DAILY NEWS: OUR PICKS


Nidhi Jain  and   Piyush Sinha 27 September 2012
It is good that the benefit of investment in infrastructure bonds is being extended to charitable/religious trusts. However, a clarification from CBDT is expected as to why the benefit u/s 80CCF is not extended to the current fiscal for individuals and HUF For attracting investment in...

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Harjot Kaur 27 September 2012
The risky business environment does not make it good enough Muthoot Finance, a non-banking finance company (NBFC) primarily providing gold loans to individuals is looking at raising a corpus of Rs2,500 million through an issue of non-convertible debentures (NCDs). The NCD issue offers...

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BehindMLM.com 27 September 2012
The Supreme Court order pretty much blows most of the myths Speak Asia’s senior panellists have used to keep the rumour alive that Speak Asia was going to restart its Ponzi scheme if panellists’ only remained patient   Seemingly out of the blue, last Friday, writ 383 which had been...

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Cora Currier (ProPublica) 27 September 2012
Federal watchdog in the US says the mortgage giant had no coordinated plan to bet against homeowners, though Freddie Mac held billions of dollars of investments that paid off if borrowers stayed stuck in high-interest loans Mortgage giant Freddie Mac did not keep homeowners trapped in...

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AK Ramdas AK Ramdas 27 September 2012
We need to question the criteria for the status of being a permanent member of the UNSC. If any set of rules is made, India would surely meet with the requirements   Once again, India is making the valiant attempt to become a permanent member of the United Nations Security Council...

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Vivek Sharma Vivek Sharma 27 September 2012
Different schools of thoughts have specified different factors that make an impact on the stock market. Among the most important are economic policies in shaping the stock market     What makes stock market go up and down? There is no precise answer to this question. Though...

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Nidhi Bothra 26 September 2012
What are the salient features of the new FDI policy for retail? Here are all the key questions and answers    After substantial amount of politicking, the government recently notified the opening up of FDI (foreign direct investment) in multi-brand retailing in India. In 1991, when...

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Moneylife Digital Team 26 September 2012
If the Nifty closes below 5,630, the index may go sideways   The range-bound market closed marginally in the negative a day ahead of the F&O derivative expiry in the absence of any triggers and fresh concerns from Europe. After making a lower high and a lower low the Nifty ended...

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Moneylife Digital Team 26 September 2012
At a Moneylife Foundation seminar on SEBI’s new mutual fund regulations, participants were taken through the import aspects of the new rules and how the increase in expenses would impact their mutual fund investments   From 1st October 2012, the expense ratio of mutual funds may...

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AK Ramdas AK Ramdas 26 September 2012
It is inconceivable that a woman, supposedly mentally unstable, first checks into an ISRO campus guest house, and next day visits the headquarters and nobody knew anything about it. A lot of questions need to be answered   It is inconceivable that a woman supposedly mentally unstable,...

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Cdr SS Kumar 26 September 2012
Be aware, companies are once again raising money through unsecured NCDs and they are being hawked by well-known market intermediaries. At a time when the government and its regulators are doing their best to lure investors into the capital market, it makes good sense to look in the rear-view...

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Moneylife Digital Team 25 September 2012
With Ajit Pawar’s resignation, the first wicket is down in Maharashtra’s ruling coalition amidst allegations of a huge scam of Rs72,000 crore in the irrigation department. But what about other scandal-hit leaders like Patel, Bhujbal and Tatkare? Following allegations of a Rs72,000 crore...

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Moneylife Digital Team 25 September 2012
Information is the fourth pillar of Indian democracy, claimed Pitroda in his Twitter conference. But he admitted that he had no clue on what information can be shared with public. That is up to the respective government departments!   The much-touted about, first ever press conference...

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Wing Commander (Retd) CR Mohan Raj 25 September 2012
An army officer narrates his harrowing tale of how his life savings got wiped out at Motilal Oswal, his victory in consumer courts and how SEBI took the brokers’ side despite clear grounds of fraud and forgery. And SEBI is supposed to protect investors’ interests! The very first sentence...

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AK Ramdas AK Ramdas 25 September 2012
The writer looks at the policy decision of allowing FDI in aviation and its implications on the industry It is exactly ten days since prime minister Dr Manmohan Singh made the bold announcement permitting 49% foreign direct investment (FDI) in aviation apart from FDI entry into...

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EAS Sarma 25 September 2012
It is evident that if at all the oil companies are incurring notional losses vis-a-vis the “trade parity” price they would have got; it is largely a result of the heavy taxes levied more or less equally by the Centre and the states on diesel. In other words, both the Centre and the states are...

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Gurpur Gurpur 25 September 2012
The government has put in place a very complicated system of RGESS, which is likely to be a non-starter from day one, as the pain of complying with the formalities is more than the pleasure of saving a maximum amount of Rs5,000 from the scheme The broad contours of proposed Rajiv Gandhi...

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Prof Dr BM Hegde Prof Dr BM Hegde 25 September 2012
The advantages of psychotherapy far outweigh the drug therapy but the powers that be are disinclined since the drug lobby runs the medical world today “No further evidence is needed to show that “mental illness” is not the name of a biological condition whose nature awaits to be...

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Moneylife Digital Team 25 September 2012
The nation has been gripped by rapid-fire economic reforms unleashed by the Congress-led UPA government. But a lot of these recent measures will lead to higher inflation in India, dimming the hope of cheaper credit and higher growth Over the last few days, the government has announced a...

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Moneylife Digital Team 24 September 2012
Political turmoil is not the only consequence of rapid reforms in government policy. It is not good for the economy or for corporate earnings, says the BNP Paribas equities research report The UPA (United Progressive Alliance) has lost a key ally in the coalition, the TMC (Trinamool...

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