[wanabidii] News Digest: Bank of Baroda Q1 net dives 60% to Rs 423.62 crore

		THE TIMES OF INDIA
		Thursday, August 11, 2016
		Today's Headlines

		Business
		Bank of Baroda Q1 net dives 60% to Rs 423.62 crore Public sector Bank of Baroda on Thursday reported a massive 60 per cent plunge in its standalone net profit at Rs 423.62 crore for the first quarter ended June 2016, hit by higher provisions for bad loans and contingencies. Gold, silver fall on weak global trend Gold prices drifted lower by Rs 155 to Rs 31,125 per ten grams on Thursday following its weakness globally coupled with muted demand from jewellers in domestic spot market. The decline comes a day after gold had surged by Rs 310 to Rs 31,280 per ten grams. Sensex slips 74 points as profit-booking weighs Continuing its downward trend, the benchmark BSE Sensex fell almost 74 points in early trade on Thursday as investors engaged in profit-booking in recent gainers amid weak Asian cues. More Business News»

		Environment
		PETA moves NGT seeking nationwide ban on manja People for the Ethical Treatment of Animals (PETA) has moved National Green Tribunal and contended that 'manja', sharp string coated with glass, poses grave threat to humans and animals as every year a number of deaths are caused due to the deadly string. NGT slams Agra administration over encroachment The National Green Tribunal (NGT) has slammed the Agra administration and government agencies for submitting wrong details pertaining to encroachment in the flood plains of the Yamuna here. Background music may hamper shark conservation More Environment News»

		World
		Philippines, Japan to China: Respect law in sea row Japan and the Philippines joined forces on Thursday to call on China to observe the rule of law in resolving maritime disputes after an international tribunal rejected Beijing's claims to most of the South China Sea. Putin meets top brass to discuss security in Crimea Russian President Putin has held a meeting of the country's top brass to discuss boosting security in Crimea following the reports of foiled attacks. The Russian intelligence has said that two people were killed while fending off a series of attempted attacks in Crimea by Ukrainian "saboteurs". Chinese women face bias in jobs after 2-child policy China's new policy to permit two children, ending the one child policy this year is resulting in discrimination of women in job market as employers prefer male workers to avoid lengthy maternity leave, official media reported. More World News»

		Science
		Flooded canyons found on Saturn's moon Titan: Nasa Nasa's Cassini spacecraft has discovered steep-sided canyons, hundreds of meters deep, on Saturn's moon Titan that are flooded with liquid hydrocarbons.The finding represents the first direct evidence of the presence of liquid-filled channels and deep canyons on Titan. Mangalyaan still going strong, to have course correction: ISRO Nearly two years after it was launched, 'Mangalyaan' is still functioning well, and with a planned course correction next January to extend its battery life, it would keep going for many years, ISRO chairman A S Kiran Kumar said today. Ancient ice reveals vital clues about Earth's past climate The ice provides a wealth of historical information, from air temperature to greenhouse gases and evidence of cosmic events. The record reaches as far back as 800,000 years. Researchers say it's remarkably precise, even reflecting seasonal changes. More Science News»

		Technology
		Samsung Galaxy Note 7 with iris scanner launched in India at Rs 59,900 Samsung has launched its flagship phablet Galaxy Note 7 in India priced at Rs 59,900. The handset will be available on Flipkart starting September 2. 15 smartphones available at big discounts Read on to know 15 smartphones available online at discounted prices How to permanently erase data from an Android device Smartphones have almost become everyone’s digital extensions. They are one gadget that people have with them almost the entire time. More Technology News»

		Education
		President nod for six new IITs in country; NIT in AP Six new Indian Institutes of Technology (IITs) will be set up in places like Jammu and Tirupati as President Pranab Mukherjee gave his nod to a law in this regard. Number of Indian students going to UK, US varsities to go up by 50% The number of Indian students going overseas for under-graduate and post-graduate studies is expected to increase by 50 per cent over the next five years due to a manifold increase in their family incomes, a placement expert said on Thursday. DU law aspirants protest seat cut recommended by BCI More Education News»

		Mumbai
		Unleash your adventurous side at Umang 2016 Four days of non-stop, exhilarating fun await you at Umang 2016. Drug formulation market grows 9.5% in July to Rs 9,125 cr Mumbai, Aug 11 () Indian pharmaceutical drug formulation market grew 9.5 per cent to Rs 9,125 crore in July with Indoco Remedies leading the race with 27.8 per cent growth followed by Aristo and Hetero, according to pharmaceutical market research data compiled by AIOCD AWACS. Trafigura forms JV with Polycab Wires for manufacturing unit Mumbai, Aug 11 () Commodity trading firm Trafigura Group Pte Ltd and cable producers Polycab Wires today announced a joint venture to set up production facility in Gujarat for copper wire rod production. More Mumbai News»

		Delhi
		ArcelorMittal-SAIL JV to be operational by December New Delhi, Aug 11 () The much-awaited joint venture (JV) between steel giant ArcelorMittal and state-run SAIL will be operational by December this year, Steel Minister Chaudhary Birendra Singh said today. Minda Ind to acquire Roki Japan's 49% stake in JV for Rs 43cr New Delhi, Aug 11 () Auto components maker Minda Industries will acquire 49 per cent stake of Roki Japan for Rs 42.97 crore in a joint venture that its parent group UNO Minda has with the Japanese firm. Vedanta merger: Cairn calls shareholders' meeting on Sep 12 New Delhi, Aug 11 () Cairn India has called a shareholders' meeting on September 12 to seek approval for the company's takeover by its parent Vedanta Ltd under a revised all-share deal. More Delhi News»

		Bangalore
		Infosys Foundation to give Rs 10 cr to martyred soldiers' kins Bengaluru, Aug 11 () Infosys Foundation has decided to give at least Rs 10 crore to the families of 800 soldiers who have sacrificed their lives in the defence of the country. Karnataka to recruit 20,158 police constables by mid-2017 Surveillance stepped up in Karnataka for Independence Day More Bangalore News»

		Hyderabad
		IT boom going bust now, says G Madhavan Nair Hyderabad, Aug 11 () Eminent space scientist G Madhavan Nair said today the IT boom is going bust with increasing automation leading to shrinking employment opportunities for freshers even as he favoured Indian companies focussing on creation of high end jobs and the domestic market. Granules India Q1 net profit rises by 37% to Rs 39 crore Hyderabad, Aug 11 () City-based pharmaceutical manufacturing company Granules India Ltd today said its net profit for the quarter ended June 30 rose 37 per cent to Rs 39 crore, compared to Rs 29 crore in the year-ago period. Nayeem paid with his life for threatening baron Threatening a top Telangana industrialist and real estate baron to give him Rs 50 crore was the final nail in the coffin for renegade Maoist Mohamed Nayeemuddin, who was otherwise roaming none too secretly in the state capital for the past few years. More Hyderabad News»

		Chennai
		Attack on women: Candlelight rally held in Chennai College students, homemakers apart and volunteers of the NGO participated at the rally, held near Marina Beach. 51 more courts in Tamil Nadu to be linked to prisons for video conferencing purpose The Tamil Nadu government proposes to set up video conferencing facilities in 51 courts across the state and linked them to prisons, said chief minister J Jayalalithaa said on Thursday. Investors not moving to Karna and AP: Jayalalithaa Chennai, Aug 11 () Chief Minister J Jayalalithaa today denied that investors or businesses were moving away from the state to neighbouring Karnataka and Andhra Pradesh and instead claimed that Tamil Nadu was a favoured investment destination. More Chennai News»

		Ahmedabad
		Worker chants Bharat Mata Ki Jai, gets notice from Korean firm Ahmedabad, Aug 11 () A South Korean company, which is engaged with state-PSU Gujarat Mineral Development Corporation (GMDC), caused a stir after its management allegedly slapped a notice on an Indian employee for chanting "Bharat Mata Ki Jai". Selfie with cobra costs man Rs 25,000 Vadodara-based Yashesh Barot, 29, was detained and fined by forest department after he put up the selfie on social media with a caption 'cobra for sale for Rs 1,000'. In Gujarat freedom from toll tax from August 15 More Ahmedabad News»

		Allahabad
		Allahabad HC directs UP govt to file report he Allahabad high court asked the Uttar Pradesh government on Wednesday to produce status report on the investigations into the Bulandshahr gang rape case. Abductors' link traced to murder in Allahabad The Jal Nigam engineer (section officer) Abdul Salim Faridi lives in Jal Nigam colony in Ghazipur police station area.He was reported missing from his house on August 8.He was last seen with an acquaintance. I-Day fervour in MNNIT Series Of Events Lined Up Ahead Of I-Day (154) More Allahabad News»

		Bhubaneswar
		BJD govt doing "petty politics" on Mahanadi issue: Congress Bhubaneswar, Aug 11 () Accusing the BJD government of doing "petty politics" on the Mahanadi river water issue, Congress today said though Chief Minister Naveen Patnaik had promised 15 years ago that Odisha would not allow Chhattisgarh to construct dams without consulting it, he was now claiming Sea to turn rough to very rough in Odisha coast: IMD Bhubaneswar, Aug 11 () With the deep depression over Bangladesh and West Bengal moving northwestwards and laying centered at about 280 km from Balasore, the IMD today said the sea would turn rough to very rough in Odisha coast and heavy to very heavy rainfall is likely in one or two places in the Farmers oppose barrage over Ib river near Sundargarh boundary Farmers of Sundargarh and Jharsuguda have protested against the construction of another barrage on the Ib river, the lifeline of the districts, on the Chhattisgarh-Odisha border. More Bhubaneswar News»

		Bhopal
		No ban, but Ola, Uber given 30 days to clean up act Madhya Pradesh DGP to have an official Twitter handle from I-Day Madhya Pradesh director general of police (DGP) Rishi Kumar Shukla will soon have a new social media interface for a quick and prompt response with an official twitter handle. His Twitter debut will be on August 15, said sources. Ex-armymen to administer hospitals Health department is looking for ex army personnel to fill in hospital administration jobs in all 51 district hospitals of Madhya Pradesh. The move comes after opposition to appointing state service officers for the same position. More Bhopal News»

		Chandigarh
		Punjab flour mills claim wheat shortage Chandigarh, Aug 11 () Punjab roller flour mills today claimed they were facing shortage of wheat, accusing Food Corporation of India (FCI) of "irrational" policy in distributing crop this year to the millers under Open Market Sale Scheme (OMSS). Our campaigners being falsely charged with terrorism: Sikhs for justice Non-performing MLAs can be dropped from poll list: Capt Punjab Congress president Captain Amarinder Singh has hinted that some sitting party MLAs could be dropped when tickets are given for the forthcoming state assembly elections. More Chandigarh News»

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