The Hindu Business Line : Thursday, October 30, 2003

Plug for small shareholders
IN STRIKING DOWN Sandvik Asia Limited's proposal to reduce the share capital through buying out the stake of minority shareholders, the Bombay High Court has advanced the cause of improved corporate governance in the country. The court has ... More

TELECOMMUNICATIONS

How fair is the TRAI price?
Neither the march of technology argument nor the purported aim of ensuring a litigation-free environment entirely justifies TRAI's recommendation for the unification of basic and cellular services alone. This and the issue of additional entry fee app ear to tilt the regulatory framework in favour of the basic operators offering limited mobility services, says Krishnan Thiagarajan. More

ECONOMY

Will Credit Policy help re-ignite growth?
Taking the economy to a higher growth trajectory involves a multi-pronged strategy covering foreign investments, exchange rate, domestic reforms and so on. In the circumstances, the primary question the new RBI Governor, Dr Y. V. Reddy, might choose to address in the mid-year review is, how to re-ignite credit growth in the economy. More

ACCOUNTANCY

Transparency is a two-way street
THIS being the election year for chartered accountants, it is quite possible that many candidates for the councils (both central and regional) weave recent issues into their campaigns. But if the past is any indication, ... More

Scratching the surface of SARFAESI
EVER since the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act came into play, banks and financial institutions have had a mixed experience. The initial ... More

GLOBE TROT
Bull in accounting shop
MS JANE MUTCHLER is bullish on accounting, and sees a bright silver lining on the corporate scandals of the last couple of years. She is the Director of the School of Accountancy at Georgia State University, and the ... More

SHORT TERM INSTRUMENTS

CBLO and other acronyms
CBLO. This acronym stared from the cover of a file that lay on the table of the bank official, whom I sat before to collect a demand draft. I wondered if it was a clone of ILO. I asked him, "Is CBLO a labour ... More

LETTERS

India's forex reserves

Organic farming

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