News Digest: Makers, hospitals conspire to fleece stent recipients

		THE TIMES OF INDIA
		Saturday, February 18, 2017
		Today's Headlines

		India
		Makers, hospitals conspire to fleece stent recipients Regulator: Search for, seize stashed stents As pulses go below MSP, govt sets up 300 procurement centres More India News»

		Business
		Will focus on expanding into banking this year: Paytm Paytm founder Vijay Shekhar Sharma on Friday said the company will focus on expanding its operations in banking. Sharma said the Paytm Payments Bank will become operative next week. Talking about expanding customer base, he said by 2020 the company targets to reach a customer base of 500 million. Infosys row: Sebi says will not spare anyone if found guilty Amid the IT giant Infosys coming under the scanner for alleged corporate governance malpractices, Sebi chairman on Friday said the regulator will not spare any violations irrespective of whether the entity found guilty is big or small. Notes ban to have positive impact on economy: Report The demonetisation move has led to widespread adoption of online payment and is expected to have a positive long term impact on the economy, according to a report. Combining demonetisation with Digital India and Pradhan Mantri Jan Dhan Yojana will ensure transparency in financial transactions. More Business News»

		Environment
		World's oldest seabird hatches new chick at Midway Atoll Ganga pollution: NGT mulls CBI inquiry Pollution caused over one million premature births in India Expectant mothers breathing polluted air resulted in premature birth of over one million babies in India in 2010, highest in the world and twice the numbers for China, a study claimed on Thursday. More Environment News»

		World
		Indonesian accused of Kim Jong-Nam's murder 'duped': Officials An Indonesian woman arrested over the assassination of the North Korean leader's half-brother was "duped" into believing that she was taking part in a TV prank show, officials said on Friday. IS kills 17 Afghan Army soldiers in east: Official The Islamic State group launched an attack on Afghan security posts killing 17 soldiers on Friday. Ahmad Ali Hazrat, chief of the provincial council in the province, said the attack last night took place in the Dih Bala district in eastern Nangarhar province. Migration isn't a danger, it's a challenge for growth, says Pope Pope Francis, who was reunited on Friday with one of the Syrian refugees he brought home with him from Lesbos, Greece, said migrants don't pose a danger to Europe's culture but rather a challenge for societies to grow. More World News»

		Entertainment
		Deepika Padukone or Blake Lively: Who rocked the floral dress? Shahid Kapoor: Difficult to say if I picked up anything from Saif or Kangana, I was focusing on Vishal Bhardwaj ‘Rangoon’ is a love story, set against the backdrop of World War II, and Shahid is playing an army serviceman, dressed in uniform and often roughing it out in difficult situations. Abhishek Bachchan's flashback Friday picture with wife Aishwarya is endearing! In his latest post on Instagram, Abhishek shared a flashback Friday picture with Aishwarya Rai Bachchan from the sets of ‘Raavan’. More Entertainment News»

		Science
		Nasa's Dawn spacecraft finds organic material on dwarf planet Ceres First Indian genomics beacon launched in UK Global Gene Corp and Global Alliance for Genomics and Health (GA4GH) on February 14 launched ggINDIA, the first ever beacon for Indian genomics data. Mice genetically modified to stop cocaine addiction Mice have been genetically engineered to prevent them from becoming addicted to cocaine. Researchers in Canada created mice that produce higher levels of a protein that normally strengthens the connections between brain cells. More Science News»

		Sports
		IPL 2017 Auction: Will domestic performers hit the jackpot? Ahead of the IPL 2017 auctions, TOI Sports looks at the top performers in the Indian domestic T20 competition who might hit the jackot on February 20. Love your dreams, live your dreams: Virat Kohli to athletes India skipper Virat Kohli suggested country's athletes to have a firm belief in their dreams and work tirelessly to achieve those. Sania slams media for focusing on tax notice and not her game "Standing ovation to our amazing certain sections of media who haven't bothered to write or report about me being in another semi finals of a tournament in Qatar, but heyyy there are 100 articles about 'tax evasion' which most of them don't even understand properly," Sania tweeted on Friday. More Sports News»

		Technology
		Facebook says legal challenge against US data transfer is 'deeply flawed' Facebook said on Thursday a legal challenge against the way it transfers EU user data to the United States was "deeply flawed" and should not be referred to the EU's top court because ample privacy protections were already in place. Apple at the top of Fortune's list of most admired companies Others in the top ten include Berkshire Hathaway, Disney, Alphabet, General Electric, Southwest Airlines, Facebook and Microsoft. Facebook CEO wants users to 'define' objectionable content Already facing flak for its censorship policies, Facebook now wants its users to define what is "objectionable", eventually empowering them to decide how much nudity and violence they are comfortable seeing, CEO Mark Zuckerberg said in a post. More Technology News»

		Education
		By next year, centralised admissions for nursery US university receives $1.5 million grant for Jainism studies An Indian-origin philanthropist in the US has made a grant of $1.5 million to a prestigious American University to advance studies in Jainism. University of South Florida extends deadline for masters and PhD program In response to recent concerns among international students planning to study in the US, the University of South Florida (USF) in Tampa has extended its deadline for applications to masters and PhD programs for fall 2017 from February 15 to June 1, 2017. More Education News»

		Mumbai
		32-year-old car cleaner gets life term for murdering sr citizen in Versova A 32-year-old working as a car cleaner in a posh Versova building was sentenced to life imprisonment on Friday for murdering a senior citizen resident in 2014. Regulator to probe bills, ensure patients gain from lower prices With reports of hospitals see king to beat the price cap on stents by shifting charges under other heads, the National Pharmaceutical Pricing Authority (NPPA) plans to seek billing data from the insurance regulator and insurance providers to ensure price reductions are passed on to patients. Cardiac packages may get dearer after stent price cut The crackdown on hospitals for overpricing stents has broadened into a multi-agency exercise with state-level drug controllers being roped in to check inventories.There are also plans to send in decoy patients and keep an eye on hospital billing data through insurers to ensure compliance. More Mumbai News»

		Delhi
		Wasted Years. Is This Justice? College to jail: How cops stole 12 years of his youth Delhi police image makeover: Women cops to hear complaints at police stations More Delhi News»

		Bangalore
		Aero Show 2017 - Gates wide open for cheering crowds The excitement in the air was palpable at Yelahanka Air Force Station on Friday, with Aero India opening its gates to the general public on the last two days. 61-year-old woman disabled since 16 months after knee surgery A 73-year-old man and resident of MES Road, Bahubali Nagar, Jalahalli, north Bengaluru A Wild tusker caught in Bengaluru Rural district One hundred forest department employees, twelve veterinarians and five trained elephants with their mahouts, camping in the forests off Nelamangala in Bengaluru Rural district, More Bangalore News»

		Hyderabad
		Widening of road in tiger habitats on the table of AP Wildlife Board Dornala And Atmakur Road May Be Doubled Crackdown on LPG refill units: 48 cylinders seized by cops Begum Bazaar raises a stink, traders want swift removal of garbage dump More Hyderabad News»

		Chennai
		Rahul directs Tamil Nadu Congress MLAs to vote against trust motion Ex-VC of TN medical university to face trial in corruption case A former vice-chancellor of the state medical university has to face corruption trial for his habit of booking business class tickets for foreign travel, cancelling them to travel in economy class and pocketing the differential sum. Rahul directs TN Cong MLAs to vote against trust motion Ending uncertainty and suspense on his party's stand, AICC vice-president Rahul Gandhi has directed eight TN Congress MLAs to vote against the Edappadi K Palaniswami government during the trust vote in the Tamil Nadu assembly on Saturday. More Chennai News»

		Ahmedabad
		Congress demands judicial inquiry into Naliya scandal Leaders and MLAs of the Gujarat Congress met governor O P Kohli on Friday and demanded action against BJP leaders involved in the Naliya sex scandal. Gift Yagna lasted till 1971 in Gujarat When the Bhoodan and Gramdan movements began in 1951, it was considered an unparalleled human endeavour to establish a non-violent economy and help rejuvenate the Indian society. High alert in Gujarat after reports of possible intrusion by Pakistani nationals A state-wide alert has been sounded after central intelligence agencies issued a warning about possible intrusion (into India via Gujarat) by Pakistani nationals through the sea route. More Ahmedabad News»

		Allahabad
		Akhilesh, Modi joined hands before polls, says Mayawati Mayawati said that 'nephew' (Akhilesh) had already joined hand with ‘uncle' Narendra Modi much before elections during the latter's visit to Saifai to attend the wedding rituals of Mulayam's grandson. Happy to turn UP election into vote on note ban: Amit Shah Amit Shah has aggressively raised the pitch, challenging political opponents to turn the contest for India's largest state into a referendum on demonetisation. BJP bets on man who ended its winning streak in Allahabad The Cong, which Nandi had joined upon his expulsion from BSP and quit only last month, will end up supporting Parvez owing to its alliance with the Samajwadi Party. More Allahabad News»

		Bhubaneswar
		Odisha IAS officer arrested for graft was living a flashy life A day after arresting IAS officer Partha Sarathi Mishra for allegedly possessing unaccounted cash of over Rs 2 lakh, the vigilance sleuths were on Friday left with their eyes wide open when they peeped into his flashy lifestyle and alleged ill-gotten assets worth over Rs 5 crore. Koira mining gets 5-star rating from Union mines ministry The Union ministry of mines has conferred 5-star rating on the Koira iron ore mining of the Essel Mining and Industries Limited (EMIL), a unit of the Aditya Birla Group Company. Radio-heads give Bhubaneswar a peep into airwaves from the past I'd sit alone and watch your light/My only friend through teenage nights/And everything I had to know/I heard it on my radio/You gave them all those old time stars/Through wars of worlds invaded by Mars/You made 'em laugh, you made 'em cry/You made us feel like we could fly./Radio. More Bhubaneswar News»

		Bhopal
		Govt moves in to regulate app-cabs Don't know why Pak pulled out of speakers' meet: Sumitra Mahajan Lok Sabha Speaker Sumitra Mahajan on Thursday refused to comment on Pakistan's decision not to attend the South Asian Speakers’ Summit here on February 18-19. Police remand for key accused in ISI espionage ring Rajiv Tiwari, the 12th accused who was arrested from Satna in connection with alleged ISI-run espionage ring in Madhya Pradesh, was mentor to the key accused, Balram Singh. More Bhopal News»

		Chandigarh
		Poll panel to award best photos from voting day In an effort to promote voter participation and elaborating salient features of the elections through pictorial view, the Election Commission (EC) has decided to award the photographs taken by people on the polling day. Foetus found dumped in Ladhowal Panic gripped Hazuri Bagh colony, Ladhowal, after a male foetus was found at a vacant plot on Thursday. Two women, who were on a morning walk, saw a dog gnawing at the foetus and called up the police. Rs8L robbed from bank in broad daylight More Chandigarh News»

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What tax season blues? 10 funds saved tax & delivered 30% returns too

THE ECONOMIC TIMES Fri, Feb 17, 2017 | 06:33 AM IST ET Investment Opportunities Co-sponsor Associate Sponsors

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

What tax season blues? 10 funds saved tax & delivered 30% returns too  Investors no longer fear equities and they now trust MFs as a safer route to beat inflation and create wealth over time compared with other asset classes. 5 least expensive stocks to own when BSE m-cap is at all-time high Sensex is just 2 per cent away from its 52-week high of 29,077, and little over 1,600 points from its all-time high of 30,024 recorded was back in March 2015. As Indians gear up to splurge, here's where to make money Market watchers believe the dining out culture will grow fast in India. In his blog, Mobius said quick-service restaurants are the name of the game in India. Top dons of D-Street out with Q3 results; check who can fit in your portfolio better The quarter remained special for Tata Steel as the metal major got back to the profit-making mode by posting a consolidated net profit of Rs 231.40 crore.

Advertorial Why term insurance is important to cover all home loan risks It's important to cover home loan liability and not let the burden fall on family members in case of an eventuality. Here's a look at all the major risks and how to cover them effectively. Advertorial How insurance needs change at every life stage There's no doubt that life insurance should be bought as early as possible. But what happens when your responsibilities and liabilities increase?

War of step-brothers: How rally in PSU bank shares made private lenders jealous Since the inception of Nifty Private Bank index in March 2016, the benchmark has risen over 30% compared with a 48% rally seen in Nifty Public Bank index. With D/E ratio of 0.19 & Rs 12,500 crore order book, this stock looks like goldmine The full-year order book swelled to Rs 12,466 crore while orders received during the December quarter 2016 was at a high of Rs 5,628 crore. No major DeMon impact: Global brokerages raise EPS estimates on these five stocks The pain of the cash ban has not reflected much in December quarter earnings, as most firms have reported their results more or less in line with estimates. Market rally in last 3 years was misnomer; bull run possible only in select pockets Analysts say as reforms take time to reflect in economic fundamentals, even if the short-term rally fizzles out, the market's upside may remain intact.

Advertorial Union Budget 2017 - Impact on Real Estate in India For his Budget 2017-18 announcements, Arun Jaitley, the Finance Minister, has been given a big thumbs-up by the Indian real estate sector. Advertorial Why term insurance is a must have for parents Some common avenues that a parent invests in for accumulating wealth include PPF, MFs, shares, gold and real estate.

Top stocks that powered up to 40% surge in largecap funds in last 12 months despite cash ban Among all the schemes from the equity largecap category, the net asset value (NAV) of HDFC Top 200 Fund rose nearly 40 per cent in last one year. Cash ban hit Jhunjhunwala holdings hard, but Big Bull comes out unfazed The combined stake of Jhunjhunwala and his wife in Titan Company rose to 8.47% in December quarter, compared with 8.13 per cent in the September quarter. Rs 7 lakh in this stock for 7 years could have made you crorepati One such miss is Granules India. An initial investment of around Rs 7 lakh (Rs 6,88,550) in the stock seven years ago could have made you a crorepati by now. Unitech, DLF made you cry? But realty isn't that bad; 7 stocks generate up to 421% return With FM Arun Jaitley batting for affordable housing, the sector is all set to get a lease of life, and the performing stocks may continue to do well. RBI holds rates: 10 rate-sensitive stocks that can deliver over 12 months The MPC decided to change the stance from accommodative to neutral while keeping the policy rate on hold to assess the effects of cash ban on inflation. Govt looking to include PSU banks in future CPSE ETFs The new CPSE ETF is likely to include public sector banks that have relatively better asset quality, a source told ET Now. With 8,811% returns in 3 years, this lesser-known Indian stock is Asia's star The Mumbai-listed trader of recycled paper transformed from an obscure Indian penny stock into one of the nation's top 300 firms by market capitalisation. Infosys founders raise concerns over governance: Should investors be worried? Investors with a long term horizon may want to stay invested in the tech giant given the sound management practices and agility of the business model. Despite cash squeeze, middle class is splurging; 5 stocks to make bet on it The first evidence comes from car sales data. Even the quick service restaurants next door bear testimony to a spurt in aspirational consumption. Budget has just changed the balance for your portfolio to chase crorepati dream Investors in the age bracket of 40-50 can put around 60% of their funds in equity and real estate. Those who are close to retirement can put 20-25% in equities Bet on Desi theme! 50% of CLSA's India portfolio is focused on domestic demand There was a need to promote housing, and with it generate activity in the construction sector given its potential to generate jobs, said the note. The big story for market is not RBI's status quo on rate, it's something else The big story is the change in stance by the RBI from accommodative to neutral – which in simple words means we mean the rate cut cycle may be over for now.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Global Education Ltd. 140.00 - 150.00 16-02-2017 21-02-2017 Tanvi Foods (India) Ltd. 60.00 17-02-2017 22-02-2017 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   ICICI Pru FMP - Series 80 1170 Days Plan I-D Debt: FMP Closed-end 09 Feb 2017 17 Feb 2017 5,000 ICICI Pru FMP - Series 80 1170 Days Plan I-G Debt: FMP Closed-end 09 Feb 2017 17 Feb 2017 5,000 ICICI Pru FMP - Series 80 1170 Days Plan I Direct-D Debt: FMP Closed-end 09 Feb 2017 17 Feb 2017 5,000 ICICI Pru FMP - Series 80 1170 Days Plan I Direct-G Debt: FMP Closed-end 09 Feb 2017 17 Feb 2017 5,000 HDFC FMP - 1178 Days - February 2017 (1) Direct-G Debt: FMP Closed-end 13 Feb 2017 20 Feb 2017 5,000 More >>

Real Estate News

Affordable housing to get better returns now: S Sriniwasan, Kotak Investment Advisors We have raised $250 million for equity investments in residential projects, including affordable housing, says S Sriniwasan, MD, Kotak Investment Advisors.

Magicbricks teams up with SBI to sell properties in Andhra Pradesh, Telangana The lender has offered to waive off processing charges ranging from Rs 6,500 to Rs 10,000 and provide a marginal concession of 0.1%.

Indiabulls' PE unit to raise Rs 1,500 cr through realty fund Company's maiden commercial fund to have a tenure of 5 years with an option of 2 extensions of 1 year each.

Even urbanites will be able to get a house via the Pradhan Mantri Awas Yojana: Find out how Read on to find out who all are eligible, what's new in the scheme, how much can be availed and from where to get the loan.

Singapore's GIC leads race to buy 40% in DLF Cyber City for Rs 12,000 crore Promoters plan to use most of these funds in subscribing to a Rs 10,000-cr preferential issue of DLF, which will be used to retire a portion of its debt.

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 V Reg-D Equity: Tax Planning Closed-end 22 Dec 2016 22 Mar 2017 500 More >>

Views and Recommendations

Sell Tata Power Company Ltd. target Rs 75 : IIFL 16 February, 2017, 12:52 PM IST Sell Tata Power Company Ltd. at a price target of Rs 75 and a stoploss at Rs 85 from entry point sell Sell Asian Paints Ltd. target Rs 936 : IIFL 16 February, 2017, 12:52 PM IST Sell Asian Paints Ltd. at a price target of Rs 936 and a stoploss at Rs 1000 from entry point sell Buy Voltas Ltd. target Rs 344 : Reliance Securities 16 February, 2017, 12:52 PM IST Buy Voltas Ltd. at a price target of Rs 344 and a stoploss at Rs 330 from entry point buy Buy HDFC Bank Ltd. with a target of Rs 1390 – IIFL 16 February, 2017, 12:51 PM IST Buy HDFC Bank Ltd. with a target of Rs 1390 and a stop loss of Rs 1290 buy

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