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Friday, May 6, 2016

News Digest: Pranav Pandya turns down RS nomination

THE TIMES OF INDIA
Saturday, May 07, 2016
Today's Headlines

Pranav Pandya turns down RS nomination

Those who took NEET-I barred from phase-II

Mystery fire razed files, but Agusta papers survived

More India News»

AAI seeks warrant for Mallya's arrest

DGCA puts airfares under scanner
The Directorate General of Civil Aviation (DGCA) has put airfares under the scanner, following rising complaints of carriers charging exorbitant fares during festivals and emergency situations.

Cognizant growth slowest in 14 yrs
The New Jersey-headquartered Cognizant Technology Solutions posted its slowest revenue growth at 10% in 14 years, for the quarter ended March 2016, with healthcare and banking clients tightening the purse strings.

More Business News»

Leaders vow hard work against temperature rise
International leaders and local officials on Thursday pledged to work hard to stem the rise of global temperatures by investing in public transportation and electric cars, planting trees and switching to solar energy.

Severe drought forces Zimbabwe to sell off wildlife
Drought-hit Zimbabwe has invited local farmers and private game rangers to buy wild animals as it destocks national game reserves to save fauna from starvation, the wildlife authority said. Zimbabwe has in recent years resorted to exporting elephants to countries like China in a bid to raise funds.

Earth may be home to 1 trillion life forms
Altogether, these data represent over 5.6 million species from 35,000 locations from across the world, except Antarctica. The scientists combined microbial, plant and animal community datasets from government, academic and citizen science sources, resulting in the largest compilation of its kind.

More Environment News»

Myanmar president proposes new ministry for Suu Kyi
Myanmar's president, Suu Kyi, has proposed to create a new ministry for Aung San SuuKyi's state advisor position, which is "intended to speed up the government's efforts at national reconciliation, internal peace, national development and the rule of law," according to Global New Light of Myanmar.

US added only 160,000 jobs in April, least in 7 months

North Korea stages once-in-a-generation party congress
North Korea on Friday kicked off its biggest political show for a generation — first ruling party congress in nearly 40 years — aimed at cementing the absolute rule of leader Kim Jong-Un and shadowed by the possibility of an imminent nuclear test.

More World News»

Sanjay Dutt: There is no drug I haven't done
His struggle with drug abuse, the daily humiliation of life in jail, ‘friends’ and trust in Bollywood – Sanjay Dutt spoke with shocking candour on his life and work in a recent chat at an event in Delhi

29-year-old was offered to play Hrithik's mom
Bollywood actors have been victims of stereotyping since time immemorial.

Sushant Singh Rajput and Kriti Sanon are dating?
Even before the ashes of a painful break-up of Sushant Singh Rajput - Ankita Lokhande could settle down, the latest buzz doing the rounds is that SSR has moved on and found love.

More Entertainment News»

World's largest particle smasher set to push physics into unknown
Geneva, May 6, 2016 (AFP) -The world's most powerful proton smasher is preparing for its biggest run yet which scientists hope will uncover new particles that could dramatically change our understanding of the Universe.

'Boaty McBoatface' sinks as UK names research ship
London, May 6, 2016 (AFP) -Britain will name a new marine research submarine "Boaty McBoatface" rather than giving it the joke name picked by the public for a much bigger ship, a minister announced Friday.

Skygazers ready for rare Mercury sighting
Paris, May 6, 2016 (AFP) -Earthlings will witness Mercury make a rare passage between our planet and the Sun Monday, appearing as a black dot tracking the surface of the star we share with the solar system's smallest planet.

More Science News»

IPL 9: Sunrisers Hyderabad beat Gujarat Lions by 5 wickets
Shikhar Dhawan held the Hyderabad innings together and took the hosts over the finish line. The opener's 47 off 40 balls was studded with six hits to the fence as he carried his bat through the innings to chase down the target with an over to spare.

Middlesbrough, Brighton set for richest-ever game in football
It's one game, with about $250 million riding on it. When Middlesbrough and Brighton meet in England's League Championship on Saturday, they'll be taking part in the most valuable football game in history.

Mickey Arthur named Pakistan head coach
The 47-year-old Mickey Arthur will take over from Waqar Younis, who had resigned from the position after Pakistan's disastrous World T20 campaign, claiming that none of his suggestions were being accepted by the PCB.

More Sports News»

12 Snapchat features you need to know about
Few apps update quite as frequently or as dramatically as Snapchat.

Smartphone market in India: Biggest winners & losers revealed
​India’s smartphone market grew by 12% year on year, with 24.4 million units shipping in Q1 2016.

8 hot gift ideas for this Mother's Day
We present you a list of gadgets that will make great gifting items for for your mom, and remind her everyday how thankful you are to have her.

More Technology News»

Students who appeared in NEET-I can't re-appear in NEET-II: Supreme Court
The Supreme Court on Friday made clear that students, who appeared in National Eligibility Entrance Test-I (NEET) on May 1 for admissions in MBBS and BDS courses, cannot be permitted to re-appear in NEET-II on July 24.

ISC results: Gurgaon students emerge as NCR's top scorers

ICSE results out: Odisha boy Abineet Parichha is Class 10 topper
Abineet Parichha, a student of Little Flower School, Balangir has become the all India topper in the Indian School Certificate Examination (ICSE) for class X.

More Education News»

Metro 2B plan to be placed before cabinet
The state urban development department will soon move a proposal before the cabinet to seek approval for the Metro 2B project that will connect DN Nagar to Mankhurd via Bandra.

3 minors rescued from flesh trade
A 24-year-old woman and three minor girls, who had been forced into prostitution, were rescued in raids carried out by the social service branch of the city police on two places in the western suburbs on Thursday.

BMC, CR to decide on Plan B for SoBo bridge in 4 weeks
HC Asks Rlys To Fence Off Tracks To Curb Accidents

More Mumbai News»

Cops probe 'murder' in Faridabad journo death
The mystery over the death of journalist Pooja Tiwari deepened on Friday with the police arresting her friend Amit Vashishtha for abetment to suicide.

Varsity wants to talk, says don't invite outsiders
In a fresh appeal on Friday, the JNU administration urged the teachers’ association and student’s groups to “avoid direct or indirect coercive measures and come forward for dialogue and discussion”.

Armed men rob R K Puram trader of Rs 4 lakh, shoot at staff
Robbers attacked a businessman with a pistol butt, shot at his employee and fled with his bag containing Rs 4 lakh at a market in R K Puram on Thursday night.

More Delhi News»

ICSE 2nd ranker prefers pure science to engg or medicine

Bengaluru boy scores second highest in class X ICSE exam
City boy Sudarshan R from Chinmaya Vidyalaya has secured the second highest marks of 495 out of 500 (99% ) in the Class X Indian Certificate of Secondary Education Examination, whose results were announced on Friday.

Metro changing the way we commute
Chandrashekar Karri, an IT professional who lives near Old Airport Road and works in Rajajinagar industrial area, had been spending four hours every day in traffic.

More Bangalore News»

SRDP has been designed to fail !

Rain-hit city picks up pieces
The city woke up to uprooted trees, snapped power lines and flooded streets, after torrential rains triggered by a cyclonic circulation lashed the city before dawn on Friday.

After heat, rain pounds city
Heavy rainfall, triggered by a cyclonic circulation, pounded the city early on Friday uprooting trees, snapping power lines and flooding streets.

More Hyderabad News»

Have a novel idea? Here's a platform

Just 9 students from Tamil Nadu board schools make it to IIT in 2015
The performance of Tamil Nadu students in national competitive examination has been abysmal in the last five years - and a common national-level entrance test would likely lock out the vast majority of Tamil Nadu students from medical colleges within the state.

Loco-pilot to face action for Pattabiram accident

More Chennai News»

Post Patel agitation, not riots but repercussions scare cops most!
Having learnt tough lessons handling the Patidar agitation wherein cops were widely targeted for alleged excesses, state police have decided to overhaul riot control and law and order maintenance mechanisms on top priority.

BJP captures power in Gandhinagar as Congress corporator defects
History repeated on Friday when BJP came to power in Gandhinagar Municipal Corporation (GMC) following the defection of a Congress corporator, Pravin Patel.The saffron party appointed Patel the mayor of the state capital.

Gujarat chief minister inaugurates recreation park in Bharuch

More Ahmedabad News»

'Panic button' on AU campus
To curb eve-teasing on the campus, Allahabad University would install a panic button at various locations.

Mobile thief held in Civil Lines
A mobile thief identified as Israr Ahmad, a resident of old city, was arrested from Civil Lines crossing on Friday.

Mission Indradhanush to cover 7,600 kids
Saturday marks the beginning of the second phase of a special immunization campaign in the district. Meant for kids upto two years of age, the campaign targets fatal diseases like diphtheria, whooping cough, tetanus, childhood tuberculosis, measles and Hepatitis B.

More Allahabad News»

Odisha girl's US dream seems a far cry
Anupama Santosh Kar, a girl who hails from Ganjam district and lives in Gujarat since her birth, is uncertain whether she can pursue her aerospace engineering course in the US, thanks to fund crunch.

Impasse over chit fund scam continues in Odisha Assembly
Bhubaneswar, May 6 () Odisha Assembly could transact business for barely two-and-half minutes today as the impasse over the chit fund scam continued with opposition Congress and BJP demanding resignation of Chief Minister Naveen Patnaik over the issue.

Farmers pour milk on road demanding proper price for milk
Milk producers on Friday poured around 200 liters of milk in front of the state assembly here as a mark of protest against the state government for allegedly reducing milk procurement through its company Omfed, resulting in huge loss for farmers.

More Bhubaneswar News»

Tragedy can't stop tsunami of faith in Kumbh

Billabong's Vanshika tops in city
of Billabong High International School secured first position in Bhopal with 97.6% aggregate.Second and third positions have been grabbed by students of Sanskar Valley School, Bhopal.

In jail for 2 yrs, Vyapam accused Saxena gets bail
Saxena contested assembly election from Bhopal South seat on Congress ticket in 2013.Saxena, who was in jail since May 12, 2014, will come out of prison on May 9.

More Bhopal News»

AAP member accused of inflating her poll expenses
The accusation against Gomar, who contested from the Hoshiarpur Lok Sabha constituency, has been picked up by the Shiromani Akali Dal.

Parties in Punjab prepare social media war rooms
Rejig of the party's social media team began alongside its new organizational structure last year and currently, it has at least 100 active members.

100-seat claim: Capt mocks Kejri
Arvind Kejriwal for pasting posters across the state claiming that the party was winning 100 seats.

More Chandigarh News»

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Cherry Juice as Good as Pills for Lowering Blood Pressure: New Study ; Parashurama – The 6th Avatar of Lord Vishnu

RemedySpot.com:

Cherries are amazing to eat and what would be a ‘cherry on the cake’ is if they could also prove healthy. And they are! A new research has found that drinking tart Montmorency cherry juice can lower high blood pressure maybe even eliminate the need for pills.
 
IndiaDivine.org:

If there ever was any an aggressive incarnation of Lord Vishnu then it has to be that of Parashurama. He is considered as the 6th of the dasavatara or incarnations of Vishnu to have appeared on earth. Normally according to the Vedas the class of Brahmanas (priests) and Kshatriyas (warriors) are distinct. But Parashurama took up fighting to avenge his father’s death despite being born as a brahmana.
 
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Nifty may touch 9,000 by year-end; five sectors to bet on

THE ECONOMIC TIMES
Fri, May 06, 2016 | 08:03 AM IST

ET Investment Opportunities

Nifty may touch 9,000 by year-end; five sectors to bet on

With earnings showing signs of recovery, analysts believe if there is no negativity from global markets, Nifty50 may retrace its lifetime high by 2016-end.

Buy stocks on dips, earnings showing signs of recovery, equity can grow 20%

The domestic equity market has made a nervous start to May with the benchmark indices losing up to 2 per cent of their values in the first three sessions.

After multi-bagger returns over 5 years, auto ancillaries slip; should you buy?

Auto ancillary stocks, companies that supply equipment to automakers, have slipped up to 27%. But, that's not deterring experts from going bullish on them.

Five stock ideas to swim through the May consolidation phase in market

After BoJ played party pooper on D-St, experts believe not much steam is left in the market. Earnings season is the biggest trigger for the market now.

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Small savings rate cut: Should you close your PPF account?

The PPF rate is down and could dip further as interest rates are cut. If your account is about to complete 15 years, here's what you should know.

Market down, but not out: Veterans say Dalal Street to see a new bull run soon

While the domestic equity market has entered a new consolidation phase after a bounce through March and April, Dalal Street veterans continue to sound bullish.

Gold at $1,300: Central bank actions, dollar move to determine where it goes from here

The bullion market is pleasantly surprised. After some consolidation in the mid-$1,200 levels, gold prices have zoomed to test $1,300 an ounce level.

5 compelling reasons to buy stocks now even though market is volatile

Amid global uncertainty, Indian stock market is emerging as a beacon of hope. Here are five factors that experts believe make it the best time to bet on India.

NBFC stocks make merry on D-Street, six stocks to look at from this space

Prediction of an above-normal monsoon has also spurred NBFC stocks with investors running to initiate long positions to make the most out of the euphoria.

Are long-term systematic investment plans risk free?

SIP helps to bring down the average purchase cost. This is because the monthly instalment is already fixed and therefore, it will fetch you more number of units when the price is low.

Initial Public Offer (IPOs)
IPO Name Offer Price Band Open Date Close Date
 
Parag Milk Foods Ltd. 220.00 - 227.00 04-05-2016 06-05-2016
Darshan Orna Ltd. 60.00 02-05-2016 11-05-2016
Sagardeep Alloys Ltd. 20.00 04-05-2016 09-05-2016
More >>
NFO (FMPs)
Fund Name Category Type Open Close Min Inv
 
UTI Fixed Term Income Sr XXIV-XII (1099D) Reg-D Debt: FMP Closed-end 25 Apr 2016 09 May 2016 5,000
UTI Fixed Term Income Sr XXIV-XII (1099D) Reg-DQ Debt: FMP Closed-end 25 Apr 2016 09 May 2016 5,000
UTI Fixed Term Income Sr XXIV-XII (1099D) Reg-G Debt: FMP Closed-end 25 Apr 2016 09 May 2016 5,000
UTI Fixed Term Income Sr XXIV-XII (1099D) Direct-G Debt: FMP Closed-end 25 Apr 2016 09 May 2016 5,000
UTI Fixed Term Income Sr XXIV-XII (1099D) Reg-DY Debt: FMP Closed-end 25 Apr 2016 09 May 2016 5,000
More >>
Real Estate News
Home sales increase 6% in India's top eight cities during January-March: Liases Foras
Sales of apartments costing Rs 1-2 crore were down 9% while those of apartments costing more than Rs 2 crore were down 4% during the quarter.
Realty prices go north along metro corridor in Bengaluru
Areas such as Vijayanagar and Nagarabhavi have seen residential prices almost double during the run-up to the metro line's inauguration.
Delhi-NCR has highest unsold housing inventory: Assocham
NCR has an estimated unsold inventory of 250,000 housing units, which is approximately 35% of the units under construction.
CCI rejects complaint against Housing.com, 4 other portals
CCI has dismissed allegations that five real estate websites, including Housing.com and Magicbricks.com, abused their dominant position by putting in place 'no brokerage policy' for realty deals.
Real Estate Bill is an act now, may protect home buyers
The act seeks to protect the rights of home buyers, mandates registration of projects, including those that have not got completion or occupancy certificates.
NFO - Non FMPs
Fund Name Category Type Open Close Min Inv
 
ICICI Pru India Recovery Sr 5 Direct-D Equity: Mid Cap Closed-end 25 Apr 2016 09 May 2016 5,000
ICICI Pru India Recovery Sr 5 Direct-G Equity: Mid Cap Closed-end 25 Apr 2016 09 May 2016 5,000
ICICI Pru India Recovery Sr 5-G Equity: Mid Cap Closed-end 25 Apr 2016 09 May 2016 5,000
ICICI Pru India Recovery Sr 5-D Equity: Mid Cap Closed-end 25 Apr 2016 09 May 2016 5,000
HDFC Dual Advantage Sr II 1111D Apr 2016 Reg-G Hybrid: Debt-oriented Conservative Closed-end 26 Apr 2016 10 May 2016 5,000
More >>
Views and Recommendations
Buy United Spirits with a target of Rs 2620: Mitesh Thacker
05 May, 2016, 01:03 PM IST
The stock has slipped 15 per cent so far in the calendar year 2016. The stock is looking bearish on the charts.
buy
Sell LIC Housing Finance with a target of Rs 432: Mitesh Thacker
05 May, 2016, 01:02 PM IST
The stock has slipped 12.5 per cent so far in the calendar year 2016. The stock is looking bearish on the charts.
sell
Sell DHFL with a target of Rs 180: Mitesh Thacker
05 May, 2016, 01:01 PM IST
The stock has fallen 4 per cent so far in the calendar year 2016. The stock is looking bullish on the charts.
sell
Buy Dabur India with a target of Rs 298: Mitesh Thacker
05 May, 2016, 01:01 PM IST
The stock has gained 3.72 per cent so far in the calendar year 2016. The stock is looking bullish on the charts.
buy
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