News Digest: MPs draw Hamid Ansari's ire for Rajya Sabha washout

		THE TIMES OF INDIA
		Saturday, December 17, 2016
		Today's Headlines

		India
		MPs draw Hamid Ansari's ire for Rajya Sabha washout Almost the entire session was washed out because of the strife over demonetisation.The House passed only one bill . 3 St Stephen's students drown in Kerala river Three students of St Stephen's College drowned in the Periyar river on Friday evening while the owner of the resort they were staying in lost his life trying to save them. The tragedy occurred at Paniyeli Poru, a picnic spot around 40km from Kochi. No 'postmortem' of businesses going digital in wake of demonetisation, says PM Narendra Modi There will be no “postmortem“ of businesses that go digital in the wake of the November 8 demonetisation decision as the government would like to encourage people to “join the mainstream“, PM Modi said on Friday . More India News»

		Business
		Government to link all savings accounts to Aadhaar In a major move that will give an impetus to the cashless drive at the ground level, the Centre has decided to link all savings bank accounts with the Aadhaar number for enabling digital transactions, especially at retail points. India Inc disappointed over Parliament logjam ASSOCHAM on Friday expressed a huge sense of disappointment over washout of the winter session of Parliament, stating India may have to pay a big opportunity cost for failure to get crucial legislations passed by the law makers. Sensex logs biggest weekly fall in a month Sandwiched in a tight range, the Sensex closed down for the third day as prospects of more US interest rate hikes next year continue to keep investors on edge. For the week, the Sensex lost 257.62 points, or 0.96 per cent, and the NSE Nifty 122.30 points, or 1.48 per cent. More Business News»

		Environment
		Beijing effects 'odd-even' to fight heavy smog According to the transportation administration commission, the "odd-even" car restriction system determined by the final digit of a vehicle's license plate is being implemented from Friday night while additional public transportation will be arranged with more buses running for longer. China drills Tibet glaciers for climate change research Under the project led by Yao Tandong, an academician with the Qinghai-Tibet Plateau Institute of the Chinese Academy of Sciences, it took the team 40 days to collect the ice samples from the top of the Dund Glacier. Glee to gloom: Climate and the 'Trump effect' When the world celebrated the signing of the landmark Paris climate pact last December, it was hard to imagine that only a year later it might face an existential threat.A Trump administration hostile or simply indifferent, to climate change action could dim the odds of preventing dangerous warming. More Environment News»

		World
		Syrians' blood on hands of Assad, Russia and Iran: Obama President Barack Obama declared on Friday that Bashar al-Assad's Syrian regime, Iran and Russia are responsible for the carnage in Aleppo and argued there was nothing Washington could have done to stop the war, short of a military takeover of Syria. Jihadists' return from frontline a major threat: US The IS group may be on the defensive in Syria and Iraq, but it now has thousands of foreign volunteer fighters who, once home again, will pose a major threat, experts warn. Germany plans tougher measures against hate speech Top officials in Germany's ruling coalition said on Friday they planned legislation to crack down on "hate speech" and fake news on Facebook and other social media platforms, and impose stiff penalties if such messages were not quickly removed. More World News»

		Entertainment
		Kangana has some fashion advice for Deepika Kangana Ranaut and Deepika Padukone aren’t exactly the best of friends. The two, who are touted as the top actresses of Bollywood today, are said to have a cold war of sorts. So it was a pleasant surprise when the ‘Queen’ actress recently came out in support of Deepika. Must see! Anushka-Katrina's throwback pic While catfights and cold wars between actresses is commonplace, we do have certain leading ladies who can move past these and forge friendships. Movie Review: Collateral Beauty ‘Collateral Beauty’ is a tearjerker heavy on emotions. More Entertainment News»

		Science
		China opens 1st fully-owned satellite ground station The facility, located in Sweden about 200 kms north of the Arctic Circle, would allow China to collect satellite data anywhere on Earth at speeds that were more than twice as fast as before, said the Chinese Academy of Sciences, the academic governing body that built and runs the station. Scientists develop new method to double number of known black holes Researchers from the University of Waterloo in Canada came up with the method that has implications for the emerging field of gravitational wave astronomy and the way in which we search for black holes and other dark objects in space. Rise in breast cancer gene testing after Angelina Jolie's NYT writeup, but... Do celebrity endorsements for health-related matters work? They create an awareness don’t always get the desired results, said a study published in the Christmas edition of The BMJ. More Science News»

		Sports
		India beat Australia to enter Junior Hockey World Cup final India colts beat formidable Australia in the second semi-final to enter final of the 2016 Junior Hockey World Cup at the Major Dhyan Chand Hockey Stadium in Lucknow on Friday. BWF Finals: PV Sindhu beats Marin to enter semi-finals Olympic silver medalists PV Sindhu took revenge of her Rio Games final lost, when she defeated world number 2 Carolina Marin in straight games in her final group B match of the prestigious BWF World Super Series Finals. 5th Test, Day 1: Moeen Ali leads England to 284/4 A solid 146-run stand for the third wicket between Joe Root and Moeen Ali on day one of the fifth Test allowed the visitors build on the luck Cook enjoyed at the toss as England opted to bat first and finished day one with 284 for four on the board. More Sports News»

		Technology
		Cyrus Mistry removed as director from Tata Teleservices Board Mistry said in a letter to the board last month that the business was "continuously haemorrhaging" and had even questioned the alliance in his statements to the group. Yahoo hit by world's biggest hacking attack Yahoo has warned that it had uncovered yet another massive cyberattack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history. Wipro creates independent India unit Effective April, the India and Middle East unit will be reorganized into two separate businesses, signalling the increasing opportunities in the domestic market as the government embarks on large-scale digital transformation projects. More Technology News»

		Education
		NEET super specialty exam to be held on June 10, 2017 "The examination being conducted by the National Board of Examinations, shall be held as a computer-based test and shall comprise of 200 multiple choice questions from the MD/MS curriculum followed at medical colleges in India duly prescribed /adopted by Medical Council of India with prior approval of the Health Ministry," said the statement. Prakash Javadekar confident X Boards will be reintroduced from 2017-18 "This month there will be a CBSE Board meeting, in which there will be a resolution (for compulsory class X board exams). So, I am very sure from academic session 2017-18, Board examination will be mandatory for all students," Javadekar told PTI. Bihar CM writes to Sushma Swaraj, asks Centre to maintain autonomy of Nalanda University ​Hurt over George Yeo’s recent resignation as Nalanda University’s chancellor, Bihar CM Nitish Kumar has written a strong-worded letter to the external affairs minister Sushma Swaraj, urging the NDA Government not to tamper with the essence behind the ‘idea of Nalanda’. More Education News»

		Mumbai
		Poll violation: HC refuses to stay probe against minister Einstein institute chief bullish on study of gravitational waves with Indian help Scientists tracking the development of a gravitational wave detecting observatory in India, the fifth such in the world, said that it will be the most sensitive station. Deemed university fees may now be regulated More Mumbai News»

		Delhi
		MMS scandal: SC quashes case against web manager 'Govt misused powers to allot bungalow' Disabled rejoice House nod, activists rue flaws More Delhi News»

		Bangalore
		Three air ambulances take off to cater to the critically ill In case of a medical emergency, the golden hour is crucial, for it spans the moments between life and death. On Friday, a fleet of three medically configured helicopters was launched to offer a smooth ride to patients in need of immediate medical care. Each helicopter can accommodate two pilots, three paramedics, one stretcher and advanced life support medical equipment. After slitting delivery boy's throat, he gifted stolen mobile to friend CID will look into, not probe, Meti sex tape More Bangalore News»

		Hyderabad
		Online fraud victim thrashes bank manager According to police, two days ago, Salim received a call from a person, who introduced himself as SBH manager and asked his account details. Traffic curbs at Ameerpet to continue till Decemeber 21 Bala Devi continues to be critical Bala Devi, the 34-year-old who was greviously injured in an accident at Mithila Nagar last week, continues to be critical. Attending doctors said that her neurological health is deteriorating further. More Hyderabad News»

		Chennai
		Uprooted trees on roads hold back 108 ambulances by 45 minutes Sasikalaa for general secretary: AIADMK MP moves HC Jayalalithaa's 'rebirth' statement under legal scrutiny for signature More Chennai News»

		Ahmedabad
		Man dies after being hit by car A 40 year old man, Brijesh Shah, died after being hit by a speeding car near Jay Mangal bus stand in Naranpura on Friday morning. Shah was crossing the road to go to a bank to deposit money when the accident took place. 2kg tumour removed from 3-month-old boy Narrow escape for 30 kids as school bus catches fire Thirty students of Class 1 to 8 had a narrow escape when their school bus suddenly caught fire near the government dispensary in Sabarmati at about 9 am on Friday. More Ahmedabad News»

		Allahabad
		Property dispute: Elderly farmer beaten to death in Ghoorpur Note ban no deterrent for Kalpwasis Impact of note ban on economy discussed More Allahabad News»

		Bhubaneswar
		Nayagarh police streamline auto-rickshaw mobility Nayagarh district police on Friday started a drive to streamline auto-rickshaw mobility in the town. In the first phase, at least 85 auto-rickshaw drivers were given uniforms and identity cards in Nayagarh Town. Demand for Mayor's scalp grows shriller in sex scandal The alleged sex video scandal, surrounding BJD leader and city mayor Ananta Narayan Jena raised the political temperature in the state with opposition Congress and BJP hitting the streets here on Friday, baying for his blood. Nalco and NTPC ink MoU to set up power plant in Odisha Central PSUs-- National Aluminium Company Limited (Nalco) and NTPC Limited signed a MoU in New Delhi on Friday to set up a 2400 MW (8x300 MW) power plant at Gajmara in Dhenkanal district. More Bhubaneswar News»

		Bhopal
		BJP brass urges Madhya Pradesh unit to back Uma Bharti in defamation case BJP central leadership has taken a tough stand on Union minister Uma Bharti's plight fighting a 13-year-old defamation suit against AICC general secretary Digvijaya Singh 'alone' in law courts here. Slow net, a spoiler in switch to plastic money in rural MP Post-demonetisation, poor net connectivity continues to be a major issue especially in rural MP where the net connectivity is lowest in the state. Notebandi has affected rural areas the most. Six months back, the census data revealed only 11.2% net connectivity in rural MP as against 44% of national average. Two gangs of chain-snatchers busted, five land in police net Police on Friday busted two gangs of chain-snatchers with the arrest of their five members. Five gold chains and three bikes were also recovered from their possession. However, a few gang members are still on the run. More Bhopal News»

		Chandigarh
		AJL plot allotment: Haryana CM says case transferred to CBI In yet another move targeted to nail ex CM Bhupinder Hooda as well as the senior leaders of the Congress Party, the Haryana government has decided to transfer the investigations of case registered into the re-allotment of 3360 square meter Institutional plot to Associate Journal Limited (AJL) to Central Bureau of Investigations for the complete and indepth probe. Refreshment blues for budding boxers When it comes to being consistently negligent, Chandigarh education department's sports wing tops the chart. Punjab Cabinet gives sanction to creating 1,650 jobs in govt In what was likely the last Punjab cabinet meeting before the model code of conduct is enforced in the state, the Parkash Singh Badal government on Thursday sought to create more jobs including 1,400 in police and 250 in health departments. More Chandigarh News»

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Quiet performers: 10 fastest wealth creators of Dalal Street in last 5 years

THE ECONOMIC TIMES Fri, Dec 16, 2016 | 06:33 AM IST ET Investment Opportunities

NOT TO MISS #Stocks In News,#Recos,#Expert Views,#IPOs,#Commodities

Quiet performers: 10 fastest wealth creators of Dalal Street in last 5 years Under a sound management, these firms were able to clock scorching pace of earnings growth. This also drove up valuations. Sumo wrestlers of stock market: The six costly stocks that rose up to 95,000% over past 15 yrs There are at least 6 stocks that quote at over Rs 10,000 per share in the BSE universe, which have generated handsome returns for investors over past years. 150 stocks earned multibagger tags in '16; Will 2017 be different? The market has always tracked macro events and there will be no dearth of the same next year with Germany, France and the Netherlands going for elections. 20 Bahubalis of D-Street: Look who took over in '16 replacing the likes of Wipro, HCL Tech ​Wipro, which was placed at the 14th spot, is no more among the top 20 firms by market value. The stock has seen its market-cap plunge 19% to Rs 1.11L cr.​

Advertorial Now start investing in mutual funds within 2 mins on mobile with ET MONEY Switch to smart investing with India's only mobile app that helps you pick the best funds and instantly invest. Advertorial The Badarpur Plant's effect on Air Pollution and why it needs to be shut down The study, which analyzed 47 plants over 16 states, established the Badarpur plant as the country's most polluting power plant.

Top 20 'dog stocks' of 2016, which are worth a look in volatile times From the S&P BSE500 index, about 230 stocks fell into the 'dog stocks' category in 2016. They could turn out to be value buys in 2017 as well. Looking for Mr Perfect on Dalal Street? Look at these two consistent performers With a 31% rise in 2016, shares of Eicher Motors had wheels instead of legs. Maruti's 11.50% rise year-to-date is despite the recent demonetisation move. 10 stocks that gave double-digit returns despite up to 560% YoY fall in Q2 profit The last quarter was a mixed bag for India Inc with some firms meeting market expectations, others posted earnings below or above market expectations. Fallen angels offer opportunity! CLSA's five top stock ideas for calendar 2017 CLSA believes the slowdown due to demonetisation is unlikely to last materially beyond March, and the stocks which have fallen offer good buying opportunities.

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What's in a name? Six BSE500 stocks lost up to 21% after being renamed Data showed out of the 10 companies from the BSE500 pack, which were renamed during the year, six stocks ended up giving negative returns. Take your money global to beat market blues; 5 funds that rose up to 58% in a year Funds of funds – also known as global funds, overseas funds and international funds – mostly invest in mutual funds with exposure to other countries.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Fund - Series XXV - XII (1198 Days) Direct-DY Debt: FMP Closed-end 09 Dec 2016 23 Dec 2016 5,000 UTI Fixed Term Income Fund - Series XXV - XII (1198 Days) Direct-Flexi D Debt: FMP Closed-end 09 Dec 2016 23 Dec 2016 5,000 UTI Fixed Term Income Fund - Series XXV - XII (1198 Days) Direct-DQ Debt: FMP Closed-end 09 Dec 2016 23 Dec 2016 5,000 UTI Fixed Term Income Fund - Series XXV - XII (1198 Days) Direct-G Debt: FMP Closed-end 09 Dec 2016 23 Dec 2016 5,000 UTI Fixed Term Income Fund - Series XXV - XII (1198 Days) Direct-D Debt: FMP Closed-end 09 Dec 2016 23 Dec 2016 5,000 More >>

Real Estate News

Will demonetisation reduce demand for rented properties? With buying becoming an attractive option, those having a second house may find it difficult to find a tenant or may earn lower rentals.

Activists say Maharashtra's RERA draft rules favour developers This is one among several controversial clauses in Maharashtra's draft Real Estate (Regulation & Development) Act 2016 (RERA) rules notified last week.

Akrama Sakrama law problematic for many reasons The law discriminates against law-abiding citizens and amnesty schemes tend to repeat themselves from time to time in favour of the violator.

DLF may split 40% stake sale in commercial property arm between GIC & Blackstone ​​The promoters are expected to infuse capital into India's largest real estate developer, to ease DLF's debt burden, by purchasing shares in a preferential issue with funds raised from the sale of their stake in DLF Cyber City Developers.

Office realty in demand, but home sales fall Some of the markets where rentals have moved up include Cyber City and Golf Road Extension in Gurgaon, Outer Ring Road and Whitefield in Bengaluru, Taramani in Chennai, Goregaon and Lower Parel in Mumbai, Kharadi in Pune and Hi-Tech City in Hyderabad.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Reg-G Equity: Tax Planning Closed-end 27 Sep 2016 20 Mar 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Reg-D Equity: Tax Planning Closed-end 27 Sep 2016 20 Mar 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct-D Equity: Tax Planning Closed-end 27 Sep 2016 20 Mar 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct-G Equity: Tax Planning Closed-end 27 Sep 2016 20 Mar 2017 500 UTI Long Term Advantage Fund - Series IV Reg-D Equity: Tax Planning Closed-end 10 Oct 2016 18 Jan 2017 500 More >>

Views and Recommendations

Buy Rain Industries, target Rs 59 : Mazhar Mohammad 15 December, 2016, 08:49 AM IST Buy Rain Industries Ltd. at a price target of Rs 59 and a stop loss at Rs 52 from entry point buy Sell LIC Housing Finance, target Rs 520 : Pritesh Mehta 15 December, 2016, 12:15 PM IST Sell LIC Housing Finance Ltd. at a price target of Rs 520 and a stop loss at Rs 560 from entry point sell Sell Vedanta, target Rs 219 : Pritesh Mehta 15 December, 2016, 12:17 PM IST Sell Vedanta Ltd. at a price target of Rs 219 and a stop loss at Rs 242 from entry point sell Buy Rain Industries, target Rs 59 : Mazhar Mohammad 15 December, 2016, 12:23 PM IST Buy Rain Industries Ltd. at a price target of Rs 59 and a stop loss at Rs 52 from entry point buy

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