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Thursday, March 04, 2004

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ACCOUNT SPEAK
New helmsmen on India cruise
LAST week, the new helmsmen of the Institute of Chartered Accountants of India were in town and there was the usual felicitation, with a line of past presidents the city can boast of doing their routine task of saying ... More

FOCUS
Daewoo India's assets: Advantage GM
AFTER a protracted bidding and re-bidding exercise, and much speculation subsequently, GM India (GMI) has finally emerged as the buyer of the erstwhile Daewoo Motor India's car assembly assets. The acquisition of Daewoo's Indian car assembly ... More

BOOKS OF ACCOUNT
Poor can pay more for credit than rich
CHARTERED accountants are an unusual lot, because they never get into serious discussions of a macro nature, such as fiscal policy or national income. Nor do they busy themselves with grass root matters such as ... More

EAR TO THE GROUND
Price wars take toll
THE stock of Hindustan Lever Ltd came under pressure on Wednesday after rival Procter & Gamble said it was slashing prices of its best-selling detergent brands Ariel and Tide by 20 per cent to 50 per cent. The deep cut, an FMCG analyst said, ... More

ON THE HEDGE
BoB: Outlook positive, buy March futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Bank of Baroda: The stock closed at Rs 234 in the spot market. The outlook appears positive. The upside price target is Rs ... More

SENSOR
Steel stocks shine; techs turn weak
THE benchmark indices took a breather on Wednesday after gaining sharply over the past two trading days. The BSE Sensex appreciated by 19 points to close at 5842.20 points while the Nifty gained 7 points to close at 1860.40 points. The Sensex and ... More




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