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Thursday, August 28, 2008
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OPINION

ACCOUNTANCY: CP for classes and deposits for masses
Commercial paper (CP) made its mark in India in 1989 in response to the clamour by corporates to break free of the stranglehold of the banking sector in the matter of working capital finance. While banks do offer better terms to blue-chip ...

POLITICS: A morning at Singur
The people of Singur want their land back. They also want the Nano plant. But they do not want the Buddhadeb Bhattacharjee Government. In fact, their show of anger against the Chief Minister is so forceful that, at times, one has to wince in ...

INTERVIEW: Awareness about IFRS needs to increase more rapidly
With the convergence of accounting standards across the globe gaining momentum, accounting bodies such as the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have already initiated the ...

ACCOUNTANCY: Role of independent directors in investor protection
Investors play an important role in every sphere of corporate activity. Persons who invest funds in a company vary depending on the nature of investments. Those who invest money in shares are termed as shareholders and those who invest in loan ...

EDITORIAL: Overseas success
Defying trying conditions at home, India Inc. is busy in the global arena. The country’s second largest IT firm, Infosys made its first major large scale foray on Monday with a $753 million (Rs 3,283 crore) all-cash deal for the UK’s ...

ACCOUNTING STANDARDS: Together we win
There is a story about teamwork wherein a young boy is attempting to lift a boulder in front of his father but is unable to. When the father questions whether the son has used all his strength, the son replies in the positive to which the father ...

PETROLEUM: Energy security and growth
India’s growth in the last few decades has been swift. Till the economy was opened up, allowing in the free winds of change, economic growth was a meagre 3.5 per cent. Climbing to 6 per cent in the post-liberalisation period, the economy ...

LETTERS: Singur muddle
In times when challenging Mr Ratan Tata is unfashionable, it is interesting to see the Trinamool Congress chief, Ms Mamta Banerjee, and activist Ms Medha Patkar putting up a fight for farmers at Singur. Why is it wrong if someone takes up the ...

LETTERS: The communal trap
It is time the political masters dropped the term “negotiated settlement” from their cherished lexicon and started thinking of fighting fire with fire if Kashmir is to remain an integral part of India. ...






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Markets (Aug 27)
Nifty (at close)4292.10(-45.40)
US Dollar (Buy/Sell)43.75/76
Brent crude (a bbl) Rs5,011
Gold (a gram) Rs1,108
Silver (a kg) Rs20,675


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