Fwd: Today's Exclusives - Kumar Birla's Living Media investment is a bet on a sunset sector

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From: Moneylife <noreply@moneylife.in>
Date: Mon, May 21, 2012 at 7:10 PM
Subject: Today's Exclusives - Kumar Birla's Living Media investment is a bet on a sunset sector
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21 May 2012   Moneylife Exclusive Kumar Birla's Living Media investment is a bet on a sunset sector Debashis Basu Kumar Mangalam Birla's investments in "sunrise" sectors over the last decade have been garments, retailing, telecom, financial services and software. All these have fetched very poor returns. Now comes his investment in the messy, unprofitable and sunset media sector...   ADVT Other ML Exclusives   TV Today investors over-react to Kumar Birla's investment in Living Media group? The Aditya Birla Group has invested 27.5% stake in Living Media India, a holding company of TV Today Network, for an undisclosed sum. Will this change the business model of TV Today? .................................................................................................................................................... Daily Market Report: Gains on Sensex, Nifty may continue If the Nifty can hold itself above 4,789, it may rise to the level of 5,040... .................................................................................................................................................... Jain Irrigation Systems: Can't pay its huge debt and wants to conquer Africa The micro irrigation company is facing slowing sales growth, increasing delay in release of government subsidy receivables and consequently high working capital and high interest cost and yet has committed an investment of $375 million in sub-African countries... .................................................................................................................................................... It's not Europe: Credit issues in emerging markets In emerging markets both the banks and the regulators are often subject to the whims of the state. So the size of the credit problems that actually lurk on their balance sheets may eventually make Europe's problems look quite small... .................................................................................................................................................... Anti-encroachment drive: Activists come together in support of BMC officer NGOs and social activists have together written a letter to the BMC and Mumbai Police chiefs supporting the BMC staff for taking effective action against encroachments like hawkers and structures and making the Dadar station area for a good six weeks... .................................................................................................................................................... Staff training has its rewards Impromptu meetings called by the management were a learning experience for all. The 36th part of a series describing the unknown triumphs and travails of doing international business...   ADVT     Personal finance today - IDBI Federal launches 'Termsurance' for senior citizens - RBI ask banks to reduce exposure to NBFC's giving gold loans - Punjab to disburse welfare funds online - Double home loan cap to Rs10 lakh: RBI to urban co-op banks     At a Glance   - White Paper for setting of Lokpal to deal with black money - CID meet mulls on devising mechanism to tackle MLM, MCS cases - Parliamentary panel for making Model Code of Conduct part of RP Act - IPG losing grip on pilots, two more join work - Sports Ministry for probe into charges of black money in IPL - Pomersbach tells police he was under influence of alcohol - Paternity suit: HC asks Tiwari to give blood sample on 26 May   Corporate Wrap-up   - Lanco says power plant to shut down if gas supplies from KG basin dwindle - Essar Oil signs pact with L&T for bitumen supply - L&T Construction gets Rs744 crore contracts in first quarter - Dr Reddy's launches much-delayed acidity drug in US - BHEL wins contract for 1,320MW Solapur power project     FROM the ARCHIVES   IRDA chairman makes war heroes happy; says "Insurance companies should cover essential implants Speaking at a Moneylife Foundation seminar, IRDA chairman J Hari Narayan said that the need for various implants is real and it has to be addressed as disability can happen due to accidents, medical condition or at birth... ...................................................................................................................................................... IRDA chairman: "We are working towards insurance coverage for persons disadvantaged one way or other" Speaking at a closed-door discussion organised by Moneylife Foundation, IRDA chairman J Hari Narayan said that draft guidelines assert that disadvantaged persons should not be ground for rejection or increase in premium...   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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