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Thursday, April 16, 2009
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OPINION

POLITICS: Pakistan slides further into chaos
American Special Representative for “Af-pak” (an acronym for Afghanistan and Pakistan), Richard Holbrooke, while expressing appreciation for India’s “full support” for the reconstruction of Afghanistan, noted in ...

ACCOUNTANCY: What about ADR holders of Satyam?
Tech Mahindra’s acquisition of 31 per cent of the share capital of the beleaguered Satyam Computer Services Ltd (Satyam) vide the preferential allotment route at Rs 58 per share has thrown up some interesting issues from the standpoint ...

ACCOUNTING STANDARDS: The effects of changes in AS 11 rules
The ICAI’s announcement on March 29, 2008, three days prior to the close of FY 2008-09, directing entities to account for derivatives by adopting AS 30 ahead of time or to provide for losses based on prudence, took many by surprise. Many ...

ACCOUNTING STANDARDS: Consolidation of promoter-driven companies
International Financial Reporting Standards (IFRS) is fast becoming the governing language of global financial reporting. India too will converge to IFRS in 2011. Contrary to popular belief, most standards have an impact on the financial ...

ACCOUNTING STANDARDS: ‘Recession’ accounting
There is a saying that no man is really successful until his mother-in-law accepts it. As far as accounting regulations are concerned, no law can be said to have been passed till the small print appears in the Official ...

BOOKS: Strategy for insurance growth
Acquisitions are not likely to play a big role in MNC entry into Asia, since there are not that many acquisition targets, say Stephan Binder and Joseph Luc Ngai in Life Insurance in Asia: Winning in the next decade ...

EDITORIAL: Climate change and growth
Climate change and global warming are fairly high on the agenda of most governments thanks to heightened awareness of their potentially adverse effects. But in practice, across nations, there is a wide variation in policy response to the ...

LETTERS: Economics, physics
Mathematics is not about calculations alone. Calculations are a means to comprehend the underlying logic and rationale mathematics embodies. So techniques are not science, they are just a medium through which science can express itself and ...


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 (April 15)
Nifty (at close)3484.15(+101.55)
US Dollar (Buy/Sell)49.69/70
Brent crude (a bbl) Rs2,464
Gold (a gram) Rs1,359
Silver (a kg) Rs22,155


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Apr. 5-Apr. 11
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