Financial Daily from THE HINDU group of publications
Tuesday, June 21, 2005
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OPINION

COMPANY LAW


Is there need for a new company law?
The obsession with the size and age of the Companies Act, 1956, has overtaken any serious debate on why the company law has failed to be effective as a corporate governance tool and as a bulwark against corporate fraud. More

EDITORIAL


Passing the oil burden
AFTER MUCH HESITATION the Government has decided to bite the bullet and raise the prices of petrol and diesel while leaving kerosene and LPG untouched. Mindful of Left sensibilities and partly in the hope that the international crude prices would ... More

AGRICULTURE


Is India inching towards a hunger trap?
IN the dust kicked up by the resignation of Mr Advani, two things of grave concern escaped attention. The first was a statement by Mr Sharad Pawar, Agriculture Minister, that India would import wheat to meet the supply needs of the public ... More

PSU


Use of disinvestment proceeds — Throwing good money after bad?
The UPA Government says that the proceeds of PSU disinvestment will help in financial restructuring of companies and eventually make them profitable again. However, a recent CAG report states that the net worth of companies considered has become nega tive as equity investment been completely eroded by accumulated losses. This negates the very purpose of PSU investment, points out G. Srinivasan. More

PETROLEUM


Petro subsidies: Flawed basis
THE Government has raised the prices of petrol and diesel, while kerosene and LPG have been spared. Prices of petrol and diesel had remained frozen since November 2004, despite international crude oil prices going up to $55 per barrel on ... More

POLITICS


EU turmoil: Lessons for European integration
WITH the stunning negative vote from the two founding members of the European Union against its constitution, there is a whole new look being taken at the remarkable post-World War II institution built and nurtured in Europe. The Maastricht ... More

LETTERS


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    Top Stories
    BPO in engineering services could be next big opportunity for India: Nasscom


    Govt may seek GDR end-use details from Morepen

    Petro subsidies: Flawed basis

    Use of disinvestment proceeds — Throwing good money after bad?

    Settlement to benefit shareholders: Kampani

    IOB chief raises growth target

    Singapore-India pact: A `win-win' settlement

    IDFC proposal among FDI worth Rs 484 cr cleared

    In Focus

    BHEL Disinvestment
    China's revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jun. 12-Jun. 18
    `There is always a new peak to be scaled' — Mr V. S. Jain, Chairman, SAIL

    In Russia, opportunity grows on trees


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