11 of 18 newly-listed cos trading above issue price

THE ECONOMIC TIMES Fri, Nov 27, 2015 | 07:58 AM IST ET Investment Opportunities

11 of 18 newly-listed cos trading above issue price 11 of 18 newly-listed cos trading above issue price As many as 11 companies out of the total 18 that got listed this year are trading above their issue price, an analysis of the performance of the newly-listed firms showed. InterGlobe Aviation to list its shares tomorrow InterGlobe Aviation to list its shares tomorrow The company has raised Rs 3,008.5 crore at issue price of Rs 765 per share from its recently concluded, over-subscribed IPO. 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.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   DWS FMP Ser 95 (1100D) Reg-G Debt: FMP Closed-end 21 Nov 2015 02 Dec 2015 5,000 DWS FMP Ser 95 (1100D) Reg-D Debt: FMP Closed-end 21 Nov 2015 02 Dec 2015 5,000 DWS FMP Ser 95 (1100D) Direct-DY Debt: FMP Closed-end 21 Nov 2015 02 Dec 2015 5,000 DWS FMP Ser 95 (1100D) Direct-D Debt: FMP Closed-end 21 Nov 2015 02 Dec 2015 5,000 DWS FMP Ser 95 (1100D) Direct-DQ Debt: FMP Closed-end 21 Nov 2015 02 Dec 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 Sundaram Long Term Tax Advantage Sr II Direct-G Equity: Tax Planning Closed-end 03 Nov 2015 15 Mar 2016 500 More >>

Views and Recommendations

Expect Nifty50 to trade in 7,800-7,920 range: Sandeep Wagle 26 November, 2015, 04:16 PM IST For Friday, I expect the market to remain sideways with a positive bias; 7,800-7,920 on the Nifty50 would be my range, says Wagle. Broader market looks positive; all eyes on market breadth: Mitesh Thacker 26 November, 2015, 04:11 PM IST For next few days, I am still not counting much on the index; It is the market breadth which will attract me, says Thacker. History suggests equity offers better return than risk-free assets: Leo Puri 26 November, 2015, 03:39 PM IST In terms of asset allocation, equity , in particular, remains a very important place for Indian households, says Puri. Restructuring bodes well for ADAG investors; prefer Pipavav Defence: Pankaj Pandey 26 November, 2015, 03:27 PM IST The company has been able to win back some orders, which will be good for its investors, says Pandey in an interview to ET Now.

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News Digest: Ready to debate intolerance in Parliament: Govt

		THE TIMES OF INDIA
		Friday, November 27, 2015
		Today's Headlines

		India
		Ready to debate intolerance in Parliament: Govt The winter session of Parliament begins on Thursday in the backdrop of a massive row over actor Aamir Khan's remarks that his wife had suggested leaving India because of repeated instances of intolerance. The government has called Khan's comment a conspiracy by the opposition Congress to defame India. Congress wins Mizoram Assembly seat Former Mizoram health minister Lal Thanzara of Congress was on Tuesday declared elected in the bypoll to Aizawl North-III Assembly seat with a thumping majority. Duty of state govts to ban cow slaughter: Union minister Jyoti "There are a lot of things to eat in this country apart from cow," Union minister Sadhvi Niranjan Jyoti said here while stressing that it was the "duty" of state governments to ban cow slaughter. More India News»

		Business
		'Indian control' norms hurt insurers' valuations The valuation of a financial services firm is usually a straightforward business as there are ample benchmarks available. It's beauty startups vs horizontal cos Specialized On-Demand Service Providers Eye Funds Pie Rly fuel price to come down as Dabhol plant resumes supply When a part of Dabhol power plant in Maharashtra resumed supply at 8.47 on Thursday morning, there was probably a loud cheer in Rail Bhavan here. After all, power production at the controversial facility in Maharashtra’s Ratnagiri district will reduce the public transporter’s fuel bill by Rs 1,000 crore a year. More Business News»

		Environment
		Birdwatchers spot one nearly extinct, 4 endangered species The Salim Ali Bird Count, which was revived after almost 20 years, recorded over 15,000 observations by people across 22 states. A critically endangered and four endangered species were among the 514 species spotted on November 15. 'US looking for ambitious, fair agreement at Paris climate summit' The US is looking for an "ambitious" and "fair" agreement at the Paris climate conference which accelerates the transition to clean energy and is applicable to all countries, America's top official on climate change has said. Obama hopeful of comprehensive climate deal in Paris US President Barack Obama is buoyed by the commitments made by countries that account for 90 per cent of the world's greenhouse-gas emissions and hopeful of a comprehensive agreement on climate change in the upcoming Paris climate summit, the White House has said. More Environment News»

		World
		Tell exact longitude, latitude to drop bombs: Putin to Obama An exasperated Russian leader Vladimir Putin asked US President Barack Obama for the “exact longitude and latitude” where he could ask his military jets to drop bombs in the campaign against the Islamic State at the recently concluded G20 summit in Antalya, Turkey. US using sex, money to infiltrate Iran, Khamenei says The United States is using sex, money and western lifestyles to infiltrate Iran's decision-making elite, the Islamic republic's supreme leader Ayatollah Ali Khamenei said on Wednesday. Obama on Thanksgiving urges generosity to Syrian refugees President Barack Obama urged Americans to show generosity to Syrian refugees in his Thanksgiving message on Thursday, reminding them that the pilgrims who came to America in 1620 were themselves fleeing persecution. More World News»

		Entertainment
		Will 'Tamasha' be Deepika and Ranbir's last film outing? Well, it looks like director Imtiaz Ali’s Tamasha, which releases today, will be Deepika Padukone and Ranbir Kapoor’s last screen outing together, at least for the next three years. Boman Irani's new nickname for SRK - Jam! Boman Irani has bestowed SRK with an interesting pet name - Jam! Deepika Padukone: In personal life, I need stability She might come across as tough and practical, but Deepika Padukone says her attachment to her films is emotional – and unlike in her personal attachments, she craves instability and insecurity in her work. More Entertainment News»

		Science
		1 in 4 dengue patients at AIIMS didn't need blood transfusion: Study A study has concluded that nearly one out of every four dengue patients (23.2%) administered platelet transfusion during the 2013 outbreak at AIIMS did not need it. Heart patient? Cut down on sitting time If you are suffering from ailments related to the heart, make it a point to get up and move every half an hour as researchers have found that patients with heart disease who sit a lot have worse health even if they exercise. New form of gold almost as light as air Scientists in Switzerland have developed a 20 carat gold nugget that is thousand times lighter than conventional forms of the precious metal and can float on milk foam. The new gold form can hardly be differentiated from conventional gold with the naked eye. More Science News»

		Sports
		3rd Test: Advantage India after 20-wicket day India were going strong at 97 for 2, before a late five-wicket-haul from Imran Tahir saw them bowled out for 173, and in turn setting South Africa a target of 310 to win. Ranji Trophy recap: Wickets galore, Mumbai make QFs A look back at the highs and lows and in-betweens from the eighth round of the 2015-16 Ranji Trophy season. Talking Points: Ashwin leads another South African collapse Ashwin completed his 14th five-wicket haul in Tests while Ravindra Jadeja bagged four as South Africa were 32/2 in their second innings chasing 310 for victory. More Sports News»

		Technology
		This internet technology is 100 times faster  than Wi-Fi A new type of wireless internet technology has been developed that could provide a connection that's 100 times faster than traditional Wi-Fi. The tech is called LiFi, and was tested by an Estonian startup called Velmenni, who are currently trialling it in offices. 10 hidden features of your Android smartphone There's no doubt that Android is the most widely used mobile operating system around the globe. 8 tools to change the way you use Gmail If you only use Gmail to send and receive emails, you're barely scratching the surface of what it actually does. More Technology News»

		Education
		IIT Kgp most employable in country: QS Survey IT Kharagpur was rated the most employable institute in the country by an international survey for higher educational institutions on Thursday. It is also the only other institute apart from IIT Bombay to make it to the top 100 of the global employability rankings. Online petition seeks cancellation of Anna University semester exams The petition that was started on Wednesday garnered more than 22,000 supporters in a day. Students to recite preamble of Constitution in Nagpur tomorrow Over one lakh school students from across the city are expected to participate in a programme to recite the preamble of the Constitution of India at Yashwant Stadium here tomorrow to mark the Constitution Day. More Education News»

		Mumbai
		Cong leader blasts BCCI for Pak series Leader of opposition Radhakrishna Vikhe Patil on Thursday condemned the decision of the Shashank Manohar-led BCCI for approving the India-Pakistan series in Sri Lanka. Carjack case: Police seek CCTV footage The police are yet to track down the two persons accused of kidnapping and robbing a 41-year-old deputy manager of a private bank in Bandra-Kurla Complex (BKC) on Tuesday. Teams from the Kherwadi police station and the crime branch are getting details of the accused based on the description provided by the victim. Man held for 2.9L fraud after wooing woman online A Navi Mumbai man who posed as a British national on social media and cheated a Mira Road woman, both emotionally and financially, has been arrested. More Mumbai News»

		Delhi
		Political titans to kick off Times LitFest—Delhi The capital is all set to witness a contest of ideas between the new political order and the old, as finance minister Arun Jaitley and his immediate predecessor P Chidambaram square off against a backdrop of books, ideas and literature. Rethinking smart city for have-nots SPA's urban design students come up with innovative ideas, incorporating environment-friendly concepts and alternative sources of energy to reach out to the slum-dwellers 'Call centre baba' held for fraud The office looked like any call centre in the capital.The company got in touch with their targets using bulk messaging and calling services and claimed to have solutions for any problem in the world, literally. More Delhi News»

		Bangalore
		Indefinite strike against hike of affiliation fee by Channamma University Federation of Non-aided BSW and MSW Colleges has opposed the considerable hike in the affiliation fee and development fee made by the Rani Channamma University (RCU). Four on pilgrimage die in road accident Four persons including a child died and other 15 injured near Aratal Cross on Sankeshwar-Jewargi state highway in Athani taluk on Thursday, after the jeep overfilled with passengers turned turtle as the driver lost control. Plea challenges exemptions in fixing speed governors : The Karnataka high court has ordered notice to the state and central governments in a PIL challenging exceptions as well as exemptions to certain category of vehicles in fixing speed governors. More Bangalore News»

		Hyderabad
		Hyderabad schools may hike fees in new academic year Schools in the city are likely to increase tuition fee as managements have started the admissions for academic year 2016-17 early this year by keeping the fee structure discreet. Rajasthan's women farmers beat climate change, global warming As France gears up to welcome over 40,000 delegates, including world leaders like US President Barack Obama, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping for the 2015 United Nations Climate Change Conference ― twenty-first session of the Conference of the Parties (COP 21), the livelihoods of millions of dryland farmers across Africa and India are affected by climate related problems. Government's 'secret' definition of heritage The Telangana government’s World Heritage Week celebrations appear to be a façade - one that bears an uncanny resemblance to those of many listed heritage structures it once swore to protect. More Hyderabad News»

		Chennai
		Two boys swimming in Adyar river washed away Two boys who were swimming in the swollen Adyar river at Choolaipallam in Chennai were washed away on Thursday. Southern Railway to run special trains between Nagercoil and Mangalore Southern Railway will run special trains between Nagercoil and Mangalore to clear extra rush of passengers. Gang kidnaps owner of newly opened supermarket in Chennai Police launched a hunt for a five-member gang that kidnapped a businessman from his newly opened supermarket at Neelankarai in Chennai on Thursday. More Chennai News»

		Ahmedabad
		Monsoon dhamaka: 14 lakh fly through Ahmedabad airport Flash sales by airlines besides discount offers led to record movement of passengers through city airport during the monsoon season this year. The trend, which began with summer, continued in the monsoon season as more than 14 lakh flyers flew in and out of Sardar Vallabhbhai Patel International Airport during July-August-September. The preceding three months of summer brought in more than 15 lakh flyers. Gujarat's indie artistes strike the right work-music chord While music takes center stage in the lives of these indie musicians from Gujarat, many of them are working professionals by the day and musicians by the evening. 14 lakh kids in Gujarat didn't go to school Poonam Vanzara, 15, a nomadic girl from Dahod, and a resident of Vatva in Ahmedabad, has not even been to school. She along with 14.93 lakh children in the age group of 6-18 years from Gujarat have never attended school. More Ahmedabad News»

		Allahabad
		Allahabad as car thieves' paradise: 1044 cases reported in 10 months The city of Sangam has once again gained notoriety after registering highest (1044) cases of car thefts in Allahabad zone in past 10 months of this year. Ironically, apart from Kaushambi and Fatehpur, five out of eight districts including Pratapgarh, Banda, Hamirpur, Mahoba and Chitrakoot have too registered 10-33 percent rise in cases of car thefts. Akademi to decide fate of returned awards on Dec 17 Sahitya Akademi president Vishwanath Prasad Tiwari said the Akademi will take a call on the fate of the returned awards on December 17. He also said that he failed to understand why authors were returning awards as the Akademi was not responsible for law and order in the country. Ram temple movement still alive in heart of countrymen, says RSS leader Vishwa Hindu Parishad (VHPs) international secretary general Champat Rai said that Ram temple movement is imbued in the hearts of the people. The refusal of Faizabad district administration to give permission for voluntary blood donation on November 2 is an example to prove that fire for Ram temple is still alive in the hearts of millions and its construction is a constant process. More Allahabad News»

		Bhubaneswar
		Odisha recommends NIA probe into Puri train fire The state government on Thursday recommended the National Investigation Agency (NIA) probe into the serial burning of three empty trains in Puri recently. The NIA was advised to step in after Odisha police found suspected terror link behind the ‘sabotage’ act. EC issues notification for by-poll of the lone RS seat The Election Commission on Thursday came up with a formal notification for by-election of the lone Rajya Sabha seat from the state. 'Suicide' by 3 of a family shocks Vani Vihar campus The death of three members of a family sent shockwaves on the Utkal University campus on Wednesday after police found the bodies of a varsity staffer, his wife and son hanging from the ceiling of a garage adjascent to their quarter on the campus. More Bhubaneswar News»

		Bhopal
		MP BJP head remark 'no wave in Jhabua' sparks controversy Amid growing chorus of dissent in BJP over Jhabua poll debacle, party state president Nandkumar stunned leaders by saying BJP won 2013 assembly and 2014 Lok Sabha elections only because of `Modi wave’ but, this time there was `no wave’. Bhopal women share security concerns with police Breaking their silence, about 100 women gathered at Police Training and Research Institute, Jehangirabad, and asked questions from senior police officials, responsible for their security. The direct interaction was organised by Sangini Gender Resource Centre on Thursday Jabalpur woman commits suicide over Aamir Khan's 'intolerance row' A woman committed suicide in Jabalpur district of Madhya Pradesh on Thursday after a heated argument with her husband over actor Aamir Khan’s stance on the ongoing wave of 'intolerance'. She had had an argument with her husband on the statements made by the Bollywood actor. More Bhopal News»

		Chandigarh
		10th Pinjore Heritage Festival from Nov 28 Haryana Tourism would celebrate 10th Pinjore heritage festival on November 28 and 29 at the majestic Pinjore gardens. Organized by state tourism department, the festival seeks to project the ancient heritage and culture of the town of Pinjore and its royal Gardens. Real critics of my theatre are my audience: Aulakh The real critics of my theatre are my audience, which form the oppressed sections of society, and it is their experiences and their troubles that I try to portray in my literature, said renowned Punjabi playwright Ajmer Singh Aulakh, who returned his Sahitya Akademi award to protest against intolerance. Military Tribunal starts circuit bench in Jammu In a relief to military veterans and armed forces personnel settled or deployed in Jammu and Kashmir, the circuit bench of the armed forces tribunal (AFT) was inaugurated on Thursday at Sunjuwan Military Station Jammu. Justice Prakash Tatia, chairperson of the principal bench of armed forces tribunal Delhi, inaugurated the circuit bench, which comes under AFT’s regional bench Chandigarh and would hear the cases related to armed forces personnel deployed in the Jammu and Kashmir area. More Chandigarh News»

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Why is Lord Ganesha Invoked Before the Start of Every Business Venture

IndiaDivine.org:

Why is Lord Ganesha Invoked Before the Start of Every Business Venture

Om gam ganapataye namah! Ganesh Chaturthi or Vinayak Chaturthi is celebrated as the birthday of Lord Ganesh one of the most awaited festival among the Hindu community. It is the day of celebration, joy, prosperity, love and wealth. Lord Ganesh is worshiped in many forms and names like Gajanana meaning Elephant-faced lord, Avaneesh-lord of the whole world, Lambodhar-the big belly lord, Vinayaka-lord of everything and the list goes on. Every Hindu worships him in a unique way.

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