The Hindu Business Line : Wednesday, March 24, 2004

Shourie for long-term view on economy
THE Union Government will become an enabler of enterprise rather than a supporting entity in the coming years. Its focus after the elections would be on governmental processes and tackling the impact of change, according to Mr Arun Shourie, Union ... More

Rupee breaches 45 level
THE unabated appreciation of the Indian rupee continues; on Tuesday, it breached the 45-level mark touching an over 44-months high taking several market participants and exporters by surprise. The domestic currency, which has been on an ... More

Carrefour defers plans to enter India
THE 86-billion-euro French retail giant, Carrefour, the second largest in the world after Wal-Mart, has postponed its entry into India. Carrefour, which runs over 9,600 stores including hypermarkets, supermarkets, discount stores and ... More

Private airlines fly into open skies, land in Colombo to create history
FOR the more than 100 passengers, the Air Sahara S2 541 late on Monday night from Chennai - was a flight with a difference. When the Boeing 737-800 cruised out of the Indian air space, flew over the Palk Strait into Sri Lankan air space, they ... More

ICAI to ban part-time practice for members — Revised AS-15 to deal with VRS expenditure
THE Institute of Chartered Accountants of India (ICAI) has resolved to ban the part-time practice for its members. It has also made the Accounting Standard-26 inapplicable to VRS expenditure. The ICAI President, Mr Sunil Goyal, told ... More

IDFC to handle Rs 50,000-crore infrastructure fund
THE Infrastructure Development Finance Company (IDFC) is not only safe but would soon be given a pivotal role in the country's infrastructure funding need. While ruling out any plans for merger of the company with State Bank of India (SBI), the ... More

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