Fwd: Today's Exclusives - Monsoon revival or mirage?

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From: Moneylife <noreply@moneylife.in>
Date: Thu, Jul 12, 2012 at 7:35 PM
Subject: Today's Exclusives - Monsoon revival or mirage?
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12 July 2012   Moneylife Exclusive Monsoon revival or mirage? Rajan Alexander Less than a week ago, the rainfall deficiency was nearly 50% of average. In a span of just six days, the deficiency was cut almost in half. Combine this feat with the fact that monsoon covered the entire country, four days earlier than normal and how does the glass now look?   ADVT Other ML Exclusives   SEBI's Share Sales Rules: Bear market dilutions Corporate lobbying has led SEBI to tweak rules to favour promoters. But with retail investors and FIIs showing no interest in markets, the regulator will have to come up with some new initiatives to lure them back... ................................................................................................................................................... Indian banks & NPAs - I: The extent of the problem NPAs of banks have reached alarming levels and this is not just because of a slowdown. The first of a four part series... .................................................................................................................................................... Panshet: A day that changed Pune It is over 50 years since Pune city was submerged. Here is a posting from a blog run by Amit Paranjape that unfolds the events of the day when water from Panshet dam caused havoc in Pune... .................................................................................................................................................... Mutual Fund Commissions: Foreign banks lead once again, other top distributors lag behind Seven banks were among the top 10 list of highest mutual fund commissions earned with HongKong Bank, HDFC Bank, Citibank and Standard Chartered leading the pack... .................................................................................................................................................... Equity Funds: Exodus of Rs286 crore in June 2012 Drop in sales, higher redemptions and a poor show by NFOs resulted in an outflow of Rs286 crore from equity-oriented mutual funds in June 2012... .................................................................................................................................................... TCS posts 35.65% increase in net profit; but margins remain steady Tata Consultancy Services has reported its Q1 results for the fiscal 2012-13. Its margins were impacted by increases in wage bill, on-boarding costs and visa bill despite a fall in rupee... .................................................................................................................................................... Infosys guides down again. Shares fall 9%; other IT stocks hit too For the first quarter, Infosys' net profit jumped 32.9%. But it failed to meet market expectations on its dollar revenues and also cut its FY dollar earning forecast, putting a cloud over the entire software sector... .................................................................................................................................................... Independent internal audit is the key to implementing responsible microfinance in MFIs The MFI boards must recognise the need for strong, independent and objective internal audits which can go a long way in protecting their MFIs and enhancing their reputation... .................................................................................................................................................... Midas Touch PIL on small investor's "blocked money" postponed to 29th August Hearing of the petition was postponed to 29th August due to lawyer's strike. The PIL filed by Midas Touch alleges that SEBI has not taken any action against companies which do not follow listing norms... .................................................................................................................................................... High medical fees would only keep the poor out Charging affluent students higher fees and higher charges for affluent patients could subsidise the needs of the poor... .................................................................................................................................................... Sweet travel deals are still around With airlines passing on more of their costs to us and the dollar being stronger against the rupee, airline fares have gone up over the past few months. But you sure can still make a neat saving on your travel expenses... .................................................................................................................................................... How many millions of cellphones are police watching? Both police and service providers had long resisted releasing details on the scope of mobile surveillance. But the new disclosures from mobile companies in the US still leave a slew of unanswered questions... .................................................................................................................................................... Daily Market Report: Sensex, Nifty to remain choppy If the Nifty goes below 5,190 we may see a serious downturn setting in...     At a Glance   - Cabinet clears Bill to amend Forward Markets Act - Government to set up mechanism for monitoring PPP projects - SEBI asks NGHI Developers to stop collecting money from investors - RBI panel looking into alternative to gold imports - Government to survey buildings handed over without OC in Mumbai - 2G probe: ED questions Raja for first time - Dara Singh: The original muscle man of Bollywood no more - Goa panel recommends 20-25 MMT cap on iron ore extraction - ADB cuts India's growth projection to 6.5% on low demand and high inflation     Corporate Wrap-up   - Life insurance premium declines 3% in FY12 - Cabinet defers stake sale in SAIL - Jindal Group to set up Rs1,500-crore textile unit in Nashik - Greaves Cotton signs long-term supply agreement with Atul Auto   Personal Finance   - Death due to doctor's negligence is an accident says National Consumer Forum - Railway launches 'Dakshin Darshan' tour - All adults in Ernakulem district to be bank account holders by September - Street vendors in Haryana to get health insurance     FROM the ARCHIVES   Did the Chief Information Commissioner subvert RTI provisions to protect a CIC officer? Do CIC officials consider themselves above the RTI Act? Strangely, a larger bench to over-rule the decision of one of the most respected information commissioners of the CIC is not required to deliberate on the penalty ... ...................................................................................................................................................... Use RTI to inspect schools in your city JOSH, along with National Commission for Protection of Child's Rights, invoked the RTI Act to inspect documents as well as infrastructural facilities in government and government-aided schools in Delhi...   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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