News Digest: Man dozes off on shuttle, left behind by flight at Mum airport

		THE TIMES OF INDIA
		Saturday, June 10, 2017
		Today's Headlines

		India
		Man dozes off on shuttle, left behind by flight at Mum airport The man spent around six hour s asleep in the bus, which was subsequently locked and parked in the maintenance area, before he was discovered. Parliament attackers have no links with Islam, Sunnis: Iran NDTV raids: Veteran journos say media being muzzled More India News»

		Business
		British pound tumbles as UK election gamble fails The pound plunged as UK Prime Minister Theresa May's Conservatives lost their parliamentary majority in Britain's general election, fuelling political uncertainty just days before the Brexit talks. Sterling slumped to a seven-week low of $1.2636, while the euro hit a seven-month peak at 88.59 pence. Sebi clears Vikram Limaye as NSE MD but with a rider Markets regulator Sebi has cleared the appointment of Vikram Limaye as the next MD & CEO of National Stock Exchange. However, the appointment is subject to Limaye being relieved as one of members of the SC-appointed committee that is currently running BCCI, the cricket board in India. Rupee slips 3 paise in nervous trade; snaps 2-day rally The rupee on Friday weakened by 3 paise to close at 64.24 against the US currency due to fresh demand for the dollar from banks and importers, cutting short its two-day rise. More Business News»

		Environment
		New species of flying squirrel, a 'surprising' discovery Skin cure fad driving Myanmar elephant poaching surge: WWF Myanmar's wild elephants are being poached in record numbers with at least 20 killed this year due to surging demand for their hide, WWF said Monday, warning the species is facing a "crisis". Australia must do more to protect reef: UNESCO UNESCO urged Australia to accelerate efforts to save the Great Barrier Reef, saying long term targets to improve its health were unlikely to be met.Progress towards achieving water quality targets has been slow, and Australia was at risk of falling short of its 2050 goals. More Environment News»

		World
		May makes no change to top ministerial team British PM Theresa May kept finance minister Philip Hammond and other key members of her cabinet in their jobs on Friday, a day after she was weakened by failing to win a parliamentary majority in an election. Gulf widens as Saudi, allies place Qataris on 'terror list' Arab states that have isolated Qatar tightened their squeeze on Friday by putting dozens of figures with links to the country on terrorism blacklists, while Qatar's ally Turkey rushed to its side with plans to send troops, warships and planes. Donald Trump: Different strokes More World News»

		Entertainment
		Watch: 'Jagga Jasoos' song 'Galti Se Mistake' After taking fans on a world winding adventure with 'Ullu ka pattha', the makers of 'Jagga Jasoos' dropped yet another song on Friday afternoon which features Ranbir Kapoor at his goofy best. Anil Kapoor wishes Sonam on her b'day National Award winning Bollywood actress and fashionista Sonam Kapoor, who turned 32 today, has been receiving warm birthday wishes from fans and friends alike. As the wishes poured in on all social networking platforms, doting dad Anil Kapoor shared an added wish and greeting for his darling daughter. Priyanka trolled for going under the knife Not-too-long-ago, Shruti Haasan got trolled for her alleged plastic surgery. However the actress refused to comment on the issue asserting that she is not answerable to anyone. Now, the latest victim seems to be none other than desi girl Priyanka Chopra who is getting trolled on social networking sites for the same reason. More Entertainment News»

		Science
		Space may hold key to beating cancer Scientists are growing human lung cancer cells with gold nanoparticles aboard the International Space Station (ISS), an advance that may hold the key to beating cancer. The technique of using magnetic forces to handle cell cultures in the micro-gravity environment of the space station. Key ingredient of life found circling infant stars Two teams of astronomers said they have for the first time detected a key chemical building block of life swirling around infant stars that resemble our Sun before its planets formed. The findings could offer clues on how chemicals sparked into living matter on Earth several billion years ago. Isro sets focus on PSLV-C38 launch by June 28 After the historic launch of the 640 ton, first developmental flight of Geosynchronous Satellite Launch Vehicle (GSLV) -Mark III (D1) on June 5, the team of scientists from Isro centres here have set their target to launch its second developmental flight GSLV-Mark III –D2 by Jan 2018. More Science News»

		Sports
		Shakib, Mahmudullah smash tons as Bangladesh stun NZ Shakib Al Hasan and Mahmudullah smashed a brilliant century each and stitched a record 224-run stand as Bangladesh recovered from a top-order collapse to notch up a stunning five-wicket win over NZ in their last group match of the Champions Trophy. Nadal crushes Thiem to set up Wawrinka showdown Claycourt king Rafa Nadal marched into his 10th French Open final after demolishing rising Austrian Dominic Thiem 6-3 6-4 6-0 on Court Philippe Chatrier on Friday. Great scenario to have two quarter-finals: Virat Kohli "And for everyone involved in the tournament and the fans as well, I think, it's a great scenario where you literally have two quarter-finals now which is going to be even more competitive cricket. So we are pretty clear about the whole situation, and, it certainly has opened up the whole table for sure," Virat Kohli said. More Sports News»

		Technology
		Apple iPhone 7 available online at a discount of Rs 17,000 Amazon India is offering a discount of Rs 17,000 on Apple iPhone 7. Honor 9 specifications leaked online ahead of official launch Huawei’s sub-brand Honor is all set to launch its Honor 9 flagship smartphone in China on June 12. Days before the launch, some details about the smartphone have surfaced online. Samsung Galaxy S8+ with 6GB RAM and 128GB internal storage goes on sale in India Samsung recently launched a more powerful version of its Galaxy S8+ flagship smartphone in India. Priced at Rs 74,900, the smartphone comes with 6GB of RAM and 128GB of internal storage. The same is now also up for sale on Flipkart and Samsung shop. More Technology News»

		Education
		CBSE moves Supreme Court for stay of HC order against publication of NEET results ​The CBSE moves Supreme Court for stay of Madras High Court​ order against publication of NEET 2017 for admission to MBBS and BDS courses across the country. The apex court said it would hear on June 12 the matter which concerns the fate of around 12 lakh aspirants for MBBS and BDS courses. DU ranked among top 10 universities in India University of Delhi has been ranked among the top ten varsities in the country by Quacquarelli Symonds University World Rankings. Karnataka's Manipal University was ranked highest among private universities in the country. Textbook tells students to 'write emails as short as skirts' ​The book 'Basic Business Communication', authored by C B Gupta,​ advises students to write emails short enough to be interesting like skirts, has created an outrage on social media.​ Gupta said he took the analogy from an article written by a foreign author. More Education News»

		Mumbai
		City Limo chief's properties to be auctioned in six months: HC The Bombay high court on Friday directed its official liquidator to take possession of and auction within six months four properties belonging to Sayyed Masood, chairman of investment company City Group, which had allegedly duped thousands of investors in 2010 by promising 48% returns on their investments. Maharashtra govt moots four more water transport routes In a bid to further boost water transport in the Mumbai Metropolitan Region, several more routes have been shortlisted for the Vasai, Thane and Panvel creeks, the Taloja river and, curiously , the Mithi river, which at the moment is little better than a sewage channel. Nigerian fraud on matrimonial website gyps woman of Rs 5 lakh A woman is the latest victim of a Nigerian fraud, this time targeting people on matrimonial sites. The victim has approached Bandra police complaining that she was duped of Rs 4.8 lakh by someone she met on one such website. More Mumbai News»

		Delhi
		Mishra barred entry to CM house with crowd Manish Sisodia's GST tutorial for traders Delhi deputy chief minister Manish Sisodia reached out to traders and consumers on Friday through a one-hour Facebook Live interaction. Why resistance to antibiotics is fast becoming a big killer Cardiac surgeons have found that 16 children developed hospital-acquired infection, which led to longer hospital stay and need for ICU support than those who didn't. Also, of those who acquired infection, three died due to sepsis. More Delhi News»

		Bangalore
		Upset horticulture dept wants move rolled back Congress pushes for tabling of no-trust vote Sand shortage will end in a month More Bangalore News»

		Hyderabad
		Wire snaps, 20-year-old woman gets electrocuted A 20-year-old girl was electrocuted when a wire from an electric pole snapped and fell on a water-logged street at Mangalhat on Friday. Wet weekend ahead: Low pressure to bring in more showers till June 11 Heavy pre-monsoon showers may have been wreaking havoc across the city, but weather experts say that these showers will soon make way for the south west monsoon over the next two days. More than 4,000 schools staring at a shutdown The future of schools in the state seems to be precarious.The government is trying to 'rationalise' them by merging schools with zero-enrolment with those located nearby. More Hyderabad News»

		Chennai
		Vaiko sent back from Kuala Lumpur over 'LTTE ties' Tamil Nadu politician Vaiko was denied entry at the Kuala Lumpur International Airport on Friday morning as his name was on the "dangerous persons list". TI cycles introduces cycle rides from its stores Frankly speaking, Chennai to get a feel of war stories Whether it’s Kashmir or Syria flashing on your television, to those of us at comfortable distances from the genocide, the stories are the same. More Chennai News»

		Ahmedabad
		Mehsana custodial death: Second postmortem done, father on fast unto death The anger over Patidar man's alleged custodial death in Mehsana showed no signs of abating with family members of the deceased Ketan Patel even as the second postmortem was conducted at the civil hospital on Friday evening. Firefighting in Congress: Vaghela meets Gehlot to thresh out compromise Gujarat Congress in-charge Ashok Gehlot and leader of opposition Shankersinh Vaghela held a closed-door meeting on Friday.Both leaders are learnt to have had a detailed discussion to work out a compromise. Jealous boyfriend tries to run man over A youth, resident of Sanand, is accused of running over a 22-year-old youth from Ghatlodia with a car on Thursday night over an alleged relationship with a girl. Vastrapur police have registered a case of attempt to murder and have started investigation. More Ahmedabad News»

		Allahabad
		One held in Dheeraj murder case The prime accused allegedly in contractor Dheeraj Singh murder case was arrested on Thursday. Anuj Agarwal alias Cheenu, a resident of Mutthiganj, was arrested near roadways workshop. State Election Commission drive to woo young voters in Allahabad Deputy district election officer, Allahabad, Mahendra Kumar Rai told TOI, "The campaign will target young people in the age group of 18-21 years who have not yet registered as voters. Police to cut dacoit Babuli's liquor supply, force him to come out of hiding How to force a tippler bandit come out of hiding in dense forests? Easy. Choke his supply of liquor, feels Chitrakoot police. More Allahabad News»

		Bhubaneswar
		Result goof-up: Parents continue stir protesting against CBSE As the day breaks, Sashmita Mishra from far-off Angul town, about 140 km from here, hurries up to catch the bus to Bhubaneswar. Darjeeling unrest: Naveen urges Mamata to arrange safe return of Odia tourists BJD MP Tathagata Satpathy expresses regret over remark A day after snubbed by BJD president and chief minister Naveen Patnaik for making ‘disparaging’ remarks against certain party colleagues, BJD’s Dhenkanal MP Tathagata Satpathy on Friday regretted. More Bhubaneswar News»

		Bhopal
		Curfew relaxed in Mandsaur Party denies involvement, promises punitive action, if proven guilty Milk supply takes a hit as farmers' protest continues The single and double-toned milk manufacture hit a halt in the city on Friday.The jolt in the milk industry comes days after cream-based milk production was stopped due to the on-going protests of farmers. Vegetable prices spoil Iftar spread Iftar , the evening meal when Muslims end their daily Ramazan fast, has been affected the most by shortage of green vegetables. More Bhopal News»

		Chandigarh
		Mansa village chosen for national award for water conservation At a time when groundwater is depleting fast in Punjab, a small village of Mansa has led by example on conservation of water. And in recognition of its efforts, Man Aspal village has been chosen for a national award by the Union ministry of rural development for the year 2015-16. Union rural development minister Narendra Singh Tomar will give away the award to the panchayat on June 19 in Delhi. Traders, truckers affected as server snag hits tax collection in Punjab The tripping of server operated by Wipro Infotech and monitored by Punjab Excise and Taxation Technical Services Agency (ETTSA) has affected the movement of goods at as many as 47 taxation barriers across the state, resulting in long queues at all entry and exit points. The tax collection is now being done manually, which has slowed down the process causing hardships to traders and truckers. Cash crunch binds Punjab CM's 14 advisers at 30K a month Punjab chief minister Captain Amarinder Singh may have appointed a battery of 14 advisers to get suggestions on issues ranging from politics and defence to policing, but the financial mess that previous Akali Dal government has left is not allowing him to pamper them. More Chandigarh News»

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Most analysts hated this stock, yet it gained 1,500% in 5 years!

THE ECONOMIC TIMES Fri, Jun 09, 2017 | 06:33 AM IST ET Investment Opportunities

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Most analysts hated this stock, yet it gained 1,500% in 5 years! There is this rare occasion when most analysts are negative on a stock and yet it keeps rallying! You might find multibaggers for the future in these 17 smallcaps March quarter earnings threw up a few smallcaps that showed promise on balance sheets. Bad days for savers; select debt funds offer only hope Your FD will yield you less in the present scenario, Abheek Barua of HDFC Bank said. 300% spike in 365 days! This stock has more steam left At around Rs 450 apiece, the stock trades at 21 times its trailing 12-month EPS.

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Buckle up! Indian equities' smooth ride is going to get bumpy real soon Volatility is going to rise after sinking to a record in May as corporate profit growth falters. This self-made $900 million trader warns rally in Indian stocks not based on facts Raamdeo Agrawal points to the congested roads below, and talks about the stalled plans.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Fund - Series XXVII - I (1113 Days) Direct-Flexi D Debt: FMP Closed-end 05 Jun 2017 19 Jun 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - I (1113 Days) Direct-DY Debt: FMP Closed-end 05 Jun 2017 19 Jun 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - I (1113 Days) Reg-G Debt: FMP Closed-end 05 Jun 2017 19 Jun 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - I (1113 Days) Reg-D Debt: FMP Closed-end 05 Jun 2017 19 Jun 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - I (1113 Days) Reg-DQ Debt: FMP Closed-end 05 Jun 2017 19 Jun 2017 5,000 More >>

Real Estate News

4 reasons why residential real estate prices will rise post RERA RERA will play a fundamental role in determining the economic framework of demand and supply in the real estate industry.

From tenement to township, India's $1.3 trillion housing push Indian real estate, historically a depository for black-market cash, was hit hard by the government's move to stamp out corruption with a ban on high-denomination bank notes.

Our order would decide fate of real-estate projects cleared by states: NGT For smaller projects (less than 20,000 sq m) it even has a "self-declaration" clause, which will ensure issuance of permission from urban local bodies.

Maharashtra RERA gets cracking, issues first notice Property broker Sai Estate issued show-cause notice for advertising about residential projects that have not been registered with regulator.

Real estate outlook: Wait and watch for next 6 months, says survey Western zone is the most optimistic. Offices face slack supply, continued demand. There is optimism for the future, but the sentiment has dipped over last year.

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Views and Recommendations

Buy Tata Motors, target Rs 600 : JM Financial 08 June, 2017, 09:14 AM IST Buy Tata Motors Ltd. at a price target of Rs 600 and the time period given is long term buy Buy Ashoka Buildcon Ltd. target Rs 263 : Edelweiss Financial Services 08 June, 2017, 10:37 AM IST Buy Ashoka Buildcon Ltd. at a price target of Rs 263. buy Buy Cadila Healthcare Ltd. target Rs 600 : Edelweiss Financial Services 08 June, 2017, 11:06 AM IST Buy Cadila Healthcare Ltd. at a price target of Rs 600. Edelweiss says Cadila's US business growth will be best-in-class at 48 per cent with 28 per cent/44 per cent growth in revenue/PAT over FY17-19E. buy Buy Jindal Steel & Power, target Rs 155: Edelweiss Financial Services 08 June, 2017, 11:04 AM IST Buy Jindal Steel & Power Ltd. at a price target of Rs 155, implying an exit multiple of 6x FY19E EBITDA. buy

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