Prabhat Dairy's IPO closes successfully

THE ECONOMIC TIMES Fri, Sep 11, 2015 | 08:06 AM IST ET Investment Opportunities

Prabhat Dairy's IPO closes successfully Prabhat Dairy's IPO closes successfully The initial public offering (IPO) of Prabhat Dairy has managed to sail through despite weakness in the secondary market. Prabhat Dairy's IPO subscribed 42 per cent at the end of Day 5 Prabhat Dairy's IPO subscribed 42 per cent at the end of Day 5 The initial public offering (IPO) of Prabhat Dairy was subscribed 42 per cent at the end of the fifth day of subscription today despite a cut in issue price. Grey market shirks IPO deals on sell-off Grey market shirks IPO deals on sell-off The recent stock market sell-off and poor listing of Power Mech Projects have resulted in stoppage of grey market deals and bets being called off. Sadbhav Infrastructure Project's IPO pulls through, subscribed 2.22 times Sadbhav Infrastructure Project's IPO pulls through, subscribed 2.22 times The initial public offering (IPO) of Sadbhav Infrastructure Project was subscribed 2.22 times, the last day of its subscription.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Kotak FMP Series 179 - 1099D Direct-D Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 Kotak FMP Series 179 - 1099D Reg-D Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 Kotak FMP Series 179 - 1099D Direct-G Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 Kotak FMP Series 179 - 1099D Reg-G Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 ICICI Pru FMP Series 77 1134D Plan U Reg-D Debt: FMP Closed-end 11 Sep 2015 16 Sep 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   UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Direct-D Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Direct-G Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Reg-D Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Reg-G Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 Birla SL Focused Equity Ser 6 Reg-D Equity: Large Cap Closed-end 07 Sep 2015 01 Oct 2015 5,000 More >>

Views and Recommendations

Wait for currency to stabilise in EMs to invest in the market: BP Singh, Pramerica Mutual Fund 11 September, 2015, 07:51 AM IST Therefore, one will have to just wait for this redemption to taper off before one starts buying and the signal of that will come only once the currencies in the emerging economy stats to stabilise. Prefer Power Grid with a target of Rs 170: Mayuresh Joshi, Angel Broking 10 September, 2015, 04:23 PM IST So, again, I am very optimistic on Power Grid, we have got a target of Rs 170 over the next 12 to 15 months. Bears may go for a hiding; expect Nifty to reclaim 8,000 soon: Ashwani Gujral 10 September, 2015, 04:15 PM IST The Nifty was trading at an eight point premium so chances are that we are at some sort of exhaustion point on the downside and the risk reward is fairly a favourable towards the upside. Prefer JK Tyre among tyre stoks; Amara Raja in battery space: Mayuresh Joshi, Angel Broking 10 September, 2015, 04:10 PM IST The kind of timely capital expenditure that a lot of these guys have turned, specifically, in the case of JK Tyres they have expanded their radial capacity from 1.5 to 2.3.

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market ET Panache Latest in the world of fashion, technology, food and celebrity. Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more.

Follow Us on ET:

About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2015 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

ET Investment Opportunities is now part of your favourite ET Wealth mailer. Property, Stocks, IPOs, NFOs and Mutual Funds – get the latest investment options in your mail box every week with ET Investment Opportunities.

To unsubscribe or edit your subscriptions please click here

News Digest: Reliance ADAG structured front companies to fund STPL: CBI

		THE TIMES OF INDIA
		Friday, September 11, 2015
		Today's Headlines

		India
		Reliance ADAG structured front companies to fund STPL: CBI Advancing final arguments in the case, it said Reliance Anil Dhirubhai Ambani Group (ADAG) had structured front companies to fund STPL to increase its net worth for bagging radio waves. Modi hits back at Sonia with 'hawalabaaz' barb An acerbic Prime Minister Narendra Modi challenged Congress chief Sonia Gandhi’s barb that he was given to “hawabaazi” or empty talk saying “those involved in ‘hawalabazi (corruption)’ are questioning my accountability”. In this ministry appointment comes before resumes The notification said the empanelment of the 30 advocates was being done “with the approval of the competent authority” for conducting cases before the various benches of NGT on behalf of the ministry. More India News»

		Business
		'Competitive federalism' triggers reforms in states "Competitive federalism" is driving states to rush in with reforms that have made it easier for businessmen to electronically register and pay taxes, obtain electricity connections more easily and have a simpler regime for inspections by labour and pollution inspectors. Reebok set to bring mixed martial arts league UFC Indian fans may finally get a chance to have a glimpse of Ultimate Fighting Championship (UFC) heartthrob Ronda Rousey. Nandan Nilekani funds initiative to alleviate poverty The Nudge Foundation, a non-profit that focuses on sustainable poverty alleviation, has received a seed grant of $200,000 from Infosys co-founder and former UIDAI chief Nandan Nilekani. More Business News»

		Environment
		Gujarat HC seeks info on Gir sanctuary structures Gujarat high court on Thursday directed the state government to provide more information about the existence of commercial structures in different buffer zones, as per the new eco-tourism policy for Gir sanctuary, the last abode of Asiatic lions. Deconcretisation of trees: NGT slams DDA over delay The National Green Tribunal today rapped the Delhi Development Authority (DDA) for not submitting report on deconcretisation of trees in the capital, even when five panels were formed to monitor the matter over a year ago. Ahmedabad air judged among most dusty in the country Of the 13 cities in the country whose air quality index (AQI) is measured daily by the Central Pollution Control Board (CPCB), five— including Ahmedabad — face a severe problem of suspended particulate pollution. More Environment News»

		World
		EU divided as record wave of migrants stream into block Divisions over Europe's refugee crisis deepened on Thursday as record numbers of migrants streamed through the Balkans into Hungary, forcing Austria to suspend cross-border train services. Jihadists put squeeze on Syria's Assad as Russia defends aid Jihadists advanced on a regime airbase in eastern Syria on Thursday after the fall of one in the north, as staunch ally Russia defended its military aid to embattled President Bashar al-Assad. Lawyers: We will pursue sanctions against Maldives A team of human rights lawyers said Thursday they will seek international sanctions and travel bans against the Maldives as part of its efforts to secure the release of the country's jailed former president. More World News»

		Entertainment
		What's common between Sooraj and Salman? In the film business, it’s common to have a Godfather. Today as Salman introduces his Sooraj to his world, we bring you five uncanny stark similarities between the mentor-protégé duo. PIC: Salman Khan with 'Hero' family Actor Salman Khan recently posted a picture of the entire 'Hero' family on social media. Movie Review: 'Hero' Top cop Mathur’s daughter, Radha (Athiya Shetty) is kidnapped by Sooraj (Sooraj Pancholi), the protégé of her father’s arch-rival. Cupid plays his part in making them fall in love. But, this volatile love story can never end in happiness. Do they give up on each other? More Entertainment News»

		Science
		Oxygen doesn't always point to alien life: Study Presence of oxygen may not necessarily indicate presence of life on an exoplanet, according to a new study that suggests looking for new biomarkers besides oxygen to find alien life. Super-sensitive Ebola test could curb disease spread A new Ebola test which is not only easier to use but also 100 times more sensitive than a test currently in use could help curb the spread of the disease in western Africa, claims a study. Remains of new human species found in South African cave: Scientists Scientists say they've discovered a new member of the human family tree, revealed by a huge trove of bones in a barely accessible, pitch-dark chamber of a cave in South Africa. More Science News»

		Sports
		Virat Kohli joins IPTL side 'UAE Royals' as co-owner Joining the IPTL bandwagon, India Test captain Virat Kohli has become co-owner of UAE Royals, which will be led by Swiss great Roger Federer. India beat Malaysia 9-1, enter semi-final of Junior Asia Cup Rani Rampal led from the front and slammed a hat-trick as Indian eves thrashed Malaysia 9-1 in their last league game of the seventh women's Junior Asia Cup. Allrounders fast becoming a rare commodity in cricket In the last few years these cricketing allrounders, especially the match-winners among them, are becoming a rare commodity at international level. More Sports News»

		Technology
		Apple iPhone 6S, 6S Plus: 10 things to know The tech giant unveiled the two updated iPhones -- iPhone 6S and iPhone 6S Plus -- at an event in San Francisco’s mega Bill Graham Civic auditorium. Talking about the new smartphones, Apple CEO Tim Cook said, "They look familiar, but we have changed everything about these iPhones." Here are 10 things you need to know about Apple's latest iPhones. Apple iPhone 6S, 6S Plus first impressions The new iPhones look the same as last year's models on the outside. But changes on the inside matter, from camera improvements to new sensors that enable quicker access to tasks. 7 iPhone 6S features taken from other phones As expected, Apple unveiled two new iPhones - iPhone 6S and iPhone 6S Plus at its special event in San Francisco. More Technology News»

		Education
		DoE makes syllabus topics recommended for culling public for comments 'Dadi Maa', a story taught in grade VI Hindi has been judged "very long and uninteresting", 'Khan-pan ki badalti tasveer' apparently "lacks succulence"; the tone of "The Old Clock Shop" from the English syllabus is "too dark and morose." Schools under CCTV surveillance Promised in the budget speech, Delhi Government’s project of placing every classroom under CCTV coverage is being tested at two schools. Sampurnanand Sanskrit University to now award bilingual degrees The students of Sampurnanand Sanskrit University will now get their degrees that will be readable to those also who don't know Sanskrit. The university will also adopt semester system from 2016-17 academic session. More Education News»

		Mumbai
		Such a ban can't be a formula for Mumbai: HC Questioning how a meat ban could be enforced in the city, the Bombay high court on Thursday asked the BMC and the state to clarify the four day curb on sale of meat they had imposed during the Jain festival Paryushan this month. Vinoba's birthplace lives his dream on eve of 120th anniversary From a distance, the ground-plus-one structure with neatly painted walls looks like any other village house in Gagode. It is only when you approach the entrance do you see ‘Vinoba Janmasthan’ written on it. Five Sewri TB staffers got drug resistant TB this year As many as eight healthcare workers from the Sewri TB Hospital have contracted the deadly tuberculosis infection so far this year, despite BMC’s claims of best protective gear being made available to them. Five out of the eight have the drug resistant form of the disease, which is a lot tougher to treat and has a higher mortality rate. More Mumbai News»

		Delhi
		No recall of cab rape survivor The 26-year old Uber rape case survivor will not have to go through the agony and humiliation of being re-examined by the alleged perpetrator of the crime with Supreme Court on Thursday quashing the Delhi high court order allowing the accused to re-examine 13 witnesses, including her, again. Outrage grows, India reasons with Saudis Saudi ambassador Saud Al Sati was called in on Thursday by the government to discuss options and ask for the embassy's cooperation in investigations into rape allegations against one of its diplomats as both countries struggled to find a solution to a problem that also involves Nepal. Sheila govt `error' left community in lurch: CIC Countless people of the 'Chamar' community were unconstitutionally issued caste certificates as 'Jatavs' because of apparent erroneous decision by the Delhi government under chief minister Sheila Dikshit, a problem which could not be rectified even after the order was withdrawn. More Delhi News»

		Bangalore
		Govt promises relief from powers cuts after Sept 22 Bengalureans reeling under unprecedented power cuts can breathe a sigh of relief, if the promise given by the state government is kept. Publisher offers online creative tool to writers, kids In keeping with its motto of seeing "a book in every child's hand", Bengaluru based publisher Pratham Books has created a unique online platform and resource database consisting of 800 stories in 18 languages. The man had divorce on his mind, say cops Gokul Macheri may have been considering divorce before allegedly murdering his wife Anuradha, say police. More Bangalore News»

		Hyderabad
		4 more farmers commit suicide in Telangana The spate of suicides among farmers in Telangana continues unabated. Since Wednesday night four farmers ended their lives and a fifth death occurred when a distressed sister followed her farmer brother and drank pesticide, in Nalgonda district. The death of the brother and sister from Sapavatutanda of Peddapur mandal of Nalgonda district starkly brought to the fore the collateral damage a farmer's family suffers when a farmer kills himself. 3 arrested; 155 kg ephedrine seized Prohibition officials on and excise officials on Thursday arrested three persons and seized a whopping 155 kilograms of ephedrine during raids at three different locations, including a small illegal manufacturing unit at BN Reddy nagar, Cherlapally . Tax scandal unearthed in Guntur civic body A tax scandal has been unearthed in the Guntur Municipal Corporation (GMC) along with the staff in the cash counters.They have been found embezzling the tax amounts received from the taxpayers. Though preliminary inquiries have revealed that the staff misappropriated Rs 43 lakh, senior officials suspect that the volume of the scandal could be much bigger. More Hyderabad News»

		Chennai
		Modern art expo brings old, new together It is not every day that an art exhibition showcases the masters of modern painting like Souza, Hussain and Raza and more rarely do galleries pair them up with young artists, fresh out of college. A three-day show ArtFest at Park Hyatt beginning from Friday , however, is doing just that. BJP all praise for Jaya, Modi over GIM BJP on Thursday attributed the success of the Global Investors Meet hosted by the Tamil Nadu government to the efforts of PM Na rendra Modi to build bridges with the world by touring several countries to attract investments. MK: GIM eyewash, only 5.6% investments came to Tamil Nadu Dubbing GIM an eyewash, DMK chief M Karunanidhi said the AIADMK government had sudden ly awoken after being sleep for four years to conduct an investors' summit. More Chennai News»

		Ahmedabad
		After GM exit, Nano gives Gujarat big scare Nano's drive to Sanand from jinxed Singur in 2008 marked the beginning of Narendra Modi's image-makeover ­ a divisive figure to the `Good M', as Ratan Tata described him. Helpline for mental health launched Gujarat chief minister Anandiben Patel launched 'Jeevan Aastha' helpline initiated by Gandhinagar range police with a video conferencing on Thursday in Gandhinagar. Constable's house burgled, Rs 13L stolen Thieves targeted a police head constable's house at Hari Om Society in Ramol and decamped with gold jewellery, cash and a 1 kg silver bar, all worth Rs 13.55 lakhs. More Ahmedabad News»

		Allahabad
		One more accused held in jeweller abduction case The crime branch on Wednesday arrested Vinit Singh Parihar near Zero Road bus depot in connection with jeweller Pankaj Mahendra abduction case. Farmers stage protest against vacating land for power plant A farmer allegedly set his house afire, as others raised slogans and tried to resist authorities' move to get the land vacated for Meja Urja Nigam Private Limited (MUNPL)'s project of setting up ash dyke in Salaiya Kalan village of Meja tehsil on Wednesday. Bomb hurled at a corporator's house Panic gripped Malviya Nagar and adjoining areas under Mutthiganj police station on Wednesday after some unidentified persons threw four crude bombs on the house of a sitting corporator and vice-president of AMC working committee, Sushil Kumar Yadav late on Tuesday night. More Allahabad News»

		Bhubaneswar
		BJD terms Rahul Gandhi's pro-farmer cry political gimmick Rahul Gandhi’s ‘save farmers’ rally in Odisha’s Bargarh district on Thursday generated much political heat with ruling BJD and opposition BJP in the state terming his ‘pro-farmer’ cry a political gimmick. ZP member arrested for 'assaulting' officer in Bhubaneswar Police on Wednesday arrested zilla parishad (ZP) member Baijayanti Saraf for allegedly assaulting district planning officer Mahendranath Munda during a meeting at the conference hall of District Rural Development Agency (DRDA) in Balangir. Bhubaneswar cops seek experts to crack banking frauds The commissionerate of police is planning to hire experts from the finance department, income tax wing and banks to investigate banking frauds. More Bhubaneswar News»

		Bhopal
		Bhopal college girls cheer Modi, click selfies with his posters After touchdown at the state hangar here on Thursday morning, Prime Minister Narendra Modi was scheduled to address a congregation of BJP party workers within the airport premises. Madhya Pradesh HC issues notice on Rakesh Sahni's appointment as NVDA chairman Madhya Pradesh high court on Thursday issued notices to the state government on a PIL challenging appointment of state’s former chief secretary Rakesh Sahni, as chairman of Narmada Valley Development Authority (NVDA). Swiss govt discloses Indore-based firm's name in black money probe In a fresh disclosure on suspected black money cases being probed by tax authorities in India, Switzerland on Tuesday said it has received a request for information on Indore-based textiles firm, Neo Corp International Ltd. More Bhopal News»

		Chandigarh
		Chandigarh gears up for PM Modi's visit on Friday Security has been beefed up ahead of Prime Minister Narendra Modi's visit scheduled in Mohali on Friday to inaugurate the international airport. Hit and run: Youth killed, friend injured as car rams into bike A youth riding a bike with his friend was run over by a speeding car at the phase 1 light point late on Tuesday night. Pinjore, Morni go to polls on Oct 4 Arvind Bishnoi | Panchayat elections in Panchkula will be held in two phases.Pinjore and Morni block are included in Phase I.Elections here will be held on October 4. More Chandigarh News»

		Unsubscribe | To manage your newsletter subscription settings, click here	Other Newsletters from TOI : Breaking News | Top Headlines | Tech | Entertainment | Movie Reviews | Life & Style