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Friday, January 02, 2004

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OFFHAND
Disgruntled diaspora
THE Ministry of External Affairs and the Federation of Indian Chambers of Commerce and Industry are jointly organising the second Pravasi Bharathiya Divas on January 9-11 at New Delhi with the usual pomp and ... More

EX PARTE
A tax idea whose time is coming?
STUDENTS of tax history know how Peter the Great once taxed beards. And in the 17th century there was even a tax on windows. Finance ministers always have the problem of plucking the goose to obtain the largest possible amount of feathers with ... More

EAR TO THE GROUND
HLL levering up
FOREIGN institutional investors were heavy shoppers at the counter of FMCG major Hindustan Lever Ltd on Thrusday, a market source said. The source said a top foreign brokerage that represents several institutional investors was looking to pick ... More

ON THE HEDGE
Tata Steel outlook positive, buy January futures
THE following strategies are based on Thursday's trading in the spot and the derivatives segment on the NSE: Tata Steel: The outlook on this stock is positive. The immediate upside target is Rs 480, but the stock can move to Rs 540 if ... More

SENSOR
Markets on a high on Day One
THE Year 2004 was welcomed with a bullish undertone in the markets. Leaving behind high intraday volatility, the benchmark indices — the Sensex and the Nifty — opened firm on Thursday and continued the upward trek on a steady foot. ... More




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