COLUMNS
ACCOUNT SPEAK
Job status can make a good feed
ALL OF a sudden, one finds too many mails from the Institute of Chartered Accountants of India (ICAI) popping into the inbox. From corporatelaws@icai.org Lalit Kumar Ruia, Secretary, Corporate and Allied Laws ...
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BOOKS OF ACCOUNT
Basel II isn't the name of a movie
CONCLAVES of CAs rarely talk about Basel II, as if it were a chocolate recipe or a movie name. When will they ever know that it is the New Capital Accord that will require financial institutions to manage risk by ...
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GLOBE TROT
Big Four have room for improvement
REPORT cards of the giants in accounting have something uniform — that there is scope for improvement. AccountingWeb reports that the Public Company Accounting Oversight Board (PCAOB) in the US has found ...
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COMING TO TERMS
Budget is FM's leather bag
One wonders if the budging properties of the Budget were known long ago because budge also means a bag, from the Latin bulga for knapsack. And these days, the Budget causes almost everyone to budge, though a bit uneasily.
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EAR TO THE GROUND
Cross deal in ONGC
THE stock of the oil and gas major ONGC witnessed a cross deal on the BSE whereupon reportedly 45 lakh shares changed hands. Word on the street was that the deal, which took place during mid-afternoon trade, was between foreign fund Janus and ...
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ON THE HEDGE
ICICI Bank's outlook negative, sell July futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Tata Steel: The stock closed at Rs 301 in the spot market. The outlook could turn negative if the stock trades below Rs 297. ...
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SENSOR
Sensex runs out of steam
AFTER closing in positive territory in the last four trading sessions, the BSE Sensex lost steam on Wednesday, shedding 45.92 points (or 0.95 per cent) to settle at 4795.46 points. The markets appear to have shrugged the encouraging GDP growth ...
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