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Monday, April 07, 2003

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OFFHAND


Attention: Newsgroups
INTERNET websites are replete with Indian newsgroups located in the US. They keep the members apprised of developments, triggering a torrent of blogs. But does their buzz make any real difference to India? Are they useful in addressing India's ... More

WIDE CANVAS


Iraq: Real struggle begins now
POWER grows out of the barrel of a gun. The latest `proof' of this aphorism is Washington's campaign in Iraq, which was implemented on the sheer strength of American and British arms. Indeed, the importance of this aspect was so overbearing that ... More

ON THE MOVE


Three ports, ore and rail link
That Haldia, Paradip and Visakhapatnam, posted significant growth in iron ore shipments in 2002-03 compared to 2001-02 should have been a matter of satisfaction for these ports, especially with China having emerged as the major buyer of Indian ore. H owever, that is not so. The scepticism is not without reasons. More

A RINGSIDE VIEW


Cautious optimism may guide market progress
THE indices may have moved, but the 17 days of war in Iraq has rendered the domestic stock market unsteady and to an extent bloodless. Different classes of investors have either retreated to sidelines or severely restricted their activity. It is ... More

MUTUAL CONFIDENCE


MFs thrive on Web to serve investors
LARGE mutual funds are increasingly harnessing the telephone and Web to provide more efficient services to the investor community. These are being used for a variety of reasons, all of which lead to better communication with customers. In most ... More

GLOBAL MONITOR


War reports drive gold market
CONSTANT flow of reports relating to war in Iraq impacted all the markets including financial market last week. Gold was no exception as war theme was the dominant driver. Early in the week, as it appeared, the military action would drag on ... More

ADR WATCH


HDFC Bank hits 52-week high
WITH reports that the US-led coalition forces making considerable progress in Baghadad, the US stocks made gains during the last week. For the week, the Standard & Poor's 500 Index rose 1.8 per cent to 878.85, the Dow Jones Industrial Average ... More

VISION 2020


Garibism to end poverty
Coining the new ism, P. V. Indiresan says applied to everyone, garibism may end poverty. For various levels, Garibism should offer jobs, water and fuel, pucca houses, English medium schools, cheaper durables and pro fitable investment avenues. As construction and habitat development are the common thread, he suggests the formation of Special Construction Promotion Zones. More

SAY CHEEK


Ungle Shame po po!
If you're running out of slogans, try "Bush infected with SASS" for severe acute Saddam syndrome, if your rally is passing by QMC; "Ungle Shame, po, po, if you are calling from Kerala, or "Tommy Micky di war — get back isi ravi war" for the Hindi/Punjabi friends in your midst. More

STOCKS TO WATCH


Results to guide techies
THE stocks from the technology sector would see some heightened activity this week in the run-up to and after the announcement of results by top companies from the industry. Key software companies such as MphasiS BFL, Mastek and Infosys ... More

RANDOM WALK


What's enabled?
One company in Andhra Pradesh exports more than all of Kerala's hallowed software kings and queens. That is food for thought for the incoming CEO of Technopark. More

TECHNICAL ANALYSIS


Cotton prices seen rising
NYCE cotton futures closed firmer on Friday on light buying by speculators, as the market seemed to be consolidating in a narrow range. The market did not derive much inspiration from the weekly USDA export sales report. USDA said net ... More

AMERICAN PERISCOPE


Managing the images of war
THE picture of a US soldier gently carrying a ragged and injured Iraqi boy stares at me from the newspapers. The nightly news shows me images of happy Iraqis waving and showing the victory sign to truckloads of passing US soldiers. It is nice to ... More
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