DAILY NEWS: OUR PICKS


Divya Malcolm 13 December 2013
In which Suchitra Krishnamoorthi bares the frustrations of celebrity single Indian woman Suchitra Krishnamoorthi cries out as loud as possible in her book, Drama Queen, that, true to her genes, she has got brains. With equal sonority, she wallows in frustration over 228 pages. It is one...

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Homespun investment wisdom described through lessons imparted to four fictional young adults The important tenet of financial planning is to start saving and investing as early as possible. Many investors usually start when they are in their 30s; some begin in their 40s. Many young...

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Moneylife Digital Team 12 December 2013
Michael Ferreira, the former billiards champion and recipient of Padma Bhushan is the founder of 'Team Faith' that is involved in hard selling the QNet scheme across India and Egypt The economic offenses wing (EoW) of Mumbai police has summoned Michael Ferreira, the former billiards...

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Inflation Indexed Bonds is a welcome option for long-term conservative saver. Find out how the early redemption penalty compares with premature withdrawal penalty of bank FDs. Should you dump bank FD and go for these bonds? Can you use it for retirement planning?   Inflation Indexed...

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Dr SD Israni 12 December 2013
SEBI has mandated that stock exchanges has to put in a system to monitor and review compliance of listed companies Listed companies are expected to comply with various rules and regulations. In fact, the market regulator, Securities and Exchange Board of India (SEBI), has stipulated...

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A guide to being auto savvy and what you should know while filling up petrol We are back to the day and age of not knowing what is really going into our fuel tanks because of the unchecked quality of fuel supplied at filling stations. The marker system for differentiating genuine and...

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Moneylife Digital Team 12 December 2013
The Centre's overarching agenda to make Aadhaar a success by forcing people to withdraw money from ATMs under a diktat from RBI is being opposed by bankers due to huge cost involved. Several consumer activists and NGO, including Moneylife Foundation also sent a memorandum to RBI governor on...

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N Madhavan 12 December 2013
Umang Foundation is an initiative to spread joy and happiness among the needy by encouraging voluntary work Umang in Hindi means joy and happiness—that is what Umang Foundation  strives for. It works with the more modest goal of bringing about a positive change in the life of as many...

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Moneylife Digital Team 11 December 2013
Mr Sarma, former union secretary has asked every case of corporate debt restructuring-CDR to be investigated by CVC or CBI as he feels restructuring of bad loans are mostly the outcome of collusion among politicians, PSU banks and industrial houses EAS Sarma, former secretary to the...

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Iran is the largest producer of natural gas and efforts are to be made to increase trade in this area A giant step towards peace and tranquility was taken when six world powers signed a historic nuclear deal with Iran last month. This interim pact between Iran and US, France, Germany,...

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Moneylife Digital Team 11 December 2013
The income tax department has eased its lengthy process by enabling online correction of PAN and Challan via TRACES website Income Tax (I-T) Department’s has eased the process of correction or modifications in PAN and challan. The TDS reconciliation analysis and correction enabling...

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The biometric technology vendors have admittedly built their coalition to outwit progressive movements as part of their divide and succeed strategy wherein organisations of both left and right hues have been persuaded to act like their mouth pieces or maintain studied silence Endorsing...

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The conventional approach to treating diabetes, cholesterol and high blood pressure has done little to prevent heart attacks and strokes From heart surgery to prostate care, the medical industry knows little about which common treatments work; and the signs are not very encouraging....

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Moneylife Digital Team 11 December 2013
A new survey reveals a stunning lack of ethics, poor regulation and lack of knowledge of participants afflicting the financial services industry The financial services industry has an ethics problem, according to a new report published by Economist Intelligence Unit (a part of the The...

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Investing within the right price range will help you make the best of stocks. A useful guide to investing smartly As an investment analyst, it has been my job, and passion, to read annual reports of companies. The objective was one of the two: to figure out how good was their...

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Most actively managed equity schemes have similar portfolios, invest in index stocks and place similar sector bets While doing the Cover Story on best stocks in portfolios of mutual fund schemes, we came across some interesting facts about stock-picking by funds. Schemes invest in a...

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A burst of enforcement action in the past fortnight raised hopes of crackdown against notorious Ponzi and MLM schemes Ahuge burst of long overdue enforcement activity in the past fortnight raises hopes, for the first time, of some check on the mushrooming of dubious ponzi schemes, direct...

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Bank union, AIBEA, demands that banks recover bad loans from wilful defaulters Trade unions are usually quick to announce protests to demand higher wages or better working conditions. This time, however, the All India Bank Employees Union (AIBEA), one of the biggest employees unions in...

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Moneylife Digital Team 10 December 2013
On Monday the BSE Sensex has made an all-time high of 21,483. Prior to this, on 10th January 2008, it made a high of 21,206. Who were the winners and losers over these years? On Monday, the BSE 30-share Sensex made an all time high at 21,483, surpassing the prior high it made on 1...

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Bonds are market-linked instruments. Making money from bonds involves some amount of market-timing Shriram City Union Finance (SCUF) has launched its issue of secured non-convertible debentures (NCDs). SCUF NCDs will have annual coupon rate of 11% for a period of 36 months, 11.25% for 48...

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