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Thursday, January 20, 2005

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OFFHAND


Stop this overkill
EVER since the arrest of Shri Jayendra Saraswati, the senior pontiff of the Kanchi Mutt, on a murder charge, the entire Sangh Parivar, and other Hindu religious groups in India and abroad have kept up an unrelenting ... More

ACCOUNT SPEAK


Mercantile accounting is no mathematical model
FACTS of the TCI Finance case make interesting reading. The company incurred expenditure for conducting legal proceedings against defaulting debtors and claimed the outlay as business expenditure. But the assessing ... More

ON MINT STREET


Tough laws a cover for poor supervision?
INDIA ranks 46th as of October-end 2004 among countries aligning with international banking norms and is ahead of China, which ranks 60, going by the eStandards Forum. The Forum is a private initiative assessing the implementation of standards ... More

BOOKS OF ACCOUNT


How to do reputation audit
AUDIT has a reputation of its own, we know, but have you ever heard of `reputation audit'? If you're saying, `Uh, what!' let me tell you about Fame & Fortune, written by Charles J. Fombrun and Cees B. M. ... More

EAR TO THE GROUND


Merger prospects boost it
JUST ahead of the announcement of the merger ratio between IDBI and IDBI Bank, the stock of these two entities witnessed hectic activity. The talk is that the merger ratio is likely to be in favour of the IDBI Bank shareholders. The merger ... More

ON THE HEDGE


Outlook may turn positive for M&M, Tata Tea
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE: M&M: The stock closed at Rs 493 in the spot market. The outlook may turn positive if the stock moves above Rs 500. The upside ... More

SENSOR


Select mid-caps gain; Bajaj Auto skids
THE key market indices ended on a weak note for the second day in succession. After ruling firm in the early part of the day, the trend turned weak in the last hour of the trading session. After hitting a high of 6230.62, the BSE Sensex closed at ... More


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