COLUMNS
DETAXFICATION
`Caves' and `shrines' are not buildings but plant!
THE primary question in the Navodaya case which the Kerala High Court took up was whether the assessee's studio was plant or building. The I-T Department wanted to classify the studio as building. George K. George, ...
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VIEW POINT
The poll cauldron
IF THERE is any one constant factor in the run-up to an election it is the poor quality of logic used in campaign arguments advanced by the players in the fray. Every political party lambasts its challenger with ...
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E-DIMENSION
A solvent country can have an insolvent government
WHEN THE going is good it is time to strengthen our defences. From that perspective, Managing Currency Crises in Emerging Markets from the National Bureau of Economic Research (www.nber.org) should make ...
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SAY CHEEK
Minister with appetite in hungry market
ADVANI'S Rath Yatra is moving at a snail's pace compared to ONGC's IPO yatra. The issue blew like a gale wind, and before people could digest the size of the issue, it got oversubscribed, and now they have also fixed its price at Rs ...
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EAR TO THE GROUND
Big buyer in bank
A DELHI-BASED corporate raider is said to be accumulating the stock of Chennai-based Indian Overseas Bank. According to the market grapevine, the businessman, who had mounted a takeover bid on a Mumbai-based shipping company a couple of years ...
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ON THE HEDGE
HDFC Bank: Outlook negative, short March futures
THE following strategies are based on Friday's trading in the spot and the derivatives segments on the NSE: M&M: The stock closed at Rs 449 in the spot market. The outlook appears negative. The downside price target is Rs 432. Consider ...
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SENSOR
Infotech, bank stocks lead recovery
THE stock markets, which plunged sharply on Thursday, rose on Friday and ended the dayin the positive territory. The Sensex gained by 28.50 points to close at 5443.44 points, up from 5414.94 points. The Nifty rose by 8 points to close at 1725.10, ...
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