a range of 8,350 to 8,500 on Nifty for the next two-three trading sessions, says Wagle. Bearish Force Motors a multibagger in making, says Daljeet Singh Kohli 30 July, 2015, 05:06 PM IST Those who are holding up Force Motors should not think of anything else; they should just stick to it, says Kohli. Bullish Prefer Torrent Pharma in midcap pharma space; see stock at Rs 1,677: Daljeet Singh Kohli 30 July, 2015, 04:03 PM IST Torrent Pharma Q1 numbers were ahead of expectations, although some people have raised questions over what is next, says Kohli. buy

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