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Major News and Events of 06 January 2016

What Happened on 06 January 2016


Mumbai Property Prices may fall by 20 percent

India’s financial capital Mumbai would soon witness builders offering a 20 per cent discount on property prices to potential home buyers. With lesser number of permissions required and a nominal time of only 60 days being fixed for passing a file, Mumbai builders are more than willing to pass on benefits to their customers by an impressive 20 per cent. The reduction of new permissions from 119 to 59 would directly cut down the cost spent on every square foot, from Rs 800 to Rs 700 per square foot.

Asus ZenFone Zoom to hit markets by end January

Asus is gearing up to launch its photography-focused ZenFone Zoom smartphone in India, this January. Key features available with the phone include a 3X optical zoom, laser autofocus, a 13-megapixel camera, 1 quad-core processor, a 10-element lens with OIS and 4GB of RAM. With a thickness of just 11.95mm, the Asus ZenFone Zoom is set to become the world’s thinnest 3X optical smartphone offering up to 12X zoom-in effect.

Dhoni hides his retirement plans

Indian Skipper Mahendra Singh Dhoni has chosen to keep mum on the question of his retirement. In addition to praising the latest cricket heartthrob Pranav Dhanawade, Dhoni indicated all his focus and energy are being directed to the World Twenty20 and he isn’t thinking anything beyond that. India’s limited-overs captain has been a matter of discussion, following a string of poor performances by India.

Siti Cable Network plans to raise Rs 680 Crore

Today, the Essel group firm Siti Cable Network informed about its plans to raise a whopping Rs 680 Crore via issuance of warrants and optionally fully convertible debentures (OFCDs) to their promoter firms. Additionally, Siti Cable is also planning to acquire equity stake in seven small companies with its board having approved the acquisition of 100 per cent stake in Variety Entertainment Pvt. Ltd, 76 per cent stake in SCOD 18 Networking Pvt. Ltd. and 51 per cent stake each in Sai Star Digital Media Pvt. Ltd, Bargachh Digital Communication Network Pvt. Ltd. and Krishna Teja Digital Entertainment Pvt. Ltd.

Sanjay Dutt to be released on 27 February 2016

Currently serving his six years' imprisonment sentence, actor Sanjay Dutt will be released from Pune’s Yerwada Jail on 27 February 2016, around seven months ahead of time. The actor would be getting reprieve on account of good behaviour. Sanjay Dutt, aged 56, was found guilty in 2007 of acquiring illegal weapons from people involved in the 1993 attacks. A special court set up under Terrorist and Disruptive Activities(Prevention) Act, or TADA passed a ruling against the actor and sentenced him to serve a prison term of six years.

Aamir Khan no more a part of Incredible India campaign

Last year in the month of November, the Dhoom 3 actor Aamir Khan had invited controversy by saying that his director wife Kiran Rao was considering moving out of India (with Azad, their son) due to the prevalence of an atmosphere of “intolerance”. Although the actor later clarified that neither he nor his wife had any intentions of leaving the country, the Tourism Ministry took an abrupt step of removing Aamir Khan as the brand ambassador of Incredible India - the country’s international marketing campaign to promote tourism in India to a global audience.

Kolaveri Di-fame Dhanush starts shooting for Kodi

Dhanush, the singer of globally popular song “Why this Kolaveri Di” has teamed up with Trisha Krishnan and Shamlee for his upcoming Tamil political thriller Kodi. Directed by Durai Senthil Kumar, the flick will have actress Trisha Krishnan playing a negative role. After wrapping the shooting schedule for Kodi, the Kolaveri Di singer will head on to kick start the shooting for ‘Vada Chennai’ which will see him in the role of a gangster.

Insulting Pathankot Martyr lands Kerala Man in Jail

Twenty-four-year old Anwar Sadiq was arrested in Kerala for posting insulting remarks about the National Security Guard commando Lieutenant Colonel EK Niranjan, who died a martyr in the counter-offensive against the terrorists at the Pathankot air base on Sunday. The accused had created a Facebook profile with a fake name and claimed he was a journalist with the Madhyamam Daily.

Sensex to open flat, indicates Nifty Future Trading

The continued selling of Indian shares by the foreign investors is likely to make the Sensex and Nifty open flat. In addition to sold cash shares worth Rs 352 crore recorded yesterday, even the domestic investors turned to be net buyers by purchasing cash shares worth Rs 13 crore. The rupee also opened lower at 66.70 per dollar as compared to yesterday’s close of 66.59.

Splitsville for Raghu Ram and Sugandha Garg

After finding it tedious to strike the right balance between professional and personal life, the star-couple Raghu Ram and Sugandha Garg have decided to separate after almost ten years of marriage. While the 38-year old singer-actress Sugandha has confirmed the news, the producer-cum-former host of MTV Roadies and MTV Splitsvilla Raghu Ram has refrained from commenting on the matter.