The Hindu Business Line : Thursday, December 18, 2003

Check on promoters
THE ADDITIONAL CHECKS proposed by the Securities and Exchange Board of India on the use of the preferential allotment route by companies must be welcomed. SEBI's Primary Markets Advisory Committee wants promoters not to sell any shares six months ... More

ECONOMY

`India rising' — Will it ride the demographic wave?
In about 50 years, India's surging population may be more a boon than a bane, if a recent Goldman Sachs projection comes true. With a surplus of working age people vis-à-vis current G-6 biggies such as the US and Japan, India could benefit fro m low labour costs, and even become one of the three richest economies! For this fairy-tale scenario to materialise, however, concerted efforts to develop human capital have to begin now, says S. D. Naik. More

ACCOUNTANCY

All those fishing rods in the recovery pool
Mohan R. Lavi on a case that discussed the constitutional validity of the new securitisation law More

Why bite more than what can be chewed
The new director disqualification rules seem to go beyond the ambit of delegated powers, says N. R. Moorthy More

A fashion tag called corporate governance
S. Murlidharan on the need for a more broad-based code for governance More

BOOKS OF ACCOUNT
When accounting for `goods', don't ignore the `bads'
ACCOUNTING'S job is to measure all that goes to hit the bottomline. There is a risk, however, of missing the woods when counting the trees. Nowhere is this truer than with regard to environment accounting. ... More

Keep the torch of sound accounting practices burning
A NEW campaign that has begun at the Institute of Chartered Accountants of India (ICAI) is a series of eight ads. You can catch a preview of these at the ICAI's Web site, in case you had missed the ads that made it to ... More

A knowledge narrative
Bernard Marr on the new thinking on intellectual capital reporting More

POLITICS

Politics by performance
THE recent elections in the four States, three of which were won by the BJP, have probably set a new trend in voting pattern, and are educative to voters, political parties and the media. First, there is a noticeable ... More

BANKING

HSBC acquiring UTI Bank: A palace coup
While framing the Articles of Agreement connected with the share issue to CDC, the UTI Bank seems to have tripped up. The Agreement stipulated that the UTI should continue to hold 26 per cent equity in the bank. While the UTI was subject to these ob ligations, there were no counter obligations on the other holders, especially CDC. More

LETTERS

ITI clarifies

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