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Pratibha Kamath  and   Sanket Dhanorkar 14 January 2010
The after-effects of the massive boom in engineering, real estate and raw materials of 2003-07 and, of course, massive speculation, continue to be reflected in the wealth-creators’ list. Pratibha Kamath and Sanket Dhanorkar pick the toppers    Once again, we present our annual study...

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Pallabika Ganguly 14 January 2010
India’s second biggest supermarket operator is planning to start three additional megastores over the next three months at Mumbai, NCR and Hyderabad Aditya Birla Retail Ltd (ABRL), India’s second biggest supermarket operator, is eying a total turnover of Rs1,600 crore this fiscal and hopes to...

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Moneylife Digital Team 13 January 2010
As a market rally draws a flood of IPOs again, investors are likely to get burnt again, given the inherent nature of IPOs. Initial public offers (IPO) are back in vogue in the calendar year 2010 as the market has hit a 21-month high. However, investors are still nursing huge losses from the...

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Swapnil Suvarna 13 January 2010
Bourses poised to remain in positive territory during Thursday’s trade Indian markets remained highly volatile throughout the day, as they opened lower from yesterday’s close on weak global cues, followed by China’s move to curb lending. However, at the end of the day, bourses shrugged off...

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Moneylife Digital Team 13 January 2010
The Indian government has taken a slew of measures to increase availability of sugar, pulses and other commodities. It hopes that rates of the sweetener, being sold at nearly Rs50 a kg, would start declining in a week Under attack over the rise in prices, the Indian government on Wednesday...

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Moneylife Digital Team 13 January 2010
Lack of clear regulation led to an absurd tussle between SEBI and Reliance Mutual Fund over the duration of the statutory warning in the Fund’s ad. Lack of clear-cut regulation from the Securities and Exchange Board of India (SEBI) on how to calculate the duration of the statutory warning (on...

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Amritha Pillay 13 January 2010
MITRA, an organisation representing NGOs, has written to the state CM demanding a CBI probe into the series of unsolved attacks on activists Mumbai–based Movement against Intimidation Threat and Revenge against Activists (MITRA) has asked Maharashtra chief minister Ashok Chavan for a Central...

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Moneylife Digital Team 13 January 2010
The Planning Commission has advised 'sensible' use of funds by the road transport & highways ministry, a day after minister Kamal Nath rebuffed the panel In a war of words, the Planning Commission on Wednesday has advised 'sensible' use of funds by the road transport & highways ministry, a...

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Moneylife Digital Team 13 January 2010
The Union government has allowed imports of duty-free sugar till 31st December due to rising prices of the commodity The Indian government on Wednesday allowed import of refined sugar at zero duty up to 31st December in the wake of prices nearing Rs50 per kg in the retail market, reports...

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Moneylife Digital Team 13 January 2010
Mutual fund volumes on NSE and BSE are yet to catch up, as only 792 combined orders worth Rs10 crore were recorded between 8 December 2009 and 12 January 2010 Online trading volumes of mutual funds (MFs) continue to remain bleak if the numbers are anything to go by. According to the data...

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Despite the hype surrounding mobile stock trading, especially in the US, Gartner has said that most on-the-go trading is more likely to take place in semi-mobile situations in notebooks and netbooks, instead of mobile handsets  International research company Gartner Inc said that despite the...

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Moneylife Digital Team 13 January 2010
The Indian government should establish dedicated defence-specific SEZs, apart from providing a tax-equalisation subsidy, as the fiscal regime plays a critical role in defence market growth, says a study The Indian government should establish a dedicated defence-specific Special Economic Zone...

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Professor Robert Shiller's cyclically adjusted PE ratio shows, that US stocks are now more than 30% overvalued. That's more reasonable than the 100%+ overvaluation in 2000, but it's closing in on the level of the three other bubble peaks of the 20th Century: 1901, 1929, and 1966. Read...

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Charles Biderman, TrimTabs Chief executive in his crusade against the US government's official states that the private demand, from companies, investors, hedge funds, and pensions just isn't there and the government must step in. Read Article...  

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The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America will be released at midnight on each Sunday based on performance during the previous week. The ratings will be decided as per the company’s earnings, analyst rankings, important corporate news,...

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Moneylife Digital Team 13 January 2010
The Union government will provide final clearance for Vedanta’s bauxite mining project in Orissa only if there is no violation of the Forest Conservation Act The Indian government on Wednesday said that the Vedanta Group’s bauxite mining project in Orissa would be given a final clearance only...

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Amritha Pillay 13 January 2010
Those cement companies which trade their excess captive power and are planning merchant power plants will be able to manage the industry cycle better, say analysts Cement companies that have forayed into merchant power trading are expected to manage the cyclical downturn in the industry in a...

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Ravi Samalad 13 January 2010
In an increasing war for shelf space, FMCG marketers in India are considering out-of-the-box packaging solutions to attract customers and to differentiate their products Fast-moving consumer goods (FMCG) manufacturers in India are trying to innovate their product packaging in order to make...

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Seven rules to ensure that your broker doesn’t give you a raw deal In the past fortnight, I received emails from four desperate individuals. Each of their stories had a common theme: that money had simply vanished from their brokerage accounts and they were left with hefty liabilities....

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Debashis Basu on where the stock market is headed 13 January 2010
The market is struggling to find a path between growth and value There is a French proverb that says: reculer, pour mieux sauter. It means step back for jumping farther. Is the market in that mode for the short term? In our previous issue, I had said the huge rally that we saw on 23 December...

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