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Thursday, March 19, 2009
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WEB EXTRAS

ECONOMY: Should accounting be driven by economic conditions?
Adding to the list of other ongoing conflicts is the recent spat between an industry body and the accounting regulator. The hot question is whether the Institute of Chartered Accountants of India (ICAI) should enforce its book-keeping ...

FOREX: M to M is more than mood swings
That the Indian corporates are lobbying hard to get Accounting Standard 11, that among other things, mandates marking financial transactions in a foreign currency to market, off their backs given the huge translation losses staring at their face ...

ACCOUNTANCY: Freedom of speech
Woodrow Wilson, the 28th President of the United States, once remarked “I have always been among those who believed that the greatest freedom of speech was the greatest safety, because if a man is a fool, the best thing to do is to ...

NBFCS: GE Capital, Shriram Transport join hands
Chennai, March 18 GE Transportation Financial Services, a unit of GE Capital India, has signed a Memorandum of Understanding with Shriram Transport Finance Company to form a joint venture that will finance purchase of equipment of any kind, ...





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Markets (March 18)
Nifty (at 3.30 pm)2,794.70(+37.25)
US Dollar (Buy/Sell)51.33/35
Brent crude (a bbl) Rs2,400
Gold (a gram) Rs1,411
Silver (a kg) Rs22,665


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Mandate 2009

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