The Hindu Business Line : Thursday, May 19, 2005

No small dilemma
LAST WEEK, WAL-MART International's President and CEO, Mr John B. Menzer, had come a calling. His agenda was clear: The world's biggest retailer wanted to scale up sourcing substantially from India and the retail sector opened up to allow the ... More

TELECOMMUNICATIONS

Spectrum allocation — Disturbing the CDMA-GSM wavelength?
To realise the mobile subscriber base target of 200 million by 2007, the Telecom Regulatory Authority of India has suggested a sharp increase in the allocation of additional spectrum on a need-based basis for both CDMA and GSM operators, especially i n the metros. The objections to TRAI's recommendations lie in the manner in which it has proposed allocation of additional spectrum in the existing frequency bands. Krishnan Thiagarajan looks at the problem areas. More

ECONOMY

The curious rise of US trade deficit
After the massive devaluation of the dollar, the US trade deficit position seems to have become worse than what it was in the beginning before the dollar began its slide. The trade deficit, incidentally has consistently accounted for some 92 per cent of the total current account deficit of the US. More

ACCOUNTANCY

NPAs in the shopping cart
Mohan R. Lavi looks at the new draft guidelines that permit banks trade amongst themselves in NPAs More

One-size-fits-all approach may not fit
WHAT tops the headlines posted on www.sec.gov, the site of the US Securities and Exchange Commission, is `Statement on Implementation of Internal Control Reporting Requirements' dated May 16. It discusses issues that arose during "the ... More

Get prepared to be impaired
R. Anand on the implementation of the accounting standard on impairment More

Ignorantia juris non excusat
THAT'S Latin for `ignorance of law is no excuse', a maxim that justifies the presence of a good lexicon in the shelf of any professional. A fit offering for the purpose is from Oxford University Press (www.oup.com), A Dictionary ... More

Listless lessons on corporate governance thru listing norms
K. Srinivasan comments on the new Clause 49 of the Listing Agreement More

HUMAN RESOURCES

Three cheers for the rebel
MOST Indian organisations have hordes of "yes men", who faithfully say yes to whatever the men in authority do or even think of doing. And many organisations simply wink at this practice. But little do such firms realise that they stand to lose ... More

LETTERS

Stamp duty issues

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