Fwd: Today's Exclusives - President's office only sanctioned repairs to two bungalows; the President defied this

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From: Moneylife <noreply@moneylife.in>
Date: Fri, Apr 13, 2012 at 7:59 PM
Subject: Today's Exclusives - President's office only sanctioned repairs to two bungalows; the President defied this
To: palashbiswaskl@gmail.com

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13 April 2012   Moneylife Exclusive President's office only sanctioned repairs to two bungalows; the President defied this Vinita Deshmukh RTI documents reveal an official communication to President Pratibha Patil that new construction is "not the right option''...     Other ML Exclusives   Pratibha Patil's house stands on A1 defence land meant only for military use; military spending its resources for her The Presidential denial is wearing thin. We learn that Rs8 crore of public money is allegedly being used to construct President Pratibha Patil's bungalow on a land, which cannot be used for civilian purposes. And military resources are being deployed for her... .................................................................................................................................................... HSBC loots Suchitra Krishnamoorthi after big promises of 24% returns This can happen to you—bank customers beware. Lack of financial literacy can cost you big time as reputed banks target the gullible with money to spare. PMS, insurance, loans are pushed by relationship managers to make a killing, at your cost!... .................................................................................................................................................... Daily Market Report: Sensex, Nifty may resume upmove However, the Nifty should restrain itself from closing below 5,185... .................................................................................................................................................... Activist serves notice to President Secretariat based on Moneylife report Andhra Pradesh-based Dr VS Prasanna Rajan is seeking a detailed reply from the President Secretariat on the defence land that is being used for building a bungalow for Pratibha Patil to occupy post retirement... .................................................................................................................................................... RBI governor's perennial dilemma: Growth Vs inflation The RBI is again facing a chicken and egg situation, as it has the unenviable task of deciding its priority, whether controlling inflation or propelling growth, when it announces its annual monetary policy on 17 April, 2012... .................................................................................................................................................... The recruitment process: Fulfilling their dreams The trip to Sri Lanka was intended to pick up skilled workers for the new garment factory. The 20th part of a series describing the unknown triumphs and travails of doing international business... .................................................................................................................................................... Infamous Vikas WSP being manipulated again while SEBI sleeps? The stock of Vikas WSP which is up 291%, since 1 January 2012, is suspicious and needs to be investigated. But possibly it has not even registered in SEBI's vaunted surveillance system... .................................................................................................................................................... Infosys falls over 9% on disappointing Q4 results Infosys, the second largest listed IT company in India, reported numbers that fell short of market expectations. Analysts feel that this may raise questions on the demand for IT services in the coming quarters... .................................................................................................................................................... IPL5 losing its sheen as TV ratings falls 18.7% The opening six matches saw a TVR of 3.76; compared to 4.63 in the last season. The IPL is in its fifth season now, and over time, its appeal seems to have waned...         Personal finance today - RBI to issue 20 and 50 rupee notes with new rupee symbol     At a Glance   - Money laundering case registered against Vectra chief Ravinder Rishi - January IIP data revision totally baffling says Pranab Mukherjee - India to allow FDI from Pakistan says Anand Sharma - Professor held for anti-Mamata cartoons; sparks outrage - Army to acquire new air defence system after General VK Singh's letter   Corporate Wrap-up   - Shree Ganesh Jewellery invests Rs80 crore in solar projects - MRPL shuts down two-third of refinery due to water shortage - Japan's Mitsui Sumitomo buys 26% stake in Max New York Life for Rs2731 crore     FROM the ARCHIVES   Pratibha Patil's Pune Bungalow: Denying the undeniable While the Moneylife report on the construction of a post-retirement bungalow for Pratibha Patil in Pune became viral in social media, the President's office came up with a denial which did not address the core issues, but was carried faithfully by the mainstream media... ...................................................................................................................................................... Fixed Deposits Beats Stocks? Financial writers need financial literacy first Recently both Times of India and Economic Times had claimed that fixed deposits trumped Sensex returns over the last 20 years. There are at least five flaws in the argument making the data, while correct, completely irrelevant in practical terms...   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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