The Hindu Business Line : Thursday, March 22, 2007

ACCOUNTING STANDARDS
Towards a less rigorous Standard
The proposed new standard on internal control is principles-based, designed to focus the auditor on the most important matters. More

STORAGE
`Cold chain vital for horticulture growth'
Development of cold chain infrastructure is essential to harness the potential of the horticulture sector in both global and domestic markets, according to the Union Minister of Agriculture, Mr Sharad Pawar. He was speaking at the Cold Chain ... More

COURTS/LEGAL ISSUES
Creditor can take possession of assets of defaulters: HC
A creditor was entitled to proceed against the borrower in accordance with the provisions of the Securitisation and Reconstruction of Finance Assets and Enforcement of Securities Interest (SARFAESI) Act without the withdrawal of the OA (original ... More

INFRASTRUCTURE
`India can play lead role in evolving new funding body'
Massive infrastructure projects in Asia More

PETROLEUM
ONGC offshore asset valuation higher this year
Chairman may hold meeting with brokers on Friday More

PHARMACEUTICALS
Jubilant signs $60-m global contracts
Jubilant Organosys, an integrated pharmaceuticals and large custom research and manufacturing services player, has signed international contracts worth $60 million for 2007. According to an official release, the contracts, which form part of ... More

STEEL
SAIL forays into cement manufacturing
Signs shareholders pact with Jaiprakash Associates More

COMMODITY MARKETS
Buying support keeps pepper futures hot
Triggered by reports of increase in Vietnam prices More

CORPORATE GOVERNANCE
For a business civilisation that is humane
`Corporate goodness' is the desire on the part of corporate management to operate according to an altruistic or idealistic motive. More

EXPORTS & IMPORTS
Spices export crosses Rs 3,000 cr
Registers 6% rise in quantity, 44% in value More

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