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Wednesday, February 11, 2009
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OPINION

TELECOMMUNICATIONS: Running out of charge in rural India
“Bharti’s strategy of extensive roll-out ahead of competition, especially in new villages, has yielded rich dividends,” Mr Sunil Bharti Mittal, Chairman and Managing Director, Bharti Airtel Ltd, noted last month after ...

EDITORIAL: The tale of pledges
The steady stream of announcements in the past week from listed companies on shares pledged by promoters should go a long way towards greater information-based trading in the country’s stock exchanges. Pledging of shares by promoters, ...

AIRLINES: Cleaning up the aviation mess
In 1904, Vladimir Ilyich Lenin, wrote One Step Forward, Two Steps Back. A hundred years later, the beginning of the backward era in Indian civil aviation began. For the last five years, the aviation sector has gone into a ...

AUDITING: Introspection time for audit profession
It reminds you a bit about the story of Rip van Winkle. “The disciplinary committee of The Institute of Chartered Accountants of India (ICAI) has concluded,” said a report in this newspaper on Tuesday, “that the ...

PETROLEUM: Perpetuating petroleum dependency
Crude oil prices have remained highly volatile over the past year or so. After skyrocketing to $140 a barrel, they have plummeted to around $40 a barrel, thanks to global recession. With this, the Government, which has been steadfastly pursuing ...

MONETARY POLICY: Monetary policy is not for children
In the beginning there was money but no policy. Today, it is the other way around. The change began to take place in 1913 when JP Morgan decided, after the banking crash of 1909, that it was simply too boring to keep on ...

CORPORATE GOVERNANCE: Greed Inc.
At a time when most companies in the US and the UK have to be propped up by hundreds of billions of dollars (or pounds) of taxpayers’ money, the reckless abandon with which the top executives of those companies are lavishing bonuses and ...

POLITICS: PM on a pedestal
It is always a complex, and risky, exercise to peer into the crystal ball in the run-up to a national election because of the inscrutability of the voter's true intentions. This is why on so many occasions in the past psephologists have bitten ...

LETTERS: Thirty years on
For about 30 now, there has been a stock set of aphorisms that politicians and top level administrators keep mouthing as mantras for the common man. Some of these ...

LETTERS: Delayed findings
It has taken the Discipliary Action Committee of the ICAI eight years to conclude that the audit of Global Trust Bank was ...


Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh S Venkitaramanan




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Markets (Feb 10)
Nifty (at close)2,934.50(+14.60)
US Dollar (Buy/Sell)48.75/76
Brent crude (a bbl) Rs2,230
Gold (a gram) Rs1,312
Silver (a kg) Rs21,650


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