DAILY NEWS: OUR PICKS


Moneylife Digital Team 25 February 2013
While Ang Lee was adjudged the best director, the movie 'Life of Pi' won three other Oscars, for best original score, cinematography and special effects Taiwanese-American Ang Lee beat master directors like Steven Spielberg (Lincoln) and Michael Haneke (Amour) to take home the best...

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Prathmesh Bhargav 25 February 2013
While US, China, Israel and even smaller countries are busy in harnessing their youth to build something innovative, the Infosys, TCS, Wipro and others are just doing mundane tasks that the West thinks is not worth their time. That is fine, but are Indian IT companies then worthy of being...

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Moneylife Digital Team 23 February 2013
If the Nifty stays above 5,820, it will try to head for 5,950. A fall below 5,820 could be disastrous for the bulls The market settled lower for the fourth week in a row, this time on cautiousness ahead of the Union Budget and negative sentiments from the US. Key events to be watched...

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Several incidents and controversies in the recent past point to a missing link or a loop which allows miscreants in several fields to circumvent the rule of law and ethics even when they give an impression that everything they do is legally correct. This can be rectified by introducing...

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Sebastian Rotella (ProPublica) 23 February 2013
Despite extensive evidence and a US indictment, Pakistani authorities haven't moved to arrest accused masterminds in the 2008 massacre or explain the alleged involvement of officers in Pakistan's spy agency The 35-year prison sentence imposed on David Coleman Headley, a terrorist scout...

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The phenomenon of cellphones Times have changed—a lot—from the time Alexander Graham Bell invented the telephone to today, with cell-phones in the hands of everyone from school kids to farmers. To illustrate how far we’ve come over the past 100 or so years, at one point of time, the cost...

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Moneylife Digital Team 23 February 2013
In the second of this two-part series, Naveena Israni traverses the hills of Sri Lanka and sheds light on the country’s architectural, religious and cultural heritage In  our previous issue, we gave you general travel tips on Sri Lanka, followed by a tour of the beach town of Bentota and...

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Moneylife Digital Team 22 February 2013
Private sector entities or groups owned and controlled by Indian promoters with diversified ownership, sound credentials and integrity, and having a successful track record of at least 10 years, would be eligible for opening new banks The Reserve Bank of India (RBI) on Friday released...

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Third-party (TP) claims are undoubtedly a drain on insurance companies, primarily due to unlimited liability amounts, but should IRDA base the TP premium pricing on more than just engine cc? Your TP premium may be subsidising the commercial vehicles responsible for insurance companies’ losses

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Moneylife Digital Team 22 February 2013
Every day's delay in tightening the oversight on ammonium nitrate has had that much of a disastrous impact. Should the government once again fail to learn these lessons now and wait for the next blasts to occur, asks EAS Sarma Anguished over the loss of lives in the Hyderabad blasts on...

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Moneylife Digital Team 22 February 2013
Properties and even the headquarters of Aftek, the Ranjit Dhuru promoted company are under the hammer since last year. However, the lenders still cannot find a buyer. Aftek is another one of Ketan Parekh's 10 stocks which have self-destructed Aftek (erstwhile Aftek Infosys), one of 10...

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Moneylife Digital Team 22 February 2013
Yesterday, we had mentioned that the Nifty’s support is at 5,820. Today, the benchmark made a low of 5,836. Yet, strong downward momentum is lacking   The market closed flat with a negative bias amid highly volatile trade as cautiousness prevailed ahead of the Union Budget and sluggish...

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Moneylife Digital Team 22 February 2013
The applicant made a charge of plagiarism about a thesis based on which an M Tech degree was awarded. While allowing the appeal, the CIC asked the PIO to provide a certified copy of the thesis. This is the 46th in a series of important judgements given by former Central Information...

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Moneylife Digital Team 21 February 2013
Nestle India has posted impressive net profit for the December quarter but the Europe horsemeat fiasco could affect its Indian operations or the brand image could take a beating. Not surprisingly, the fiasco found no mention in the Edelweiss’ analyst report Nestle India has performed...

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Moneylife Digital Team 21 February 2013
Expressing anguish, the CIC said the sequence of events displayed a pathetic admission of a complete lack of accountability and the incapability of the governance system to even know who is responsible for what. This is the 45th in a series of important judgements given by former Central...

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Moneylife Digital Team 21 February 2013
Every day 10-12 commuters die in Mumbai due to overcrowding in local trains. This can be stopped by implementing cyclic timetable that can reduce passenger load on each local train by about 30% to 40% and also cut the travel time by 20% to 25%. Activist Samir Zaveri has started an online...

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Moneylife Digital Team 21 February 2013
Yesterday we had mentioned that Nifty could still rise provided it does not close below 5,905. Today it fell below 5,905 in the first 10 minutes and then continued to fall. The next support is at 5,820   The market erased the gains accrued in the last three trading sessions on a...

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Moneylife Digital Team 21 February 2013
According to Edelweiss, cement prices increased by Rs5 to Rs70 in January, across the country. However, the current demand is much below the regular “busy season” phenomenon During January, cement prices across the country rose by Rs5 to Rs70, led by West Bengal, Bihar and Uttar Pradesh....

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PS Deodhar 21 February 2013
The biggest albatross around India’s neck, preventing its healthy manufacturing growth in the face of the globalization threat is the lack of efficient infrastructure. Lack of ability to face global competition and our failure to create the necessary infrastructure on the other, is indeed a...

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Moneylife Digital Team 21 February 2013
Motilal Oswal has come up with its quarterly review and is bullish about the future and expects the Sensex to grow at 16% CAGR till FY14, despite economic headwinds and deteriorating macroeconomic conditions With the third quarter earnings season more or less done, corporate India has...

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