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Thursday, October 02, 2008
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OPINION

ACCOUNTING STANDARDS: Accounting for greed?
A Sanskrit proverb translates as “If you forsake a certainty for an uncertainty, you will lose both the certainty and the uncertainty”. Any medical practitioner worth his fees would advise you that anything in excess is harmful. ...

FOREIGN RELATIONS: Zardari climbs up a slippery slope
When the then recently married Benazir Bhutto and Asif Ali Zardari hosted a dinner for Prime Minister Rajiv Gandhi and Mrs Sonia Gandhi in Islamabad in 1988, Rajiv Gandhi came away with the impression that whereas Benazir appeared nervous about ...

CORPORATE: Voting with hands and feet
Shareholders in India normally exercise their rights by raising one of their hands in support of or against a motion. This embodies the one man one vote principle which may be fine in political democracy but not in ...

INTERVIEW: Impairment in the goodwill party
The current generation of CFOs (chief financial officers) could be set for a sobering experience with a slew of goodwill impairment announcements looming large on the horizon, says Ms Nandini Chopra, Valuations Services Head at KPMG ...

INTERVIEW: PE returns to realty financing
Already there were some signs of a slowdown in the realty price spiral; and now the Indian realty sector has begun witnessing the impact of the sub-prime crisis, says Mr Rajiv Sahni, Partner, Ernst & Young, New Delhi. "Recently one of the ...

INTERVIEW: `We approached, met? and formalised'?
BMR Advisors, a Delhi-based professional services organisation offering a range of tax, risk, M&A advisory and managed services, has entered Chennai by acquiring K. Ravi & Co, a CA firm set up in the 1980s. This becomes the fourth ...

EDITORIAL: Strategy for manufacturing
A recent report by the Prime Minister’s Group on the manufacturing sector has called for a review of the country’s FDI (foreign direct investment) policy as part of a package of measures to lift the trend rate of industrial growth ...

LETTERS: Anti-terror laws
This refers to “Strategies to combat terrorism” (Business Line, September 22).The second Administrative Reforms Commission (ARC) has suggested that a comprehensive and effective legal framework should be enacted ...






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Markets (Oct 01)
Nifty (at close)3950.75 (+29.55)
US Dollar (Buy/Sell)47.21/22
Brent crude (a bbl) Rs4,574
Gold (a gram) Rs1,216
Silver (a kg) Rs20,125


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