The Hindu Business Line : Sunday, August 07, 2005

`Co-operative' structure ideal for UTI MF
It would be in the fitness of things if UTI Mutual Fund was turned into a co-operative or `customer-owned' structure, as that would provide the leadership that the money management industry sorely needs. Moreover, as it was the taxpayers' money that was used to bail out the UTI, it is only fair that they be given a chance to reap the benefits from it. More

SIMPLE ECONOMICS

Economics of advertising
MY FRIEND, a cricket enthusiast, is glued to the television these days. He realises that he is able to watch these matches live because of corporate sponsors. He, however, wonders why companies spend so much on advertisements. What is the ... More

TAX TALK

Can tax benefit be claimed for expenditure on renovation?
I HAVE purchased a house in Bangalore. For this purpose I took a housing loan of Rs 9 lakh. I have spent a further sum of Rs 1 lakh out of my own funds towards renovation and painting of the house. I presently ... More

IN FOCUS

Acquisition by Oracle — Keep the i-flex stock on hold
THE "the hottest banking products stock" in the Indian financial services space is set to change hands. The acquisition by Oracle Corporation of a 41-per cent stake in i-flex solutions from Citigroup Venture Capital International at Rs 800 per ... More

FUND WATCH

ABN AMRO launches Dividend Yield Fund

AUTO FOCUS

What to do after you've fished the car out
IN A COUNTRY as vast as ours, cars have to be built to withstand the effects of the whole gamut of weather phenomena from extreme desert heat to bone chilling winters and relentless rains. The effect of water on the ... More

BOOK VALUE

Four codes to crack
IN 101 days you should be able to turn your unknown assets into millions, discover your enlightened money-making idea, gather an amazing team around you, and open the vault to a lifetime of fulfilment and prosperity, promises the back cover of ... More

BANKING PRODUCTS

FD interest rates perking up
IF THE equity market is just not your cup of tea and you prefer spreading your surplus across fixed deposits (FDs), you have reason to cheer. Interest rates are beginning to perk up and not just that on company FDs. ... More

LAW LANE

Mothers age when sons die
REVERENCE for life is the highest court of appeal, said Albert Schweitzer. Compensation cases such as P.V. Subba Rao and another vs Sunkari Varahalamma and another that the Andhra Pradesh High Court decided ... More

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