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Thursday, December 18, 2008
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ACCOUNT SPEAK: Two imperatives for automakers
Defend the business, and manage the evolving scenario. These are the two key areas that Indian automotive companies have to focus on, says Mr Rakesh Batra, Partner and National Leader - Automotive Practice, Ernst & Young. "This situation is ...

BOOKS OF ACCOUNT: Collect your receivables right away
When the economy hits a downturn, the numbers don’t look good at all. That’s what Jud and Terri learnt. All that they had done to increase sales worked, but in the process they were losing sight of some of the basics, narrate ...

CONTRA ENTRY: Buyback of FCCBs
Of late there have news reports on various developments relating to Foreign Currency Convertible Bonds (FCCBs). It was only in the late 1990s various corporations started leveraging FCCBs to fund their growth plans. It is an efficient ...

BL CLUB: M. R. Venkatesh, Partner, GSV Associates, Chartered Accountants, and Mr K. Vaitheeswaran, advocate and tax consultant; Meenakshi College of Engineering, Chennai
Chennai, Dec. 17 Taxes touch us in different facets of our life. There are a variety of taxes that we have to pay for from time to time, for example VAT, property tax, wealth tax, gift tax, customs duty and so on. Apart from these, we also ...

ON THE HEDGE: Satyam accumulates short positions
Chennai, Dec. 17 Turnover increased sharply to Rs 49,360 crore in the F&O segment on Wednesday. The Nifty Dec future ended in discount at 2941.7 against the spot close of 2954.35 though the Nifty Jan future ended in premium at 2960.70. ...





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Markets (Dec 16)
Nifty (at close)3041.75(+60.55)
US Dollar (Buy/Sell)47.81/82
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,192
Silver (a kg) Rs17,715


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