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Saturday, February 14, 2009
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COLUMNS

FINANCIAL SCAN: Forex speculation drives corporate losses
Apart from the poor operating results of manufacturing companies in Q3 of 2008-9, there was a nasty surprise. Practically all, be they giants or SMEs, have incurred large foreign exchange ...

REASSESSMENT: Clearing the air on services
Just as it is very difficult to find a needle in a haystack, Indian tax laws have been finding it equally difficult to segregate a service element in a composite contract. The State of Madras vs Gannon Dunkerley [(1958) 9 ...

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




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Markets (Feb 12)
Nifty (at close)2,893.05(-32.65)
US Dollar (Buy/Sell)48.84/85
Brent crude (a bbl) Rs2,162
Gold (a gram) Rs1,369
Silver (a kg) Rs23,080


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