DAILY NEWS: OUR PICKS


In India, laws and regulations are in place but implementation is abysmal. The enforcement machinery is extremely toothless. The miniscule penalties that are levied are not at all commensurate with the offence and ill gotten gains One fails to comprehend the soft peddling attitude of the...

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KK Sharma 07 November 2013
Nothing is known as to what either happened or is happening inside the regulatory bodies responsible for clearing the Jet-Etihad deal. What is clearly known is that it is pending before the Competition Commission for quite some time now. It may not be a big surprise if the 210 days time limit...

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Vinita Nair  and   Aditi Jhunjhunwala 07 November 2013
Considering that there are only around 5,800 Practising Company Secretaries or PCS in the country, each one will get to sign a reasonable number of annual returns, even if all such companies were to be distributed evenly. So all the practising professionals surely have a reason to cheer!

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Cora Currier (ProPublica) 07 November 2013
A guide to what's changed - and what hasn't - since the president laid out a plan for transparency and tighter guidelines on targeted killings November 6: This story has been updated to reflect new developments.   Nearly six months ago, President Obama promised more transparency...

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Akshay Gupta 06 November 2013
Major expenses are mostly pre-planned. If they are unplanned, they may cause a deeper hole in our pocket that may be difficult to stitch quickly unless you follow simple and basic principles of investing throughout A major expense may not only set us back financially but also...

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Moneylife Digital Team 06 November 2013
With growth momentum yet to see a pick-up, margins for Jubilant FoodWorks continued to be under significant pressure during the September quarter. Yet its share price jumped over 16% on Tuesday just because it decided to increase product price? Jubilant FoodWorks Ltd (JFL), which runs...

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Moneylife Digital Team 06 November 2013
Proceeding in an adjunct matter highlighted the need for certain proactive disclosures by the public authority like the University of Delhi. This is the 188th in a series of important judgements given by former Central Information Commissioner Shailesh Gandhi that can be used or quoted in an...

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What is of greater significance is the slipshod way the onion trade is left in an uncontrolled fashion by the government! The party that can assure and deliver the supply of commodities at fair prices will succeed in the ensuing election Assembly elections are due in five states,...

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Charles Ornstein (ProPublica) 06 November 2013
A former federal health official says consumers in the individual health-care market deserved more of a heads-up about what was coming under Obamacare There seems to be no letup of bad news on the Affordable Care Act. Yesterday, Healthcare.gov, the problem-plagued federal health...

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Here are five key constituents of financial literacy which investors needs to equip with, in order to become financial literate Financial literacy is the key to the empowerment of investors and helps in developing a healthy financial system. It has been often seen that in absence of...

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The focus of REIT in India will be on completed revenue generating properties and less exposure to mortgage backed securities. Atleast 75% of the revenues of the REIT shall be from rental, leasing and letting real estate assets at all times. Minimum subscription size shall be Rs2 lakh A...

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Moneylife Digital Team 05 November 2013
The CIC said the information sought by the appellant must be provided and MCD must ensure that it must available suo moto in fulfilment of its duties under Section 4 of the RTI Act. This is the 187th in a series of important judgements given by former Central Information Commissioner Shailesh...

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Charles Ornstein (ProPublica) 05 November 2013
Inside the Obama administration, political considerations slowed development of the health care exchanges. Or was it a blanket of Republican opposition around the country? This weekend brought more than a modicum of clarity to what happened behind the scenes in the run-up to the Oct. 1...

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Some applicants may have proposed or indicated their plans to take over or buy out some of the smaller banks in existence; or even have had 'secret' talks for mergers. If such offers are part of the applicant's ‘mission’ to improve and reach out to the rural areas, including extending service...

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Buying a mobile handset is not rocket science. A little adjustment in the budget and preferences will help you get the best deal, not just this Diwali, but at every shopping opportunity So you have finally decided to gift yourself a brand new mobile this Diwali. However, with so many...

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Does the BJP's prime ministerial candidate know that neither Congress's prime minister nor its undeclared prime ministerial candidate have been biometrically profiled so far? It appears that Narendra Modi was taken for a ride but he must explain as to why he subjected himself to the ignominy...

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The government needs to re-establish that it truly wants international organisations to come into the country and work, hassle-free, in the oil and gas sector In the last few weeks, there have been important developments relating to the oil industry. The tug-of-war between Reliance...

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Following the recommendations of Rangarajan Committee, Karnataka took the lead in setting up Sugar Control Board to fix cane price based on prices realised for sugar and allied products. But the process for fixing sugarcane prices has not been smooth so far For the 12 months ending in...

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Dr SD Israni 31 October 2013
Do the members really make use of the annual opportunity to question the management or is the AGM simply a ritual performed to fulfil legal obligations? One of the important necessities of a company registered under the Indian Companies Act (the Act) is that it has to hold at least one...

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The second-hand car market in India is picking up and becoming more lucrative. Plus, comments on Hyundai i10 and the much awaited Royal Enfield Cafe Racer. Anew hatchback today will cost you Rs10 lakh or more, depending on the configuration. A second-hand one with similar specs, around...

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