DAILY NEWS: OUR PICKS


Divya B Malcolm 19 March 2014
A very basic and preliminary due diligence on property title can be carried out by the buyer herself before appointing a lawyer At the Moneylife seminar ‘Invest Profitably in Stocks & Bonds’, many asked why not ‘real estate’?  During the four-hour session, Debashis Basu, editor &...

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Shambo Dey  and   Prachi Narayan 19 March 2014
In absence of a distinguishing factor, the underlying principle of class action gets frustrated and nullified. The Companies Act, 2013 confers rights upon members and depositors to initiate two proceedings with regard to the same subject matter. This is second part of a three part series

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On Tuesday, Moneylife ran a story on how touts are making a fast buck through Tatkal online appointments for passports. Within 24 hours a VP of TCS, which is in PPP with the government’s Passport Division, promises to address the issue The story on how passport agents in Pune are...

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Can Coal India be restructured into smaller independent units, in order to ensure serious competition and to ensure production and development of coal resources in the country? According to statistical data available, Coal India is heading towards a fall in production during this fiscal,...

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Moneylife Digital Team 18 March 2014
Nandan Nilekani, while heading Infosys, never had second thoughts on recruiting people other than those who secured the highest grade. However, he is now all for reservations and wooing 'poor' voters Many people are surprised at the rapid conversion of Nandan Nilekani, the former head...

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Small businesses contribute 45% to India’s national income and big businesses only 15%. But it is the latter that the media fawns over Until India embarked on economic liberalisation, government officials, especially in Delhi, took a perverse pleasure in keeping industrialists waiting in...

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Justice (retd) Rajindar Sachar 18 March 2014
The Parliament could have passed some of the pending Bills, including the Grievances Redress Bill and the Whistle-blowers Bill. However, the self-flagellation and ego of the Congress combined with antics of the Opposition turned everything topsy-turvy There was recently a frantic race...

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If the new government is any different, the market would soar The market has run up a lot over the past fortnight, anticipating the exit of a government that has attracted widespread criticism for policy paralysis and corruption, and expecting the entry of a leader who will,...

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Shambo Dey  and   Prachi Narayan 18 March 2014
Class actions under Section 245 of the new Companies Act, 2013 are evidently distinctive and separate and were brought in as additional tool for investor protection. This is first part of a three part series Very generally speaking, class action suit is a lawsuit that allows a large...

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Default of one small solar company or one medium sized steel mill does not foretell an immediate collapse of the Chinese bond market. But it is a very clear warning of its direction It finally happened. A Chinese domestic bond has defaulted. It was the first default since the Chinese...

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Moneylife Digital Team 15 March 2014
At a Moneylife event, where all the seats were booked, Debashis Basu, explained in detail all the things that a saver needs to know about how and when to invest in stocks and bonds   With the BSE Sensex near its all-time high, and with bonds yields currently above 8.50%, is it the...

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Moneylife Digital Team 15 March 2014
Under pressure from the regulators, HSBC has settled and closed its five year old dispute with singer-actress Suchitra Krishnamoorthy. While the settlement does not permit her to reveal the amount, we learn that this case of gross mis-selling and customer abuse has been amicably closed....

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Voters should involve more in the electoral process right from the selection of candidates by political parties to make the need to use NOTA button redundant The promise to raise health spend to 3% of gross domestic product (GDP) from the present low of 1.2%, which is a likely priority...

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Why Indian carriers are indulging in price wars, instead of considering the options of reductions in flight or even cancelling those that are loss making sectors? Once again, domestic airlines in India have gone into a price war on offering economic and attractive prices to air...

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Paul Kiel (ProPublica) 14 March 2014
The investigation by US Consumer Financial Protection Bureau follows a ProPublica story that detailed the company’s lending practices World Acceptance Corp., one of the largest high-cost installment lenders in the United States, disclosed today that it is the target of an investigation...

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Moneylife Digital Team 14 March 2014
UK’s Financial Conduct Authority is using insights from behavioural economics for consumer-focused regulation The Financial Conduct Authority (FCA), a regulatory body in the United Kingdom, in its first occasional paper, “Applying Behavioural Economics at the Financial Conduct...

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Naveena Israni 13 March 2014
If there’s one city on earth that knows how to ‘live the crazy life’, it’s Madrid. Naveena Israni explores the passion and vibes of this effervescent city For years considered the ugly stepsister of beautiful Barcelona, Madrid has finally come into its own. It has emerged as the beating...

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Domestic steel and sponge industry is not able to obtain raw materials; export of low grade iron fines from Goa cannot take place until legal issues are resolved while the little shipments of pellets now cannot be exported due to additional duty Indian iron ore exports, prior to the...

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It is absolutely necessary for the I-T department to come out with clear guidelines as to whether this LPG subsidy amount deposited in the bank accounts of some consumers is exempted from income tax. People who received LPG subsidy in their Aadhaar linked bank account are confused Much...

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Moneylife Digital Team 13 March 2014
A year after Bill Ackman’s detailed public presentation about Herbalife being a pyramid scheme, the FTC which oversees consumer interests, has finally acted US Federal Trade Commission (FTC) has launched an investigation into the operations of Herbalife, the multi-level marketing (MLM)...

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