Fwd: Today's Exclusives - The Adidas-Reebok saga in India: When the shoe moves to the other foot

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From: Moneylife <noreply@moneylife.in>
Date: Tue, Jul 17, 2012 at 7:01 PM
Subject: Today's Exclusives - The Adidas-Reebok saga in India: When the shoe moves to the other foot
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17 July 2012   Moneylife Exclusive The Adidas-Reebok saga in India: When the shoe moves to the other foot Veeresh Malik We have an unfortunate tendency to simply believe everything the foreign companies tell us. It was so in the case of the Adidas/Reebok episode also, when 'scam' figures of Rs8,700 crore were thrown around and published without demur...   ADVT Other ML Exclusives   Mad chase for GDP growth The government is so obsessed with the GDP growth that it does not see or tend to overlook the fault lines in economic management. It is only when these basic economic frailties are dealt with India's economy would be on an upswing in the true sense... ................................................................................................................................................... Consumer confidence in India falls first time in nine quarters Rising inflation and fuel prices, which are a direct hit on the wallet, combined with a comparatively low GDP and fall of the rupee have taken a toll on consumer confidence... .................................................................................................................................................... Should not microfinance investment vehicles be judged by the same standards set for retail MFIs? While much has been mentioned globally with reference to retail MFIs, the time has now come to apply the same yardstick to MIVs and all other stakeholders who invest in microfinance... .................................................................................................................................................... Axis Bank Q1 net profit up 22% but rising NPAs remain concern Axis Bank reported 22% increase in its first quarter net profit. However, its non-performing assets are showing signs of deterioration which is a serious concern... .................................................................................................................................................... Rupee devaluation of 1966 and its impact The writer describes the impact of the devaluation of the rupee in 1966 following the first major financial crisis of the government. The second part of the epilogue that describes the unknown triumphs and travails of doing international business... .................................................................................................................................................... Daily Market Report: Sensex, Nifty may enjoy a small rally The Nifty is headed down and find its first support at 5,160 and then at 5,075. However, there will intermittent rallies. For a trend reversal, the Nifty must close above previous day's high... ...................................................................................................................................................     At a Glance   - HSBC exposed US to terror fund, money laundering says a panel - Maharashtra Assembly clears Housing Bill - Policy rate alone not responsible for slowing growth says Subbarao - IMF lowers India's growth forecast to 6.1% for 2012 - No scrapping of flat sharing formula for redeveloping MHADA buildings - YV Reddy rules out stagflation for now - HC asks CBI to finish probe in Kurla fake bail bond scam in a month     Corporate Wrap-up   - RIL-BP says will close KG-D6 if investment not okayed - CMIE lowers auto production forecast to 9.6% - NBHC partners with L&T Finance for collateral management - Do not permit industries if norms not obeyed says High Court - Religare's Mantra Air to launch first flight on 23rd July   Personal Finance   - Maharashtra to provide loans to farmers through state co-op bank - MyInsuranceClub.com gets IRDA approval as online web aggregator     FROM the ARCHIVES   Twisting of the forest laws to cover up Jindal's irregularities in Orissa? EAS Sarma, former secretary to the Government of India, in his letter to the prime minister said political clout of an individual (Jindal) cannot and should not be allowed to cover up criminality of this kind... ...................................................................................................................................................... Regulators seek to create financially aware and empowered India The draft "National Strategy for Financial Education" seeks to create a "financially aware and empowered India" and convert savers into investors over five years...   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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