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Thursday, August 05, 2004

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ACCOUNT SPEAK
Facts and forecasts are like news and views
ACCOUNTANTS are inveterate past-watchers and so they often earn a bad name for not certifying forecasts. But you know they are conservative. So they would tell you if they got all the required information and whether ... More

GLOBE TROT
Joint budgeting by ICAEW and CIMA
THE ICAEW and CIMA have produced a joint report on budgeting as the result of a forum organised together, according to Accountancy magazine. "Budgets are often pilloried as being out of touch with the needs of ... More

COMING TO TERMS
Free, rooted in `friend'
FREE is freely doing its rounds these days, be it in free power for agriculturists, free healthcare for the elderly, hostages yet to be set free, or free trade agreements between countries. Free is a word that ... More

EAR TO THE GROUND
HLL at a new low
THE counter of FMCG major HLL came under heavy selling on Wednesday. The company stock price touched a new seven-year low. The stock closed at Rs 113, down 4.84 per cent, on the BSE, with a volume of 16.04 lakh shares; on the NSE, it closed at ... More

ON THE HEDGE
ACC: Outlook positive, buy August futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: ACC: The stock closed at Rs 250 in the spot market. The outlook appears positive. The upside price target is Rs 265. Continual ... More

SENSOR
Frontline infotech stocks crumble
SPIKES in oil prices, steel prices, and even the interest rate on fixed rate loans by HDFC, appear to have been the major drivers of activity in the markets on Wednesday. The BSE Sensex declined for the second consecutive trading day this ... More




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