Fwd: Today's Exclusives - Kingfisher House, near Sahar served eviction notice for not paying rent and charges

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Apr 24, 2012 at 7:28 PM
Subject: Today's Exclusives - Kingfisher House, near Sahar served eviction notice for not paying rent and charges
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24 April 2012   Moneylife Exclusive Now Kingfisher House, near Sahar served eviction notice for not paying rent and charges Moneylife Digital Team What banks have not done against Kingfisher Airlines for its outstanding loan of Rs7,000 crore turning into to non-performing assets (NPAs), has been done by a realtor on whose premises the "King of Good Times" has its operational offices...   ADVT Other ML Exclusives   Birla Sun Life Insurance fined for only 2 out the 22 violations IRDA has penalised Birla Sun Life Insurance Company a paltry Rs6 lakh for a slew of violations, some serious including using unlicensed entities to sell insurance... .................................................................................................................................................... While Mumbai realtors complain, new launches propel sales On May 3rd, the builder lobby will go on a strike. But considering the fact that "over regulation" hasn't stopped new projects from taking off, it remains to be watched how they present their grievances... .................................................................................................................................................... Daily Market Report: Sensex, Nifty may resume fall Nifty may be headed for 5,145 and then to 5,080. A close above today's high may be a first sign of reversal... .................................................................................................................................................... Does your car and bike insurance premium subsidise the fat cats? IRDA has increased premiums for automobile insurance with effect from 1 April 2012. Insurance companies have come up with a new trick of using only the engine cubic capacity. The smaller and cheaper cars and bikes are subsidising the bigger and costlier ones... .................................................................................................................................................... Fund Performance: Fooled by randomness Avoid style or theme funds and stick to a few diversified funds. As each fund is diversified enough, putting money across several funds does not help you any better in terms of portfolio diversification...         Personal finance today - Tata AIG General launches lifetime renewable reimbursement health insurance policy - Three quarters of the world's poor are "unbanked", says World Bank - HDFC Bank ties up with Wells Fargo to offer remittances from US   At a Glance   - Retrospective change in I-T Act may yield around Rs40,000 crore - UltraTech FY11-12 net profit up 42% at Rs2,446 crore - SBI, 4 more banks cut interest rates - Finance ministry may cut capital gains tax on PE investments - RBI not in favour of allowing MFIs to take deposits: RBI deputy governor   Corporate Wrap-up   - Coromandel International net profit down 8% in FY12 - ADB to fund Reliance Power's solar plant - Rallis Q4 net profit Rs9.26 crore; acquires organic manure business     FROM the ARCHIVES   BEST uninterested in starting airport shuttle service Considering the issue of traffic congestion and frequent strikes by auto rickshaw drivers, an airport bus shuttle service would be efficient from the usability point of view... ...................................................................................................................................................... Bigamy for an MP is a "personal matter" Mr Kumaraswamy recently admitted that he had also secretly tied the knot with actress Radhika and has a daughter with her. The state Lokayukta had demanded disqualification of Kumaraswamy as an MP for violating the Hindu Marriage Act that prohibits polygamy...   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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