Fwd: Today's Exclusives - Ministry of defence had questioned 'precedence' of allocating defence land for President Pratibha Patil's retirement home

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From: Moneylife <noreply@moneylife.in>
Date: Wed, Apr 18, 2012 at 7:01 PM
Subject: Today's Exclusives - Ministry of defence had questioned 'precedence' of allocating defence land for President Pratibha Patil's retirement home
To: palashbiswaskl@gmail.com

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18 April 2012   Moneylife Exclusive Ministry of defence had questioned 'precedence' of allocating defence land for President Pratibha Patil's retirement home Vinita Deshmukh RTI documents reveal that the President's office twisted home ministry rules in its communication to Defence Estate Office, Pune, to get allotment for President Patil's much-desired land in Pune. The very nature of the land 'A1' makes occupation illegal for any civilian which includes the President ...   ADVT Other ML Exclusives   Cereal Offenders Doctors, stunned by the increase in patients with gastro or digestive-system linked cancers, are suggesting the need to do away with sugar—and breakfast cereals... .................................................................................................................................................... Vijay Mallya: Habitually broke? Mr Mallya was broke 20 years ago. Can he again work his way out of trouble by selling assets? .................................................................................................................................................... SEBI: Curious property buying binge Angry investors plan to keep a close watch on SEBI's spending binge this time... .................................................................................................................................................... Daily Market Report: Sensex, Nifty may continue to have a positive bias Nifty has to refrain from breaking today's low to record some more gains... .................................................................................................................................................... Mumbai rail network is the most vulnerable Any small incident like signal failure can bring the suburban rail network across Mumbai to a halt. The question, however, is why the Railways do not have any backup system in place? .................................................................................................................................................... Rate cuts not incentive enough for homebuyers An analyst with a brokerage firm commented that it would take more cuts and a longer period of time for sentiments to revive because this is one single cut in interest rates, whereas over the last two years the RBI has raised rates 13 times... .................................................................................................................................................... Romney's Money Money is the oxygen of every election campaign and in the end Mitt Romney is the only man with the moolah. All the others just ran out of oxygen... .................................................................................................................................................... Team-building at Finetex A cordial relationship with the staff by celebrating their festivals and giving them something special every day ensured that there was no absenteeism. The 22nd part of a series describing the unknown triumphs and travails of doing international business...         Personal finance today - IDBI bank cuts loan interest rates by 0.25% - Don't insist on minimum balance for basic savings bank deposit account says RBI   At a Glance   - HDFC Bank Q4 net profit up 30% at Rs1,453 crore - Coal Ministry may issue notices to 58 companies this week - SC upholds EC criteria on symbol issue - CBI carries out searches in Noida, Delhi in Tatra case - Mining firms in Goa asked to give details of daily operations   Corporate Wrap-up   - Tata Capital partners with Japanese Century Tokyo for equipment leasing in India - Coke posts 20% sales volume growth in India during Jan-March - IFCI Q4 net profit declines to Rs219.2 crore - HCL Tech Q3 net profit up 28% to Rs602.5 crore     FROM the ARCHIVES   SEBI misrepresents public information on PMS as fiduciary; offers mindless response to simple RTI query A simple query to SEBI about aggregate list of assets under management was stymied as being fiduciary in nature, when parts of that information are already available in public domain. It shows SEBI's intention to stall, rather than share information, with the public... ...................................................................................................................................................... Trees cut illegally for President Pratibha Patil's Pune bungalow? Pune Cantonment Board's reply to RTI application says that the cantonment comes under the jurisdiction of the Maharashtra Tree Act. Was this Act thrown out of the window for the President?   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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