The Hindu Business Line : Thursday, November 13, 2008

OPINION

INTERVIEW: The financial crisis will hit our aging agenda hard
The most immediate effect of the financial crisis is the destruction of housing and financial wealth, especially in the equity markets.. Financial fire-fighting has become a daily occurrence at almost every level. While at the household point ...

POLITICS: Chennai, New Delhi and the Tamil cause in Sri Lanka
A major lesson that the Manmohan Singh Government has learnt in recent days is that the otherwise warm and friendly Delhi-Colombo relationship cannot remain unaffected by the dynamics of Colombo-Chennai equations. Significantly, some of ...

ACCOUNTANCY: Creepy acquisition
Promoters are exempt from making the mandatory public offer to acquire further shares carrying a minimum of 20 per cent voting rights of the company so long as they do not acquire in a financial year more than 5 per cent of the shares ...

EDITORIAL: Wrong direction
For over a month, the Finance Ministry, in tandem with the Reserve Bank of India, has been engaged in easing liquidity and reducing the price of credit. Those efforts appear to have paid dividends. Over the past week, following the Finance ...

INTERVIEW: Road to global relevance?
The Companies Bill 2008, currently inching its way through the legislation process, has evoked interest among professionals, as during the many earlier occasions. Perhaps, things may pan out differently this time, making our corporate law ...

INTERVIEW: Should competition law focus on `concentration'?
Globally, most competition regulators put greater emphasis on concentration or market share, while deeming which all combinations should fall within its ambit.. The Competition Act, expected to be operationalised soon so as to supersede the ...

ACCOUNTING STANDARDS: AS on local bodies
With the issue of the trilogy of Accounting Standards on Financial Instruments — AS 30, 31 and 32 — the Institute of Chartered Accountants of India (ICAI) has come almost the distance to benchmark themselves with the ...

LETTERS: Resilience of Asian economies
Apropos the article Staying calm during the storm” (Business Line, November 10), the resilience of the Asian economies can be attributed to the better regulations, higher saving rates and the need-based growth due to ...

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Markets (Nov 12)

Nifty (at close)	2848.45(-90.20)
US Dollar (Buy/Sell)	49.30/31
Brent crude (a bbl) Rs	2,605
Gold (a gram) Rs	1,101
Silver (a kg) Rs	16,860

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