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Thursday, December 04, 2008
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T.C.A. SRINIVASA-RAGHAVAN: Goodbye, Mr Chidambaram
For the last five years I have deliberately not written about the former Finance Minister, Mr P. Chidambaram. But now that he is gone from the Finance Ministry — forever, perhaps — it seems right that one should make amends, not ...

RASHEEDA BHAGAT: ‘IT can help create a national intelligence grid’
Infosys co-Chairman Nandan Nilekani says the Mumbai terror incidents have reinforced the need for a national intelligence grid with real-time mapping of information. IT companies can really help in this, he ...

ACCOUNT SPEAK: Critical factors for pruning costs
Pulling down the cost line for immediate gain by skipping some quality control measures can be fatal.. Volatility is inherent in the present global financial system and it is going to stay, observes Mr Siddhartha Sen, a Kolkata-based cost ...

CONTRA ENTRY: Careful auditors
Ubiquitous as they are, auditors have been witness to winds of change since the beginning of this century, thanks to some unimaginable scams and the tendency of some entities to overdo things leading them towards ...

BOOKS OF ACCOUNT: Focus on controls that treat risks
How is RBIA (risk-based internal audit) different from internal audit? “Although traditional internal audit concentrates on riskier areas of the organisation, its approach is based on its own assessment of risk… RBIA ensures that ...

ON THE HEDGE: More accumulation seen in Tata Steel's long position
Bank counters add short positions. Chennai, Dec. 3 Trading volume remained moderate at Rs 33,606 crore on Wednesday. The NSE December future closed in discount at 2647 against the spot Nifty close of 2656.45, in a listless ...





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Markets (Dec 03)
Nifty (at close)2656.45(-1.35)
US Dollar (Buy/Sell)49.97/98
Brent crude (a bbl) Rs2,307
Gold (a gram) Rs1,174
Silver (a kg) Rs16,845


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