The Hindu Business Line : Saturday, August 02, 2003

(Un)democrats all
IN A democracy, the most important rule is that no one should take the law into his/her hands no matter how disturbing the cause giving offence is. If one flouts this norm (even if the cause is justified), there are ... More

E-DIMENSION

Six men and a blind elephant called Indostan
GOVERNANCE is too fashionable a topic to ignore. The Naresh Chandra Committee, also known as the governance think-tank, is active again to push in the second phase of corporate reforms, even as we struggle to implement ... More

SAY CHEEK

The referendum tom-tom
AS if to upset the long-standing wedlock that had almost frozen in time between captive clients and adjusting auditors, there is so much noise now about rotation that is coming round and round. Even before we begin to understand what audit ... More

ON MINT STREET

RBI uneasy over unhedged dollar exposures
BANKERS are worried over corporates refusing to hedge their dollar exposures, as under the present regime, the total exposure of any single corporate is hard to quantify, with each enterprise having many banks on their books. Reports seeping ... More

EAR TO THE GROUND

Auto stocks on a roll
AUTOMOBILE stocks seem to be roll in anticipation of better sales during the quarter. According to market sources, buying interest was witnessed across the board with institutional and retail investors flocking these counters. From HCV (heavy ... More

ON THE HEDGE

ACC: Limited upside, construct call-spread
THE following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity options ACC: The outlook on this stock is positive. The upside price target is Rs 214. The downside risk level is Rs 194. ... More

SENSOR

Broad-based rally continues
AFTER a shaky start on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), when the benchmark indices in both the bourses slid after a marginal rise, sentiment perked up. During the remaining part of Friday's trading ... More

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