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Thursday, August 19, 2004

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ACCOUNT SPEAK
Oil barrels that went missing and a director tired of lying
A FEW days back, there was a story in www.timesonline.co.uk about Shell director Van de Vijver who complained that he was "tired of lying" about the state of the company's oil and gas reserves. In what could ... More

PLANTATION PANORAMA
Iraq losing taste for Indian tea
Buyers are visibly against speculative purchases for their Iraq principals. "There is no such thing called firm order in a riot-torn situation. No one gives us guarantees that the teas we ship would reach the destination safe and in time. No one ... More

ON MINT STREET
Sticky loan swapping under lens
WITH the Reserve Bank of India getting wise to ever-greening of non-performing accounts by banks, some of the banks have switched to swapping sticky accounts. An official confirmation is available with the Government admitting in the Rajya Sabha ... More

BOOKS OF ACCOUNT
Goalposts are moving but it is riskier to do nothing
BUSINESS is busy-ness is how my teacher of `fundamentals of business organisation' defined the word to begin with. That was long ago, when scandals didn't hit the headlines with the regularity as they do now. Business, ... More

COMING TO TERMS
An olive branch that extends to oil
FOR days, our Ministers have been putting their heads together and toiling with oil in closed rooms. And, quite dazed, we anxiously await announcements of duty cuts that are supposed to mollify us. Efforts to control ... More

EAR TO THE GROUND
Bharti Tele-Ventures let down by FII?
EVEN as the uncertainty over whether the hike in FDI in the telecom sector will actually take place continues to have impact on the fortunes of cellular service provider Bharti Tele-Ventures, the stock slid further into negative territory on ... More

ON THE HEDGE
Tata Power: Sell August futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE: Tata Power: The stock closed at Rs 259 in the spot market. The outlook appears negative. The downside price target is Rs ... More

SENSOR
Indices tumble as oil concerns continue
CONCERNS about the high oil prices continued to plague the markets, as the BSE Sensex plunged by 64.66 points (or 1.27 per cent) to close at 5038.28 points. During the course of the day, the crude oil touched a high of $47 a barrel and the fears ... More




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Sticky loan swapping under lens

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