Fwd: Today's Exclusives - Railways fail to evict illegal passengers from reserved coaches

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From: Moneylife <noreply@moneylife.in>
Date: Wed, Jul 4, 2012 at 8:04 PM
Subject: Today's Exclusives - Railways fail to evict illegal passengers from reserved coaches
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4 July 2012   Moneylife Exclusive Railways fail to evict illegal passengers from reserved coaches Vinita Deshmukh The railway ministry is helpless about the discomfort of railway passengers in reserved compartments who are outnumbered by passengers without tickets or with tickets meant for unreserved compartments...   ADVT Other ML Exclusives   GlaxoSmithKline's crooked behaviour: Norm or exception? GlaxoSmithKline has pleaded guilty to criminal charges, and agreed to pay $3 billion in fines for various sins. Well, GSK is not alone. GSK has been caught doing what all pharma companies do most of the time, as I have been warning for decades... .................................................................................................................................................. How to make the boards of large NBFC MFIs implement corporate governance norms in practice? (Part I) Apart from looking after shareholders' interests, the five star boards of microfinance companies need to take better account of other stakeholders' interests and a proactive approach to put into practice their stated governance principles... ................................................................................................................................................... Powai land scam: Hiranandani, senior IAS officer under ACB scanner Out of the government-sanctioned built-up area for development of Powai land, Hiranandani utilised only a part, while the rest was converted into luxury apartments and sold at a premium price... .................................................................................................................................................... Have banks misled investors by inaccurate reporting of NPAs? Banks have come a long way from the days of deliberate acts of concealing the true state of affairs. "System generated" NPA is a necessary step in cleaning up the financials of banks which the RBI rightly directed... .................................................................................................................................................... Monsoon and El Nino: How much of this scare is real? For all practical forecast purposes, even as critical indices cross El Niño thresholds values and intensifies further, as far as its impact on the monsoon is concerned, it is fairly negligible... .................................................................................................................................................... Big pharma's big fines The government has fined drug companies billions of dollars for illegally promoting drugs for unapproved uses. Here's a closer look at six of the most recent major fraud fines... .................................................................................................................................................... Mutual fund AUM up for the first time in four quarters According to AMFI data, money market funds were the key contributors to the AUM rise of 4% to Rs6.92 lakh crore during the June quarter... .................................................................................................................................................... Observing simple traffic rules: Stop and proceed please Important thing is to prevent accidents from happening. Laws must be in place but the focus should be physical features that prevent cars moving at high speeds in by lanes and road junctions... .................................................................................................................................................... The Copyright (Amendment) Bill 2012: The right of artistes The revamped Bill offers artistes different rights for different media... .................................................................................................................................................... Beirut, the hospitality capital of the Middle East Beirut was the place where the east and west mingled easily and even the very conservative Arab from neighbouring states would feel free here. The 55th part of a series describing the unknown triumphs and travails of doing international business... .................................................................................................................................................... US presidential polls: Chief Justice Roberts saves the day US presidential polls: Chief Justice Roberts saves the day President Obama is tied to the post of healthcare—he will sail or sink with it. He might as well give it his best shot... ................................................................................................................................................... Daily Market Report: Sensex, Nifty overbought for the short-term Buy the dips; the medium-term uptrend is intact. Nifty may reach 5,450...     At a Glance   - Indians leave a footprint on CERN finding of 'God Particle' - Interest rate hurting; RBI should cut rate gradually says Kamath - India's services sector activity inched up in June - Goa Mines Dept suggests auctioning of illegally stored ore - RBI will focus on progress of SW monsoon says Gokharn - Maharashtra says CBI cannot probe Adarsh scam     Corporate Wrap-up   - Videocon to start production from Tamil Nadu plant in 3-4 months - Rashtriya Ispat IPO may go ahead - L&T Construction gets Rs1,523 crore contracts in June   Personal Finance   - First pay credit card dues and then file complaint says Banking Ombudsman - Government extends 1% housing loan interest scheme by one-year     FROM the ARCHIVES   "Pharma sales is the main business for hospitals" A leading Mumbai-based surgeon (who prefers to be anonymous) tells the inside story about the nexus between hospitals, insurers, pharma majors and Third Party Administrators (TPAs). Excerpts of the interview:... ...................................................................................................................................................... Monsoon: Give the Met Dept a break. They are still on target and so are we! While a 29% rainfall deficiency for June per se may look rather depressing, it is less than 5% of the average rainfall of 887mm in the monsoon and could be possibly made up for in the remaining season...   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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