CONSUMER ISSUES


MDT/PTI 23 October 2012
The Federation of Apartment Owners Association aims to provide information to flat buyers about rules and regulations against exploitations of the developers or builders New Delhi: Flat owners associations of several real estate projects in Gurgaon, including those of DLF and Unitech,...

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MDT/PTI 22 October 2012
Justice Shah Panel has suggested that publication of personal data for artistic and journalistic purposes need not be considered as infringement of privacy under the proposed legislation.   New Delhi: Journalistic activities should be kept out of the purview of the proposed right to...

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MDT/PTI 22 October 2012
Agent of HDFC Standard Life Insurance told the NRI that it was a single premium policy but later on it was found that it was a yearly premium policy with Rs5 lakh to be paid annually Chandigarh: Insurance Ombudsman in Chandigarh has asked private insurer HDFC Standard Life Insurance to...

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MDT/PTI 19 October 2012
The National Consumer Forum said letters sent through speed post are always urgent and emergent and if there is delay due to some agitation, it is the duty of the state to find out some other method to prevent the delay New Delhi: The Postal department is duty bound to ensure that...

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MDT/PTI 19 October 2012
The control room with a toll free number of 1800 180 4343 would address and clarify various queries relating to acquisition of set top boxes, various schemes of purchase of STBs and package rates offered by MSOs New Delhi: To ensure seamless transition of cable services to digitisation...

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MDT/PTI 18 October 2012
The housnig society argued that the building firm failed to complete the lease deed and transfer deed formalities since 1988 which resulted in the stamp duty swelling up to Rs6.5 lakh   Thane: The District Consumer Redressel Forum in Thane has directed a building firm to pay...

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MDT/PTI 18 October 2012
The delivery man would carry weighing equipment and the LPG cylinder would be delivered to the customer after recording the actual weight of the gas in his/her presence, says an undertaking from the Petroleum Ministry   New Delhi: In a boost to consumer rights, the Supreme Court has...

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MDT/PTI 17 October 2012
The student allegedly hacked Punjab National Bank account of one person and purchased digital camera and other electronic goods worth Rs50,000, which were recovered from him by the Police Jaipur: A 20-year-old student was arrested for allegedly hacking a bank account and shopping...

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MDT/PTI 16 October 2012
Delhi resident Sunita Verma had alleged that her car, a Maruti Omni, bought on a loan from StanChart was taken away by the bank on default of payment and despite her paying the remaining amount the vehicle was sold New Delhi: The State Consumer Commission has dismissed a plea filed...

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R Gopalakrishnan 16 October 2012
The common person has been left far behind as complexities of financial products increase. Financial counselling is the need of the hour in our country The financial landscape has changed. It is not simple anymore. The common person who has difficulties in understanding the complexities...

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MDT/PTI 16 October 2012
RBI said it has not developed any software that can offer new online security protection as claimed in the fraud emails and the central bank never asks for any info from bank customers Mumbai: Cautioning the public against mischievous correspondence, the Reserve Bank of India (RBI) said...

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MDT/PTI 16 October 2012
The customer had alleged that he ended up paying more for his electricity usage due to delay of over a year by the discom in converting his connection to the domestic category   New Delhi: BSES Yamuna Power Ltd has been asked by a consumer forum to pay Rs2,000 as compensation to one...

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Vinod Kothari Vinod Kothari 15 October 2012
Some lenders are publishing photos of home loan defaulters, that too when the home is mortgaged with them and the borrower is reported to credit bureaus which ensures that he or she would not get funding from any legal sources   Several banks are publishing photos of borrowers who...

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Theodoric Meyer (ProPublica) 13 October 2012
With Facebook passing the one-billion user mark, ProPublica have rounded up the best reads on the company and privacy issues   Facebook hit the one-billion user mark last week, a little more than two years after it reached 500 million users. To mark the occasion, we've rounded up some...

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Moneylife Digital Team 12 October 2012
Consumer Affairs, a US-based consumer news and advocacy site says a coin seller on eBay found that the shipping insurance he purchased for numerous sales he did was worthless. Of course, he found this only after filing the insurance claim when there was an issue with...

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Harjot Kaur 12 October 2012
How about the idea of getting a home loan approved even before you have finalised the property? But is this free of all hassles? Are there any reasons for not opting for one?   Imagine yourself wanting to buy your dream home. You zero in the property and apply for a home loan. Now,...

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MDT/PTI 12 October 2012
Just 42% consumers across the country have heard about their rights and almost 50% of consumers are not even aware about government's 'Jago Grahak Jago' campaign   New Delhi: Only 20% of consumers in India are aware of the consumer protection law and just 42% of them have heard about...

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MDT/PTI 12 October 2012
The 11-member panel is expected to explore issues like developing viable and sustainable banking services delivery models and developing products and processes for rural as well as urban consumers outside the banking network   Mumbai: Amid slow progress in bringing the entire...

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MDT/PTI 12 October 2012
The branch manager of SBI sanctioned 42 personal loans out of which 27 were not repaid and four cases were found to be forged   New Delhi: A bank manger and a loanee have been arrested in the capital in connection with sanctioning of loans on forged documents, reports...

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Air India is raving about its new Boeing 787s.Will the Dreamliner change the airline completely?   There has been a lot of chatter in the aviation industry, particularly about Air India’s Boeing 787 ‘Dreamliner’ aircraft. Not just because Air India was one of the first customers,...

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