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Thursday, December 25, 2008
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WEB EXTRAS

ACCOUNTING STANDARDS: IFRS transition should be in a phased manner
A common myth about IFRS (International Financial Reporting Standards) is that transition is swift and painless, observes Mr N. Venkatram, IFRS Country Leader, India, and Partner in Deloitte Haskins & Sells, ...

MERGERS & ACQUISITIONS: ‘Grab the opportunity, but retain focus during acquisition’
Emerging markets’ MNCs will play a major role in globalisation. Chennai, Dec. 24 We saw a few days ago how a major deal was reversed within hours. Are there lessons in this on what can go terribly wrong with a big-ticket mergers and ...

CLIMATE & WEATHER: Untimely rains may hit pepper output
Supply, demand mismatch likely to push prices higher. Kochi, Dec. 24 Pepper output from the current crop in Kerala is estimated to be lower by 30-40 per cent at 25,000 tonnes due to erratic weather conditions in the major pepper ...

MANAGEMENT: Job enrichment vs monetary motivators
One of the common myths of motivation is that wage increases do the trick. “Some medievalists still can be heard to say that a good depression will get employees moving. They feel that if rising wages don’t or won’t do the ...

PETROLEUM: Walking the power corridors to get early bail for jailed seamen
2 Indian seamen in Korean prison after oil spillage. Mumbai, Dec. 24 Never had she thought that she would have to move through the corridors of power in Delhi to get the Government to listen to her plea. But today, Ms Jaswinder Chawla is doing ...

TRANSPORT: ‘IT spend in logistics may touch Rs 1,000 cr in 5 years’
The ‘Technology Survey for the Indian Logistics Industry - 2008’ has stated that the IT spends in the Indian logistics industry would grow to approximately Rs 1,000 crore from the present Rs 400 crore in the next 5 years (CAGR ...





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Markets (Dec 24)
Nifty (at close)2916.85(-51.80)
US Dollar (Buy/Sell)48.20/25
Brent crude (a bbl) Rs1,845
Gold (a gram) Rs1,210
Silver (a kg) Rs17,780


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Looking back
Dec. 14-Dec. 20
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