COLUMNS
DETAXFICATION
Customisation is no easy task
IN THE ISBC Consultancy Services case, the Mumbai ITAT was required to study if there was `manufacture' of software. `The metamorphosis' that standard software had to undergo through the `technique known as ...
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VIEW POINT
Politicking for power
ON THURSDAY, the Uttar Pradesh Chief Minister, Mr Mulayam Singh Yadav, directed that teaching in all government-run and -aided missionary as well as private recognised schools would take place only between 8 a.m. and ...
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E-DIMENSION
There're more dollar bills than Coke cans
WE HAVE more than a hundred billion of them in our reserves. Even as the inflow of the dollar continues, this perhaps is the time to sit back in leisure and relish its history. To help you in such an exercise is ...
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EAR TO THE GROUND
The watchdog is moving
THE Securities and Exchange Board of India is understood to have pulled up a mid-size mutual fund for selling units at the NAV of the previous day to favoured investors. According to a source, the enquiry officer has found the fund guilty and ...
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ON THE HEDGE
L&T: Outlook negative, buy February 540 puts
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: L&T: The stock closed at Rs 542 in the spot market. The outlook appears negative. The downside price target is Rs 525. ...
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SENSOR
Profit booking dampens bank stocks
AFTER the upsets of Thursday, the stock markets were marked by listless trading on Friday. The BSE Sensex opened the day on a weak note, at 5847.9 points, fluctuated by 123 points intra-day, but closed the day just a shade lower than Thursday, ...
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