FOR sheer drama, spectacle and mass hysteria, it is hard to beat the national conventions of the Democratic and Republican parties in the US that nominate presidential candidates. Once every four years, the country, ...
A RINGSIDE VIEW
Dalal Street sees wide scope for mid-caps
THE key indices are likely to remain firm this week, but the mid-cap stocks are to lead the market. So the broader indices are likely to outperform the Sensex and the Nifty. There are indications of a serious market-making effort in the select ...
Wanted: Retirement savings plans
"Try not to be a man of success. Rather, try to be a man of value" - Albert Einstein On Labour Day in 1974, Gerald Ford, then the president of the US, flagged off the Employee Retirement Income Security Act, a legislation that ...
IT counters' price, premium widen
THANKS to better-than-expected economic indicators such as factory orders and accelerating job growth helped the US markets end last week in positive territory. In fact, it was fourth consecutive weekly gain for S&P-500. According to Bloomberg, .
Wages of town non-planning
The panel probing the Kumbakonam school fire tragedy will discover many culprits but almost certainly overlook the worst offence: Poor town planning. It is easy to blame the population for many of the problems, forgetting that several world capitals have very high density. Nor will planners accept that streets should be wide enough to be usable normally let alone in emergencies, that cities can, and should, harvest all the water they consume, or that they are unnecessarily overcrowded, says P . V. Indiresan.
MARK TO MARKET
Colour Chem open offer and asset valuation
THE recent Supreme Court decision on Colour Chem's open offer prima facie appears to go against the basic idea of asset valuation. Asset price is the discounted future value of cash flows. A person buying the ...
When advertising distracts and not informs
THE announcement of a 24-hour television channel launched in the UK dedicated to advertisements is an eye-opener for those of us annoyed by ads. Some people, apparently, love them! Advertising is now a fairly ...
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