COLUMNS
ACCOUNT SPEAK
`Due diligence is the business of common sense'
Investors are responsible for whom they choose to invest with. Red flags can be waving in the faces of people but they are convinced that the investment is good because they want to believe the hype about the amazing returns over a short period of ti me. There is no one as blind as he who will not see. MR BRENDAN HEWSON, PRINCIPAL OF GLOBAL RISK ADVISORY SERVICES
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RANDOM WALK
Remembering a tragedy
As the images of the December 2004 Indian Ocean tsunami struggle to fade from memory, the lessons learnt could well prove to be a saving grace.
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BOOKS OF ACCOUNT
We thrive on finding loopholes
What is our national trait? `Defection,' declares V. Raghunathan in Games Indians Play, from Penguin Portfolio (www.penguinbooksindia.com). Another shared trait is `looking for loopholes in practically every law or system,' he rues. ...
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INDIA UNINC
Foreign Investment Flows Caution must be the watchword
The Government is keen on foreign investments but it must monitor these flows carefully as they can upset the country's stock market. Citing the recent Thailand experience, R. VAIDYANATHAN advises vigilance in attracting FII funds.
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SENSOR
Momentum continues thanks to firm Asian bourses
Christmas cheer seems to have taken a firm grip of the domestic bourses. The Sensex followed up the 236 points gain of Tuesday with another 151 points rise. This was in tandem with the rest of the Asian markets, which gained on speculation that ...
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