Fwd: Weekly Updates - Hospitals and pharma sales, Illegal passengers in railways, Market likely to give up some gains and many more...

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From: Moneylife <noreply@moneylife.in>
Date: Sat, Jul 7, 2012 at 2:39 PM
Subject: Weekly Updates - Hospitals and pharma sales, Illegal passengers in railways, Market likely to give up some gains and many more...
To: palashbiswaskl@gmail.com

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TOP STORIES OF THE WEEK   "Pharma sales is the main business for hospitals" A leading Mumbai-based surgeon (who prefers to be anonymous) tells the inside story about the nexus between hospitals, insurers, pharma majors and Third Party Administrators (TPAs). Excerpts of the interview:.. *"Health insurance claim filing within 7 days is often unfeasible" *Have banks misled investors by inaccurate reporting of NPAs? *Powai land scam: Hiranandani, senior IAS officer under ACB scanner *GlaxoSmithKline's crooked behaviour: Norm or exception? *Railways fail to evict illegal passengers from reserved coaches *Osian's Art Fund: Some unit holders still awaiting first payment   ADVT EXCLUSIVE COLUMNS   Can we have banking without charges & penalties? Gurpur Tax evasion: It's all Greek to me William Gamble Observing simple traffic rules: Stop and proceed please Sudhir Badami MARKETS/REGULATION   *Weekly Market Report: Market likely to give up some gains A close below 5,390 followed by a break of 5,265 during the week will be bearish... *Bulls unable to make much headway but succeed in holding on *Investing: Nowhere to hide     BOOKS: THE LOVE OF THE PRINTED WORD   Flame Nelofar Currimbhoy Red Capitalism Carl E Walter and Fraser JT Howie The Little Book of Bull's Eye Investing John Mauldin   COMPANIES & SECTORS   GlaxoSmithKline agrees to pay $3 billion to settle healthcare fraud The largest fraud settlement case would help ensure that doctors make prescribing decisions based on good science and not on misinformation, money, or favours provided by the pharmaceutical industry... *Affordable housing not affordable to buyers, developers *Car Sales:Slowing down *Kotak fears bad loans may put pressure on bank margins *How to make the boards of large NBFC MFIs implement corporate governance norms in practice? (Part I) *Power "less" dilemma: Coal industry at the cross-roads     PERSONAL FINANCE/BANKING/CONSUMER INTEREST   E-filing of I-T returns: The easy way Filing of income tax returns online is very easy and free, especially for salaried people. There is no need to visit sites that charge some money for e-filing your I-T returns... *Tata Cards allegedly shortchanges a loyal card customer *The business called "modern medicine" *SBI waives minimum balance criteria for savings bank account *Mutual fund AUM up for the first time in four quarters   ECONOMY&NATION   Investors are reassessing India risk, says StanChart Standard Chartered has advised caution in its new report, citing macroeconomic headwinds and key economic reforms as key for new finance minister to boost growth... *Consistently inconsistent foodgrain policy! *Pranab's rupee booster measure backfires but FIIs jump into stocks and rupee strengthens nevertheless! *New study exposes NGO's climate smart agriculture as fraudulent! *Monsoon and El Nino: How much of this scare is real? *Monsoon: Give the Met Dept a break. They are still on target and so are we! *Mumbai's position declining slowly thanks to its poor infrastructure   PUBLIC INTEREST   Drycleaners: Taking us to the cleaners! Dry-cleaners nowadays use plain old water instead of petrol, which ruins the clothes. Even the consumer courts will be helpless in resolving the issue... *Fresh thinking for underground Metro in Mumbai *Western Ghats: Challenges of sustainable development *Making admission to IITs fair   PERSONAL BUSINESS   Graceful Exit Why are employee exits often acrimonious? G Venkatesh narrates several real-life stories to drive home the lessons learnt... *The Copyright (Amendment) Bill 2012: The right of artistes   OTHER NEWS   Big pharma's big fines The government has fined drug companies billions of dollars for illegally promoting drugs for unapproved uses. Here's a closer look at six of the most recent major fraud fines... *Big foreclosure compensation, but only for the right wrongs in the US *US presidential polls: Chief Justice Roberts saves the day *Barclays expects the euro to fall despite move by European leaders   HISTORY   Expanding work into Jordan A visit to Jordan was fruitful as the writer met many merchants there. The 56th part of a series describing the unknown triumphs and travails of doing international business... *Beirut, the hospitality capital of the Middle East *Special assignment to Turkey: Gauging the needs of Turkish businessmen   BEYOND MONEY: FOR THOSE WHO NEED A HELPING HAND   Disha provides free, confidential, one-on-one counselling for those who need to understand their finances better, says Seraphina D'Souza     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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