The Hindu Business Line : Thursday, December 20, 2007

ACCOUNTING STANDARDS
Global practices in AS interpretations
Accounting is a means to an end and not an end in itself. Accounting follows business. The function of accounting is to ensure that business transactions are recorded in a transparent manner reflecting the economic substance of them. As business ... More

CORPORATE GOVERNANCE
Two factors that impact corporate governance
Till the collapse of the South-East Asian economies in 1997, corporate governance was not a buzzword, recounts N. Vittal in Roots of Effective Governance (www.icfaipress.org). These economies were booming and some of them were called `tiger', but ... More

EVENTS
`Inclusive development is a national goal'
The National Development Council (NDC) on Wednesday gave its unanimous endorsement to the Eleventh Plan (2007-12) setting an accelerated economic growth of nine per cent per annum for the five-year period, with the Prime Minister, Dr Manmohan ... More

BRANDS
Marico targets kids with new sub-brand under Parachute
Mumbai, Dec. 19 Marico is extending its largest selling hair oil Parachute to the kids segment. After creating Sparsh for babies last year, it has now extended Parachute as a shampoo, cream gel and a non-sticky oil under a new sub brand ... More

OUTLOOK
Travel, airline industry divided on UK visa impact
New Delhi, Dec. 19 The impact of the new visa rules announced by the British Government has divided the Indian tourism and aviation industry. While the travel industry feels that the move would be catastrophic on the large number of visiting ... More

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