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Thursday, July 10, 2008
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OPINION

ACCOUNTING STANDARDS: The redemption millstone
Foreign currency convertible bonds (FCCBs) have been hugely popular with Indian corporates as a source of capital mobilisation. And they have been lapped up by foreign investors wanting to test the waters first before committing themselves to the ...

EDITORIAL: A ‘windfall’ best avoided
The basic challenge facing the Government in acceding to the increasingly strident demand for a tax on ‘windfall’ profits is this: How is it going to establish, in a manner that stands the test of judicial scrutiny, that sections of ...

BOOKS: Auditing the China economics
China’s five-star factory is not somewhere you would want to stay overnight, says Alexandra Harney in The China Price: The True Cost of Chinese Competitive Advantage (
INTERVIEW: MBO: Management or `managed' buyouts?
India has been witnessing increased activity in the MBO space in industries as varied as IT/ITES, chemicals and FMCGs. Private equity initiatives are spurring buyouts where the management and the PE firm enter into a power sharing agreement, with ... latter providing the funding..

POWER: Nuclear deal: UPA could have handled it better
The falling out of erstwhile friends and allies, especially the high-decibel sparring between the Congress and the Left, is threatening to assume unseemly dimensions. Apparently, the course of events of the last few days has contributed to ...

FOREIGN RELATIONS: Nuclear Disarmament: Myths and realities in India
The Prime Minister, Dr Manmohan Singh, addressed a Conference on Disarmament in New Delhi on June 9 to mark the twentieth anniversary of Prime Minster Rajiv Gandhi’s address to the UN Special Session on Disarmament on July 9, 1998. Rajiv ...

ACCOUNTANCY: Financial statements of NBFCs — More responsibilities for the auditor
The Diamond Jubilee Celebrations of the Institute of Chartered Accountants of India (ICAI) have begun in right earnest with an eclectic variety of programmes being conducted all over the country. The ICAI’s achievement in creating an elite ...

LETTERS:
  • Expansion of G-8 LETTERS:
  • Inflation hurts




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