Financial Daily from THE HINDU group of publications
Thursday, September 23, 2004

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ACCOUNT SPEAK
Wincing that our bean counters are going to Beijing
ON THE Web site www.china.org.cn, "China's Official Gateway to News & Information", I type `accountant' in the search-slit and click. Among the 150 or so finds, is a story titled "Educational Fund Looters Facing ... More

BOOKS OF ACCOUNT
High-value knowledge of valuation for buys
BEAUTY is in the eyes of the beholder, but value rests in the hands of accountants. But to help, you'd need Enrique R. Arzac's Valuation for Mergers, Buyouts, and Restructuring, from Wiley ... More

INDIA UNINC
Credit Delivery: Lazy banking and structural problems
The growth in the economy the last decade has been facilitated by the non-bank finance sector and this has not been adequately recognised. Contrarily, it has been "Lazy Banking" in the organised sector. The proposed commission for the "unorganised" s ector, announced by the UPA Government recently, should focus on the issue of integrating the financial markets by everaging on the strengths of the informal sector, says R. Vaidyanathan. More

EAR TO THE GROUND
On revival hopes
SAINT Gobain Sekurit has been attracting lot of market interest in the last few days. The interest in the stock can be discerned from the rise in the stock price and increased trading volumes. On Wednesday, the stock gained 12.79 per cent at ... More

ON THE HEDGE
SBI: Outlook positive, buy October futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE. SBI: The stock closed at Rs 493 in the spot market. The outlook appears positive. The upside price target is Rs 530. Buy ... More

SENSOR
Zee Tele, Maruti Udyog surge ahead
AMID volatile trading and large trading volumes, Sensex and Nifty ended the day in positive territory. In early trade, Sensex opened weak and dipped to levels well below 5,600. Trading in Sensex stocks picked up momentum in late afternoon trade ... More




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