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Thursday, August 27, 2009
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OPINION

INTERVIEW: The information security road to biz process maturity
If your recall of 27001 is an old telephone number or a truncated postal code, you perhaps don’t belong to the information security field. For, the number 27001 jumps off from the site ...

ACCOUNTING STANDARDS: Accounting for interest-free govt loans
IFRS is generally replete with provisions for present values taking into account the time value of money and the imputed interest where long-term transactions are carried at low or no interest. This has taken the concept of ‘Substance ...

STOCK MARKETS: Creeping increase in public holdings
The Finance Minister has walked the talk again. First he was true to his word by placing in the public domain the Direct Taxes Code and now he has asked all listed companies to achieve the stipulated 25 per cent public participation mark ...

BOOKS: Partner performance counselling
Among the many ways to improve a professional firm’s success, what can be quite powerful is ‘partner performance counselling,’ says the Institute of Chartered Accountants of India in Professional Opportunities ...

ACCOUNTANCY: A matter of trust
Frank Crane once quoted: “You may be deceived if you trust too much, but you will live in torment if you do not trust enough.” This quote could be used by regulators and entities who use the services of the auditing profession. Over ...

EDITORIAL: Low-voltage idea
In what can only be termed an outlandish proposition, the Government is said to be working on a project to set up a gas-based power plant in Iran and wheel the power to India through an overland or sub-sea transmission line. The plan is to use ...

FINANCIAL POLICY: Time the RBI started mopping-up operations
The Reserve Bank of India (RBI) is supporting market borrowings of the Government in the first half of the current financial year. It has undertaken a massive responsibility to relieve pressure on interest rates. Before each flotation of ...

RAILWAYS: Mamata reaches out to industry: A new focus on development
The meeting in Kolkata last week between the Trinamool Congress leader, Ms Mamata Banerjee, and a section of industrialists based in West Bengal was held under the auspices of the Union Railway Ministry, the stated objective being to enable the ...

LETTERS: Partition at Shimla
This has reference to the article “The partition at Shimla” (Business Line, August ...

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 (Aug 26)
Nifty (at close)4,680.85(+21.50)
US Dollar (Buy/Sell)48.90/91
Brent crude (a bbl) Rs3,449
Gold (a gram) Rs1,400
Silver (a kg) Rs24,610


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