The Hindu Business Line : Friday, August 15, 2003

Profound or puerile?
"PURSUIT of material comforts does not always lead to happiness". What India's sages had discovered millennia ago, is laid out in the form of a profound (or pompous, pretentious or puerile, as the case may ... More

ON MINT STREET

Rural self-help groups be better left alone
THE SHG-banking venture to reach credit to the poorest, especially women in the rural areas, has mopped up some goodwill. About 7.17 lakh SHGs have been credit-linked and as of March 31, 2003, total disbursement is put at around Rs 2,048.70 ... More

MARK TO MARKET

Not the best bet for all cos, shareholders — ICAI's minimum dividend proposal
THE proposal by the Institute of Chartered Accountants of India (ICAI) that companies make compulsory minimum dividend payouts goes against the tenet of corporate finance. Companies should be allowed to adopt their ... More

EAR TO THE GROUND

HM driven up by stake sale talk
Hindustan Motors, maker of the ubiquitous Ambassador car, is planning to sell a part of its stake to the global auto giant General Motors, says the stock market grapevine. A spokesperson for General Motors India says the story is fiction, ... More

ON THE HEDGE

Shipping Corpn: Outlook negative, short Sept futures
THE following strategies are based on Thursday's trading in the derivatives segment on the NSE: Equity options M&M: The outlook on this stock is positive. The open position as a percentage of the market-wide limit is above 70 ... More

SENSOR

Sensex ends marginally lower
DESPITE opening 6.52 points higher than Wednesday's closing and remaining in the positive ground for the major part of the day, the benchmark BSE Sensex ended the last trading day of the week marginally lower. On Thursday, the 30-stock Index ... More

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