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Thursday, October 07, 2004

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ACCOUNT SPEAK
First law of business is to know the law right
IN mid-September, with only an hour to go before the AGM, Birla Corporation Ltd rushed to the Company Law Board (CLB) and asked if R. S. Lodha could chair the meeting. The CLB was unable to "understand the need for this ... More

ON MINT STREET
When one plus one is eleven
ONE plus one is two. For government bankers talking of mergers in their sleep, one plus one is 11. Bank chairmen, most of whom will retire through 2005 and have nothing to lose, are up on the idea of creating big balance sheets with most going ... More

BOOKS OF ACCOUNT
When boardrooms bode doom...
WHAT are the values and qualities that directors must possess? How to develop an environment in the boardroom to encourage scepticism and serious discussion? Is it possible for the CEO and the board to understand ... More

INDIA UNINC
Demography and P&P sector — Age bomb, a trigger for outsourcing
The aging population of the developed countries, coupled with a desire of the workers for fewer hours, is a ticking time-bomb. The Proprietorship and Partnership sector will be tremendously impacted in the coming decades because of the tectonic shift in the employment scenario. There is an urgent need for society to calibrate this explosion in the coming decades, says R. Vaidyanathan. More

EAR TO THE GROUND
Hope on revamp drive
THE stock of specialty chemicals company Polyolefins Rubber and Chemicals is being recommended by various stock broking firms over the last few days. Talk is that this Mafaltal group company is expected to do well in the next few quarters as ... More

ON THE HEDGE
Maruti: Outlook negative, sell October futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segment on the NSE: HPCL: The stock closed at Rs 328 in the spot market. The outlook appears positive. The near-term upside price target is Rs 338. ... More

SENSOR
Sensex falls into red; tech stocks rule weak
THE positive momentum seen in the indices over the past few weeks took a breather for the second day in succession. The benchmark BSE Sensex ended the day at 5713.75 points, registering a drop of 44.92 points; the Nifty shed 17.55 points to ... More




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