LIFE


Moneylife Digital Team 05 January 2013
An interactive discussion on the Mumbai Development Plan was conducted by Moneylife Foundation on 3rd January wherein participants urged the citizens of the metropolis have their say The people of Mumbai have a one-week window in which to play an active role in helping to ensure that the...

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A commentary on events, news, data and markets by a big name on Wall Street Barton Biggs, the global equities strategist of Morgan Stanley, was a well-known figure on the Wall Street. After Biggs left Morgan Stanley, he managed his own fund, Traxis Partners. His earlier book, the...

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Moneylife Digital Team 03 January 2013
Medical developments from around the world Exercise after Age 40 May Increase Life Expectancy A study published recently in the journal PLOS Medicine sounds a loud wake-up call to ‘healthy weight’ couch potatoes who believe their good BMI (body mass index) will ensure them a long life....

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Hospitals often diagnose fake critical illness or serious injuries just to loot hapless patients Gopal (not his real name) is a young techie working for a big software company in Chennai. One day, he was a bit late to office and was in a hurry. He was trying to park his two-wheeler with...

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Medicine does not believe in the wellness concept. Everyone is ill unless proved otherwise is the present paradigm, thanks to the total body scanners. It is preposterous that medical science does not worry about health promotion, while it goes overboard about disease interventions, many of...

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MDT/PTI 02 January 2013
Had not passed, fiscal cliff would have resulted in increased tax rates for more than 98% of Americans Washington: Overcoming Republican resistance, the US House of Representatives late Tuesday night passed the "fiscal cliff" bill by 257 to 167 votes, ending a dramatic New Year's Day...

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MDT/PTI 31 December 2012
For India, 2012 was a rough ride year in which bad things became worst and good ones continue to face decline   New Delhi: 2012 was a rough ride year for the country, which had to negotiate the choppy waters of domestic politics, face a situation of mass exodus from North East and...

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MDT/PTI 31 December 2012
Beginning with 'Race 2' and 'Murder 3', the year will have some of the much-awaited sequels as well as remakes like 'Chashme Baddoor' and 'Zanjeer'   New Delhi: 2013 seems to be the year of remakes and sequels in Bollywood, India's top most movie industry based in Mumbai, as a...

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MDT/PTI 31 December 2012
With shows like 'Satyamev Jayate', 'Kaun Banega Crorepati', Balika Vadhu' on board, it seemed in 2012 Indian TV has gone back to its roots of the 80's and 90's where shows like 'Hum Log' and 'Krishi Darshan' majorly talked about various aspects of human life Small screen this year was...

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Debashis Basu  and   Aditya Govindraj 29 December 2012
A bland story around an also-ran business At one time, Rediff (www.rediff.com) was a popular web address in India. Started by Ajit Balakrishnan, Rediff was the Indian Yahoo, offering search, email and daily information on cricket, music, politics, Bollywood, etc. Balakrishnan was already...

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Taming disability has always been a concern. NGOs such as Impact India Foundation seek to provide easier access to healthcare especially to habitations away from medical facilities Did you know that roughly 70 million people in India are disabled? This constitutes more than 6% of the...

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MDT/PTI 28 December 2012
Under the consent agreement signed by Rajaratnam, he would pay a total of $1.45 million, which includes $1.3 million in disgorgement and about $147,000 in prejudgment interest New York: Jailed hedge-fund founder Raj Rajaratnam has agreed to pay $1.45 million to settle a civil lawsuit...

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MDT/PTI 28 December 2012
Chairman-designate Cyrus Mistry, who made a visit to Bombay House on Friday, will on Saturday take charge of the new assignment, sources in Tata Sons said Ratan Tata, an iconic corporate leader, retired as chairman of the Tata Group after a 50-year run Friday but kept away from office on...

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Moneylife Digital Team 27 December 2012
Moneylife Foundation caps off an eventful year with a seminar on Wills and Nominations where Dr SD Israni enthralled an audience of over a hundred with his acumen and real life examples to emphasize the importance of wills, nominations and transmission The much-in-demand workshop on...

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Moneylife Digital Team 27 December 2012
In our final piece on Herbalife, we find out how distributors have been let down by the company they gave several years to. Negative testimonials show how lives have been ruined by this multi-level marketing scheme and why regulators need to act soon Bill Ackman, an activist and hedge...

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Moneylife Digital Team 26 December 2012
In the first part of this series, we reported Bill Ackman’s analysis of Herbalife’s business, which consistently achieves high sales of a commodity product despite extremely low advertising and technological input. So, how has it grown so fast over the past 30 years? This is where Herbalife’s...

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Modern medicine’s scientific base is still shaky. Yet, it is prevalent today, thanks to pharmaceutical and medical devices lobbies who earn millions. If the profession can overcome the enormous pressure of the powerful pharmaceuticals lobby, mankind could hope to get modern medicine to do...

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Moneylife Digital Team 22 December 2012
Rant about the nonsense we are fed daily Many Indians are no strangers to scams, politics sleaze, mudslinging, crony capitalism and much worse. But if you read Ranjeev C Dubey, unknown to us, we are fed with a daily dose of bullshit by every kind of institution—the justice system, the...

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Andrew Abraham 21 December 2012
Here is the world’s greatest investor and you see firsthand how hard it really is. I doubt very many of you would have waited eight years to get back to break even. I doubt many of you would have the mental fortitude to withstand a 50% drawdown. Buffett was not alone There are countless...

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Akshay Iyer 20 December 2012
Is the pharmaceutical industry trying to create an opportunity for making money by hard-selling new vaccines to parents by creating a false scare about the disease? In July 2012, leading pharmaceutical major GlaxoSmithKline started issuing advertisements saying that nearly five lakh...

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