Financial Daily from THE HINDU group of publications
Wednesday, August 24, 2005
Markets (August 23)
BL 2502340.34 (-45.98)
BSE Sensex7615.99(-134.61)
S&P CNX Nifty2326.10 (-41.75)
US Dollar (Buy/Sell)43.62/43.75
Gold Std (10 gm)6285 (+35)

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OFFHAND


Institutional diseases
IT IS wrong to assume that only the animate — birds, animals and human beings — are prone to diseases and attacks by viruses and germs. Organisations too are equally vulnerable to malaise and mortality. As in the case of the ... More

FINANCIAL SCAN


Non-governmental role models are alternatives
REFORMS = Privatisation. This equation now seems to have been more or less taken for granted the world over. The content of economic and financial reforms is essentially to sell or hand over businesses owned by Government to the private ... More

DOWN TO EARTH


National Employment Guarantee Scheme — Well-intentioned, but poorly designed
The National Employment Guarantee Bill may not work because the scheme itself is modelled on earlier schemes that failed and the government, having learnt little from experience, still plays the central role. Unless there are amendments to the Bill r elating to the definition of the term `family', penal provisions against those who misuse the scheme for profit and the wage rate, the Bill will only deal another blow to an enfeebled village economy. More

ZERO BASE


Wireless infidelity can fail in Wi-Fi hotspots to put you in a spot
CHENNAI has always been a political hotspot, it is said, providing lively entertainment to people, what with intense activity in party offices. Now, the city's airport has a Wi-Fi `hotspot', the first of 300 that BSNL has planned for launch in 15 ... More

EAR TO THE GROUND


Color Chips rises on valuation
COLOR Chips, a company into animation business, rose sharply on Tuesday when there was selling in most of the counters. The stock rose 17.91 per cent at Rs 23.70 on the BSE with volumes of 16.75 lakh shares; on the NSE, it closed at Rs 23.85, up ... More

SENSOR


Indices tumble on across-the-board selling
THE markets lost further ground on Tuesday with the bears taking complete charge of the bourses. The Sensex fell by 134.6 points to close at 7,615.9. With this fall, the benchmark index has lost about four per cent from the all-time highs made ... More



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Hyderabad International Airport achieves financial closure


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National Employment Guarantee Scheme — Well-intentioned, but poorly designed

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Aug. 14-Aug. 20
Oil may ground FII flow, benchmarks

Economy can absorb petro-price shock


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