The Hindu Business Line : Thursday, October 30, 2003

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

IMPRESSIONS

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

MICROSCOPE

ITC: Improved performance in challenging environment
THE expected revival in rural demand is still to work itself into the financial performance of consumer goods companies. This is also evident from the performance of ITC for the second quarter ended September 30, 2003. Cigarette revenue growth ... More

Tata Motors: Booming business, lower costs boost performance
THE second quarter performance of Tata Motors is a testimony to how a prudent cost control programme can add an extra layer or two to the profit during a good period for of business. The company's profit at the operating level during the ... More

ON MINT STREET

Why can't Nabard be rural credit bank?
AT the level of the Cabinet Secretariat in New Delhi, a paper is being prepared to set down ways to reach credit to the unorganised sector largely dependent on moneylenders. It is a quiet admission of poor credit flows to the needy in the ... More

EAR TO THE GROUND

Doc's popularity rises
THE stock of Dr Reddy's Laboratories is an investor favourite. Institutional as well as retail investors were spotted actively shopping at the counter of the Hyderabad-based drug-maker. The Mumbai-based Motilal Oswal Securities has brought out ... More

ON THE HEDGE

PNB: Outlook negative, short Nov. futures
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options PNB: The outlook on this stock is negative. The downside price target is Rs 157. The upside risk level is Rs 220. ... More

SENSOR

Sensex moves up as heavyweights gain
THE markets staged a smart recovery in the last half-an-hour's trading as key Sensex heavyweights gained in value. The BSE Sensex recovered from the day's low at 4684.42 points to close at 4744.10 points. The BSE Sensex opened for the day at ... More

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