ECONOMY & NATION


Moneylife Digital Team 14 April 2011
Two years after the introduction of the extra FSI scheme that was subsequently struck down in court, builders are concerned that the Maharashtra government does not appear keen to resolve the matter With the issue of additional floor space index (FSI) for constructions in suburban Mumbai...

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Moneylife Digital Team 13 April 2011
The gold loan company has fixed the price band for its upcoming IPO at Rs160-Rs175 and said the proceeds from the issue will improve its capital adequacy Gold financing company Muthoot Finance plans to expand its presence in northeast Indian states, by setting up more branches there soon.

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Moneylife Digital Team 13 April 2011
SpeakAsia, is an online company collecting large sums of money by rapidly enrolling people with the promise of incredible payments for simply filling out online surveys. Our investigation, however, shows that the company is not registered in India and it cannot show us any legal...

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Moneylife Digital Team 12 April 2011
While the HSBC PMI index suggests an expansion in manufacturing activity, government data revealed through the IIP suggests a slowdown in the industrial sector On 11th April, the Central Statistical Organisation (CSO) of the government released the industrial output data-as measured by the...

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Prof Anil Agashe 12 April 2011
A number of co-operative banks in Maharashtra are saddled with bad debts. Political interference seems to have silenced the banking regulator. It is high time the RBI, and the shareholders & depositors of these beleaguered entities woke up  Recent news reports suggest that there are nearly...

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Moneylife Digital Team 12 April 2011
Pune-based Prayas Energy Group sees an improvement in power capacity addition since the introduction of competitive bidding, but it says that the process must be above board Competitive bidding for power projects has significantly improved the tempo of capacity addition in the country, but...

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Moneylife Digital Team 12 April 2011
According to a recent research report, aggregate despatches for major cement players have gone up by 8.4% year-on-year in March. On a whole, industry despatches are expected to grow 5%-7%, but no uptick in demand is expected On 22nd February, Moneylife had reported on how due to the imbalance...

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Moneylife Digital Team 11 April 2011
Companies who are paying Rs5 lakh and above per month to an employee would have to mention the employee’s name in the director's report, says Ministry of Corporate Affairs The Ministry of Corporate Affairs (MCA) has increased the limits for the purpose of disclosure of particulars of...

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Moneylife Digital Team 09 April 2011
Strong credit growth is expected to boost the financial sector and economic growth should spur the retail sector, but telecom would be subdued due to competition IDFC Securities sees huge potential for the financial sector in the fourth quarter of fiscal 2010-11, on the back of strong credit...

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Moneylife Digital Team 09 April 2011
Pratip Chaudhuri is concerned about the bank’s high level of NPAs; plans international expansion  Pratip Chaudhuri, the newly-appointed chairman of State of Bank of India (SBI), has said that it will be his aim to make the bank the leader in the retail segment, to reduce the bank's...

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Ditch your kick-start, rusty throttles and hard-to-shift gears. Riding one of the new super bikes – now swamping Indian markets – requires a completely different set of skills  This column has long neglected two-wheelers, for a simple reason. Your correspondent grew out of them long ago—when...

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D Muthukrishnan 07 April 2011
By commonsensical valuation methods followed globally, Indian real estate sports nosebleed valuations. It is important to be aware of this if you want to ‘invest’ in real estate Property prices across India have run up a lot between 2003 to 2008, appreciating as much as even 400%+ during the...

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Moneylife Digital Team 07 April 2011
Since the Supreme Court has vacated the stay on 2% royalty payments to music companies, major FM broadcasters—and the music industry—are hoping for the best, before the rollout of Phase III of radio spectrum auctions While FM broadcasters appear jubilant about the Supreme Court lifting the...

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Devarajan Mahadevan 07 April 2011
Over the past decade, the correlation between returns from fine wine and crude oil returns was 90% Investors are dumping bonds; that’s old hat. If you are looking for returns, you have to look much beyond the markets. And if you go along with the trend in China, you should raise a toast to a...

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Moneylife Digital Team 06 April 2011
Automobile growth should sustain, FMCG and pharma could see higher growth, while pipe manufacturers may be impacted by higher crude prices amid tensions in the Middle East, according to IDFC Securities   Agri-related companies should perform well in the fourth quarter, following a good rabi...

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Moneylife Digital Team 06 April 2011
The bashing of the bank’s management continues unabated in its in-house publication. A full-blown war has broken out within one of the leading Indian nationalised banks. The latest issue of the officer’s organisation’s journal is all out against Corporation Bank’s expansion plan On 10th...

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Moneylife Digital Team 06 April 2011
Marvel Realtors of Pune is advertising its avowed honesty towards customers. But on checking out this sudden outburst of honesty, we found that it is only a corporate branding exercise in aid of a planned IPO The jacket of The Times of India on Tuesday featured a full-page advertisement by...

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Moneylife Digital Team 05 April 2011
IDFC Securities says engineering firms should perform the best on healthy execution of orders; it expects sustained growth in oil & gas, infrastructure and construction; but feels metals and cement are constrained by input costs and overcapacity The fourth quarter earnings of the...

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Moneylife Digital Team 05 April 2011
Future Group company sets target of 100 stores in 12 months; aims to leverage its wide customer base countrywide through financial outlets that will be integrated with its large format stores Future Capital Holdings, part of Future Group, today announced plans to launch 100 financial...

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Shukti Sarma 04 April 2011
Despite the festival season—cutting across communities, various freebies being offered and substantial discounts, buyers are staying away from property purchases. However, a few analysts feel that it would be better to cash in on the current discounts, as rates are likely to go up in the near...

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