The Hindu Business Line : Thursday, June 02, 2005

Managing with independence
THE DEBATE INITIATED by the Securities and Exchange Board of India over the ideal proportion of `independent' directors on boards of listed companies for effective corporate governance has now been joined by the J. J. Irani Committee on Company ... More

TELECOMMUNICATIONS

3G: Questions crowd the spectrum
Before launching 3G services in the country, certain key issues that the TRAI proposals throw up must be sorted out, says Krishnan Thiagarajan More

ACCOUNTANCY

A committee cannot turn a camel into a horse
GOOD news for the Institute of Chartered Accountants of India (ICAI) leaps up from the very first paragraph of Chapter IX of the Irani report that is about accounts and audit. For, the output of the ``Expert ... More

Accounting against the accrual grain?
PARAGRAPH 19 of Accounting Standard 22 issued by the ICAI states, "At each balance-sheet date, an enterprise re-assesses unrecognised deferred tax assets. The enterprise recognises previously ... More

Good guanxi is a network of relationships
DO YOU see red if I say China? Are you afraid of the country, not because of its political leanings, but because you don't know enough about it? You have probably realised by now that China can no longer be ignored as ... More

WTO

Australia's services offer sets benchmark for global partnership
AUSTRALIA'S latest offer in the World Trade Organisation's services trade negotiations, tabled in May in Geneva, demonstrates our responsiveness to developing country concerns and our commitment to achieving real ... More

An end to a bitter legacy
The sugar legacy is a complex and bitter one. Its reform will not be easy. It is rather facile to assume that the ruling by the WTO panel alone would end the legacy. Current problems of the sugar trade cannot be solved by an application of free trade or subsidy rules a la WTO. A globally-negotiated sugar agreement has to be established. It has to ensure trade and development across a number of sugar-producing developing countries. More

CARTOON