Fwd: Today's Exclusives - India's Picasso leaves behind a precious legacy

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From: Moneylife <noreply@moneylife.in>
Date: Thu, Jun 9, 2011 at 8:20 PM
Subject: Today's Exclusives - India's Picasso leaves behind a precious legacy
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9 June 2011   Moneylife Exclusive India's Picasso leaves behind a precious legacy Moneylife Digital Team MF Hussain, India's most prolific and controversial artist leaves behind a great body of work whose value will jump manifold with his passing away...     Exclusive Column     Decoding a good ad Anil Thakraney The Dirt Devil Vacuum Cleaners TV commercial is a good example of an ad that satisfies the three most important criteria of good advertising...       Other ML Exclusives   Individuals must be vigilant about their credit history to avoid being put on list of defaulters, says CIBIL It appears from complaints that names may be included among list of defaulters due to inaccuracies in the details submitted by institutions to the credit information bureau... ................................................................................................................................................ Anti-corruption movement: It's no longer a convenient Congress versus BJP game What Anna Hazare is saying may not be news anymore. And even as the scams are increasing every day, for those who are over-exposed there is a numbness that is creeping in. But, on the ground, an awareness is building, which was not there before... ................................................................................................................................................ Unaccountable regulators: Cancerous caucus The recent capricious record of the SEBI top brass has shown that Indian regulators may continue with their whimsical ways if investors/savers don't assert their rights and demand accountability from politicians... ................................................................................................................................................ Speak Asia loses its PR agency as well After one of its legal advisors reportedly quit, Speak Asia's PR agency LinOpinion, has also decided to stay away from the controversial MLM company... ................................................................................................................................................ Daily Market Report: Share prices in no-man's land If Nifty falls below 5,480, the market will head lower... ................................................................................................................................................ Anchoring?: The fund industry continues to invest in just a few selected stocks A recent research done by Moneylife shows that stock picking of the mutual fund industry hasn't changed much... ................................................................................................................................................ Bancassurance turns into an assurance that is not bankable Bancassurance has under-delivered till now. Mis-selling by untrained personnel, fat upfront fees from insurers—ultimately drawn from customers—and lack of customer service has been ailing the 'future' of the insurance distribution channel... ................................................................................................................................................ What is the future of the credit and debit card payments system? While a majority of countries have shifted to more secured card payment systems like EMV plus PIN, the US, China and India are still not ready to ditch the magnetic strip card system. However, due to newer payment systems, the future of the card payment system looks bleak... ................................................................................................................................................ Personal finance today Reliance Securities plans to educate 1.5 lakh investors SEBI body ties up with ICICI to offer PG course on markets Max New York Life introduces 'Fast Track Plan' Birla Sun Life MF floats Short Term FMP-Series 16 Religare Mutual Fund unveils 13 months fixed maturity plan Sundaram Mutual Fund introduces Fixed Term Plan-BC Edelweiss Mutual Fund collects over Rs107 crore under Fixed Maturity Plan-91 days-Series 1 Barista Lavazza and Visa tie up for cash withdrawal   At a Glance   - Reliance Securities settles SEBI probe for Rs25 lakh - Govt cannot probe irregularities in Speak Asia: Corporate affairs secretary - Good monsoon will bring down inflation by Oct-end: PMEAC chief - Food inflation up to 9.01% for week ended 28th May - Domestic car sales grow slowest in 24 months in May - Hiring activities improve in May: Monster.Com - CBI searches premises of MTNL ex-officials, HCL; shares tank Corporate Wrap-up   - KSIIDC and GAIL sign joint venture agreement - IndusInd Bank launches Point of Sale acquiring services - Sezal Glass sells float glass biz to Saint Gobain for Rs686 crore   Moneylife Columns     Burden of information: The performance of fund managers depends on how data is analysed and processed William Gamble A growing problem is that governments all over the world are interfering with markets as never before and these interventions distort the price signals, information and create bubbles...     Fastrack: Raunchy, but an interesting route Anil Thakraney The Fastrack ad uses the concept of casual sex to appeal to youngsters. It could lead to some complaints, but the accessories maker appears to have decided that it helps it to break through the clutter...     Face 2 Face   'The proposed web censorship law is a joke' Rajiv Dingra, head of a web advertising consultancy, warns that web advertisers had better not underestimate the web consumer who can react unlike a TV viewer...   Editor's Pick   Facebook faces EU probe The social networking giant will be probed by data-protection regulators over a feature that uses face-recognition software to suggest people's names to tag in pictures without permission. ...................................................................................................................................................... Citigroup hit by cyber-attack According to a report, the banking giant has been hacked, with data belonging to hundreds of thousands of bank-card customers being compromised. ...................................................................................................................................................... Fed head warning on US debt default The biggest risk to the global economy is the US defaulting on its debt, the St Louis Federal Reserve Bank President James Bullard has said. ...................................................................................................................................................... Groupon is a Ponzi scheme, alleges analyst Here's the argument—"The typical Groupon "deal" is 50% off retail, with half of the proceeds going to Groupon. The merchant gets 25% of the revenue he would have received if the same number of customers had arrived via walk-in traffic. Except that all that Groupon revenue is unprofitable—so more and more Groupon revenue is actually bad." ...................................................................................................................................................... Apple and its apps army Apple has developed more than 425,000 applications—the biggest reason why customers are lapping up its gizmos. How does it keep its app developers happy? ...................................................................................................................................................... Cartoon of the week Here's how social networking can go out of hand.   Book Review   Passive investing wins. OK? Debashis Basu The Quest for Alpha has collected the best array of evidence in favour of passive investing...   FROM the ARCHIVES   Is it safe to buy gold even now? The price of gold in India has been on a bull run for the last 13 years. Are gold prices nearing a bubble? ...................................................................................................................................................... A citizen's successful struggle that has finally brought private airports under the RTI Act Citizen activist Sanjay Shirodkar single-handedly took on Mumbai International Airport (MIAL) which refused to provide information, saying that it cannot come under the RTI Act. On 30th May, Central Information Commissioner Sushma Singh ordered that privately-managed airports come under the purview of the RTI Act. It's an important decision that will impact all public-private partnerships that tend to be secretive in their functioning...   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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Palash Biswas
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