The Hindu Business Line : Thursday, June 29, 2006

EDITORIAL
Lure of retail
Only businesses with a durable last-mile connectivity with the customer can secure a satisfactory return on their investments. More

ECONOMY
Time to say goodbye to World Bank?
India's decision three years ago to make pre-payment of bilateral debt owed to several countries helped in its being seen in a positive light by many developing countries. A similar approach could be considered for loans from World Bank, says R. VAID YANATHAN, explaining why it makes sense for India to stop accepting assistance from the Washington institution. More

ACCOUNTANCY
Needed, seamless cross-border M&A
There can be no legal bar for entering into a scheme of amalgamation between an Indian company and a foreign company More

Financial terrors in dark databases
The latest issue of AccountingWeb's `Weekly Business Bite' includes a link to an item headlined, `Terrorist Finance Tracking Programme Disclosed.' The reference is to the recent disclosure by the US Treasury Secretary John Snow about the ... More

Winners' curse and accountants' nightmare
The accountant is not as much in the doghouse for a misadventure in the share market as he is when M&As go sour. More

Add strength to tenders
"Sealed tenders are invited from Chartered Accountants with three years of auditing experience in autonomous institutions and who are empanelled with the Comptroller & Auditor General of India, for ... More

SOCIAL WELFARE
Enlightened affirmative action is the key
To create a humane, inclusive society, public policy must be perceived to be fair, open and transparent. Reservation is not the best means to achieve social equity in a developing country. A more enlightened affirmative action is the need of the hour . More

LETTERS

Energy independence

Investment in retail

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Top Stories
Demand for construction machinery on the rise

PM favours cheaper loans to handloom weavers

`A one-billion middle-class deluge from India, China by 2020'

AMCs await full SEBI guidelines for foray into real estate MFs

Oil bonds: A sticky problem for accountants

Concern over rising salaries for IT freshers

Wheat import duty pegged at 5 per cent

Time to say goodbye to World Bank?

Qualcomm may invest more in R&D centres

Looking back
Jun. 18-Jun. 24
Predicting the oil peak

`Even 10 pc of world auto-component business is lot for India'