Business Daily from THE HINDU group of publications
Thursday, May 14, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, May 14, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS MERGERS & ACQUISITIONS: Assessing impairment loss It’s no secret that many acquisitions made by Indian corporates in the past are turning out to be expensive now in hindsight either because the acquisition price was overpaid or because the expected synergies are not getting realised. ... FOREX: An arrangement of convenience? The recent relaxation on partial applicability of ‘Accounting Standard 11, The Effects of Changes in Foreign Exchange Rates - Revised 2003’ (AS-11 Revised) by the Ministry of Corporate Affairs (MCA) on March 31, 2009, has evoked a ... OUTLOOK: Monsoon lag in Bay, Kerala may spring a surprise India Meteorological Department (IMD) has started an unofficial `count-down' prior to declaring monsoon onset conditions even as the Bay of Bengal weather kept forecasters on their ... CONSUMER FINANCE: Shriram Transport Finance Q4 net up 37% Shriram Transport Finance Company has reported net profit of Rs 154 crore for the fourth quarter of 2008-09, which is 37 per cent higher than in the comparable quarter of last year (Rs ... REGULATORY BODIES & RULINGS: DoT panel moots spectrum transfer fee for M&A Operators to pay Rs 570 cr/Mhz for pan-Indian acquisition. New Delhi, May 13 Merger and acquisition in the Indian telecom space could become expensive. A mobile operator acquiring spectrum from another pan-Indian mobile player will have to pay ... ACCOUNTING STANDARDS: Fair valuing liabilities Historian James Howell once remarked: “The creditor hath a better memory than the debtor”. If one goes by the recent developments in the US, this quotation could well be reversed in favour of the debtor. First-quarter results of ... TELECOMMUNICATIONS: DoT to revoke ByCell’s licences New Delhi, May 13 The Department of Telecommunications has taken a decision to revoke the licences issued to Russian venture ByCell. The move follows concerns raised by the Home Ministry about the company’s shareholding and source of ... FINANCIAL PERFORMANCE: JK Lakshmi Cement Q4 net up 54% Mumbai, May 13 JK Lakshmi Cement has reported a 54 per cent rise in net profit at Rs 104 crore in the fourth quarter of 2008-09, against Rs 68 crore recorded in the same period ... CULTIVATION: Sanwaria Agro Oils expanding capacity Mumbai, May 13 Sanwaria Agro Oils plans to invest Rs 125 crore for producing value-added products such as soya flour (200 tonnes a day), soya nuggets (100 tonnes a day) and vanaspati (50 tonnes a day). It will also set up a 150 tonnes a day ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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