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Forex accounting relief only for corporates
ICAI asks non-corporates to continue adopting AS-11. New Delhi, April 3 Corporates may have got a huge relief from the Government’s generosity in relaxation of application of an accounting standard on foreign exchange rate differences. ...

ICAI President to quiz Satyam auditors
New Delhi, April 3 The two tainted partners of audit firm Price Waterhouse, who are in judicial custody at Hyderabad, will be quizzed on April 5 by the CA institute’s President, Mr Uttam Prakash ...



On a different plane: Cap...
SEBI cases: Consent settlement preferred
But experts pick holes in process. Mumbai, April 3 SEBI cases settled through issue of consent orders in matters involving manipulations and irregularities relating to the securities market are gaining in ...


States chant ‘power at any cost’ poll mantra
Could offer windfall for captive power units. New Delhi, April 3 Elections could prove to be a lucrative proposition for captive power unit owners and merchant plant ...

Never mind lower inflation, here’s why you’re still paying more for food
Chennai, April 3 The inflation rate has dropped to almost zero, but the prices that you pay for food continue to remain high, especially for essentials such as rice, sugar and ...

Patent to Bajaj will not affect us: TVS Motor
Mumbai, April 3 TVS Motor Company has stated that the grant of the ExhausTEC patent to Bajaj Auto does not, in any way, impact its products in ...

Bidders urge Satyam to push submission deadline
Board to provide latest financial data. Mumbai/ New Delhi, April 3 Bidders eyeing a controlling stake in Satyam Computer Services have requested the Government-appointed board for an extension of the April 9 deadline for submission of financial ...

Bay storm may spare India, head to Myanmar
Thunder squalls will punctuate weather in the Northeast for at least five more days even as satellites scanning the Bay of Bengal yielded more information on evolving stormy weather in the ...

Is WL Ross front-ending for Cognizant?
Cognizant Technology Solutions is believed to be one of the parties interested in acquiring Satyam Computer Services in conjunction with private equity firm Wilbur Ross ...

Markets this week(Latest Audio:English/Tamil)

The five-day-long rally in the stock markets last week witnessed a reversal on Monday, both on weak global cues as well as profit booking ...


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Markets (April 3)
Nifty (on April 2)3214.15(+153.80)
US Dollar (Buy/Sell)50.34/35
Brent crude (a bbl) Rs2,603
Gold (a gram) Rs1,390
Silver (a kg) Rs22,645


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