COLUMNS
DETAXFICATION
Explosive fizzled out as the fuse was too long
AN `EARTH-SHATTERING' case that travelled right up to the Supreme Court recently was Commissioner of Central Excise, Jaipur vs J. K. Udaipur Udyog Ltd. The company had a mining lease granted by the Rajasthan ...
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E-DIMENSION
Unsuccessful societies have corrupt elite who suck value out of system
SOME straight and simple questions can be frightening, such as what wives and auditors ask. Kishore Mahbubani titles his book with one such: Can Asians Think? The new edition of the book, from Penguin ...
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ON MINT STREET
Bank mergers a pipedream
THE Union Finance Minister, Mr P. Chidambaram, wants the boards of public sector banks to push for mergers when these banks (hence the boards) are owned by the Government, with the minimum stake being 51 per cent in public sector banks and with ...
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EX PARTE
Bribe in the pyjama pocket
A Dehradun-based NGO wants to rate the most corrupt bureaucrat of Uttaranchal. But going by a recent court case, the corrupt can be resilient, says the author.
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EAR TO THE GROUND
Textile machinery on turnaround path
THE textile machinery sector, which had not been doing so well over the past year and half or so, seems to be back on the revival path. Market sources maintain that such a trend would augur well for stocks such as Lakshmi Machine Works, India ...
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ON THE HEDGE
Outlook negative for Maruti, SCI
THE following strategies are based on Friday's trading in the spot and the derivatives segment on the NSE: Maruti Udyog: The stock closed at Rs 393 in the spot market. The outlook appears negative. The downside price target is Rs 372. ...
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SENSOR
Sensex rallies on strong buying
IN a stark contrast to Thursday's listless trading, the markets saw a euphoric rise on Friday, ending the week on an optimistic note. The markets appear to have disregarded the latest inflation number of 8.33 per cent. The fact that industrial ...
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