The Hindu Business Line : Saturday, May 07, 2005

Season of taxes
IF ANYTHING, the two most controversial taxes introduced by the Union Finance Minister in this year's Budget, subsequently passed by Parliament, have had the effect of making the Indian tax structure even more ... More

E-DIMENSION

After societies collapse, only ruins remain for tourists
JARED DIAMOND'S Collapse from Penguin is an unusual bestseller. The author is a professor of geography, in his third career after teaching physiology and ecology, and the book is on "How societies choose to fail ... More

ON MINT STREET

Not the time to dilute priority sector lending
Over the last two years, the banking system has defaulted on the 18 per cent norm and some bankers quote the Narasimham Committee report pleading for pruning the 40 per cent norm. The argument goes New Delhi and the State governments have to create t he conditions to make farming a viable activity with banks acting as facilitators. More

EX PARTE

Nothing stalls a machinery from its `installed' status
TATA Iron and Steel Co Ltd had to battle with the Collector of Central Excise at the apex court recently on the meaning of the word `installed.' The company manufactured parts of rolling stock in its factory (Growth Shop) at Adityapur. It wanted ... More

EAR TO THE GROUND

Havells surges on strong growth
THE counter of Havells India, a company into electric circuit breakers and other electrical equipments, touched its 52-week high on Friday. The stock closed at Rs 341.85, up 4.54 per cent, on the BSE with volume of 51,718 shares and on the NSE ... More

ON THE HEDGE

Outlook may turn negative for HPCL, Andhra Bank
THE following strategies are based on Friday's trading in the derivative segment on the NSE: HPCL: The May futures contract closed at 335.25. The outlook may turn negative if the May contract trades below 324.15. In the event, the ... More

SENSOR

Technology, oil stocks lead rally
FIRM trend in stock prices continued as markets put on gains for the fifth straight day. The upward momentum to stock prices during the week reverses the setback suffered in the previous week. In the week ended April 29, Sensex shed 192 points. ... More

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In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated