News Digest: I inaugurate projects that I launch, says PM Narendra Modi

		THE TIMES OF INDIA
		Saturday, September 23, 2017
		Today's Headlines

		India
		I inaugurate projects that I launch, says PM Narendra Modi Taking a dig at the slow progress of development works during the Congress and Samajwadi Party regimes at the Centre and the state, PM Narendra Modi said on Friday that he if he lays the foundation stone of a project, he makes sure that he inaugurates it at well. Gandhi, Nehru, Ambedkar were all NRIs, says Rahul Gandhi in US Congress vice president Rahul Gandhi has described prominent leaders of India's freedom struggle as “NRIs“ (non-resident Indian) and said that the party was born of an “NRI movement“. Nanaji to join pantheon of BJP celebrities Nanaji Deshmukh is set to join the rank of saffron leaders being consecrated by the BJP government in policy making. More India News»

		Business
		RBI may revise down GVA growth forecast, keep rates on hold: Report According to the Japanese financial services major, further easing in policy rates is unlikely as momentum of core inflation has been much higher than expected and because the growth slowdown is due to non-monetary factors. Finance Ministry dispels concerns over high GST transition credit Airtel, Vodafone & Idea race against time to ready case against IUC cut The top carriers have a small window – barely a week – before some courts take a break next week and resume much after the implementation date of Trai order. More Business News»

		Environment
		Indian mouse deer spotted after 112 years in Chhattisgarh India ready to work beyond Paris climate deal: Sushma External affairs minister Sushma Swaraj, during a UN 'Leadership Summit on Environment Pact', said that India had been at the forefront of the debate on environment and development. Her remarks came amid uncertainty over the US role in the deal. Ensure religious places follow noise pollution norms: NGT A bench headed by NGT Chairperson Justice Swatanter Kumar asked the DPCC to take appropriate action against the places of worship in case any violation was found by the authorities. During the hearing, the counsel for various religious places assured the tribunal that they would abide by the NGT direction and ensure that there is no violation. More Environment News»

		World
		China snubs Pakistan over Kashmir issue China on Friday refused to join Pakistan’s efforts to internationalise the Kashmir issue as a means to defame India. The Chinese foreign ministry said the Kashmir issue was a matter to be resolved by India and Pakistan alone. Rescue efforts after Hurricane Maria toll climbs to 33 Puerto Rico Governor Ricardo Rossello called Maria the most devastating storm in a century. "Part of the island is lacking communications so what we have are some preliminary assessments about 13 deaths at this juncture," Rossello told CNN. UK's May for transition plan in bid to unlock Brexit talks In a speech in a 14th century church in Florence, Italy, May appealed directly to EU leaders to unlock the talks that have stalled over a series of issues, including over how much Britain should pay as part of its divorce settlement. More World News»

		Entertainment
		Pic: Soha, Kunal at Kareena's birthday bash 'Padmavati' to clash with Big B '102 Not Out' Katrina joins SRK on sets of Aanand's next The hit threesome- Shah Rukh Khan, Katrina Kaif and Anushka Sharma, are uniting once again on the silver screen for Aanand L Rai’s untitled dwarf film. More Entertainment News»

		Science
		Atomic bombs and hydrogen bombs explained The world's nuclear arsenals are comprised mainly of two types of warheads -- atomic bombs, also called A-bombs, and the more powerful hydrogen or H-bombs. Forget gym, daily chores will keep you healthy: Study Forget renewing your gym membership or joining Zumba classes. Washing clothes, moping the floor or weeding your garden for 30 minutes a day can cut the risk of death by more than a quarter and bring down the risk of heart diseases by 20%, scientists said in a study. Asteroids found orbiting each other between Mars, Jupiter More Science News»

		Sports
		Had the delivery spun in, I wouldn't have got hat-trick: Kuldeep Yadav "For the hat-trick ball, I didn't think I would get a wicket if the ball spun in. The only way in that scenario would have been a bat-pad opportunity. There was a slip in place so I chose the wrong 'un," Kuldeep Yadav said. Neymar, Ronaldo, Messi on FIFA best player shortlist Neymar was named alongside Cristiano Ronaldo and Lionel Messi on the three-man shortlist for the Best FIFA Men's Player Award, which was announced in London on Friday. Sachin recalls Dungarpur's contribution to his career "It is a great feeling to come back to CCI. When it comes to Raj Bhai I really don't know where to start because I get confused, we had that kind of relationship, he has guided me all the way," Tendulkar said. More Sports News»

		Technology
		Intex Aqua Lions 2 smartphone launched at Rs 4,599 Domestic smartphone maker Intex has expanded its product portfolio with the launch of yet another smartphone. Lenovo K8 plus with 4 GB RAM launched exclusively on Flipkart Chinese smartphone maker Lenovo has launched 4GB version of its recently K8 Plus smartphone in India. Apple iPhone 8, iPhone 8 Plus pre-booking starts: Best offers you can avail Apple’s latest smartphones -- iPhone 8 and iPhone 8 Plus -- are up for pre-orders in the country. More Technology News»

		Education
		IIT Kanpur suspends 22 students for ragging IITs revoke year-old ban on 31 companies, allow them to hire students The IITs have revoked a ban, which they had imposed on 30 companies, mostly start-ups, barring them from participating in their campus placements. The ban was announced after these firms withdrew their offers made to the students last year. Udacity launches courses on self-driving and flying cars Costing Rs 35,400 total for a single four-month term, the prerequisites are some programming experience (e.g. C++, Python) and algebra. More Education News»

		Mumbai
		BMC absolves itself of leading doc's death in open manhole MU students may be marked on average of other subjects in missing papers Boy born at 22 weeks 'youngest' to survive More Mumbai News»

		Delhi
		SC upholds cancellation of Morani's bail Man deprived of flat for 39 years, HC raps DDA 'Students mustn't pay for Centre-state fight' More Delhi News»

		Bangalore
		Bengaluru I-T officer's kidnapped son murdered, 4 held Have spent Rs 60,000 crore on irrigation in 5 years: CM Siddaramaiah HC stays FIR against film producer Anand Appugol More Bangalore News»

		Hyderabad
		Realtor held for online extortion Storm water tunnelling to plug Malakpet inundation Hyderabad High Court lifts stay on TS-SET result More Hyderabad News»

		Chennai
		TTV camp MP moves to EPS No takers for 252 BDS seats in private colleges this year Support group launched for victims of brachial plexus injury More Chennai News»

		Ahmedabad
		BJP ex-MLA Gohil joins Congress Infighting for tickets increases BJP worries The state BJP’s starting evaluation of likely candidates for the 2017 assembly elections has opened up a Pandora’s box. Infighting in the party has increased rapidly between MLAs and local office-bearers. The BJP senses a great deal of anti-incumbency against MLAs and ministers and is facing pressure from ticket hopefuls. Woman files plaint against father A young woman Vaishnavi Soni, 22, resident of Maninagar, has lodged a complaint of criminal intimidation with Maninagar police against her own father, Sandeepkumar. Kumar is a rape accused currently out on bail. More Ahmedabad News»

		Allahabad
		Government hospitals lack advanced fire fighting equipments Swaroop Rani Nehru (SRN) hospital and Sarojini Naidu Childrens hospital – the two government hospitals of Sangam city - lack advanced fire fighting arrangements. Durga puja pandal promotes literacy in Allahabad As various barwari’s (the term used for Durga Puja Samiti) of the city prepares to welcome Maa Durga in the respective pandals, one pandal that stands different from others is the one in Tagore town. Poet Nirala's kin dies after sustaining injuries in crude bomb attack More Allahabad News»

		Bhubaneswar
		Orissa HC issues notice to CBI on judge's house trespassing case The Orissa High Court on Friday issued show cause notice to the CBI asking it to reply as why the agency sleuths entered the house of sitting HC judge Justice CR Dash on September 19 late night. Division bench of Chief Justice Vineet Saran and Justice B R Sarangi has also issued notices to state government and Centre on the matter. Slight improvement in drought situation in Odisha: Minister The state government on Friday claimed slight improvement in the drought-like situation after the recent rainfall in Odisha. Odisha finance secretary asks departments to monitor court cases effectively The state finance department on Friday asked all departments to put in place appropriate mechanism to monitor court cases and other legal issues. More Bhubaneswar News»

		Bhopal
		Row over water release by MP to Sardar Sarovar Dam Govt staff want 2-child norm for politicians, too MP to undertake appraisal of staff with 20 years service More Bhopal News»

		Chandigarh
		Tribals: We want MLA who lives with us; not who visits like tourist Amit Shah names CM as 'Bhrashtachar wala mukhyamantri' UP's top cop in Amritsar to probe Nabha jailbreak accused's escape More Chandigarh News»

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Prataap Snacks IPO not crunchy enough for value investors At the demanded price, the IPO is valued at 220 times FY17 earnings; traders may try for listing gains. All you need to know about Bitcoin wallet & Bitcoin mining Currencies including Etherum and Litecoin etc are also considered as alternatives to the bitcoin. Beware! 85 stocks set to come crashing down, shows MACD Many of the counters that witnessed bearish crossovers also saw strong trading volume. Bull run resumes; check out these laggards that can give solid returns Healthcare, IT, PSU, power and auto indices on BSE this year have failed to beat Sensex.

Nifty may be overvalued, but your stock portfolio may not The index has since reached an all-time high level on the back of an expansion in PE multiples. 15 solid money-making ideas to bet on at Nifty's peak level Analysts say the indices will see only stock-specific action from here on.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   AKM Lace and Embrotex Ltd. 25.00 20-09-2017 22-09-2017 Aarvi Encon Ltd. 54.00 21-09-2017 25-09-2017 D P Wires Ltd. 75.00 21-09-2017 26-09-2017 Cadsys (India) Ltd. 70.00 21-09-2017 25-09-2017 SBI Life Insurance Company Ltd. 685.00 - 700.00 20-09-2017 22-09-2017 RM Drip and Sprinklers Systems Ltd. 53.00 - 57.00 19-09-2017 25-09-2017 Shree Tirupati Balajee FIBC Ltd. 36.00 - 40.00 21-09-2017 26-09-2017 Prataap Snacks Ltd. 930.00 - 938.00 22-09-2017 26-09-2017 Share India Securities Ltd. 41.00 21-09-2017 27-09-2017 Trident Texofab Ltd. 30.00 21-09-2017 26-09-2017 Poojawestern Metaliks Ltd. 36.00 22-09-2017 26-09-2017 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   ICICI Pru FMP - Series 81 1100 Days Plan W-D Debt: FMP Closed-end 25 Sep 2017 09 Oct 2017 5,000 ICICI Pru FMP - Series 81 1100 Days Plan W Direct-G Debt: FMP Closed-end 25 Sep 2017 09 Oct 2017 5,000 ICICI Pru FMP - Series 81 1100 Days Plan W-G Debt: FMP Closed-end 25 Sep 2017 09 Oct 2017 5,000 ICICI Pru FMP - Series 81 1100 Days Plan W Direct-D Debt: FMP Closed-end 25 Sep 2017 09 Oct 2017 5,000 More >>

Real Estate News

Government announces new PPP Policy for private investments in affordable housing Under this policy announced by Minister of Housing & Urban Affairs Hardeep Singh Puri, eight PPP models have been provided for private sector to invest in affordable housing.

NBCC to launch 1,000 flats for sale during festival season NBCC will be launching flats and commercial area across the country. The flats will be priced between Rs 15 lakh and Rs 1 crore, said its CMD Anoop Kumar Mittal.

Gurgaon's residential real estate market in revival mode Gurgaon's dominance as a corp hub and connectivity to Delhi are providing an impetus to realty growth.

RERA, other steps will bring consolidation to realty sector: Ashish Puravankara, Puravankara Ashish Puravankara speaks about the Bengaluru-based real estate developer's plans and the impending revival of the sector.

Homebuyers' group finds UP's RERA weak, challenges rules in Allahabad high court Uttar Pradesh was among the first to have notified the RERA rules, though few of the important clauses were mitigated.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-G Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-D Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-G Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-D Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 SBI Dual Advantage Fund Series XXIV Reg-G Hybrid: Debt-oriented Conservative Closed-end 11 Sep 2017 25 Sep 2017 5,000 More >>

Views and Recommendations

Buy Lupin target Rs 1,125: Motilal Oswal Securities 21 September, 2017, 01:59 PM IST Buy Lupin at a price target of Rs 1,125. Buy Buy Camlin Fine Sciences, target Rs 85: Swati Hotkar 21 September, 2017, 12:48 PM IST Buy Camlin Fine Sciences at a price target of Rs 85 and a stop loss at Rs 75 from entry point. Buy Buy Power Finance Corporation, target Rs 146: Pritesh Mehta 21 September, 2017, 12:48 PM IST Buy Power Finance Corporation at a price target of Rs 146 and a stop loss at Rs 128 from entry point. Buy Buy Oil And Natural Gas Corporation, target Rs 182: Pritesh Mehta 21 September, 2017, 12:48 PM IST Buy Oil And Natural Gas Corporation at a price target of Rs 182 and a stop loss at Rs 162 from entry point. Buy

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