DAILY NEWS: OUR PICKS


TruthInAdvertising.org 08 July 2014
The FTC alleges that T-Mobile used third-party billing to collect hundreds of millions of dollars from customers by hiding unauthorized charges in their phone bills about premium texting subscriptions that cost $9.99 T-Mobile USA CEO John Legere was quick to skirt responsibility this...

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 Speedy trains from main city stations to sights in various historical places would be a boon to tourists and would become very popular Railway Minister, DV Sadananda Gowda will present his first budget on Tuesday and is widely expected to offer proposals that will ensure users get value...

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Moneylife Digital Team 07 July 2014
The wife and son of Subrata Roy Sahara have acquired citizenship of the Republic of Macedonia, a country in the central Balkan peninsula in South-East Europe, which is attracting foreign investment by offering citizenship, say reliable sources Sushanto Roy and Swapna Roy, the son and...

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It is clear that both India and China are keen on attaching greater emphasis to bilateral trade and are putting the geopolitical issues on the back-burner It may be a mere coincidence, but in the last few weeks, India received two special envoys, Russian Deputy Premier Dmitri Rogozin and...

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Michael Grabell (ProPublica) 07 July 2014
Janio Salinas was buried alive in sugar. A newly released accident report and an undercover investigation by Univision reveal the obstacles OSHA faces in its temp worker safety initiative. This story was done in collaboration with Univision. Inside the sugar plant in Fairless Hills,...

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Market-players are showing deep faith in Modi sarkar and don’t want to see the impediments coming in the Budget This column is about where the market is headed over the medium term. So, let me come straight to the point. One, this market remains a buy-on-the-dips market. Two, volatility...

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Buybacks have put US corporations deeper in debt. Net US corporate debt is a record $2.3 trillion, up 14% in the last year alone. The combination of too much debt, slowing earnings and expensive shares are slowing the buyback stampede The combination of free money and incentives for...

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RIL is shooting off legal notices at the media while government is not yet doing its bidding At its annual general meeting (AGM) in June this year, Mukesh Ambani spelt out the mega vision and global plans for India’s largest private sector company. Reliance Industries Limited (RIL) rides...

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A State CIC has no powers to even sanction a 'casual leave' of any Information commissioner. However, Maharashtra SCIC Ratnakar Gaikwad issued a transfer order to make Rajendra Jadhav, full time IC of Pune. Jadhav was the secretary to former president Pratibha Patil Rajendra Jadhav was...

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Moneylife Digital Team 04 July 2014
In what could be termed as the new kind of shareholder activism, Tata Motors' stakeholders, including institutional shareholders refused to ratify excess remuneration of about Rs20.28 crore to its executive directors Tata Motors Ltd, the country's largest vehicle maker, received a kind...

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Moneylife Digital Team 04 July 2014
Recent research shows that retirees with a rising equity allocation tend to be better off At retirement, the main source of income is from one’s financial assets that are accumulated through the working life. Financial assets can be fixed-income investments, like bank fixed deposits, but...

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TruthInAdvertising.org 04 July 2014
While L’Oreal advertised that its Youth Code would “crack the code to younger acting skin,’’ the FTC said the touted studies didn’t test the product or even one of its ingredients L’Oreal USA has joined a growing list of companies jumping on the DNA bandwagon promoting products it...

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The general feeling in the market circles is that influential traders in Nashik region are in collusion with wholesalers in a few selected cities who appear to be hoarding and release supplies by bottle-neck despatches to increase prices Exactly a month ago, on 2nd June, the modal price,...

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Moneylife Digital Team 04 July 2014
Fees matter, whether in bull markets or bear markets, shows a Morningstar study The latest study of mutual fund performance in the US, by Morningstar, once again, shows that the lower the fee, the better is the return. Grouping funds by asset class and then by expense ratio as of June...

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Hanqing Chen (ProPublica) 04 July 2014
Many companies track your behaviour and request information about you without explicitly asking for your permission. Here’s how to combat the trackers  Many sites (including ProPublica) track user behaviour using a variety of invisible third-party software. This means any time you visit...

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Moneylife Digital Team 03 July 2014
The proxy advisory firm also recommended companies set caps on executive remuneration, and limit the range of the board’s powers to decide compensation In India, pay packages for executive directors needs shareholders’ approval. But till now, managements have pushed shareholders to vote...

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Dalbir Chhibbar 03 July 2014
As india's population density increases, there is a need to create smaller administration units for better development only after taking consent of the citizens of the respective states The first States Re-organising Committee (SRC) divided India into 14 states and 6 union territories....

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Power shortage continue on one hand and oil prices are rising on the other. Although the Kudankulam nuclear power plant would help increase power supply to southern states, this also gives an opportunity for Tamil Nadu to expand  the 4 x 500 MW lignite based plant The oldest power plant...

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Shirish S Shanbhag 03 July 2014
Pension plans of insurance companies are bad deals. Here is a better option to accumulate your money over the years and withdraw it later Every now and then, we come across reports of new pension plans being launched by life insurance companies. In a previous issue, Moneylife discussed...

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Naveena Sadasivam (ProPublica) 03 July 2014
A Pennsylvania gas company offers residents cash to buy protection from any claims of harm For the last eight years, Pennsylvania has been riding the natural gas boom, with companies drilling and fracking thousands of wells across the state. And in a little corner of Washington County,...

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