The Hindu Business Line : Sunday, July 31, 2005

Cash registers ringing for finance sector
IN June 2004, Business Line made out a case for the languishing finance sector. The inspiration for that article was the assessment of the finance sector by Mr Ruchir Sharma, portfolio manager of Morgan Stanley ... More

SIMPLE ECONOMICS

Effects of the yuan revaluation
After revaluation, the Chinese need only 8.11 yuan to buy one US dollar; they needed 8.28 yuan earlier. So, those holding US dollars will now receive lesser yuan for every dollar. This also means that the dollar reserves that China holds will ... More

TAX TALK

Is FBT payable on guest-house rent?
OUR company has two guest-houses. The employees of the company on a permanent basis use both of these guest-houses. In respect of one of them the company pays only one-third of the rent and the balance is paid by the employee using it. Will ... More

Dividend not taxable
Dividend which is taxed in the hands of the company at the time of distribution will not be subject to tax in your hands at the time when you receive it. The same will be exempt under Section 10(34). All domestic companies will have to pay tax on ... More

IN FOCUS

Weathering the quarterlies
A few analysts tend to make accurate forecasts of a company's earnings; a few miss them by a mile. The trouble begins when a wide range of such estimates are aggregated into a "consensus" view that falls between the two extremes. More

FD WATCH

Attractive rates from Wheels India
Repco Bank: Investments in the fixed deposits of Repco Bank can be considered. The bank offers 6.75 per cent for 1-to 3-year deposits and 7.50 per cent for deposits for periods above 3 years. The higher rate compared to that offered by ... More

FUND WATCH

Principal MF declares 40% dividend

Principal Mutual has declared a dividend of 40 per cent on Principal Resurgent India Equity. This is the second dividend declared on the fund in 2005. The record date for the dividend payout is July 29.

ING Vysya Mutual has ... More

AUTO FOCUS

Fiat's survival game with new Adventure Sport
FIAT INDIA is in an unenviable position. Thanks to the settlement with General Motors and also the pick up in sales, particularly of the company's compact cars in key European markets, its Italian parent appears to ... More

BOOK VALUE

The road to prosperity is paved with value
AIMING to offer `the key to true and lasting success', Mike Hernacki begins with a promise in The Secret to Permanent Prosperity, from Magna (www.magnamags.com): That you can become prosperous in good times and bad. Our ... More

LAW LANE

An exclusive storm
A STORMY case that I'd like to walk you through this week is Divisional Manager, United India Insurance Co Ltd vs Samir Chandra Chaudhary, which the Supreme Court decided on July 14. Samir owned an Ambassador ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
HT Media: Invest at cut-off

Cash registers ringing for finance sector

Caution and control — watchwords for the small investor: Mr Sandeep Shenoy, Strategist, Pioneer Intermediaries Pvt Ltd

Short-term correction likely in Nifty

Mid-cap software stocks — Keying up for consolidation

Weathering the quarterlies

Fiat's survival game with new Adventure Sport

In Focus

BHEL Disinvestment

The Yuan Revaluation