The Hindu Business Line : Monday, October 20, 2003

Petrifying prospect
THE faint-hearted are advised to keep away from the just published Times Atlas of the World which grimly details the ravages being wrought by exploding population. The most conspicuous of them is the bursting of ... More

WIDE CANVAS

New phase of WTO consultations
The new phase of consultations in Geneva with the objective of arriving at agreed modalities of negotiations in the different spheres will be markedly different from other negotiations in that "the process in Geneva will have to be supplemented by di rect contacts with Ministers and senior officials in capitals, since they have indicated they want to exercise close personal supervision of this process". More

ON THE MOVE

With airbus close on tail — Boeing flies in with new offer for IA fleet
REPORTS have it that Boeing has offered more attractive terms than before to the Indian Airlines keen to buy 43 aircraft from Airbus Industrie. Boeing's offer to upgrade terms will come as little surprise to those ... More

A RINGSIDE VIEW

Bullish undertone prevails... But fireworks may not happen
The market is all about confidence and the indices are not necessarily the averages of fundamentals of the stock in the portfolio. Even as the key indices moved up from peak to peak, one can see appearance of hairline cracks in the current faith ... More

MUTUAL CONFIDENCE

Funds' flow into equities in Asia-Pacific declines marginally: Survey
FOR all the growth recorded in the last few years, the size of the mutual fund industry in India still remains woefully small compared to what is witnessed in many developed nations. Indeed, as a recent quarterly survey has established, funds in ... More

ADR WATCH

Tech counters in limelight
THE US markets were flat during last week after Ebay Inc, the Internet auctioneer firm, belied market expectations by announcing shortfall in profits. The S&P 500 added 0.1 per cent, while the Dow Jones Industrial Average gained 0.5 per cent ... More

VISION 2020

PURA and the government input
While the private sector must build on the PURA concept, the foundation itself needs to be laid by the government, especially by allocating resources. For this, it can re-look at various existing programmes and re-allocate resources for PURA. For thi s the PMO, the Planning Commission and the Finance Ministry must put their heads together, says P. V. Indiresan. More

RANDOM WALK

The Telemedicine Revolution
LAST week the Regional Cancer Centre (RCC) launched a Rs.2.35-crore telemedicine project - labelled `ONCONET' - to broad-base diagnostic evaluation and consultation services for cancer patients across the State. The Indian Space Research ... More

MARK TO MARKET

The raison d'etre of stock splits
THE proposal for a 10-for-one stock split by TVS Motors brings to the fore the stock market reaction to such corporate decisions. Empirical evidence suggests that stock splits generate excess returns following the ... More

AMERICAN PERISCOPE

Business corruption and individual values
THE survey results on corruption released annually by Transparency International generate the usual comments on which countries have improved their ranking and which have not. The perception of corruption is now ... More

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