DAILY NEWS: OUR PICKS


The industrial growth rate for May 2012 has been revised to 2.53% upwards, from the provisional estimates of 2.4% New Delhi: India’s industrial production has declined by 1.8% in June, mainly due to poor show by the manufacturing and capital goods sectors, indicating a persistent...

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Raj Pradhan Raj Pradhan 09 August 2012
Buying travel insurance is often done to comply with the tour operator’s demand or the requirement of a foreign country for granting a visa. Raj Pradhan explains the risks that can inflict heavy financial damage unless you are insured and which of these can be taken care of by common sense

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Moneylife Digital Team 09 August 2012
Dr PS Deodhar, who was the chairman of the Research Advisory Committee of the ministry of information and broadcasting in 2002, had emphasised that a media industry owned and government sponsored TV Media Rating Organisation need to be created. This becomes relevant in the view of the TAM...

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Moneylife Digital Team 09 August 2012
Over 200 activists and citizens present at the Moneylife Foundation seminar unanimously resolved to send a letter to the Maharashtra governor urging him not to sign on the new Housing Bill Over 200 activists and citizens, present at the seminar, have unanimously resolved that Moneylife...

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Moneylife Digital Team 09 August 2012
The former Secretary calls for senior functionaries at SEBI and RBI to make public disclosure of their salaries and an annual declaration of their assets, in accordance with the spirit of Article 19 of the constitution which confers on the citizen the right to know about various public...

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AK Ramdas AK Ramdas 09 August 2012
While the government has approved RIL’s capital expenditure plan, it is still sitting over Cairn India’s plan for increasing production Good sense and responsibility have played vital role in the steps taken by the Management Committee that oversees the operations of KG-D6 block, by...

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Nagesh Kini Nagesh Kini 09 August 2012
The gross corporate misdemeanors reported by Indian and overseas financial analysts make it imperative to revisit the process of appointment of independent directors and auditors—statutory and internal   The CBDT (Central Board of Direct Taxes) chairman-headed report on black money...

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Moneylife Digital Team 08 August 2012
While Veritas has asked investors to sell stocks of Indiabulls group, the company has filed a police complaint against the research firm for publishing false and factually incorrect data   Veritas, an independent Canadian research firm in its latest report on the Indiabulls group said...

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Moneylife Digital Team 08 August 2012
Lack of sales and the piling up of inventory has led to a decline in construction which is affecting economic growth of the country, said Pankaj Kapoor. Speculation had driven up real estate prices, which make real estate unaffordable for the consumer   Speaking at the 124th event...

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Moneylife Digital Team 08 August 2012
RBS Private Banking India has released a report wherein it expects the RBI to cut rates by 50 bps and expects the market to touch 5,700 by year-end and finds Indian equities undervalued Investors can look forward to Indian equities outperforming in the second half of 2012 on the back of...

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Moneylife Digital Team 08 August 2012
The market regulator has sent a routine, post-office like acknowledgement, even after writing to its chairman, which ensured that SEBI can wash its hands off any responsibility of responding It is an open secret that market regulator Securities and Exchange Board of India (SEBI), time...

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Nagesh Kini Nagesh Kini 08 August 2012
The need of the hour is arriving at just and equitable solutions for the revival of viable borrowers when both the lenders and borrowers share losses in equal measure and not resort to one-upmanship The present condition of sky-rocketing food prices driven hyperinflation goes way back to...

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AK Ramdas AK Ramdas 08 August 2012
With the continuing and worsening situation in the power supplies, it has become important that coal imports are arranged now, so that the situation could improve over next few months     The last few days have witnessed a flurry of activity from Coal India (CIL) that shows the...

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Sucheta Dalal Sucheta Dalal 07 August 2012
 The company has blamed its problems on a liquidity crunch because of a sharp decline in ad spends. However, every lender is re-examining loans extended against equity shares as well as the group’s other borrowings IFCI Ltd, a financial institution, is not known for quick action to...

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Moneylife Digital Team 07 August 2012
 State governments’ fiscal rectitude, with the notable exceptions of West Bengal, Kerala and Punjab, stands in stark contrast to New Delhi’s profligacy, says BNP Paribas equities research report     Much attention has been focused on the inability of the government to manage its...

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Moneylife Digital Team 07 August 2012
According to the former secretary, the decision to divert gas from KG Basin to Ratnagiri is aimed at whitewashing the dishonesty implicit in the erstwhile Enron project at the expense of consumers from AP   EAS Sarma, former secretary of the Government of India (GoI), has alleged that...

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Moneylife Digital Team 07 August 2012
CRISIL Research cited adverse impact of rainfall deficiency and worsening Eurozone outlook for the downgrade   CRISIL Research has cut India’s real GDP (gross domestic product) growth forecast for 2012-13 to 5.5% from its earlier forecast of 6.5%. The downward revision in India’s...

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Moneylife Digital Team 07 August 2012
The investment bank feels that India is on the verge of a massive bull market, the fuel to which will come from RBI cutting interest rates and a pick up in investments by corporate India The Indian research arm of Morgan Stanley (MS) is expecting the bull market to pick up in the...

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Jesse Eisinger  and   Jake Bernstein (ProPublica) 07 August 2012
Hedge fund Magnetar and Wall Street banks created $40 billion of CDO deals. The emails show how they did it As ProPublica has been detailing for two years, Wall Street banks and the hedge fund Magnetar worked together to build mortgage-backed deals that the hedge fund also bet against....

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According to Prasar Bharti, the TAM data completely under-represents terrestrial and rural reach of Doordarshan where the major strength of the public broadcaster lies   New Delhi: The Prasar Bharati Board has given its nod in principle to exploring legal options against rating agency...

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