Fwd: Today's Exclusives - Uphaar Cinema fire victims get reduced compensation, making a mockery of innocent deaths

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From: Moneylife <noreply@moneylife.in>
Date: Fri, Oct 14, 2011 at 6:49 PM
Subject: Today's Exclusives - Uphaar Cinema fire victims get reduced compensation, making a mockery of innocent deaths
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14 October 2011   Moneylife Exclusive Uphaar Cinema fire victims get reduced compensation, making a mockery of innocent deaths Vinita Deshmukh A total of 28 families whose close members died in the Uphaar Cinema fire tragedy in 1997 continue to wait for justice for their irreparable loss. They have been campaigning for action and compensation against the theatre-owners, who violated laws for getting more money from the extra seats that blocked the way of safety...     Exclusive Column     What else can you and I do for Shehla Masood? Lodge a complaint with the Central Information Commissioner Vinita Deshmukh In a visionary resolution, the CIC has taken the onus of examining the pending RTI applications of a victim who has been assaulted or killed while seeking information and ordering the concerned department(s) to publish that information within four weeks. Here's how you can register a complaint under the RTI Act...       Other ML Exclusives   ICICI Pru iCare delivers 'instant' online term insurance, but watch out for some caveats ICICI Prudential's iCare is an innovative product offering 'instant' insurance—but it may not deliver in all cases. Medical tests are not needed for instant online purchase. But there is no guarantee that you'll pass the 'threshold risk' online test to buy the product at a click... ............................................................................................................................................. Daily Market Report: Share prices may see more gains If the upmove continues, the Nifty may reach 5,210... .............................................................................................................................................. Digitisation will give cable TV industry a big boost The Union Cabinet has approved an ordinance for mandatory digitisation of TV cable networks across the country. This move has the potential to brighten the prospects for the industry... .............................................................................................................................................. India to join Paris-based elite wine organisation OIV Experts have welcomed the move from the Paris-based International Organization of Vine and Wine, as it will help in improving the quality standard of Indian wines... .............................................................................................................................................. Advertising via mobiles: India tops growth-list of 50 nations; Nokia continues dominance despite stiff competition Survey shows the Finnish company holds 64.8% of market share; India is expected to be served more than 10 billion ads over mobile phones and continue its scorching growth... .............................................................................................................................................. Lease-rental for cars is not a smart option for individuals Operational leasing for private vehicle owners will start making sense only when manufacturers start reducing prices of their sedans to more sensible levels, relative to two-wheelers and 'ordinary' hatchback cars... .............................................................................................................................................. Speak Asia, where is the money? All panellists of the Ponzi scheme are eagerly waiting for their money they had 'invested' in Speak Asia for earning huge returns. According to investigative reports, almost half of the money collected by Speak Asia was transferred to Singapore, while the rest may still be in India... .............................................................................................................................................. High net-worth Indians' wealth grows 22% over 2008-09, touches $582 billion Along with China, India has been the most consistent driver of wealth in the Asia-Pacific region, says a recent survey. The number of Asia's high net-worth individuals grew 9.7% to 3.3 million, exceeding Europe for the first time... .............................................................................................................................................. Construction industry: Sluggishness to continue in on-ground execution Slow decision-making in the government and stretched payment cycles in the construction industry expected to pull down earnings... .............................................................................................................................................. Corporate Governance: Is it just a facade? The Everonn case shows how a chairman and directors are not enough to ensure governance among listed companies... .............................................................................................................................................. Healthcare: A physician tries to heal the medical system Wellspring Healthcare aims to fill a void in the primary healthcare delivery system by injecting a dose of professionalism... .............................................................................................................................................. Corporate Valuation: Promoter takes all Think carefully before falling into the trap of justifying high valuations on the basis of some 'hidden' value... .............................................................................................................................................. Personal finance today - Kotak Mahindra MF launches 24 months fixed maturity plan - Royal Sundaram strengthens foothold in Madurai - L&T to infuse Rs 500-cr in insurance business in next 3-4 years - IDBI Bank revises home loan and auto loan rate for festival season   ON STANDS NOW At a Glance   - Inflation above comfort level, industrial production concern too: RBI - Court to decide on framing of charges in 2G case on 22nd October - IMF endorses RBI's monetary tightening policy - No dilution of RTI Act: PM - Workers defy HC orders, Maruti strike enters 8th day   Corporate Wrap-up   - Volvo plans Rs400-cr investment in India - Hitachi opens first R&D centre in India - Hyundai launches Eon, starting at Rs 2.7 lakh Moneylife Columns     Maruti Suzuki industrial unrest at Manesar: The inside story Veeresh Malik The strike at the Maruti Suzuki plant at Manesar has entered the 5th day. Production has stopped and the workers have taken over the plant, staging a 'sit-in' protest. What has fuelled this ugly face-off?     A workable microfinance & financial inclusion policy: How can it be formulated? Ramesh S Arunachalam India needs a microfinance policy that is holistic, futuristic and yet practical in terms of satisfying unmet ground-level financial needs of low-income and excluded people. It should be developed through a truly bottom-up and democratic process with widespread stakeholder input and consultations...       Face 2 Face   Future Generali India Life Insurance: "ULIP charges are squeezed; wonder if any insurer charges less than the maximum allowed" Future Generali believes that the life insurance market is big enough for all the players to compete in newer areas and segments. Deepak Sood, MD & CEO, Future Generali India Life Insurance, says that good claims settlement ratio and quick claims turnaround time are the main drivers of customer satisfaction and retention. Excerpts:..   Editor's Pick   JP Morgan bets against itself And laughs all the way to the bank. ...................................................................................................................................................... S&P cuts Spain's rating Slowing growth and rising bank defaults are causing the pain in Spain. ...................................................................................................................................................... Apple iOS 5 faces download hiccups The demand for the new operating system has caused Apple's servers to crash. ...................................................................................................................................................... Finally, you'll know why BlackBerry crashed The key problem was database corruption. ...................................................................................................................................................... Brent crude nears $112 The market is betting that China may ease its monetary policy. ...................................................................................................................................................... Graphic of the Week Steve Jobs: Life seen through his lens.     Book Review   Written in stone: Over the years Shukti Sarma A bare-bones history of life...   FROM the ARCHIVES   The Life Insurance Corporation coughs up crores for tobacco investments LIC has invested Rs3,600 crore in three tobacco companies in 2010-11, and has acquired more shares of ITC over the years. This has been revealed through an RTI query ...................................................................................................................................................... Reduce halts to gain speed on Mumbai local trains, say experts Cyclic timetable appears to be a well-tested scientific tool of timetable planning which has benefitted many countries in their public transport operations. It can also be used successfully on Mumbai's vast suburban rail network ...     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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