News Digest: DMK richest regional party, AIADMK second, says ADR

		THE TIMES OF INDIA
		Saturday, October 28, 2017
		Today's Headlines

		India
		DMK richest regional party, AIADMK second, says ADR An analysis of incomes during 2015-16 has shown that 32 regional parties in total got Rs 221.48 crore, of which Rs 110 crore remained unspent. This is more than 49% of their total income. DMK had the highest income at Rs 77.63 crore. Recruit court managers to help judges, government tells HCs Union law minister Ravi Shankar Prasad has written to the chief justices of all high courts asking them to expedite the recruitment of court managers, a separate cadre of officers to assist the judges in 'streamlining court administration' and free judges for adjudicating cases. SC lets Centre withdraw 15 companies from Hills The Mamata Banerjee government had moved the Calcutta High Court and got a stay on withdrawal of central forces. More India News»

		Business
		US economy shows resilience with 2nd straight solid quarter Powered by businesses and consumers, the US economy grew at a solid 3 annual pace last quarter despite two devastating hurricanes evidence of economic durability and all but assuring that the Federal Reserve will resume raising interest rates late this year. Oil firms introduce online draw for LPG dealership ICICI Bank Q2 net dips 30% to Rs 2,071 crore More Business News»

		Environment
		Remains of 150 million-year-old marine reptile found in Kutch Remains of a 150 million-year-old marine reptile were discovered in Kutch in Gujarat by a team of Indian and German scientists. Until now, no Jurassic era ichthyosaur fossils have been reported found in India. Delhi govt faces NGT wrath over use of plastic in city Protecting Olive Ridley sea turtles in Odisha The preparations for safe nesting of the rare marine species have been reviewed by the government officials and the departments of forest, fisheries & animal resources and marine police were directed to operate in close coordination to ensure strict enforcement of the conservation rules. More Environment News»

		World
		Spain PM dissolves Catalan parliament after independence declaration Spanish Prime Minister Mariano Rajoy announced Friday he had dissolved the Catalan parliament and called regional elections for December 21 under sweeping powers approved by the Senate to stop a secessionist movement in Catalonia. China urges US not to allow Taiwan president in China urged the United States on Friday not to permit Taiwan's president to travel through US territory en route to the island's diplomatic allies in the Pacific, a sensitive visit shortly ahead of US President Donald Trump's trip to Beijing. At least six wounded in blast in Balochistan At least six people were wounded on Friday when a bomb went off along railway tracks in southwestern Pakistan, halting train service in the region, security and railways officials said. The train was travelling from Quetta to Lahore. More World News»

		Entertainment
		Jio Filmfare Awards (Marathi) 2017: Live performances that captivated the audience From thunderous performances to tear-jerking speeches, Marathi cinema's biggest annual gala, the Jio Filmfare Awards was about it all. The crème-de-la-crème of Marathi cinema industry had gathered under one roof for the award ceremony on Friday evening at the Bombay Convention & Exhibition Centre which was hosted by Pushkar Shrotri and Pushkaraj Chirputkar. Pic: Lisa Haydon hits the beach with son Lisa shared another click with her baby boy, but this time she is taking a swim in the ocean. PICS: Shahid spotted hiding his new look Shahid Kapoor, who left us in awe of his royal avatar in 'Padmavati', was spotted at the airport today, heading to Amritsar. What caught our attention was the fact that the 'Jab We Met' actor was hiding his face behind a bandana and a cap. More Entertainment News»

		Science
		Ancient ocean remnants found on dwarf planet Ceres: NASA NASA's Dawn mission to Ceres has found the evidence of residual liquid left over from an ancient global ocean on the dwarf planet. They suggest that there is a softer, easily deformable layer beneath Ceres' rigid surface crust, which could be the signature of residual liquid. Powerful new gene-editing tools may eradicate hundreds of diseases Scientists unveiled two new molecular editing tools designed to fix mutations that cause the majority of human genetic diseases. Both techniques build off of the game-changing CRISPR-Cas9 gene editing tool, a type of molecular scissors for trimming unwanted parts of the human genome to replace with new stretches of DNA. Today's children may not be healthiest in their last decade: Survey Despite the best of technology and medical aid, today’s children who stand the best chance of surviving 100 years than any generation before, may not lead the healthiest of lives in their last decades. More Science News»

		Sports
		Post Pune fiasco, foolproof security for Green Park pitch Lesson learnt after the Pune pitch fiasco, the Uttar Pradesh Cricket Association (UPCA) has beefed up security around the 22-yard strip for the third ODI between India and New Zealand on Sunday. French Open: PV Sindhu beats Chen Yufei to enter semis World number two and second seed PV Sindhu advanced to the semi-finals of the French Open Super Series with a commanding straight games victory over Chen Yufei of China on Friday. U-17 WC a success but no promise on U-20 bid: Infantino FIFA chief Gianni Infantino on Friday described the ongoing Under-17 World Cup here as a "resounding success" but refrained from giving any commitment on India's bid to host the U-20 World Cup in 2019. More Sports News»

		Technology
		Amazon founder Jeff Bezos overtakes Bill Gates as the world's richest man, again Jeff Bezos, CEO of the world's largest online retailer Amazon, has yet again overtaken Microsoft co-founder Bill Gates as the world's richest man. Amazon Prime membership to cost more in India from October 31 Amazon Prime, the special service from the e-commerce giant, is set to become more expensive starting October 31. Launched at an introductory price of Rs 499, the service will be available for Rs 999 after October 31. 12 interview questions banned by Google More Technology News»

		Education
		Reservation mandated in all Karnataka based education institutes for transgenders It has also said that a separate toilet for the transgenders should be constructed in educational institutes and modify section 36 A of the Police Act which crimanlises Hijras and other members of the transgender community. Over 1.5 lakh candidates to take JNU entrance exam Over 1 lakh candidates will sit for the JNU Entrance Examination (JNUEE) which is scheduled to be held between December 23 and 27, a statement issued by the varsity said. Bombay HC asks Maharashtra government, Mumbai University to provide proper amenities at varsity's tribunal The Bombay High Court has directed the Maharashtra government and the University of Mumbai to take steps for providing basic amenities at a tribunal set up to hear admission and other education-related matters of the varsity and the SNDT College. More Education News»

		Mumbai
		Mumbai neglects waste disposal in its hunt for Swachh status Sanitation was never one of Mumbai's priori ties. Nearly one out of two Mumbaikars depends on public or community toilets, which are constantly falling into disrepair, or have to relieve themselves in the open. State set to unveil plan to boost women entrepreneurs The Maharashtra government, in what it claims is the first such progressive move by any state, plans to launch a separate industries policy to encourage women entrepreneurs. The state industries department has almost finalized the draft policy, which will be tabled before the state cabinet shortly. Bizman with broken number plate alleges 'bribe trauma', cops deny it A 35-year-old Malad businessman took to social media earlier this month to share the “trauma” he allegedly faced during a nakabandi near Churchgate station while travelling with his wife and 15-month-old daughter. He has since submitted his complaint on the Mumbai Police website, but has yet to get a response. More Mumbai News»

		Delhi
		84-year-old man run over by DTC bus An 84-year-old man was run over by a speeding bus near Karkardooma metro station in east Delhi on Friday . Police said the bus driver is absconding. Air quality to stay very poor for 3 days There will be no improvement in air quality in the next few days as the current meteorological conditions are not allowing easy dispersal of particulate matter, say experts. Pothole claims life of bizman; 4th city death in a month 3 Yrs Ago, Victim's Brother Hit Crater, Slipped Into Coma More Delhi News»

		Bangalore
		How the other Anant Kumar in BJP rose through the ranks TOI impact: Karnataka junks family support norm for ASHA recruitment I want justice, not revenge: DSP's sister More Bangalore News»

		Hyderabad
		Fight over wall: No relief for Lodha group on sale of flats Net-savvy Hyderabad clocks 4.7mn in digital push Fishkill: Power department snaps supply to 14 pharma units after closure orders The Telangana electricity department has disconnected power supply to 14 pharma manufacturing units in Kazipally following closure orders being issued by the Telangana State Pollution Control Board (TSPCB). More Hyderabad News»

		Chennai
		VC of Tanuvas flouted norms in floating tenders: Ex-official Any scheme to deal with engineers lacking jobs: HC Is there any scheme available with the ministry to deal with unemployment problem of engineering graduates in our country, the Madras high court has asked the Union ministry of human resources development. Tamil Nadu maps, speeds up emergency care More Chennai News»

		Ahmedabad
		CM wants Ahmed Patel's resignation IS operative finds love in Kolkata Leads put IS-linked flight attendant in Tamil Nadu More Ahmedabad News»

		Allahabad
		Chaath puja concludes at Sangam city ALLAHABAD: The ghats of the Sangam city became alive in the wee hours of Friday as scores of women devotees along with their family members arrived on the ghats to end their fast. With this, the three days of festivities and rituals, associated with Chaath puja concluded. Chaath Puja celebrated Scores of women devotees, along with their family members arrived on the ghats of river Ganga and Yamuna on the second day of Chaath Puja, on Thursday. The women folk, who have been fasting since Wednesday night, offered arkh to the Sun God as it set in the west. Student rusticated from AU on charges of molestation The chief proctor of Allahabad University, on Thursday, has recommended rustication of a M A Part I student, Sudhakar Yadav from AU on the charges of trying to molest a girl student on the main Arts campus. More Allahabad News»

		Bhubaneswar
		Utkal University not to hold election for indefinite period Utkal University has decided not to hold students’ union election on the campus, either direct or indirect, for an indefinite period. University’s vice chancellor Soumendra Mohan Patnaik said this on Friday. Odisha to launch new scheme for safety of boat passengers Odisha chief secretary reviews development projects under mining fund More Bhubaneswar News»

		Bhopal
		Over 2 lakh untrained teachers in MP govt schools ASI, woman chargesheeted in extortion case Nandkumar confident of Chitrakoot bypoll victory More Bhopal News»

		Chandigarh
		349 candidates in fray from 68 seats in Himachal Stalwarts go to lower hills File chargesheet in Sunped case: CBI judge More Chandigarh News»

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LIC dumped banks, top metal stocks in Q2; raised bets in 35 The insurance behemoth was seen reducing stakes in banks aggressively through the quarter. Stocks of Noida, Gurgaon builders rally up to 120%; but realty prices fall Sales of residential property have declined sharply in Noida and Gurugram over the past 1 year. Crackdown on Indian shell companies unearths $1 billion cash In a speech, PM Modi claimed the move had unearthed over 300,000 shell companies. What ace investors bought and sold in September quarter The buy or sell activities of well known investors are closely watched by the market every quarter.

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Invest in shorter term debt funds with rates likely to rise The GST rates on some items have been reduced, potentially lowering collections. Profit up 5 times in Q2, shares soar 6 times in 2017; should you invest in this firm? Total income of this company increased to Rs 481.14 crore during the quarter under review.

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Real Estate News

Housing sales dip 18% in 9 major cities in Jul-Sept quarter: PropTiger "The new RERA and GST regime impacted launches as well as sales in the second quarter of FY'18," said Ankur Dhawan, Chief Investment Officer, PropTiger.com.

Karnataka RERA becomes new name for red tape Sections of developers and home buyers are disappointed that the authority is acting more like another urban civic body rather than learning from KERC.

2,000 investors, Rs 800 crore paid, but not a brick laid for project launched in 2009 The project, Aditya Niketan, never took off. Collectively, the investors say they have paid a whopping Rs 800 crore to the developer, ABW Infrastructure Ltd.

Home buyers are main sufferer of real estate industry, neither getting home nor refund: SC The court's observations came as it heard a plea of thousands of home-buyers in Jaypee Infratech Ltd(JIL) projects seeking the refund of money.

Office rentals may rise 4-5% annually on good leasing demand: Colliers India Property consultant Colliers India, in its latest report on office market, said that about 10 million sq ft of office space was leased during July-September quarter of 2017.

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Views and Recommendations

Buy India Cements, target Rs 193.40: ICICI Direct 26 October, 2017, 09:35 AM IST Buy India Cements at a price target of Rs 193.40 and a stop loss at Rs 187.50 from entry point. Buy Buy Bharat Forge, target Rs 667.40: ICICI Direct 26 October, 2017, 09:32 AM IST Buy Bharat Forge at a price target of Rs 667.40 and a stop loss at Rs 649.20 from entry point. Buy Buy India Cements, target Rs 200: Manas Jaiswal 26 October, 2017, 09:03 AM IST Buy India Cements at a price target of Rs 200 and a stop loss at Rs 184 from entry point. Buy Buy Jaiprakash Associates, target Rs 24: Kunal Bothra 26 October, 2017, 09:00 AM IST Buy Jaiprakash Associates at a price target of Rs 24 and a stop loss at Rs 18 from entry point. Buy

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