RINL to go ahead with IPO despite Hudhud damage: CMD

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Top News

RINL to go ahead with IPO despite Hudhud damage: CMD RINL to go ahead with IPO despite Hudhud damage: CMD Government holds 100 per cent in the Vizag-based steel maker, which is enhancing capacity to 6.3 million tonnes per annum (mtpa) by next fiscal. 12 companies launch public offers in September 12 companies launch public offers in September The SMEs, most of them to be listed on BSE SME platform, had come out with their intial public offering (IPO) to together raise atleast Rs 81 crore. 2 SMEs mop up Rs 160 cr via IPO in 2014 2 SMEs mop up Rs 160 cr via IPO in 2014 In all, 22 SMEs raked in funds through initial public offerings (IPOs) during the January-August period as against 34 firms in 2013. Fund raising via IPOs falls 25% to $216 mn Fund raising via IPOs falls 25% to $216 mn The money raised through IPOs was the lowest for the first nine month period, in terms of proceeds, since 2001 when IPO issuances raised only $69.9 million.

Initial Public Sector (IPOs) IPO Name Offer Price Band Open Date Close Date   Vibrant Global Capital Ltd. 19.00 29/09/2014 07/10/2014 Momai Apparels Ltd. 78 - 90 25/09/2014 30/09/2014 Shemaroo Entertainment Ltd. 155 - 170 16/09/2014 18/09/2014 Sharda Cropchem Ltd. 145 - 156 05/09/2014 09/09/2014 Snowman Logistics Ltd. 44 - 47 26/08/2014 28/08/2014 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   ICICI Pru FMP Series 75 1102D Plan M Direct-D Debt: FMP Closed-end 09 Oct 2014 20 Oct 2014 5,000 ICICI Pru FMP Series 75 1102D Plan M Direct-G Debt: FMP Closed-end 09 Oct 2014 20 Oct 2014 5,000 ICICI Pru FMP Series 75 1102D Plan M Reg-G Debt: FMP Closed-end 09 Oct 2014 20 Oct 2014 5,000 ICICI Pru FMP Series 75 1102D Plan M Reg-D Debt: FMP Closed-end 09 Oct 2014 20 Oct 2014 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. New home launches up by 43% in Jan-March: Cushman Over 55,000 housing units were launched in January-March period in top eight cities of the country, up by 43 per cent from the previous quarter.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Birla SL Focused Equity Ser 3 Direct-G Equity: Large & Mid Cap Closed-end 07 Oct 2014 21 Oct 2014 5,000 Birla SL Focused Equity Ser 3 Direct-D Equity: Large & Mid Cap Closed-end 07 Oct 2014 21 Oct 2014 5,000 ICICI Pru Capital Protection Oriented Ser VII 1285D Plan A Reg-G Hybrid: Debt-oriented Conservative Closed-end 07 Oct 2014 20 Oct 2014 5,000 ICICI Pru Capital Protection Oriented Ser VII 1285D Plan A Reg-D Hybrid: Debt-oriented Conservative Closed-end 07 Oct 2014 20 Oct 2014 5,000 ICICI Pru Capital Protection Oriented Ser VII 1285D Plan A Direct-D Hybrid: Debt-oriented Conservative Closed-end 07 Oct 2014 20 Oct 2014 5,000 More >>

Views and Recommendations

Sell Grasim Ltd with a stop loss of Rs 3246: Vijay Bhambwani Fri, Oct 17, 2014 | 10:11 AM IST "Grasim Ltd is a 'SELL' call with a target of Rs 3196 and a stop loss of Rs 3246." BUY Sell Ambuja Cements Ltd with a stop loss of Rs 208: Vijay Bhambwani Fri, Oct 17, 2014 | 10:11 AM IST "Ambuja Cements Ltd is a 'SELL' call with a target of Rs 203 and a stop loss of Rs 208." BUY Sell CESC Ltd with a stop loss of Rs 695: Prakash Gaba Fri, Oct 17, 2014 | 10:11 AM IST "CESC Ltd is a 'SELL' call with a target of Rs 650 and a stop loss of Rs 695." BUY Sell Ashok Leyland Ltd with a stop loss of Rs 43: Prakash Gaba Fri, Oct 17, 2014 | 10:11 AM IST "Ashok Leyland Ltd is a 'SELL' call with a target of Rs 40 and a stop loss of Rs 43." BUY

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News Digest: Climate, humans responsible for bears not going into hibernation

		THE TIMES OF INDIA
		Friday, October 17, 2014
		Today's Headlines

		India
		Climate, humans responsible for bears not going into hibernation The recent incidents of bear attacks in Pauri, Tehri, Joshimath and Chamoli district has shifted the attention from leopard-man conflict in the state. 250 farmers committed suicide in 4 months in Telangana On an average, at least two farmers have been committing suicide a day in the state just this Kharif season that is set to come to a close in the next two or three weeks. Court to hear graft case against Anbumani Ramadoss on December 2 A trial court on Thursday fixed December 2 for hearing arguments on charges in a case in which former Union health minister Anbumani Ramadoss, along with others, was chargesheeted for allegedly allowing a medical college to proceed with admissions without sufficient faculty and clinical material. More India News»

		Business
		Arvind Subramanian is pro-growth, pro-reform economist Old timers from the Capital’s St Stephen’s college fondly remember Arvind Subramanian as the bright student, who was a good basketball player too. Govt, RBI working on new policy framework: Rajan RBI governor Raghuram Rajan on Thursday said the central bank and the government are in discussion to formulate a new monetary policy framework which will be more expressive and in line with international standards. Tata to merge CMC with TCS Tata Consultancy Services (TCS), the flagship software unit of the Tata Group, is merging the listed CMC with itself as part of the group’s renewed efforts to consolidate its IT businesses under a single entity. More Business News»

		Environment
		Argentine biologist strives to save camelid species An Argentine biologist has combined respect for nature and traditions with scientific rigour in her efforts to save the "emblematic" vicuna, a species of great value for the inhabitants of alpine areas of the Andes mountains. 5 Indian companies in global A list of green firms The list reveals which companies around the world are doing the most to combat climate change. It has 187 companies from across the globe that illustrate that a low-carbon future does not mean low profit. 70 migratory birds found dead in Chhattisgarh About 70 migratory birds, Asian openbill storks, were found dead at Kanki village in Chhattisgarh's Korba district after heavy rains coupled with strong winds lashed the region as a result of cyclone 'Hudhud'. More Environment News»

		World
		Under fire, Obama okay reservists for Ebola fight President Barack Obama authorized calling up military reservists for the US fight against Ebola in west Africa on Thursday, as lawmakers criticized his administration's efforts to contain the disease at home. FBI renews call for wider wiretap powers FBI chief James Comey renewed a call on Thursday for broader authority to tap into emerging technologies, saying the Edward Snowden revelations have led to unwarranted mistrust of law enforcement. Bermuda braces for 'dangerous hurricane' Gonzalo Hurricane Gonzalo gained strength in the Atlantic on Thursday as it barreled toward Bermuda, which was bracing for a hit from the powerful Category Four storm. More World News»

		Entertainment
		Why Gautam's outburst was not shown on Bigg Boss? Gautam Gulati, the bad boy of Bigg Boss Season 8, may be putting up a brave front as other housemates continue to alienate him, but in reality, he is far from normal. Talent show find Vikram out of TV show in 10 days Vikram Chatterjee, who was seen on talent hunt show Cinestars Ki Khoj, must have expected life to look up after bagging a pivotal role in TV show Doli Armaanon Ki. Top 10 Bollywood films on heists Shah Rukh Khan and his 'Happy New Year' team will steal more than your hearts this Diwali. Farah Khan directed 'Happy New Year' is following the trend of heists in films. More Entertainment News»

		Science
		Crash dieting effective for long-term weight loss Crash diets can be more successful than gradual weight loss, a new study has claimed, in a major contradiction of current dietary guidance. Weight-loss courses around the world recommend a gradual approach to shedding pounds. Ancient Himalayan-scale mountain range found Scientists have found evidence of a huge mountain range similar in scale to the Himalayas which spanned at least 2,500 kilometres and sustained an explosion of life on Earth 600 million years ago. Ancient kangaroos could not hop, they walked Giant kangaroos which are now extinct could not hop and used a more rigid body posture to move their hind limbs one at a time, says a study. More Science News»

		Sports
		ISL: Atletico maintain winning ways, beat NorthEast 2-0 Atletico de Kolkata continued their impressive performance, winning their second consecutive match, beating hosts NorthEast United FC 2-0. Don't underestimate girls, says Mary Kom She didn't tire of drawing her right glove over and over again while signing autographs on paper, plastic and even ceramic mugs. Champion boxer MC Mary Kom was truly basking in the glory of her Asian Games triumph. Hockey: India thrash Malaysia 4-2 in Johor Cup Hermanpreet Singh did the star turn with a hat-trick of goals as India enhanced their chances to qualify for the final of the Under-21 Sultan of Johor Cup. More Sports News»

		Technology
		Apple unveils 18% thinner iPad Air 2, starts at Rs 35,900 The iPad Air 2 is 18% thinner than its predecessor and measures 6.1mm. It also has the Touch ID fingerprint sensor, a 40% faster CPU and anti-glare screen. Google announces Android Lollipop, Nexus 6 smartphone, Nexus 9 tablet Google has officially launched the new operating system Android 5.0 Lollipop and its new smartphone, the Nexus 6, which comes with a giant 6-inch screen. Apple iPad Air 2: Six new features Apple has finally taken the covers off its latest razorsharp tablet, iPad Air 2. Let's take a look at the six new features of Apple iPad Air 2 over its predecessor... More Technology News»

		Education
		UGC to finalize inspection modalities for deemed universities today In its full meeting on Friday, University Grants Commission will decide the modalities for the implementation of the orders of the Supreme Court regarding physical inspection of seven deemed universities. HK College students protest fee hike So for a student, the annual fee for the course has been raised to Rs 800.The students have threatened to launch a stir if the decision to raise the fee was not withdrawn. CBSE to conduct Group Mathematical Olympiad on December 7 Students studying in Classes 9 to 11 can take part in the three-hour competition. More Education News»

		Mumbai
		Austrian loses bag, cops tell him to go 'off the record' An Austrian national, whose bag of valuables was stolen from a long-distance train at CST, discovered two sides of India in the same night. Ex-AG's kin agree to sort out estate issue amicably The heirs to late Attorney General Goolam Vahanvati on Thursday agreed to amicably settle their dispute so that everyone gets a fair share of his estate. Paternity suits: DNA order shot in the arm for men A significant judgment by the Supreme Court, which ruled that a DNA test can be ordered by courts as a “legitimate and scientifically perfect” measure to establish infidelity of a wife, comes as a boost to men who suspect that their child from a marriage is really not theirs More Mumbai News»

		Delhi
		Honour for 17-year-old RTI activist Himadrish Suwan took the Ranchi Rajdhani from Delhi to Ranchi every summer and noticed it was the only Rajdhani still using the old ICF coaches. No action against pvt colony: HC The Delhi high court on Thursday directed authorities that “no precipitate action” be taken against a private colony in East Kidwai Nagar which has challenged its inclusion in a re-development project which is proposed to come up in the area. Minor sodomized in east Delhi An 11-year-old boy has been sodomized in east Delhi by his neighbour, who is now on the run. More Delhi News»

		Bangalore
		Wannabe stars chase and nab fake producer The chase had to be filmi: the pursuers were aspiring actors and the pursued an alleged con man who had promised them a silver screen career. They put brigand's legacy behind Ten years after its notorious son, forest brigand Veerappan was gunned down, Gopinatham is trying hard to exorcise its past and set out on a new course. Govt may relook at school fee proposal The government may reexamine the fee structure drafted by the fee fixation sub-committee constituted by the department of public instruction (DPI), following objections from the Karnataka State Private School Managements Association. More Bangalore News»

		Hyderabad
		Thousands still marooned in cyclone-hit Rambilli Five days after severe cyclone Hudhud devastated coastal Andhra Pradesh, thousands of people are still marooned in remote Rambilli, where a strategic naval base is being built for bolstering defence on the east coast. Vzag airport to resume operations today The Visakhapatnam Airport is all set to resume operations from Friday, with an Air India aircraft scheduled to fly into the still-in-tatters facility at around 8.45am. 'An eerie silence had descended like a pall of gloom' It was the dragonflies that I noticed at first.They must have been there by the dozens.It intrigued me because only the other day, I had lamented their absence.Dragonflies keep mosquitoes away, I had read somewhere. More Hyderabad News»

		Chennai
		Let's play volleyball to save vultures, say tribal villages Volleyball is a popular sport among youth in the Nilgiris. But on October 18 and 19, when 20 teams from various tribal villages in the Nilgiris, Erode and Coimbatore districts gather for the Vulture Trophy Volleyball tournament at Sriguru Institute of Technology in Coimbatore, it will also be to spread the message of conservation. Power of persuasion in the war on jihad On a sunny August afternoon, soon after Eid prayers, a group of 24 youths in the age group of 17 to 23 gathered at a mosque on the beach front in Thondi village in Ramanathapuram district in Tamil Nadu. Court to hear graft case against Anbumani Ramadoss on December 2 A trial court on Thursday fixed December 2 for hearing arguments on charges in a case in which former Union health minister Anbumani Ramadoss, along with others, was chargesheeted for allegedly allowing a medical college to proceed with admissions without sufficient faculty and clinical material.  More Chennai News»

		Ahmedabad
		Boyfriend arrested, booked for abetment A youth, who had posted intimate photos with his girlfriend on a social networking site and pushed her to take her life, was booked for abetment to suicide here on Thursday. 100 days on, cop still recording testimony in Naroda case In this riots case, the investigating officer has probably spent more time in the witness box than in the field. Serial blasts case: HC seeks progress report Gujarat high court has asked the principal judge of the city sessions court to place a report on how the trial in the sensational 2008 serial blasts case has progressed during the last six months. More Ahmedabad News»

		Allahabad
		Sports blueprint: AU trips on UGC deadline The Allahabad University authorities have failed to meet the October 10 deadline by which they had to submit a blueprint for revamp of sporting infrastructure to the University Grants Commission (UGC). As a result, sporting activities continue to be neglected on the campus. HC adjourns hearing in writ on PCS exam The Allahabad High Court on Tuesday adjourned till October 16 the hearing of a writ petition challenging the result of preliminary examination of PCS (2014), which was conducted by Uttar Pradesh Public Service Commission (UPPSC) Hudhud side affect: 15% of paddy crop damaged The disturbances caused by Cyclone Hudhud have damaged over 15% of paddy crop in Allahabad region. On Tuesday again, the region was lashed by wind blowing at the speed of 20 to 25 kilometres per hour, while the total rainfall stood at 114.3 mm. More Allahabad News»

		Bhubaneswar
		State wakes up, seeks report on school toilet status The state government has asked all district education officers to submit reports on the status of toilets in schools, waking up to the Prime Minister Narendra Modi's Swachh Bharat, Swachh Vidyalaya campaign. Killer tells treatment cost tale Samal is undergoing treatment after being injured in the tussle with Meher's servant Prasanta Behera, the latter's son Minu and wife Runu before killing the doctor.Prasanta and Minu too were killed. Jayadev slams Centre, state over cyclone compensation Odisha Pradesh Congress Committee (OPCC) chief Jayadev Jena on Wednesday accused the Centre of adopting a step-motherly attitude towards the state. More Bhubaneswar News»

		Bhopal
		Braveheart chases, catches & hands over looter to cops in Bhopal Giving chase to a looter for close to half a km, a braveheart overpowered him and handed him to police on Wednesday. Expelled Congress leader threatens with defamation suit Expelled Congress leader Gufran-e-Azam on Thursday wrote a letter to Madhya Pradesh Congress Committee (MPCC) president Arun Yadav threatening to file a defamation suit against party leaders who made public the news of his dismissal. Bhopal ready to host 'Madhya Pradesh Travel Mart 2014' Over 1,500 tour operators from across the world are expected to participate in the first edition of the Madhya Pradesh Travel Mart (MPTM), to be held in Bhopal from Friday. More Bhopal News»

		Chandigarh
		Ready to probe Haryana forest scams: CBI tells SC The CBI has told the Supreme Court (SC) it was ready to probe multi-crore forestry scams in Haryana, which whistleblower IFS officer Sanjiv Chaturvedi had unearthed between 2005 and 2010. Cops, not paramilitary, guard EVMs; Vij protests BJP candidate from Ambala Cantonment constituency, Anil Vij, staged a sit-in in front of Kalpana Chawla polytechnic on Thursday alleging that policemen of Haryana were guarding electronic voting machines, instead of personnel from the paramilitary forces. Each party calls polling 'wave in favour'  As voters in Haryana broke all previous records of turnout on Wednesday, each political party has started calling it a clear mandate in its favour.  More Chandigarh News»

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