COLUMNS
OFFHAND
Election campaigns
IT may not have been a day of celebration for the Election Commission when the Supreme Court placed on its head a crown of thorns, making it the monitor and the censor of campaign advertisements of political parties in ...
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WIDE CANVAS
Economic illusion and reality
The "brand image" of West Bengal still rests largely on militant trade unionism and a State administration which, when it comes to the crunch, would side with labour in any confrontation with company managements. The State needs to re-build that imag e "on the lines of the southern States such as Andhra Pradesh, Tamil Nadu or even Kerala".
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ON THE MOVE
Wagons for SAIL: Railways on track
In 2003-04, SAIL needed 1,480 rail wagons a day to dispatch finished products out of its various plants. To move an additional 0.7 mt of finished products as projected for thisfiscal, the wagon requirement might rise by 76 wagons or so a day. This wi ll be no problem as, for the first time, specialised BOST wagons fitted with air-brakes will be pressed into operation for transportation of finished products out of the plants.
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A RINGSIDE VIEW
Focus shifting to mid-cap stocks again
The market will remain sensitive to any negative event, and on the other hand, may not show exuberance over any positive development. A trend of delayed reaction to positives surfaces in a stock market when price action determines its logic and not t he other way round.
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MUTUAL CONFIDENCE
Confidence building measures are need of the hour
For the record, these are news headlines, randomly chosen but connected to each other, originating from the `switching scam' that is currently rocking the world of asset management. The point is that these are awfully scary for investors who come ...
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ADR WATCH
Infy marginally up despite good show
DISAPPOINTED by the forecast from Intel Corp and Citigroup Inc, the US markets declined last week. According to Bloomberg, the Standard & Poor's 500 Index fell for the fifth week in six; it lost 0.4 per cent last week. The tech-laced Nasdaq ...
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VISION 2020
Banking on development paradigm
If development banking is to regain its charm, it has to re-invent itself. These long-term lenders must learn to think differently, and should evolve a mechanism to assess the health of the borrower. Only a change in the mindset, a new vision, can gi ve development banks a new life, says P. V. Indiresan.
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ERRORS & OMISSIONS EXPECTED
After outsourcing backlash, it's now the turn of `insourcing'
LESS than a fortnight ago, a leading player in software announced about its US consulting subsidiary, and also plans to recruit 500 professionals in the US over three years. Reports spoke of how the company felt that such job creations would ...
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RANDOM WALK
Electric blues
IF there is one public utility most Keralites would love to swear at, it must surely be the Kerala State Electricity Board (KSEB), the giver - or, on most occasions, the non-giver - of the power that lights up their lives. With the recent ...
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MARK TO MARKET
Volatility rating — Usefulness depends on fund's investment style
FITCH Ratings India has introduced volatility rating for mutual funds. Such a rating is an important indicator for investors. A high-grade volatility rating essentially means that the fund's returns volatility is ...
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AMERICAN PERISCOPE
Hubris and Trump's empire
CASINOS work hard to create a false reality. They usually do not have windows for they do not want you to look outside and realise the time of day, or the fine weather you may be missing, while seated cooped-up in smoke ...
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