The Hindu Business Line : Thursday, May 27, 2004

ACCOUNT SPEAK
Irrelevance of CA for 7 out of 10 Indians
POLITICAL analysts almost agree that the CEO of a southern state lost his seat recently because his laptop lacked the agri-byte. Thus, if the latest election results are any indication that agriculture has more say in ... More

MICROSCOPE
i-flex: Crunching costs for growth
AIDED by a sharp drop in selling, general and administrative expenses, i-flex solutions recorded a 32 per cent growth in post-tax earnings (prior to accounting changes) for the quarter ended March 31, 2004 vis-à-vis the third quarter. Over the ... More

BOOKS OF ACCOUNT
Arthur Andersen: A case of suicide, not murder
ACCOUNTANTS are returning to their homes too late these nights, and working over weekends too. Because this is the time to draw final accounts and financial statements, pass lengthy journal vouchers and generally square ... More

GLOBE TROT
Cracks in the roof over shelters
WHEN a Big Four firm gets into trouble, it makes big news. Thus, when Federal prosecutors in Manhattan began "a criminal investigation into Ernst & Young LLP's promotion of tax shelters", AccountingWeb duly ... More

EAR TO THE GROUND
Cashing in on finance
AFTER a long time, the stock of Mukta Arts is being accumulated by section of the market. Dealers said the interest in the counter has come after a long time. The main factor for this is the good financial position of the company and low risk ... More

ON THE HEDGE
Arvind Mills: Outlook positive, buy June futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Arvind Mills: The stock closed at Rs 64 in the spot market. The current uptrend appears to be a retracement to earlier decline ... More

SENSOR
Markets slip on doubts over Govt policy
APPREHENSIONS about the policy direction of the newly elected Congress-led Government continued to dog sentiments in the stock market on Wednesday too. As a result, though the markets opened on a positive note and a sense of cautious optimism ... More

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