The Hindu Business Line : Thursday, May 05, 2005

University politics are vicious precisely because the stakes are so small
AFTER Tuesday's news that the Institute of Chartered Accountants of India got a sharp rebuke from the Government for lending the ICAI name to a new university, I nervously visit the site of the University Grants ... More

IMPRESSIONS

The charm of Lalu
THE Railway Minister, Mr Lalu Prasad, is one politician who has been continuously in the news the last few days, hogging the headlines. The current logjam in Parliament is also over him. Whether one likes him or not, the maverick politician ... More

SAY CHEEK

You can only milk a cow so long
EVEN as the Opposition is on an indefinite boycott, the Lalu logjam is refusing to clear. No resolution is in sight and the matter appears to be like stubborn fodder at the throat. Lalu wants to meet the apex court judges in private and have a ... More

BOOKS OF ACCOUNT

Jin, jiao, cun, shou and fu in Dragon Gate
ON September 7, 1918 a group of Chinese accountants was instrumental in issuing the first `Interim Regulation for Accountants,' informs China Accounting Services, a market research analysis from China ... More

INDIA UNINC

End consumption, nurture savings
It is time to move away from a consumption-driven economy to a savings-nurturing society. Otherwise, we will prove that the only lesson we have learnt from the economic history of the plastic-addicted debt-ridden Western society is our refusal to learn any lessons at all, says R. Vaidyanathan. More

EAR TO THE GROUND

Cummins bolstered by institutional buying
Cummins India counter buzzed with activity late on Wednesday reportedly due to substantial institutional buying. According to dealers, some 10 lakh shares changed hands on bourses at the fag end of the trading session. The stock price shot up ... More

ON THE HEDGE

Outlook may turn negative for Bharti Tele, i-flex
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Bharti Tele: The May futures contract closed at 216. The outlook may turn negative if the May contract trades below 211.90. The downside ... More

SENSOR

Market rally continues; bank, cement stocks gain
THE market marched ahead in style for the third day in a row after weak trends last week; the Sensex posted its biggest single-day gain since April 20. It rose by 1.2 per cent, to close at 6289.55. In intra-day trading, it reached a high of ... More

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