Fwd: Today's Exclusives - Reliance MediaWorks: Story of PE fund investment not the first time

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From: Moneylife <noreply@moneylife.in>
Date: Wed, Jul 18, 2012 at 7:01 PM
Subject: Today's Exclusives - Reliance MediaWorks: Story of PE fund investment not the first time
To: palashbiswaskl@gmail.com

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18 July 2012   Moneylife Exclusive Reliance MediaWorks: Story of PE fund investment not the first time Moneylife Digital Team Reliance MediaWorks, a loss making company of the Anil Ambani group claims to have found a PE fund which is interested in buying 'minority' stake for Rs605 crore in its film and media services division. Can this be true? This is not the first time that the limping entertainment business of Anil Ambani has claimed to have got a large investment by a foreign fund...   ADVT Other ML Exclusives   Are brokers and investors being made 'scapegoats' by SEBI? SEBI wants brokers and investors to give an undertaking that they have no connection with the company in which the investor wants to invest his hard earned money... ................................................................................................................................................... In Rajasthan, where the RTI movement was born, technical university strangulates it B Tech student Abhishek Jain lost a plum IT job in Bangalore thanks to Rajasthan Technical University which lost his answer paper. He tenaciously pursued RTI but the university has made things tougher for students... .................................................................................................................................................... Poor exports hits Bajaj Auto in Q1, net profit remains flat at Rs718 crore Amidst subdued demand, disruption in its export market and cost pressures, Bajaj Auto has reported weak results in the June quarter... .................................................................................................................................................... Merrill Lynch Fund Manager survey warns of IT bubble burst The survey said a sharp drop in expectations of corporate profit growth has weakened investor confidence and global investors have scaled back technology holdings with just 32% of them remaining overweight on IT... .................................................................................................................................................... Rajesh Khanna, the first superstar of Hindi films, is no more Rajesh Khanna, whose romantic persona in songs like "Mere sapno ki raani", "O mere dil ke chain" and "Roop tera mastana" made many a young woman's heart skip a beat, was Hindi film world's first actor to attain superstar status... .................................................................................................................................................... US presidential polls: Romney may beat Obama at fund raising It is quite possible that Governor Romney will not only catch up with President Obama in fund raising but may well overtake him. There is no shortage of money. The war has just begun... .................................................................................................................................................... Use of costly technologies in healthcare should be denounced Health services in the country could improve if the use of costly technologies is reduced and "free treatment" is abolished... .................................................................................................................................................... Daily Market Report: Gains on Sensex, Nifty may be temporary As suggested yesterday, Nifty did get a support near 5,160 and a small rally ensued, but the gains may not be sustained... ...................................................................................................................................................     At a Glance   - Retail inflation marginally down at 10.02% in June - India staff of HSBC under scanner in the US probe - University textbook declares Mukherjee as 14th President! - HC notice to Amitabh, Salman, Kareena and BCCI over IPL show - Jharkhand chief secretary fined for not replying to HC directive - Water is must and cannot be abruptly cut off says Consumer Forum     Corporate Wrap-up   - EGoM decides on roll-out obligations for telcos - EGoM asks DoT to prepare set of reserve price and government revenue - EPFO slaps Rs55 crore demand notice on Ahluwalia Contracts - HC asks pollution board to cut off power of errant electroplating units   Personal Finance   - Government looking at LPG subsidy cut, partial decontrol of diesel - SEBI panel for raising MF's administrative, other expenses - SEBI to avoid turf war on allowing MFs to enter pension business     FROM the ARCHIVES   The Adidas-Reebok saga in India: When the shoe moves to the other foot 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... ...................................................................................................................................................... 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...   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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