The Hindu Business Line : Tuesday, July 05, 2005

Making independent directorships work
THE NON-EXECUTIVE COMPANY director (NED), independent of both the owner and the chief executive, is much in demand worldwide. The Securities and Exchange Board of India wants half the board of directors to be from this category, while the Company ... More

AGRICULTURE

The contentious world of agricultural trade
As efforts are on to kick-start the Doha Round of negotiations before the Hong Kong ministerial meet, agriculture has once again emerged as a stumbling block. It is now becoming clear that there are limited areas of actual agreement among countries, which now appear less convinced that a liberalised agricultural trade regime would really benefit them. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the historically evolved structures of agricultura l production and trade in the Asia-Pacific region to understand why. More

CORPORATE

The Corporation: In relentless pursuit of self-interest
THE Corporation — Pathological Pursuit of Profit and Power by Joel Bakan (Constable, London 2004) follows a rich array of books such as Captive State: The Corporate Takeover of Britain by ... More

ECONOMY

Can Kerala do an Ireland?
IRELAND was once the sick man of Europe. Now it is at the top of the industrial league. Can Kerala learn from the Irish experience? Around three years ago, a Malayalee caled Kutty Nair toured Kerala's industrial destinations and was especially ... More

POWER

How many light bulbs?
OIL PRICES soar and there seems no hope of abatement. Meanwhile, the Government, afterdithering and debate, raised the price but only of diesel and petrol. Inevitably all the parties not running the government ... More

STEEL

Steel: Will fortunes remain cast in iron?
While the steel industry is no doubt passing through good times right now, there is fear that with many players rushing in to create new capacities, there may be overcapacity by 2010. However, Indian companies are in a much better position to weather the temporary mismatch in demand and supply and price declines today because their debt-equity ratios and interest rates are much lower. Yet, steel producers need to guard against the likely bottlenecks and prepare themselves for new challenges, say s S. D. Naik. More

DISINVESTMENT

The right route to privatisation
The success or failure of a privatisation method would depend on a number of factors such as the state of the stock market, the degree of competition, the liberalisation and economic policies (including the extent of foreign ownership), and the level of entrepreneurship available in the country. More

LETTERS

Allocation of funds

Fixed telephony comeback

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Steel: Will fortunes remain cast in iron?

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