COLUMNS
ACCOUNT SPEAK
When networking is not working, try `citology'
NETWORKING is a topic not only among computer guys but also in the high reaches of CA governance. Thus, successive presidents never tire of extolling the virtues of putting heads together and presenting a unified front ...
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FOCUS
Indian Oil-IBP proposal: Smart timing of an inevitable merger
"WE are not saying that we will keep it separate but there are certainly no plans for an immediate merger. As of now there are no proposals on the table but the possibility in the long run cannot be ruled out." Mr M.S. Ramachandran, Chairman ...
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MICROSCOPE
ABB: Portfolio balancing pays off
ABB recorded an impressive performance for the first quarter of 2004. The revenue growth and the order booking was the highest over the past five years. The consistent performance can be attributed to ABB's effort in balancing its portfolio ...
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Indo Gulf Fertilisers — A long-term bet
BOTH the sales and profit performance of Indo Gulf Fertilisers for 2003-04 are distorted by the receipts of subsidy arrears pertaining to earlier years. Shorn of these receipts, Indo Gulf `s financial performance for the year is modest; but ...
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EAR TO THE GROUND
Fund buying at lows
SOME domestic mutual funds were actively buying the shares of Chennai Petroleum and GAIL (India) at lower levels on Wednesday. According to an institutional dealer, some local funds have picked up reasonably large number of shares. Many equity ...
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ON THE HEDGE
M&M: Outlook positive, buy May futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: M&M: The stock closed at Rs 479 in the spot market. The outlook appears positive. The upside price target is Rs 505. Buy May ...
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SENSOR
Flat end to a volatile day
THE uncertainty of the election results appears to be weighing heavy on the minds of investors. A range-bound trading session followed the steepest fall in three years. The markets remained volatile throughout the day. Select stocks registered ...
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