The Hindu Business Line : Monday, May 29, 2006

OPEN OFFERS
Arch makes open offer to Merven shareholders
Arch Impex Pvt Ltd, which had earlier acquired Merven Drug Products Ltd, has announced open offer to the shareholders of Merven for the purpose of delisting the latter's shares from the bourses. Yes Bank Ltd has been appointed manager to the open ... More

AUDITING
Big worries about Big Four
A recent alert on AccountingWeb reads, `Big Four Firms Face Huge Potential Liability in Global Audits'. The story, viewed already 1,808 times on www.accountingweb.com, speaks of fears in the European ... More

MANAGEMENT
`One is never too old to learn soft skills'
Meet Sarvesh Gulati, the chief of New Delhi-based Softspan (India) Pvt Ltd, and the author of Corporate Softskills. Soft skills, also known as `people skills', deal with many things. They include "communicating, listening, engaging in ... More

HUMAN RESOURCES
Withholding nitty-gritties for the employer
If you run a software company making arrangements to ship your employees abroad on assignments, you probably have all the administrative modalities worked out. While you try to make an early assessment of the tax implications for your assignees, ... More

Manipulating stock options for personal gain
Under the garb of designing a motivational compensation package intended to spur the executive to higher performance, the concept of granting stock options to CEOs has been hijacked by those in power to award themselves corporate funds. More

NEW PROJECTS
L&T lays foundation stone for campus at Coimbatore
The Rs 500-cr centre to start operations by June next year More

OVERSEAS INVESTMENTS
Genius Consultants plans overseas foray
Decision soon on a branch in US, UK or Singapore More

ALLIANCES & JOINT VENTURES
Power exchange: NTPC to work out parameters
PTC, PowerGrid participation in project likely; may pick up stake More

CollabNet to partner Sify
To focus on telecommunication, finance More

PERFORMANCE
Panel pulls up SAIL for poor capacity utilisation
`Rectify situation before next fiscal end' More

Scoreboard
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In Focus

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In Depth

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Looking back
May. 21-May. 27
RIL hikes diesel prices by Rs 2/litre

Hindalco in pact with MP Govt for greenfield aluminium smelter

Orchid gearing up for overseas buys

L&T making enquiries to import cement

Networth of 88 PSUs completely eroded, says CAG report