Fwd: Today's Exclusives - President Pratibha Patil's luxurious home continues to be built

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From: Moneylife <noreply@moneylife.in>
Date: Thu, May 10, 2012 at 7:05 PM
Subject: Today's Exclusives - President Pratibha Patil's luxurious home continues to be built
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10 May 2012   Moneylife Exclusive President Pratibha Patil's luxurious home continues to be built Vinita Deshmukh The 2,42,000 sq ft of land in Pune returned by President Patil is to be 'suitably' used for an alternative purpose. Communication from the ministry of defence is awaited, said Southern Command officials...   ADVT Other ML Exclusives   Kingfisher Airlines no more a subsidiary: UB Holding In February, Kingfisher allotted shares to banks and financial institutions against optionally convertible debentures, thus reducing stake of UB Holding. The question is who are these smart bankers who put money into the carrier which has been reporting losses since its inception... .................................................................................................................................................... Daily Market Report: Sensex, Nifty indecisive The market is getting oversold but for a bounce, the Nifty has to close above any previous day's high. Instead it is still making lower lows... .................................................................................................................................................... Advertising of prescription drugs by pharma companies shocks govt panel A parliamentary panel on heath found that pharma companies are advertising prescription drugs, which is not permitted in India. The Standing Committee also made a shocking revelation that the DCGI is favouring drug manufacturers by approving drugs without conducting mandatory clinical trials... .................................................................................................................................................... Cipla breached patent rights alleges Bayer While the German pharma company is accusing Cipla for breaching its patents rights by slashing price, in March, the Indian government stripped Bayer it its exclusive rights to sell Nexavar used in treatment of kidney and liver cancer... .................................................................................................................................................... Carborundum Universal to invest Rs200 crore for expansion with promising growth prospects Carborundum Universal has posted strong fiscal results, cut its debt and plans to expand further by investing over Rs200 crore... .................................................................................................................................................... Health Care: Diseases for sale Pharmaceutical companies get medical scientists to invent new diseases to sell their wares. This was going on in the past in a more dignified and quiet style, but now it has all come out in the open... .................................................................................................................................................... Probe former CJI KG Balakrishnan: Supreme Court The apex court has asked a competent authority to look into allegations of misconduct against the former CJI even though it has refused to direct the government to recommend a presidential reference to remove justice Balakrishnan as NHRC chairman... .................................................................................................................................................... Tejinder Singh, under cloud and battered by the courts, withdraws plea for CBI probe against Army Chief Tejinder Singh, accused by the Army Chief VK Singh of attempting to bribe him, had retaliated against the Army Chief. But he has been pulled up by the lower courts while the Delhi HC questioned maintainability of Tejinder Singh's petition and now suddenly he withdrew his petition from the apex court... .................................................................................................................................................... Car insurance: "Higher loss ratio is in diesel car segment" The Insurance Regulatory and Development Authority recently raised third-party motor premium, which is still under tariff. KN Murali, senior vice president & head – Motor vertical, Bharti AXA General Insurance talks about impact of IRDA changes... .................................................................................................................................................... The prescription drugs involved in more overdose deaths than cocaine and heroin combined American Pain Foundation shuts down as senators launch investigation into makers of narcotic painkillers and groups that champion them... .................................................................................................................................................... Live from a lounge: 6 Great online options Book tickets online for your trips and get great deals. Here is how... .................................................................................................................................................... Job Interview: Loaded questions What if a job interview is merely a cover to collect information? G Venkatesh writes about such a case...   ADVT     Personal finance today - Visa partners with Obopay for near real-time electronic disbursements to prepaid cards - 'Hiring, pay packets for freshers in IT sector rising': Survey     At a Glance   - Air India stops bookings for US, Europe till 15th May - Supreme Court refuses to stay charge-framing against CK Jaffer Sharief - RBI directs banks to verify authenticity of notes of Rs100 and above - RBI tightens norms for utilisation of foreign currency FDs   Corporate Wrap-up   - RIL buying bank shares while waiting for its financial business venture - Kingfisher pilots threaten not to fly from tonight - Cadila Q4 net dips 4.5% to Rs171 crore on forex losses - RBI asks exporters to sell 50% of forex earnings - ABB Q1 net down 18.6% to Rs48 crore on forex loss     FROM the ARCHIVES   State-wide campaign in Gujarat for filing RTI for answer sheets in order to curb student suicides Mahiti Adhikar Gujarat Pahel is conducting a drive across Gujarat to file RTI applications for procuring copies of answer sheets. Interestingly, it has invoked Section 7(1) of the RTI Act under which information has to be given within 48 hours as it concerns 'life and liberty'... ...................................................................................................................................................... Satyamev Jayate: Following the money trail—Part 2 Gender determination can be stopped if stricter audits on how ultra-sound machines are followed. But this would mean a straight 70-80% drop in business in India. Which manufacturer of ultra-sounds wants to see that happen?   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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