Fwd: Today's Exclusives - RTI activist exposes RNA Corporation's shoddy handling of Oshiwara slum rehab project

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From: Moneylife <noreply@moneylife.in>
Date: Tue, May 10, 2011 at 8:19 PM
Subject: Today's Exclusives - RTI activist exposes RNA Corporation's shoddy handling of Oshiwara slum rehab project
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10 May 2011   Moneylife Exclusive RTI activist exposes RNA Corporation's shoddy handling of Oshiwara slum rehab project Moneylife Digital Team MMRDA stops work for violation of rules on a whistle-blower's complaint; state human rights commission serves notice for improper layout and sanitation...     Exclusive Column     Beginning of a global meltdown, or a pause that refreshes? William Gamble The crash in silver and some other commodities highlights the dilemma of every investor in a potential bubble. Do you see the market heading for the cliff and sit out? Or, do you believe the growth forecasts and stay on board?       Other ML Exclusives   MSC Bank: The RBI finally steps in to clear the mess in Maharashtra's apex co-operative bank The action by the RBI to supersede the board of directors of the MSC Bank and to appoint administrators has highlighted the need to bring all co-operative banks, a majority of which are controlled by politicians, under the central bank's direct control... ................................................................................................................................................ Question mark over timing of JP Morgan advisory, moneycontrol report on SKS Microfinance The stock price of the country's only listed microfinance firm crashed 35% in two trading sessions, leading the market regulator to initiate an inquiry into possible insider trading... ................................................................................................................................................ Daily Market Report: Sideways movement still on As expected, Nifty almost hit 5,600 and collapsed... ................................................................................................................................................ SEBI directs Sun-Plant Agro to wind up collective schemes The latest order confirms an earlier interim ex-parte order on 21 October 2010 against Sun-Plant Agro directing it not to collect any money from investors, or to launch any scheme, and not to dispose off any of the properties or delineate assets of the scheme... ................................................................................................................................................ Third party administrators: Crashing the party Everybody loves to hate them. What does the future hold for TPAs? ................................................................................................................................................ UNICEF: Noble effort, ignoble creative The commercials are one big dud. There is zero motivation provided in the ads to the parents to send their kids to school. Which ought to have been the primary task of the communication... ................................................................................................................................................ Personal finance today Future Ventures India tumbles in debut trade on bourses ICICI Prudential Mutual Fund floats one year fixed maturity plan Kotak Mahindra Mutual Fund unveils 24 months fixed maturity plan Reliance Mutual Fund introduces Dual Advantage Fixed Tenure Fund-I-Plan K Religare Mutual Fund floats 369 days fixed maturity plan SBI Mutual Fund launches Debt Fund Series 180 Days 18 Kotak Mahindra Bank raises lending rate by 50 bps MTNL launches push-mail services in pact with Bharat Berry     At a Glance   - Diesel price revision deferred, but petrol hike looks imminent - HDFC Q4 net up 23% at Rs1,142 cr; to pay 450% dividend - Exports will show a drastic fall if DEPB stopped: FIEO - BSE to waive annual charges for WDM trade - NCDEX lowers transaction fee to boost trade volumes - India to grow at 8% in 2011: IMF - First-ever shale gas bid round to be launched soon: DGH     Corporate Wrap-up   - Kotak Life Insurance records 42% growth in profit in FY10-11 - Royal Sundaram delivers strong top-line growth of over 25% - Infinite Computer FY11 net up 35% to Rs107 crore - JSW Steel April production up 11% at 5.60 lakh tonnes   Moneylife Columns     Star HD: High-def headache! Anil Thakraney The Star advertisements for its new high-definition broadcast system are a good example of poor advertising. For, you cannot use TV as an education medium. People watch TV to be entertained and not to learn science...     Why are our income-tax and foreign exchange management laws riddled with so many incongruities? Nagesh Kini Right from the definition of a 'senior citizen' for tax evaluation to the definition of a 'Non-Resident Indian', our tax and forex laws are full of inconsistencies and discrepancies. It is high time the government removed these lacunae...     Face 2 Face   'The proposed web censorship law is a joke' Rajiv Dingra, head of a web advertising consultancy, warns that web advertisers had better not underestimate the web consumer who can react unlike a TV viewer...   Editor's Pick   Microsoft eyes Skype in $8.50 billion deal The proposed purchase, says this report, will help Microsoft to target Google's lead in Internet advertising. ...................................................................................................................................................... China has to slow down It faces a number of economic, environmental and political challenges. ...................................................................................................................................................... It's not over at Greece The country is on the brink of default. ...................................................................................................................................................... Oil futures take a beating A hike in margin requirements has dampened sentiment. ...................................................................................................................................................... The Middle East: Watch the events unfold Here's an info-graphic that has it all. ...................................................................................................................................................... Cartoon of the week Obama is basking in glory.   Book Review   The Marx on our soul Shukti Sarma Is the force and the philosophy of Karl Marx still relevant?   FROM the ARCHIVES   Dr Mohan Gopal's explosive exposé of SEBI's functioning under Bhave The former member of the SEBI Board, in a letter to the prime minister, alleges how an "informal clique of current and serving bureaucrats, SEBI officials, lawyers and corporate interests orchestrated a subversion of the due process of law". It vindicates Moneylife's stand on various regulatory issues that large media houses have been ignoring... ...................................................................................................................................................... 'Non-est' orders on NSDL become 'est' again The scandalous ganging up of some SEBI members to protect CB Bhave and NSDL—reported extensively only in Moneylife and conveniently glossed over by all mainline media—is coming back to haunt SEBI...   Forthcoming Events   How to use the Right to Information Act effectively Mr Bhaskar Prabhu, Convenor of the Mahiti Adhikar Manch, will address a workshop on 'How to use the Right to Information Act effectively', on Saturday, 14 May 2011, at the Moneylife Knowledge Centre. This is the second workshop on the RTI issue in a month following the overwhelming response to the first programme on 16th April. Admission is free. To register, please message us at mail@mlfoundation.in or call Dione/Judith on 2444 1058. Click here for more details. ...................................................................................................................................................... Understanding Insurance Getting the right health cover is never as easy as the advertisements suggest. The key is to find a policy that is priced right and delivers when you need it. Sudhir Sarnobat, Co-founder & CEO of Medimanage, a dedicated health insurance broking firm, will explain how this works, at a workshop on Tuesday, 17th May 2011. Admission is free. To register, please message us at mail@mlfoundation.in or call Dione/Judith on 2444 1058. Click here for more details.     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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Palash Biswas
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