Fwd: Today's Exclusives - MLMs now want to 'invest' money in India, really?

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From: Moneylife <noreply@moneylife.in>
Date: Wed, Aug 22, 2012 at 7:03 PM
Subject: Today's Exclusives - MLMs now want to 'invest' money in India, really?
To: palashbiswaskl@gmail.com

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22 August 2012   Moneylife Exclusive MLMs now want to 'invest' money in India, really? Sucheta Dalal & Yogesh Sapkale Will the forthcoming meeting of the Foreign Investment Promotion Board lead to much-needed tightening of the rules for global MLM companies operating in India, or will the politically powerful MLM lobby use it improve its current dodgy status under the Prize Chits Act?   ADVT Other ML Exclusives   Big Bang Reforms: What about regulation & supervision? SEBI has announced a series of reforms to revive investor confidence and make IPOs attractive again, but what has it done to resolve investors' grievances? .............................................................................................................................................. Ration card frauds can be exposed through RTI Last year Maharashtra government had provided close to 42 lakh bogus ration cards, reveals a RTI. These things are taking mafia colours, as is evident in the case of a Mumbai-based RTI activist who was assaulted for seeking info on ration card frauds... .............................................................................................................................................. Do we need a rocket to Mars or a serious race for more Olympic medals? India can obtain whatever information it needs about Mars from the US, on a gratis basis. But we need to make serious efforts to better our record in sports, from having won six medals in the recently concluded London Olympics... .............................................................................................................................................. Kotak cautious on banking sector; expects stress to remain high Kotak Institutional Equities expects revenues of banks to slow down amidst higher credit costs due to an increase in repo rates... .............................................................................................................................................. A better choice? Dividend-yield funds have performed well recently. Should you go for it? Jason Monteiro explains... .............................................................................................................................................. Telecom companies in the red; and your payment blues... Have you ever been sent round the bend by a telecom company, which has not updated your payments, and are you in danger of losing it? .............................................................................................................................................. Unnecessary heart procedures in US healthcare? About 600,000 procedures are performed every year to clear coronary artery blockages. But studies show that medicine alone is as effective in patients with stable heart disease and that many procedures to clear blockages are unnecessary... .............................................................................................................................................. US elections and the price of gas As the price of oil goes up and one weekly job report follows another, the pressure on President Obama can only mount. To see in which direction the voter will swing on Election Day keep a lookout for the price of a barrel of oil... .............................................................................................................................................. Daily Market Report: Upmove may continue Cautious upmove ahead; change in trend if the Nifty closes below the previous day's low... ............................................................................................................................................... At a Glance   - Strike cripples banking services across India - Ratan Tata wants copy of probe report into Radia tapes - Service records of CAG Vinod Rai not traceable admits Government - Taxes worth Rs58,636 crore locked up in litigation in SC, HCs - HC asks BCCI to reply over non-payment of IPL dues - Facebook to remove content that incite violence or hate speech - Six Twitter accounts resembling PMO's official account blocked - Eurozone situation much better than reported says EFSF chief     Corporate Wrap-up   - RBI scrutinising systems of HSBC and StanChart - Tough steps being mulled to punish firms on graft issue: CVC - CCI rejects notice seeking nod for Aditya Birla-Pantaloon deal - StanChart PE pumps in Rs250 crore in Inox India - MGAE to ink more deals for MRO facility at Hyderabad airport - Allahabad Bank to focus on lending for grains storage godowns - FIS to deploy, manage 5,500 ATMs of PSU banks     Personal Finance   - Penalty for officers rejecting education loans to eligible students - RBI tightens norms for securitisation of loans by NBFCs     FROM the ARCHIVES   Big Cinemas in talks to sell out to rival Inox? Reliance ADAG Company Reliance MediaWorks is reportedly in talks to sell off Big Cinemas to arch rival Inox in order to pare off its ballooning debt but talks are stymied on the price front... ...................................................................................................................................................... Stock Exchanges: BSE's gambit The BSE estimates the collective savings of brokers will be over Rs1,000 crore per year due to lower charges. But what happens if the NSE decides to match the price?   To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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