The Hindu Business Line : Wednesday, March 30, 2005

Seeds Bill: A rich harvest for MNCs?
ON March 5, the Genetic Engineering Approval Committee (GEAC) officially approved the cultivation of six new strains of Bt cotton, paving the way for multinational corporations to tighten their grip on cotton ... More

EDITORIAL

Taxing FBT
THE FINANCE MINISTER, Mr P. Chidambaram, has promised a stable tax and policy environment through a new Income Tax Bill by the year-end or January 2006. He has also admitted to far too much clutter in the income-tax law, though this was obvious ... More

TELECOMMUNICATIONS

Chalta phirta PCO
HITHERTO we thought a mobile phone was so called because unlike a landline phone, we could carry it with us in our pocket wherever we went. The distinction between landline and mobile has now got blurred in a novel ... More

CORPORATE

Corporate crime and punishment
After the series of corporate frauds that rocked the US a few years back, the public mood there is turning against business leaders. They are perceived as villains taking jobs overseas in search of corporate profits and caring only for their personal fortunes which are often linked to stock prices. More

INFRASTRUCTURE

Vehicle parked between Sonia and Spiders
SPECIAL Purpose Vehicle, or SPV, is a financial technique or conduit to fund infrastructure projects such as roads, ports and airports. "The SPV will lend funds, especially debt of longer term maturity, directly to ... More

PETROLEUM

Agony of the Asian oil premium
FOR months, the Minister for Petroleum and Natural Gas, Mr Mani Shankar Aiyar, agonised over the Asian premium, which countries of the continent pay for import of crude oil from the Gulf. Within months of assuming ... More

TAXATION

VAT will be, will be
WHILE the Empowered Committee of the State Finance Ministers has worked out the common features of the value added tax (VAT) regimes in the States and the Centre has provided Rs 5000 crore in Budget 2005-06, the ... More

BANKING

Basel II: Many unanswered questions
Basel II with its three-pillar approach to risk management is far more complex than Basel I. It will require comprehensive data collection and analysis, which is difficult and expensive. Some key questions need to be asked as India enters the consult ation stage of implementing Basel II, say Mohit Charnalia and Vaidyanathan Venkateswaran. More

LETTERS

Merger mania

Black money in property deals

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