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Thursday, April 30, 2009
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OPINION

EDITORIAL: Markets and manipulation
Despite all the stock market reforms carried out, it appears that the system can still be subverted to the detriment of small and marginal investors. The recent SEBI order in the case of price manipulation of Pyramid Saimira’s ...

TERRORISM: Afghanistan at the crossroads
Located at the crossroads of Central, West and South Asia, the people of Afghanistan have been victims of great power rivalry and foreign occupation ever since the state was founded by Ahmed Shah Durrani in 1747. External powers ranging from ...

INTERVIEW: A case study on Satyam
Hopping jets, raising money for schools, advising political leaders across the world, teaching courses, working with government agencies, writing books and articles, rubbing shoulders with corporate captains on boards, suggesting to ...

ACCOUNTANCY: Seamless merger versus takeover
The takeover of the beleaguered Satyam Computer Services Ltd (Satyam) by Tech Mahindra with a 31 per cent preferential allotment in the latter’s favour has won almost universal acclaim with some pundits even gushingly hailing ...

PETROLEUM: Shifting oil sands
Shifting sand dunes and high tides have not come in the way of the oil and gas exploration companies operating in India. Despite the tough geological terrain, these companies have proven their detractors wrong by striking rich reserves of ...

BOOKS: Why price-warfare when there is no shortage in demand?
It may seem remote to imagine a bank being started with six employees in an abandoned textile mill in Mumbai. But that’s how the story about Aditya Puri begins, a little more than a decade ago, in a chapter on HDFC Bank, which Peter ...

LETTERS: ATM reforms
This has reference to your editorial, “Telling reforms” (Business Line, April 28).The decision to liberalise the setting up of offsite ATMs, permitting customers to use ATMs anywhere with any bank’s ...

LETTERS: Cartelisation
The article “When economy slows, cartelisation grows” (Business Line, April 28) has correctly remarked that the MRTP Act 1969 has been ineffective in dealing with cartels. One is reminded of eminent jurist ...


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 29)
Nifty (at close)3,474(+111.65)
US Dollar (Buy/Sell)50.04/05
Brent crude (a bbl) Rs2,476
Gold (a gram) Rs1,364
Silver (a kg) Rs22,250


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