Fwd: Today's Exclusives - TDS certificates should be sent to customers: RBI to banks

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Sep 6, 2011 at 7:36 PM
Subject: Today's Exclusives - TDS certificates should be sent to customers: RBI to banks
To: palashbiswaskl@gmail.com

 

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6 September 2011   Moneylife Exclusive TDS certificates should be sent to customers: RBI to banks Moneylife Digital Team The banking regulator today announced 10 points that banks must work on to improve services for customers...     Exclusive Column     Financial inclusion of sugarcane farmers in modern-day India Ramesh S Arunachalam In some ways, financing arrangements today penalise the small producer for mistakes of other parties. There is an urgent need to make financial products for low-income people client-sensitive and responsive...       Other ML Exclusives   Moneylife Foundation sends memorandum on TDS to the FM, RBI Moneylife Foundation decided to take the issue of hardships faced by bank depositors due to TDS and sent a memorandum to authorities... ............................................................................................................................................... Shakti Pumps openly shows eagerness to boost share price The company, in its official filing with the Bombay Stock Exchange, writes about the promoters' "creeping acquisition" of its own shares and how its share price has beaten the Sensex... ............................................................................................................................................... Infinite Solution shares continue to sag, despite share buyback The stock has lost more than 50% of its value since the company announced a share buyback in April. This shows a serious crisis of confidence among investors... ............................................................................................................................................... Daily Market Report: Share prices may continue to rally if Nifty holds above 5,020 The Nifty's short-term range is between 4,943 and 5,100... ............................................................................................................................................... Fortnightly Market View: New consensus The herd has done a U-turn... ............................................................................................................................................... Will Maruti lockout be a catalyst for corporate change? There is speculation that Maruti may well use the lockout to move from the current landlocked location to a place near a seaport, which could be Gujarat, an auto hub. This will free up priceless land in Haryana as well... ............................................................................................................................................... Private-public partnerships must come under RTI, says CIC Shailesh Gandhi, central information commissioner, says that with more and more public projects handled by PPPs, people have a right to know what is happening to these assets. He was speaking at a Moneylife seminar at the weekend... ............................................................................................................................................... Hybrid funds: A bird or a plane? A lot of debt with a bit of equity is a poor idea, as ML Research Desk finds out... ............................................................................................................................................... No need to lose sleep over Lokpal. We shall overcome through RTI! My confidence in the existing parliamentary and judicial process has been shaken badly by the recent events in the campaign against corruption... .............................................................................................................................................. "We want to retain our record of low claim rejection" Rituraj Bhattacharya, head of market management and product development, Bajaj Allianz Life Insurance, insists that the company will do what is fair for customers... .............................................................................................................................................. Doctors' poison pill burns our pockets It's all well to talk about Bofors and 2G corruption. But what about the cuts taken by doctors who refer patients for tests and scans? .............................................................................................................................................. Tata Docomo: Simple and nice The campaign is single-minded, the creative takes the correct leap, and gets the message across through simple stories. All in all, good work... .............................................................................................................................................. Personal finance today - DSP BlackRock MF floats 3 months fixed maturity plan - Reliance MF launches Fixed Horizon Fund-XX-Series 31 - Morgan Stanley MF unveils Liquid Fund   ON STANDS NOW At a Glance   - Amar Singh, 2 former BJP MPs sent to Tihar jail in cash-for-votes scam - 2G accused move petition to make TRAI report part of court records - JPC probing into the 2G scam gets time till the budget session - WikiLeaks: Essar pays protection money to Maoists - Union Cabinet approves Land Acquisition Bill; to be tabled in parliament on Wednesday Corporate Wrap-up   - SBI deploys technology platform for supply chain partners - Ashok Leyland sales slips 3.5% in August - IL&FS subsidiary trims fund raising plans by $1 bn   Moneylife Columns     Kotak Mahindra turns 25. Once again! Anil Thakraney The ads are so dull and witless; you'd rather watch paint dry on a wall. The least they ought to have done was to make the stories very funny and interesting...     Regulation: Paralysed regulators Sucheta Dalal With wrong people at the helm, distrust and lack of integrity are the norm...     Face 2 Face   'Affordable housing is a demand category yet to be taken up' Everyday, thousands of home-seekers surf the Internet, looking for their dream home. How does the residential property market look through the lens of a property portal? Ganesh Vasudevan, vice president and business head of indiaproperty.com, gives an overview to Moneylife...     Editor's Pick   News Corp. to Sell Wapping Site News International says decision to sell 15-acre site follows a review of its London property portfolio. ...................................................................................................................................................... US banks offered deal over lawsuits: report The Financial Times reports that state prosecutors have proposed settlement language in so-called "robo-signing" cases that also may release the banks, which include Bank of America, JP Morgan Chase and Citi Group, from legal liability for wrongful securitization practices. ...................................................................................................................................................... Apple to open first Hong Kong store as China demand surges The company says that the two-storey store is to be located inside the International Finance Center Mall. But it has declined to give a date. ...................................................................................................................................................... Gold rises as growth, debt concerns boost demand The yellow metal is up 33% this year, outperforming global stocks, commodities and Treasuries. ...................................................................................................................................................... Retail sales in the UK dip on lower non-food spending According to a survey by the British Retail Consortium, consumers bought fewer non-essential items in August, the latest in a string of dire news on the state of the economy. ...................................................................................................................................................... Cartoon of the week Here are a whole lot of them-Libya is the flavour of the month.   Book Review   Indian Mujahideen: The terror inside Shukti Sarma Shishir Gupta writes some hard facts about home-grown terrorists in "Indian Mujahideen".   FROM the ARCHIVES   Cochin Port Trust bats for DP World, LBW cabotage A one-sided contract between Cochin Port Trust, the landlord, and DP World Ports Vallarpadam Terminal, its tenant, has led to intense lobbying over cabotage rules. A local problem, which has more to do with a local solution, is being used as a catalyst to push a deeper agenda with a national bearing. The country's interests are at the stake, once again, for reasons that increasingly appear to be very shady... ...................................................................................................................................................... Sahara India Financial's ad announcing repayment of all deposits by December comes under RBI scanner The company's announcement in the media last week follows a fresh order by the Reserve Bank of India, asking it to bring down its aggregate liability to zero by 30 June 2015 and repay its depositors on maturity...     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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