DAILY NEWS: OUR PICKS


Moneylife Digital Team 15 March 2013
While one unit of the finance ministry want to penalise citizens for using cheque and cash, another unit believes in providing 2% incentives to encourage online transactions   The finance ministry wants to encourage the use of online payment systems. However, there seems to be two...

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K Saldanha 15 March 2013
Insurers regularly exclude charges to overstate potential returns. Appallingly, this deception is sanctioned by the regulator Unit-linked insurance plans (ULIPs), among the most disastrous financial products in the market, have always needed a push. Insurers historically ensured this...

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Bhamy V Shenoy 15 March 2013
Why the consumers are taken for a ride, while buying goods and services from the public, private and government institutions? Why the Consumer Protection Act has failed to usher in the much expected consumer revolution? What we can do to bring about real reforms Celebrating World...

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Investors cannot start with an assumption that every mutual fund scheme that they intend to invest in can beat inflation. Portraying mutual fund as a product capable of beating inflation to gullible investors is unfair Have you seen the advertisment campaign that Association of...

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Moneylife Digital Team 14 March 2013
The cable distributor along with 24 other entities including its CMD Sameer Manchanda and Network18 founder Raghav Bahl paid Rs4.93 crore to SEBI for settling various alleged violations committed by Den Networks during its IPO   Den Networks, along with 24 other entities, including...

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Moneylife Digital Team 14 March 2013
According to Nomura, domestic pricing trends, regulations, and performance in Africa will be the key drivers for Bharti Airtel. In addition, 'newsflow’, which has become a key driver of the company’s share, price far more than fundamentals even, is likely to continue and the stock would...

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The insurance regulator’s guidelines will see a push for selling policies with a term of 12 years or more as it keeps the intermediary commission intact. Surrender value is improved, but it may not be enough considering the gap with ULIP surrender value. Nothing much to cheer for consumers

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Old demons of surging prices, ballooning inventory levels and subdued demand returned to haunt the sector during the third quarter, says the real estate rating and research agency The third quarter of FY2012-13 saw the residential realty sector slipping into a lull once again. The market...

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Indian industry has by and large put in place systems and procedures for ensuring smooth transition of stewardship at the top. This advantage is not available for the political parties which decide the direction of governance and the legislative and executive hierarchy of India   Two...

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Moneylife Digital Team 14 March 2013
The PIO's rejection was completely wrong since there is nothing in the law or the rules preventing more than one citizen from submitting an RTI application, ruled the CIC. This is the 56th in a series of important judgements given by former Central Information Commissioner Shailesh Gandhi...

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Cora Currier (ProPublica) 14 March 2013
The White House announced 17 pardons on Friday. But Obama has still granted clemency at a lower rate than his predecessors On Friday, President Obama pardoned 17 people. But despite the new pardons, the Obama administration has still granted clemency more rarely than any president in...

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Moneylife Digital Team 14 March 2013
While Moneylife exposed how a MoF official asked govt banks to emulate HDFC Bank, Cobrapost exposes HDFC Bank helps money laundering! According a sting operation conducted by online magazine Cobrapost, HDFC Bank, ICICI Bank and Axis Bank, three of India's top private sector lenders, are...

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While ROE is the most important metric, here are a few more numbers to consider before selecting stocks to buy   I n a previous column, I had written about the importance of return on equity (ROE) and the fact that most MNCs have delivered on this front. The ROE approach helps us filter...

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Moneylife Digital Team 13 March 2013
Credit Suisse expects the supply glut pressure to ease up, with north India benefitting the most from the accretive price increase in cement. However risks like paying the penalty of $1.2 billion levied by CCI and government support remains  When the infrastructure boom was happening...

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The high-level meeting of Pune Passport Grievance Forum with senior-most officials of Tata Consultancy Services organised by Moneylife Foundation at its Mumbai office has raised some hopes for the generally harassed passport applicant    Tata Consultancy Services’ (TSC’s)...

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Moneylife Digital Team 13 March 2013
The FAA of ESIC wrongly denied information using Section 7(9) of the RTI Act. However, during the hearing before the CIC, the PIO agreed to allow the appellant to inspect transfer records and take photocopies of 10 selected documents. This is the 55th in a series of important judgements given...

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Moneylife Digital Team 13 March 2013
Though investments in tax-saving schemes increased over the previous month, sales of other schemes declined leading to a net outflow of Rs163 crore in February Equity mutual schemes have not witnessed a single month of inflow over the last nine months. The months of December 2012 and...

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Moneylife Digital Team 13 March 2013
Getcashforsurveys.com claims to provide thousand dollars a month by just filing online surveys once you pay its registration fee. However, according to ScamXposer, many companies like GetCashforSurveys are just collecting your personal data to sell to third parties Almost two years after...

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Tyres from sports utility vehicles add significant costs to your car maintenance Afriend of mine, who had bought one of those extremely popular low-cost utility vehicles masquerading as ‘sports utility vehicles’ (SUVs), learnt his lesson when it came to changing tyres. First of all,...

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The Companies Bill will be given more teeth with Special Courts and Mediation Panel One of the major weaknesses of the Companies Act, 1956 (the Act) is the excruciatingly slow prosecution process which gets further compounded by the equally slow legal process of the courts. For all...

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