News Digest: NDA will get majority in Bihar, predicts NDTV exit poll

		THE TIMES OF INDIA
		Saturday, November 07, 2015
		Today's Headlines

		India
		NDA will get majority in Bihar, predicts NDTV exit poll An exit poll released by NDTV on Friday projected that the BJP-led NDA could just cross the half-way mark in the Bihar assembly elections, winning between 120 and 130 seats in the 243-member house Modi's language didn't befit his position: Ghulam Nabi Azad Congress veteran and leader of opposition in Rajya Sabha Ghulam Nabi Azad oversaw the party campaign in Bihar. He tells TOI that the grand alliance will win and criticizes Prime Minister Narendra Modi for his “controversial” campaign. Mukul Kesavan cites 1984 riots to slam Cong At the conference on Nehru’s legacy, eminent writer Mukul Kesavan raised the issue of 1984 anti-Sikh riots under Congress government to question the party’s criticism of NDA on the issue of “intolerance”. More India News»

		Business
		Airfares in New Year to cost more as government levies 2% cess Come January 1 and flying to metros, big cities and abroad will cost 2% more. SBI Q2 net soars 25% as NPA dips State Bank of India (SBI) has reported a net profit of Rs 3,879 crore for the quarter ended September 2015, an increase of 25% over the corresponding quarter last year. M&M Q2 net drops 2.4% to 924 crore More Business News»

		Environment
		CPCB to monitor actions to combat air pollution Union environment ministry on Friday decided to set up a control room within the Central Pollution Control Board (CPCB) to constantly monitor day-to-day actions of state agencies to control air pollution in Delhi and NCR. By '30, solar power to make up 18% of energy generation Solar energy is expected to account for 18 per cent of total power generation capacity in India by 2030 from one per cent at present, playing a key role in the country's efforts to achieving 40 per cent installed power capacity from renewable energy. From 'poor' to 'very poor', Delhi chokes as air quality falls The average reading of 10 areas showed that PM 10 and PM 2.5 (fine particles that can harm the lungs) were hovering around 368 and 222 microgram per cubic metre, much above the safe limits of 100 and 60. More Environment News»

		World
		Russian plane crash: Obama backs 'bomb on plane' theory The spectre of a ticking bomb in the belly of a commercial airliner has returned to haunt the airline industry after world leaders virtually confirmed that is what brought down the Russian airplane in Egypt’s Sinai Peninsula last Saturday. Mustard gas use in Syria conflict confirmed The UN chemical weapons watchdog Friday confirmed with "utmost confidence" that mustard gas was used in Syria in August during fighting between rebels and jihadists and "likely" killed a child. Maldives cops raid pvt TV station over threat to prez A private television station was raided on Thursday by Maldivian police in connection with an alleged Islamic State video posted on YouTube that threatened to kill President Abdulla Yameen and other senior officials, days after a state of emergency was declared in the island nation. More World News»

		Entertainment
		Abhishek to play Chota Rajan in his next? Abhishek Bachchan is all set to play a gangster in his next film. AbRam, Aaradhya and the property they own 'Connection with Shashiji predates Kareena' It’s been 37 years since the start of the Prithvi Theatre. More Entertainment News»

		Science
		Untested 'gene editing' tech saves baby with cancer Ababy girl who was close to dying from cancer has been rescued by a cell therapy envisioned as a “one size fits all” treatment that had never been tested in people, doctors reported on Thursday. 'Most women are gay or bisexual' Most women are never straight — they are either gay or bisexual, a study suggests. Although lesbians are much more attracted to females, most women who say they are straight were aroused by videos of both naked men and naked women. HIV breakthrough: FDA approves new drug with fewer side effects A new treatment for HIV infection has been approved by US federal regulators which does not have the side effects associated with other drugs used to fight the virus that causes AIDS. More Science News»

		Sports
		1st Test: Pujara fifty builds on Ashwin's record haul R Ashwin became the quickest Indian bowler to 150 Test wickets, helping bowl South Africa out for 184 on day two of the first Test in Mohali. Talking points: Ashwin's record, Pujara's statement TOI Sports looks back at the key passages of play from day two of the Mohali Test between India and South Africa. ISL: Robin Singh's strike helps Delhi steal 1-1 draw Robin Singh scoring an injury-time goal to deny Mumbai three points. Mumbai, had taken the lead courtesy a 70th minute goal from Frederic Piquionne. More Sports News»

		Technology
		Apple Watch launched in India at Rs 30,900 Beginning today, Apple Watch will be officially available for sale through Apple’s retail channels across the country. 25 tricky questions asked in Microsoft interviews We've compiled some of the toughest Microsoft interview questions available on Glassdoor. Whether you're looking for a programming job or a position doing marketing, Microsoft's interview questions will surely stump you. Meet India's 9-year-old CEO-cum-cyberexpert Paul Reuben at his age, boys are just stepping into the fantasy world of Hogwarts and beginning to identify with the Wimpy Kid, but Reuben Paul has his eyes on the rain—the green code rain of The Matrix. The third-grader is already an accomplished hacker, app developer, cybersecurity expert and, not surprisingly, CEO of a game development firm, Prudent Games. . More Technology News»

		Education
		Kolkata school first in Asia to have French as 2nd language Professor Surendra Munshi, one of the best known sociologists of the country, inaugurated the Learning Pageant at The Future Foundation School in the presence of newly appointed Consul General of France in Kolkata Damien Syed on Friday. Students slam MHRD's statement on Non-NET fellowship issue Alleging non serious attitude of the Ministry of Human Resource Development over the issue of Non-NET fellowship, the protesting students claimed that the statements are diversionary tactics on Friday night. Government cut funds, scientists too failed to pick right problems in science: CNR Rao While funding to research institutes has been cut down astronomically, scientists too have failed to pick up problems of relevance, said Bharat Ratna CNR Rao. More Education News»

		Mumbai
		Shopkeepers fined Rs 5 lakh for digging 260 holes The Brihanmumbai Municipal Corporation (BMC) has levied a fine of Rs 5.20 lakh on the Lokhandwala Vyapari Mandal for digging 260 holes to install lights for its annual Diwali shopping festival. Ex-Guns N' Roses guitarist Slash performs tonight There are few other images as memorable and inextricably linked to he notion of rock star cool as Slash's stirring guitar solo in Guns N' Roses' November Ran video, where dressed in all denim and boots, cigarette precariously balanced between his lips, he calls forth a gale with just his guitar-his curly mane and a diminutive church n the background symbolic of his reign. Cellphone cameras prompt police stations to upgrade e-surveillance Even as a departmental in quiry into the thrashing of a couple by cops at Andheri is on, junior officers manning police stations have been asked to behave better with citizens now that mobile phone cameras have become ubiquitous. More Mumbai News»

		Delhi
		Delhi HC dismisses PIL against cow slaughter Calling it a “misconceived petition“, the Delhi high court on Friday dismissed a PIL seeking enactment of a law to prohibit slaughter of cows and sale of beef across the NCR. 2 changes to ease nursery entry Two separate amendments to education laws will streamline entry-level school admissions in the city. The Delhi government plans to amend the rules of the Right to Education Act and Rules and also the Delhi School Education Act and Rules (DSEAR), 1973. SC issues notice to Delhi's 15 judicial officers The Supreme Court on Friday issued notices to 15 judicial officers who cleared the 2014 Delhi Judicial Services Examination (DJSE) in a litigation initiated by an NGO and unsuccessful candidates questioning the fairness of the test. More Delhi News»

		Bangalore
		Travellers want to be adopted by Bengaluru's wanderlust family Over three months after L.I.F.E, the Little Indian Family of Explorers, got back home after concluding their extraordinary journey from Bengaluru to Paris in 111 days by road, wanderbugs from all across the country are reaching out to this family with one request : Pleas e adopt us. And there's good news for these gypsy souls as the Baid family is planning another trip in April 2017. Communal intolerance is a ploy against NDA: RSS The Rashtriya Sway amsevak Sangh (RSS) on Friday took on the intelligentsia and political detractors for raising the communal bogey and using it as a ploy to attack the Centre. Indian music integrates all the dimensions of the human being' It's not hyperbole to say that John McLaughlin is one of the world's greatest guitarists. In a career that has spanned six decades, he's played with the Graham Bond Organisation, Miles Davis, Jimi Hendrix, The Rolling Stones as well as Indian musicians like L Shankar, Mandolin Srinivas and Zakir Hussain. The frontman for Shakti and the Mahavishnu Orchestra is visiting Bengaluru with his band, 4th Dimension, to play at the Jazz In the Garden event this evening. More Bangalore News»

		Hyderabad
		Salary backlog at Mecca Masjid While the Telangana state government has been making tall claims with respect to minority welfare, staffers of the Mecca Masjid are hardly amused. KCR likely to invite Naidu to Chandi Yagam In a clear indication of growing bonhomie between the chief ministers of two Telugu states, Telangana CM K Chandrasekhar Rao is planning to invite his AP counterpart N Chandrababu Naidu to Ayuta Chandi Yagam being performed in December. Medical negligence victim given Rs 1.6L compensation The Hyderabad district consumer disputes redressal forum has directed a city-based hospital and its medical practitioner to pay Rs 1.6 lakh compensation to a 32-year-old housewife for leaving a surgical mop (towel) inside her abdomen during a Cesarean section. More Hyderabad News»

		Chennai
		Man, 70, dies after attack by bees, 9 injured A 70-year-old man died at the government hospital in Tiruttani on Friday, following an alleged attack by a swarm of bees from a forest area near Pallipattu, 130 km from Chennai, in Tiruvallur district. Nine others were injured in the attack on Thursday, police said. Anbumani writes to govt against GM mustard PMK leader Anbumani Ramadoss has urged the central government to reconsider a proposal to approve genetically modified (GM) mustard, developed by scientists at Delhi University’s Centre for Genetic Manipulation of Crop Plants. Gang stabs man, 40, in Koyambedu A three-member gang stabbed a 40-year-old man at Koyambedu in full public view in Chennai Mofussil Bus Terminus (CMBT) in Koyambedu, leaving him bleeding, on Friday morning. More Chennai News»

		Ahmedabad
		Japanese pianist Toshiki Usui regales Amdavadis Pianist from Japan, Toshiki Usui, on Friday performed at the Ahmedabad management Association (AMA) in a concert organised by the Indo-Japan Friendship Association. Usui (38), who has been playing piano since he was four years old, said his source of inspiration was his mother who used to play Japanese classical music. He said the music can strengthen cultural ties between the two countries. `He stole Audi to divorce, remarry' Ghatlodia police investigating theft of an Audi Q5 car worth Rs 30 lakh arrested the absconding car driver Vijay Desai, 28, when he paid a clandestine visit to the city late on Thursday night.Desai told police that he had stole the high-end SUV to fund his remarriage. Balcony on fourth-floor of building crashes, 11 rescued : The balcony of on the fourth floor of a building near Vejalpur railway crossing came crashing down at 6:45 pm on Friday . A team of Ahmedabad Fire and Emergency Services (AFES) rescued 11 people who were present on the fourth floor at the time. More Ahmedabad News»

		Allahabad
		Wanted dacoit gunned down in MP Madhya Pradesh police gunned down notorious dacoit Chunni Lal Patel alias Mehman of Chitrakoot in an encounter near Bhagada village under Nayagaon police station. Rlys accounces special trains for Diwali, Chhath In view of rush of passengers for Diwali and Chhath, railway administration is introducing special trains in various directions. UPPSC to upgrade its website Paying heed to complaints from civil services aspirants about lack off communication, the Uttar Pradesh Public Service Commission (UPPSC) has decided to revamp its official website. This should help inform aspirants about the status of their complaint. Commission officials said half of the around 3,000 writs pending against UPPSC in courts were due to absence of a transparent mechanism. More Allahabad News»

		Bhubaneswar
		Railways starts special drive against carrying crackers on train this Diwali Railways have geared up to prevent carrying crackers in passengers, mail and express trains. Carrying inflammable items in train journey is strictly prohibited and the East Coast Railway (ECoR) has formed a special squad to keep a strict vigil on carrying inflammable items in trains. 12 child labourers rescued from Bhubaneswar railway station The children were produced before the Child Welfare Committee and, after counseling, will be kept in transit-cum-residential hostels in the city, official sources said. Bhubaneswar businessman robbed of Rs 15 lakh outside bank Unidentified outlaws robbed a realtor of Rs 15 lakh cash in broad daylight outside a nationalized bank near Laxmisagar Square here on Friday. More Bhubaneswar News»

		Bhopal
		Assembly special session : MP government allocates Rs 8407 cr for farmers Madhya Pradesh Assembly on Thursday passed supplementary budget proposals of Rs 8,407 crore to provide relief to drought-hit farmers in the state. Nabbed in Delhi, conman was inspired by Bollywood flick A member of a gang of fraudsters, which conned people by disguising as government officials, was nabbed from Delhi a few days ago.Modus operandi reminds of Bollywood flick 'Special 26'. Slugfest over official car at RGPV Registrar Takes Back Car From Dy Exam Controller More Bhopal News»

		Chandigarh
		New plant to help produce power from waste The first Biomethenation Plant, which was planned in collaboration with Mumbai for installation, BARC, finally received the nod. GMCH fails to start research scheme, loses Rs 2.34cr Shimona.Kanwar@timesgroup. Bring people closer to nature with Haiku Vishakha.Chaman@timesgroup.Haiku should find a place in the age of Instagram and texting, said Dr Angelee Deodhar during the Chandigarh Literature Festival on Friday. More Chandigarh News»

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Rakesh Jhunjhunwala makes huge bid in IndiGo IPO

THE ECONOMIC TIMES Fri, Nov 06, 2015 | 08:01 AM IST ET Investment Opportunities

Rakesh Jhunjhunwala makes huge bid in IndiGo IPO Rakesh Jhunjhunwala makes huge bid in IndiGo IPO Often called India's Warrent Buffett, Jhunjhunwala was also one of the early-stage investors in SpiceJet, another low-cost airline. BPCL planning IPO of Bina refinery next year: Chairman S Varadarajan BPCL planning IPO of Bina refinery next year: Chairman S Varadarajan BPCL is planning to launch an initial public offer of its Bina refinery unit next year, chairman of the state-owned firm S Varadarajan said. IndiGo IPO: It isn't only about numbers, but satisfied customers also IndiGo IPO: It isn't only about numbers, but satisfied customers also Not only is practically every potential investor in IndiGo IPO a regular customer of the airline, they are all satisfied customers. Retail investors should wait for secondary market listing as IndiGo IPO valuation high Retail investors should wait for secondary market listing as IndiGo IPO valuation high Even though IndiGo has superior financials and dominant market share in India, the IPO appears expensive from retail investors' perspective.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Reliance FHF XXIX Series 13 Reg-G Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 Reliance FHF XXIX Series 13 Reg-D Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 Reliance FHF XXIX Series 13 Direct-G Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 Reliance FHF XXIX Series 13 Direct-D Debt: FMP Closed-end 23 Oct 2015 06 Nov 2015 5,000 UTI Fixed Term Income Sr XXIII-VIII (1100D) Direct-G Debt: FMP Closed-end 06 Nov 2015 20 Nov 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   DHFL Pramerica Tax Savings Reg-G Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 DHFL Pramerica Tax Savings Reg-D Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 DHFL Pramerica Tax Savings Direct-G Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 DHFL Pramerica Tax Savings Direct-D Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 Axis Hybrid Series 28 Direct-G Hybrid: Debt-oriented Conservative Closed-end 27 Oct 2015 10 Nov 2015 5,000 More >>

Views and Recommendations

Nifty50 to find support at 7,950-7,930: Mitesh Thacker 06 November, 2015, 07:54 AM IST Even a gap down opening of 30-40 points would be a good selling opportunity on Friday, says Thacker. Any 30-40 point gap down on Nifty50 should be sold into: Sandeep Wagle 06 November, 2015, 08:00 AM IST In case there is weakness to follow —which is very likely —I do not see a bounce back beyond 30-40 points, says Wagle. Market mature enough to digest Bihar outcome soon: Deven Choksey 06 November, 2015, 07:55 AM IST I do not think that Bihar elections is an end of story for any government for that matter. See 50-60% upside potential in Majesco: Daljeet Singh Kohli 06 November, 2015, 07:57 AM IST We have a buy rating on the stock with a target of Rs 549; we reiterate that Majesco is a long-term investment, says Kohli.

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