DAILY NEWS: OUR PICKS


MDT/PTI 27 December 2012
As the year progressed, excitement and optimism turned into gloom as sales fell in almost all segments. Car and bike sales were hurt badly by rising fuel prices, high interest rates and overall low consumer sentiment. And 2013 is also expected to be witness subdued sales Beginning with a...

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MDT/PTI 27 December 2012
During 2012, the apex court dealt with several high profile cases like the Sahara group v/s SEBI, Vodafone tax issue, illegal mining in Karnataka, Goa and other states. But perhaps the Supreme Court dealt the biggest blow to the government and corporates by scrapping 122 licenses for the 2G...

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Moneylife Digital Team 26 December 2012
Nifty manages to keep itself above 5,870, the recent downtrend may end. But will the short subsequent upmove be sustainable? Of the markets that were open today, all the Asian indices closed in the positive, except for Taiwan Weighted which closed marginally lower. The Indian benchmarks...

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Raj Pradhan Raj Pradhan 26 December 2012
Jeevandayee scheme offered by Maharashtra Government provides health insurance cover up to Rs1.5 lakh for families earning less than Rs1 lakh per year. Will the genuine customers be given treatment and false claims denied? Find out the progress and hurdles The State Government of...

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Moneylife Digital Team 26 December 2012
In the first part of this series, we reported Bill Ackman’s analysis of Herbalife’s business, which consistently achieves high sales of a commodity product despite extremely low advertising and technological input. So, how has it grown so fast over the past 30 years? This is where Herbalife’s...

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Moneylife Digital Team 26 December 2012
Vepa Kamesam, former deputy director of the RBI, has resigned from the High Mark Board as independent director. The troubled credit bureau, which urgently needs an injection of money to remain viable, allotted 70% of its ESOPs to four independent directors, including Mr Kamesam and its...

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MDT/PTI 26 December 2012
Pulling up PSUs for behaving 'penny-wise, pound-foolish', the consumer fora in 2012 also made clear its displeasure with insurance companies -- private or state-run -- for denying rightful claims of consumers by asking the Centre to examine the issue and take action against the erring...

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Gopal Krishna Gopal Krishna 26 December 2012
NPR, NATGRID, NCTC and UID are unfolding without any legal mandate. It appears UID was, and remains, an attention diversion exercise. The real work is being done by Home Ministry to establish the world’s biggest surveillance database regime, with the active assistance of other willing players

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Prof Dr BM Hegde Prof Dr BM Hegde 26 December 2012
Modern medicine’s scientific base is still shaky. Yet, it is prevalent today, thanks to pharmaceutical and medical devices lobbies who earn millions. If the profession can overcome the enormous pressure of the powerful pharmaceuticals lobby, mankind could hope to get modern medicine to do...

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Vinita Deshmukh Vinita Deshmukh 26 December 2012
A full bench of the Central Information Commission ruled that the Attorney General of India is neither a public authority nor a public servant, sparking off a debate The Attorney General of India (AGI) is the chief legal advisor of India and is appointed by the President of India under...

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MDT/PTI 26 December 2012
While most districts in the first phase do not have verified digitised Aadhaar number database, some, which have this, are not linked to the bank accounts of beneficiaries which has become a major concern   As the government races to launch its flagship direct cash transfer programme...

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Jason Monteiro Jason Monteiro 26 December 2012
Looking to stash your cash for a short period? Jason Monteiro explains the choices Fund houses offer liquid schemes and ultra short-term schemes in the debt category which are suitable for short periods of investment. The returns are better than what your cash would earn in a savings...

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Sucheta Dalal Sucheta Dalal 25 December 2012
Cocking a snook at multiple layers of regulation and oversight, dubious schemes from Sahara to MPG Greenery are thriving At the time of writing this column, the Sahara Pariwar continues with its non-stop attempts to deny payment liabilities and avoid providing identity proof of the lakhs...

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Moneylife Digital Team 24 December 2012
Herbalife, a global MLM scheme also prevalent in India, is believed to be worthless according to hedge fund manager Bill Ackman, who made a detailed presentation on why consumers should avoid buying the company’s products and stay away from the MLM. This is first part of a three-part series

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Raj Pradhan Raj Pradhan 24 December 2012
IIFCL, Hudco and IRFC have lined up tax-free bond offerings even as PFC extended its deadline by a week as it could garner only Rs596 crore till the scheduled closing date of 21 December. Find out the offered rates and where you may want to invest India Infrastructure Finance Company...

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Vickram Crishna 24 December 2012
Leakages in social welfare, for instance, are already being tackled successfully through both technological and social means, and the convenience of easy shopping can be achieved through much less dangerous and locally valid means than the creation of a national database. This is the sixth...

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Moneylife Digital Team 24 December 2012
The market is in a downtrend. The Nifty will need to close above 5,940 to negate the downtrend for now The market closed marginally in the positive, on a minor recovery in late trade amid range-bound trade. The market is in a downtrend. The Nifty will need to close above 5,940 to...

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Moneylife Digital Team 24 December 2012
High Mark does not have a full-time director or managing director and its chairman Prof Pandya is working on a part-time basis. This is clear violation of Regulation 9(2) of the CICR Act Troubled and cash strapped High Mark Credit Information Services Pvt Ltd, (High Mark Credit Bureau)...

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Sucheta Dalal Sucheta Dalal 24 December 2012
Despite SEBI's efforts the confidence-building has not yet worked The capital market regulator is clearly worried about mixed signals from retail investors to the recently revived IPO (initial public offer) market. The government has lined up ambitious fund-raising plans through...

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Vivek Sharma Vivek Sharma 24 December 2012
Most of the people in India have to create their own retirement corpus in absence of social security system in the country. We need a robust system which can provide decent returns to meet old age security. New Pension System was supposed to do this but has failed. By making NPS more...

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