COLUMNS
ACCOUNT SPEAK
Weird turns in a wireless deal
Last week, the FIPB (Foreign Investment Promotion Board) deferred a decision on Vodafone's proposal to acquire Hutch-Essar. Vodafone, the UK-based mobile giant, wants to buy a controlling stake in Hutch-Essar for over $11 billion, and the FIPB ...
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IMPRESSIONS
Garib Rath syndrome
The other day my college-going son made me look sheepish by asking me whether we are really so poor so as to book our return ticket from Chennai to New Delhi by Garib Rath, the Railway Minister, Mr Lalu Prasad's new mascot, which he hopes, would ...
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BOOKS OF ACCOUNT
SEZs in a flux
As a topic, SEZ (Special Economic Zone) has turned out to be a knotty issue. The Chinese model has `land'ed itself in trouble closer home. So much so, the Commerce Ministry is hurriedly considering changes to the SEZ Rules in the aftermath of ...
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SENSOR
Markets slide on back of global weakness
The equity markets were once again in the bear's stranglehold on Wednesday. They opened on a weak note, weighed down by weakness in the other Asian markets. Buying interest was entirely absent and the markets could not move in to the green at any ...
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