Fwd: Today's Exclusives - Reliance Communications: "A House of Cards"

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Jun 19, 2012 at 6:18 PM
Subject: Today's Exclusives - Reliance Communications: "A House of Cards"
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19 June 2012   Moneylife Exclusive Reliance Communications: "A House of Cards" Moneylife Digital Team Canadian research firm Veritas charges that RCom is entering a phase of maximum uncertainty. The company calls the report mala fide...   ADVT Other ML Exclusives   RCom should be valued at Rs15, against the current market price of Rs65, says Veritas report The independent researcher applies an innovative 50% "governance discount" to the intrinsic value of Rs30... .................................................................................................................................................... Daily Market Report: Sensex, Nifty wait for a break out Nifty has to decisively break out of the range of 5,050 (strong support) or 5,120 to set a proper trend... .................................................................................................................................................... Royal Orchid:Tatra connections Arms dealer Ravi Rishi, who is involved in the Tatra truck bribery scandal is said to have spent around $5 million on his daughter's wedding to the son of Chender Baljee—CMD of Royal Orchid Hotels... .................................................................................................................................................... Rajat Gupta's conviction and its larger impact Good corporate governance requires people of integrity and personal integrity. It cannot be regulated—it needs to be internalized and practiced, especially by those who preach these values to others... .................................................................................................................................................... Lawmakers allowed to default on phone bills! Parliamentarians were incensed when Anna Hazare launched a public protest about their foot-dragging on the Lokpal Bill. But these modern-day maharajas continue to use telephone facilities without paying dues, an RTI reply has revealed... .................................................................................................................................................... Airlines losses fuelled by higher taxes Taxes and duties levied by governments—central and states—increase jet fuel cost by 50% in India, compared with neighbouring countries like Pakistan... .................................................................................................................................................... SIDBI to take fast action against defaulters The SIDBI (Amendment) Bill, 2012, would streamline procedure for loan recovery and also seek to confer power upon the SIDBI board to specify investment limit for small units... .................................................................................................................................................... Stock Investing: Are stocks really cheap? There is a widespread propaganda that stocks have become undervalued. Think again... .................................................................................................................................................... Why Western Ghats are to be saved at all costs The Western Ghats, with its numerous species of plants, birds and animals is soon to be upgraded to the status of World Heritage sites. Citizens and activists should take steps to preserve and protect this priceless legacy...     At a Glance   - HC asks Maharashtra to form committees for clearing redevelopment projects - Tennis Association sticks to its selection stand on Paes-Bhupathi - Goldman Sachs, P&G paid Rajat Gupta's legal fee - Consumer Court asks British Airways to pay Rs36,000 to lady passenger - BRICS pledges $75 billion contribution to Euro zone bailout fund   Corporate Wrap-up   - Auto companies apply breaks on production as demand slips - Steel bucks slowdown as imports jumps 69% in April-May - FDI falls 41% to $1.85 billion during April - Bank funding still a pipe-dream for 53% SMEs says CRISIL   Personal Finance   - Mumbai most expensive city for night charges in hotel: Study - Western Union launches promotional scheme for online remittance - ICICI Pru AMC launches US bluechip equity fund     FROM the ARCHIVES   Political leaders on currency notes? The RBI's move to add Dr BR Ambedkar, Chhattrapati Shivaji Maharaj, Pt Jawaharlal Nehru and Indira Gandhi as faces on currency notes will lead to needless acrimony... ...................................................................................................................................................... Bribery: SEBI must show good governance Although SEBI has remained silent about bribery charges against its staff, it is time the regulator puts out a comprehensive statement on the status of the investigations...   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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