DAILY NEWS: OUR PICKS


17-year-old saga comes to an end It has become routine for litigants in India to experience the truth that delay in justice not only denies them their rights but, at times, can lead to unexpected disastrous consequences. While it is common to find under-trials languishing in jails...

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Joaquin Sapien (ProPublica) 09 April 2014
Jonathan Fleming and his family were overjoyed after the Brooklyn District Attorney dismissed murder charges against him based on evidence withheld at his 1990 trial. In a hearing that lasted less than 15 minutes, Jonathan Fleming's more than 24 years in prison came to an end. The 1990...

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Moneylife Digital Team 08 April 2014
In a case of taking investors for a ride in Bhuj district of Gujarat, the NCDRC asked the developer to get the land converted into non-agricultural land and handover the plots to buyers through execution of sale deeds   In a hard hitting judgement, the National Consumer...

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Ancient Indian facts are being forgotten and the younger generation, drunk with modern technological feats, seems to have forgotten all our scientific feats which are, in fact, the basis of most western scientific achievements   “It is through science that we prove, but through...

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Strange as it may sound, but the PMO transferred an RTI application seeking correspondence about Nandan Nilekani’s resignation as chairman of UIDAI, to the Election Commission! The EC doesn’t even have a locus standi in the matter   “A commercial company enslaved a nation comprising...

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Nivedita Shankar 08 April 2014
Section 74 and 75 of new Companies Act classify any default in repayment of deposits accepted before the enforcement of Act, as liable to be termed as fraud under section 447 if it can be proved that the intent behind accepting such deposits was to defraud depositors   The Companies...

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Nina Martin (ProPublica) 08 April 2014
The ruling means that the woman whose drug use had her facing a possible life term can at most be charged with manslaughter in the death of her stillborn daughter    A Mississippi judge has thrown out murder charges against a young woman in the 2006 death of her stillborn child, a...

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Debashis Basu  and   Pratibha Kamath  and   Vishrut Patel 07 April 2014
Over six trading days, prior to the announcement of its acquisition by Sun Pharma on Monday, Ranbaxy shares rallied 34%. Could it be a case of insider trading? On 7th April, Ranbaxy Laboratories Ltd (Ranbaxy) announced about its acquisition by Sun Pharmaceutical Industries Ltd (Sun...

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Malnourished children should not be given vaccination as their immune system cannot respond with antibodies which are proteins “If liberty means anything at all, it means the right to tell people what they do not want to hear” — George Orwell Vaccination is for the whole society...

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Kara Brandeisky (ProPublica) 07 April 2014
All the plans purport to end the bulk phone records collection program, but there are big differences Ten months after Edward Snowden's first disclosures, three main legislative proposals have emerged for surveillance reform: one from President Obama, one from the House Intelligence...

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Lack of liquidity, dodgy loans and the lack of a central government guarantee is a sure fire recipe for a collapse. The question is not whether there will be more runs on small banks like Jiangsu Shenyan Rural Commercial Bank. The question is whether there will be enough of them to...

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RBI must reconsider the present applicants and, possibly, have specific discussions in areas of operation and how soon they can achieve the goal of ensuring opening of branches and making available banking operations in small villages and towns, across the country After a nine month...

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Usha Ramanathan 07 April 2014
When asked how Nilekani-led UIDAI could let foreign companies get their hands on the data, we are told that they had no means of knowing that they are foreign companies! Why, then, are there those who mourn the disintegrating and, hopefully, the demise of this project? Here is a question...

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Moneylife Digital Team 04 April 2014
There are hundreds of financial products under different asset classes. Do we need all of them? Debashis Basu, editor, Moneylife, at an exclusive Moneylife Foundation seminar explained how to cut out the clutter Research shows that, the more the choice, the less is our ability to choose....

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Not many people realise that there are better options than bank fixed deposits. Here are some of the little-publicised options Avinash Deshpande (name changed) is a traditional saver in nationalised bank fixed deposits (FDs). He works in a software company, earns a good salary and so is...

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Since 1953, the Tata group has been trying to get back into aviation. Now it is ready with not one but two partners, Singapore Airlines and Air Asia to take the skies again. The re-entry of Tatas also brings some sense of relief and responsibility in the airline business The Tatas love...

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Hitisha Jain 04 April 2014
Crucial to rehabilitation of paraplegics is emotional and psychological support, finds Hitisha Jain You never know where fate can lead you. A fraction of a second could confine you to a life on a wheelchair. Paraplegic Foundation works for paraplegics. This permanent disability usually...

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TruthInAdvertising.org 03 April 2014
Stansberry & Associates removed hundreds of testimonials and posted a disclosure on its website that trading stocks is risky and that past performance is no guarantee of future results The testimonials on the Stansberry & Associates Investment Research website were quite intriguing....

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Following the breakup of a JV between Uralkali and Belaruskarli, China managed to secure potash at $305 per tonne. India too followed the suit and clinched a deal at $322 per tonne from Uralkali for 8 lakh tonnes of potash For the first nine months of fiscal year, 2013-14, covering April...

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Shampita Das 03 April 2014
The entire list of charges requiring registration has been done away with the issuance of final Rules on Chapter VI of the Companies Act. In the absence of the list, all charges and pledges would now require registration with the Registrar With 283 sections of the Companies Act, 2013...

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