The Hindu Business Line : Thursday, February 12, 2004

ACCOUNT SPEAK
We need to put them in a fishbowl
ALMOST a week has passed by since the new ICAI council has taken charge of affairs in the Institute of Chartered Accountants of India. As usual, the members would be busy establishing their little empires, holding ... More

BOOKS OF ACCOUNT
Models to watch before parting with money
THE Tower of Babel is what one would normally remember when amidst conclaves of accountants, because each one speaks a different voice, and they never agree. But Tower of Basel is where there is a lot of activity, ... More

EX PARTE
Define `market' in 113 words
CANTONMENTS are permanent military stations where troops are housed when there are no hostilities. In India, defence owns 17.31 lakh acres, out of which 2 lakh acres are situated within 62 notified cantonments being managed under the existing ... More

EAR TO THE GROUND
Concern over swap ratio
THE counter of IFCI, which is to be merged with Punjab National Bank, came under heavy selling pressure on concern over its the merger ratio with PNB. Dealers said heavy selling was from players aware of an unfavourable merger ratio for IFCI ... More

ON THE HEDGE
Maruti: Buy February 450 puts
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Maruti Udyog: The stock closed at Rs 474 in the spot market. The outlook could turn negative, if the stock cuts Rs 453 on the ... More

SENSOR
Sensex swings back on late-hour buying
TRADING in a narrow band, the benchmark indices managed to end in the positive territory on Wednesday. The BSE Sensex, which slid into the negative territory in afternoon trades, rose towards the close to end with 17.3 points gain at 5946.78 ... More

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