The Hindu Business Line : Thursday, March 17, 2005

Coming soon: Guidance Note on Accounting of VAT
FELICITATION functions are fertile occasions for flattery and flippant promises, and so nobody expects any truth to be told. That, the new president of the Institute of Chartered Accountants of India, Kamlesh S. ... More

IMPRESSIONS

Mobile talkathons break all records
The `mobile talkathons' are so much a part of our everyday lives, what with each trying his best to hide the handsets from the naked eye. These movers and talkers have laid siege to the urban spaces, decked up like cockpit crew of some futuristic spa ce ship. And the monologues continue. More

REFLECTIONS

Is India Inc game for wildlife conservation?
WATCHING wildlife has become something of a prestigious entry in the bio-data of many top names in the corporate world. They have been disturbed by the way wildlife parks have become poaching habitats with the Project Tiger (an emergency has been ... More

BOOKS OF ACCOUNT

Generally accepted but poorly understood
D. S. RAWAT has something useful for CAs' desktop: Indian GAAP & GAAS, from Taxmann (www.taxmann.com). The difference between the two acronyms is that one is on accounting practices while the ... More

EAR TO THE GROUND

Revamp talk lifts India Foils
STERLITEe group outfit India Foils spurted on Wednesday on talk of financial restructuring. The stock closed 20 per cent up on the NSE at Rs 16.50 with over15 lakh shares traded. According to market sources, the promoter group is said to be ... More

ON THE HEDGE

Outlook may turn positive for Reliance, Tata Tea
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Reliance Industries: The March futures contract closed at 578. The outlook may turn positive if futures trades above 581. The upside target ... More

SENSOR

Midcaps gain; pivotals succumb to selling pressure
A CAUTIOUS mood prevailed in the market on Wednesday, while frontline stocks declined, mid-cap stocks recorded gains. The market succumbed to selling pressure losing the initial gains recorded. The market appears to have dumped sugar stocks, ... More

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