Tuesday, 4 September 2012

[www.keralites.net] Double your Money in 6 years - Invest in IIFL Bonds

 

Comany Name  :INDIA INFOLINE FINANCE LIMITED

Company Profile 
India Infoline Finance Limited is a subsidiary of India Infoline Limited (IIFL). The Company is engaged in the activity of mortgage financing,  loan against securities gold loans margin funding and other consumer financing products.

Issue open on : 5-September-2012
Issue Closes on :18-Septemer-2012


Key Highlights of the Issue


Issue Size                                 :250cr*
Rating                                       :[ICRA] AA-(Stable) "by ICRA, "CRISIL AA -/Stable "by CRISIL
Face value (NCD in Rs)            :1,000/-
Issue price(NCD in Rs)             :At par i.e. Rs 1000/-
Minimum Subscription amount   :5 NCDs and in multiples of one NCD thereafter.
Who can apply                          :Resident Indian Individual, HUF.
Investor should provide             :PAN Number and Demat Account
Listing                                       : NSE BSE
Security Allotment *                  :Unsecured First-cum-first serve basis

Aggregating Rs 250cr with an option  to retain an over subscription of additional Rs 250cr

Basic Terms of Issue
Options
I
II
III
Frequency of Interest Payment
Monthly 
Annually
Cumulative 
Face Value & Issue Price (Rs /NCD)
1,000/-(1 NCD)
Minimum Application
5,000/- (5 NCDs)
In Multiples of
1,000/- (1 NCD)
Tenor 
72 Months 
Coupon (%) p.a.
12.75% 
12.75% 
not applicable
Effective Yield (% p.a.)
13.52
12.75% 
12.75% 
Deemed Date of Allotment
Date of issue of the allotment advice
Redemption Date
72 Months from the Deemed Date of Allotment
Redemption Amount(/NCD) 
Face value plus any interest that may have accrued
Category III (less than Rs 5 lakhs)     : Retail Investor

Eligible person                                  :Resident Indian Individual, HUF through Karta Category

Reservation                                       :Up to 25% of overall issue size

Category III (More than Rs 5 lakhs) : HNI

Eligible person                                       : Resident Indian Individual, HUF through Karta Category

Reservation                                            :Up to 25% of overall issue size
 
Note: Please take advice from your Financail Planner/Chartered Accountant, before investing in this bond.  In case you need more detalis regarding this bond issue please contact the company/Lead Manager or the broker.  This is not a recommandation to invest.  This is an Unsecured Non-Convertable Debeture, so please read the offer document carefully to understand the risk aspects. NRIs are not eligible to invest in this bond.

 
Best Regards
Prakash Nair

www.keralites.net

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[www.keralites.net] RBI ask banks to allow premature withdrawal of FD on death of one of joint account holder without any penalty

 

 
The Reserve Bank of India (RBI) has asked regional rural and co-operative banks to modify Fixed Deposit account opening forms to allow premature withdrawal of FD on death of one of the joint account holders without any penalty. Under the modified norms, it will be easier for the surviving joint account holders to go for premature withdrawal of FD in the event of death of the other. As per the RBI notification, banks will have to incorporate a clause in the FD form to give option of premature withdrawal by survivor in case of death of the other joint account holder.
———————
RBI/2012-13/176
RPCD.CO.RRB.RCB.BC./03.05.33/2012-13
August 23, 2012
All Regional Rural Banks / State and Central Co-operative Banks
Dear Sir,
Repayment of Term/Fixed Deposits with 'Either or Survivor' or 'Former or Survivor' Mandate
It has come to our notice that some Regional Rural Banks (RRBs) / State and Central Co-operative Banks (StCBs/DCCBs) insist on the signatures of both the depositors to allow repayment of money in fixed/term deposits, though the deposit account is opened with operating instructions (sometimes called 'repayment instructions'), 'Either or Survivor' or 'Former or Survivor'. Such insistence on the signatures of both the depositors has the effect of making the mandate given by the depositors redundant. This, in turn, results in unjustified delays and allegations of poor customer service.
2. In this connection, it is clarified that if fixed/term deposit accounts are opened with operating instructions 'Either or Survivor', the signatures of both the depositors need not be obtained for payment of the amount of the deposits on maturity. However, the signatures of both the depositors may have to be obtained, in case the deposit is to be paid before maturity. If the operating instruction is 'Either or Survivor' and one of the depositors expires before the maturity, no pre-payment of the fixed/term deposit may be allowed without the concurrence of the legal heirs of the deceased joint holder. This, however, would not stand in the way of making payment to the survivor on maturity.
3. In case the mandate is 'Former or Survivor', the 'Former' alone can operate/withdraw the matured amount of the fixed/term deposit, when both the depositors are alive. However, the signature of both the depositors may have to be obtained, in case the deposit is to be paid before maturity. If the former expires before the maturity of the fixed/term deposit, the 'Survivor' can withdraw the deposit on maturity. Premature withdrawal would however require the consent of both the parties, when both of them are alive, and that of the surviving depositor and the legal heirs of the deceased in case of death of one of the depositors.
4. If the joint depositors prefer to allow premature withdrawals of fixed/term deposits also in accordance with the mandate of 'Either or Survivor' or 'Former or Survivor', as the case may be, it would be open to RRBs/StCBs/DCCBs to do so, provided they have taken a specific joint mandate from the depositors for the said purpose. In this regard you may also refer to para 3 of our circular RPCD.CO.RRB.BC.22/03.05.33/2005-06 dated July 19, 2005 and RPCD.CO.RF.BC.No.12/07.38.01/2005-06 dated July 12, 2005 in terms of which, RRBs/StCBs/DCCBs were advised to incorporate a clause in the account opening form itself to the effect that in the event of death of the depositor, premature termination of term deposits would be allowed subject to the conditions which they may specify therein. RRBs/StCBs/DCCBs were also advised to give wide publicity to the above and provide guidance to deposit account holders in this regard.
5. However, many of the RRBs/StCBs/DCCBs s have neither incorporated such a clause in the account opening form nor have they taken adequate measures to make the customers aware of the facility of such mandate, thereby putting the "surviving" deposit account holders to unnecessary inconvenience. RRBs/StCBs/DCCBs are, therefore, advised to invariably incorporate the aforesaid clause in the account opening form and also inform their existing as well as future term deposit holders about the availability of such an option.
6. The joint deposit holders may be permitted to give the joint mandate allowing premature withdrawals of fixed/term deposits also in accordance with the mandate of 'Either or Survivor' or 'Former or Survivor' either at the time of placing fixed deposit or anytime subsequently during the term/tenure of the deposit. If such a mandate is obtained, RRBs/StCBs/DCCBs can allow premature withdrawal of term/fixed deposits by the surviving depositor without seeking the concurrence of the legal heirs of the deceased joint deposit holder. It is also reiterated that such premature withdrawal would not attract any penal charge.
7. The clarification provided in paras 5 and 6 of this circular supersede para 3 of our circular RPCD.CO.RRB.BC.22/ 03.05.33/2005-06 dated July 19, 2005 and RPCD.CO.RF.BC.No.12/07.38.01/2005-06 dated July 12, 2005.
Yours faithfully,
(C.D.Srinivasan)
Chief General Manager
 
Best Regards
Prakash Nair

www.keralites.net

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[www.keralites.net] Banks must issue passbook to saving account holder-RBI

 
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[www.keralites.net] Prof Jane Plant : WHY WOMEN IN CHINA DO NOT GET BREAST CANCER

THIS IS A WONDERFUL ARTICLE  … Read this, it applies to men too

      
                             


Prof Jane Plant
 WHY WOMEN IN CHINA DO NOT GET BREAST CANCER  
By Prof. Jane Plant, PhD, CBE 
I had no alternative but to die or to try to find a cure for myself. I am a scientist - surely there was a rational explanation for this cruel illness that affects one in 12 women in the UK ?

I had suffered the loss of one breast, and undergone
  radiotherapy. I was now receiving painful chemotherapy, and had been seen by some of the country's most eminent specialists. But, deep down, I felt certain I was facing death. I had a loving husband, a beautiful home and two young children to care for. I desperately wanted to live.

Fortunately, this desire drove me to
  unearth the facts, some of which were known only to a handful of scientists at the time.

Anyone who has come into contact with breast cancer will know that certain risk factors - such as increasingage, early onset of womanhood, late onset of menopause and a family history of breast cancer - are completely out of our control. But there are many risk factors, which we can control easily.

These "controllable" risk factors readily translate into
  simple changes that we can all make in our day-to-day lives to help prevent or treat breast cancer. My message is that even advanced breast cancer can be overcome because I have done it.

The first clue to understanding what was promoting my breast
  cancer came when my husband Peter, who was also a scientist, arrived back from working in China while I was being plugged in for a chemotherapy session.

He had brought with him cards and
  letters, as well as some amazing herbal suppositories, sent by my friends and science colleagues in China .

The suppositories
  were sent to me as a cure for breast cancer. Despite the awfulness of the situation, we both had a good belly laugh, and I remember saying that this was the treatment for breast cancer in China , then it was little wonder that Chinese women avoided getting the disease.

Those words echoed in my mind.
    Why didn't Chinese women in China get breast cancer?   I had collaborated once with Chinese colleagues on a study of links between soil chemistry and disease, and I remembered some of the statistics.

The disease was virtually non-existent throughout the whole country. Only one in 10,000 women in China will die from it, compared to that terrible figure of one in 12 in Britain and the even grimmer average of one in 10 across most Western countries.
   It is not just a matter of China being a more rural country, with less urban pollution. In highly urbanized Hong Kong , the rate rises to 34 women in every 10,000 but still puts the West to shame.

The Japanese cities of Hiroshima and Nagasaki
  have similar rates. And remember, both cities were attacked withnuclear weapons, so in addition to the usual pollution-related cancers, one would also expect to find some radiation-related cases, too.


The conclusion we can draw from these statistics strikes you with some force. If a Western woman were to move to industrialized, irradiated Hiroshima , she would slash her risk of contracting breast cancer by half. Obviously this is absurd.
 It seemed obvious to me that some lifestyle factor not related to pollution, urbanization or the environment is seriously increasing the Western woman's chance of contracting breast cancer.

I then discovered that whatever causes the huge differences in
 breast cancer rates between oriental and Western countries, it isn't genetic.

Scientific research showed that when Chinese or Japanese people move to the West, within one or two generations their rates of breast cancer approach those of their host community.

The same thing happens when oriental people adopt a completely Western lifestyle in Hong Kong . In fact, the slang name for breast cancer in China translates as 'Rich Woman's Disease'. This is because, in China, only the better off can afford to eat what is termed ' Hong Kong food'.


The Chinese describe all Western food, including everything from ice cream and chocolate bars to spaghetti  and feta cheese, as "Hong Kong food", because of its availability in the former British colony and its scarcity, in the past, in mainland China .

So it made perfect sense to me that whatever  was causing my breast cancer
  and the shockingly high incidence in this country generally, it was almost certainly something to do with our better-off, middle-class, Western lifestyle.

There is an important point for men here, too. I have observed in my
 research that much of the data about prostate cancer leads to similar conclusions.

According to figures from the World Health Organization, the number of men
 contracting prostate cancer in rural China is negligible, only 0.5 men in every 100,000.
 In England, Scotland and Wales , however, this figure is 70 times higher. Like breast cancer, it is a middle-class disease that primarily attacks the wealthier and higher socio-economic groups, those that can afford to eat rich foods.

I remember saying to my husband, "Come on Peter, you have just come back
  from China . What is it about the Chinese way of life that is so different?"

Why don't they get breast cancer?'
We decided to utilize our joint scientific backgrounds and approach it
  logically.

We examined scientific data that pointed us in the general direction of fats in diets.
Researchers had discovered in the 1980s that only l4% of calories in the average Chinese diet were from fat, compared to almost 36% in the West.
But the diet I had been living on for years before I contracted breast cancer was very low in fat and high in fibre.
Besides, I knew as a scientist that fat intake in adults has not been shown to increase risk for breast cancer in most investigations that have followed large groups of women for up to a dozen years.
Then one day something rather special happened. Peter and I have worked
 together so closely over the years that I am not sure which one of us first said: 
"The Chinese don't eat dairy produce!" It is hard to explain to a non-scientist the sudden mental and emotional 'buzz' you get when you know you have had an important insight. It's as if you have had a lot of pieces of a jigsaw in your mind, and suddenly, in a few seconds, they all fall into place and the whole picture is clear.

Suddenly I recalled how many Chinese people were physically unable to
  tolerate milk, how the Chinese people I had worked with had always said that milk was only for babies, and how one of my close friends, who is of Chinese origin, always politely turned down the cheese course at dinner parties.

I knew of no Chinese people who lived a traditional Chinese life who ever
 used cow or other dairy food to feed their babies. The tradition was to use a wet nurse but never, ever, dairy products.

Culturally, the Chinese find our Western preoccupation with milk and milk
 products very   strange. I remember entertaining a large delegation of Chinese scientists shortly after the ending of the Cultural Revolution in the 1980s.

On advice from the Foreign Office, we had asked the caterer to provide a pudding that contained a lot of ice cream. After inquiring what the pudding consisted of, all of the Chinese, including their interpreter, politely but firmly refused to eat it, and they could not be persuaded to change their minds.

At the time we were all delighted and ate extra portions!

Milk, I discovered, is one of the most common causes of food allergies .
 Over 70% of the world's population are unable to digest the milk sugar, lactose, which has led nutritionists to believe that this is the normal condition for adults, not some sort of deficiency. Perhaps nature is trying to tell us that we are eating the wrong food.

Before I had breast cancer for the first time, I had eaten a lot of dairy
 produce, such as skimmed milk, low-fat cheese and yogurt. I had used it as my main source of protein. I also ate cheap but lean minced beef, which I now realized was probably often ground-up dairy cow.

In order to cope with the chemotherapy I received for my fifth case of
 cancer, I had been eating organic yogurts as a way of helping my digestive tract to recover and repopulate my gut with 'good' bacteria.

Recently, I discovered that way back in 1989 yogurt had been implicated in ovarian cancer. Dr Daniel Cramer of Harvard University studied hundreds of women with ovarian cancer, and had them record in detail what they normally ate. Wish I'd been made aware of his findings when he had first discovered them.
 
Following Peter's and my insight into the Chinese diet, I decided to give up not just yogurt but all dairy produce immediately. Cheese, butter, milk and yogurt and anything else that contained dairy produce - it went down the sink or in the rubbish.
 
It is surprising how many products, including commercial soups, biscuits and cakes, contain some form of dairy produce. Even many proprietary brands of margarine marketed as soya, sunflower or olive oil spreads can contain dairy produce
.
I therefore became an avid reader of the small print on food labels.

Up to this point, I had been steadfastly measuring the progress of my fifth cancerous lump with callipers and plotting the results. Despite all the encouraging comments and positive feedback from my doctors and nurses, my own precise observations told me the bitter truth.

My first chemotherapy sessions had produced no effect - the lump was still the same size.
 
Then I eliminated dairy products. Within days, the lump started to shrink
.
About two weeks after my second chemotherapy session and one week after giving up dairy produce, the lump in my neck started to itch. Then it began to soften and to reduce  in size. The line on the graph, which had shown no change, was now pointing downwards as the tumour got smaller and smaller.

And, very significantly, I noted that instead of declining exponentially (a graceful curve) as cancer is meant to do, the tumour's decrease in size was plotted on a straight line heading off the bottom of the graph, indicating a cure, not suppression (or remission) of the tumour.

One Saturday afternoon after about six weeks of excluding all dairy produce from my diet, I practised an hour of meditation then felt for what was left of the lump. I couldn't find it. Yet I was very experienced at detecting cancerous lumps - I had discovered all five cancers on my own. I went downstairs and asked my husband to feel my neck. He could not find any trace of the lump either.

On the following Thursday I was due to be seen by my cancer specialist at
  Charing Cross Hospital in London . He examined me thoroughly, especially my neck where the tumour had been. He was initially bemused and then delighted as he said, "I cannot find it." None of my doctors, it appeared, had expected someone with my type and stage of cancer (which had clearly spread to the lymph system) to survive, let alone be so hale and hearty.

My specialist was as overjoyed as I was. When I first discussed my ideas with him he was understandably sceptical. But I understand that he now uses maps showing cancer mortality in China in his lectures, and recommends a non-dairy diet to his cancer patients.

I now believe that the link between dairy produce and breast cancer is similar to the link between smoking and lung cancer.
 I believe that identifying the link between breast cancer and dairy produce, and then developing a diet specifically targeted at maintaining the health of my breast and hormone system, cured me.

It was difficult for me, as it may be for you, to accept that a substance as 'natural' as milk might have such ominous health implications.
 But I am a living proof that it works and, starting from tomorrow, I shall reveal the secrets of my revolutionary action plan.

Extracted from Your Life in Your Hands, by Professor Jane Plan
  

Additional references:
 https://www.google.com/webhp?client=aff-maxthon-newtab&channel=t2#hl=en&client=aff-maxthon-newtab&channel=t2&output=search&sclient=psy-ab&q=cow+milk+and+breast+cancer&oq=cow+milk+and+breast+cancer&gs_l=hp.3..0.3178.13821.0.14281.26.21.0.5.5.0.472.4253.0j18j1j0j2.21.0.les%3B..0.0...1c.0knEmDi0ZZ0&pbx=1&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.&fp=f55a776bf827b23e&biw=950&bih=561

From an e-mail

Nandakumar

 





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[www.keralites.net] Some People in Life.......

 

Good Morning
 
Some People In Life
Are A Part Of You
And Even When You
Let Them Go.....
You Never Lose Them
Bcoz You Find The Memories Of Time
Spent Together
Still Living In You .............   


www.keralites.net

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