DAILY NEWS: OUR PICKS


Vishrut Patel 03 January 2014
Stock exchanges and regulators only consider complaints related to listed companies. However, one can file a complaint about bonds, debentures and unlisted companies with the MCA. Here is a guide for you on filing complaints Moneylife receives a steady stream of complaints from people...

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Considering the hardship to mine labourers and their families, fall in export, starving of supplies to the domestic level, steel industry and miners are hoping for a positive reaction from the Supreme Court for Goa as well At the close of 2013, the good news is the lifting of the ban...

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Wherever direct cash transfer scheme based on Aadhaar was launched in the states that went for elections, Congress lost. Promises based on biometric Aadhaar are rooted in a make believe world to which Indian voters are allergic to, shows the recent assembly elections It is noteworthy...

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If Clinical Establishments Act is adopted in states like Maharashtra citizens could well be aware of the goings on and use it to their benefit of seeking the right kind of medical treatment and if eligible, get it free Like in many other cities, Pune, time and again witnesses campaigns...

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Moneylife Digital Team 02 January 2014
Mumbai Police have issued lookout notice against 10 people including QNet founder Vijay Eswaran and former billiards champion Michael Ferreira in the Rs425 crore QNet scam case The economic offences wing (EOW) of Mumbai police has issued lookout notices against 10 people including...

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Banks have benefited both in terms of garnering more deposits and lower cost of operations due to ATMs. But the benefits of such improvement in earnings of banks have not been passed on to the banks’ customers The security of banks’ customers who venture to draw cash from automated...

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Moneylife Digital Team 02 January 2014
Ajit Dayal, founder, Quantum Asset Managers, has lashed out against the market practices of HDFC Mutual Fund and other large players Recently, HDFC Mutual Fund took over the assets of Morgan Stanley Mutual Fund. While the reaction of various mutual fund heads was hardly worth noting,...

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Looking at the issues faced by MSMEs in borrowing money from banks, one really wonders why this happens when there is a code of banks commitment to micro and small enterprises Micro, Small and Medium Enterprises (MSMEs) are often hailed as the pillars of Indian economy. Their...

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Chandragupta Acharya 31 December 2013
Even for the same task, different people would demand a different level of wage. There is no way a government can decide what is the 'right' wage for a job. A uniform amount that applies to all the jobs is even more illogical Strange as it may seem, one reason for the tepid recovery of...

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What is being proposed by the likes of Pitrodas and Nilekanis through so-called transformational government project is to subjugate nation states and turn their citizens into subjects through social control technology companies "The right of the people to be secure in their persons,...

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Moneylife Digital Team 31 December 2013
Arindam Chaudhuri-led Planman Media had launched 17 magazines. It appears that just one out of the 17 is currently being published Arindam Chaudhuri-led Planman Media Pvt Ltd seems to have exhausted its resources to keep funding its many publications. Planman Media that once boasted of...

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In order to increase coal production, Moily must ensure that projects do not get inordinately delayed on the issue of clearances that apparently plague the industrial development, particularly in the mining industry With Jayanthi Natarajan leaving the ministry and Veerappa Moily taking...

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Moneylife Digital Team 30 December 2013
Would you like to save on mobile banking transaction charges? Then, you need to know that only four banks out of 59 banks charge customers for using the interbank mobile payment system and even NPCI charges just 25 paise per IMPS transaction from the remitter bank State Bank of India...

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The suggested timeline of 210 days for CDR has potential for misuse, especially when the original loan may have been sanctioned within less than 30 days. This will only give defaulters more time and escape route The Reserve Bank of India (RBI)’s draft paper on ‘Revitalising Stressed...

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Free money from the US Fed allowed Turkey, South Africa, India, Brazil, and Indonesia and others to run deficits as their higher interest rates created a demand for their bonds and currencies. Now that has reversed So far the markets seem to have taken the US Federal Reserve’s (Fed)...

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The government has finalised arrangements with some 23 countries with whom Indian importers and exporters can trade in local currencies, thus eliminating dependence upon third party currency like the US dollar   What is this Currency Swap Arrangement (CSA)? This arrangement, between two...

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Shyam Divan 30 December 2013
The Aadhaar project with its enormous potential of surveillance alters the relationship between citizen and state.  It tilts the balance so steeply in favour of government that a citizen whose biometrics are controlled by the State is permanently condemned to submission Before we get to...

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EAS Sarma 27 December 2013
The widespread public anger against the vulgarity of most politicians is increasing day by day. In the coming years, perhaps, there will be a churning of the political system that should bring out new models of people-oriented groups willing to enter the arena of politics and governance

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Moneylife Digital Team 27 December 2013
Cliff Asness, a well-known hedge fund manager who runs AQR Capital, lists his annoyances and debunks widely held investment beliefs   Clifford Asness, managing and founding principal of AQR Capital, a very well-regarded specialist hedge fund in the US, is an outspoken man who often takes a...

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Moneylife Digital Team 27 December 2013
IIM Ahmedabad has teamed up with Random House to publish a series of management and business books, under the ‘IIM Ahmedabad Business Books Series’, to bring their teachings to a wider audience. IIM Ahmedabad has teamed up with Random House to publish a series of management and business...

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