Business Daily from THE HINDU group of publications
Thursday, August 14, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Thursday, August 14, 2008 ePaper | Mobile/PDA Version | Audio |
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OPINION EDITORIAL: Monsoon magic We are now witnessing what healthy transformation a fortnight of widespread heavy rains can bring about in agriculture. The spectre of mid-season drought that haunted the country following the three-week long dry spell in July (when, seasonally, ... POLITICS: Trust vote as a turning point Out of evil cometh good. The trust vote won by the UPA Government on July 22, 2008 was certainly not a matter of glory for our democracy. The cynical horse-trading of MPs and display of currency note bundles showed to what low levels our ... INTERVIEW: `Current metal prices represent a return to sustainable price levels' MERGERS & ACQUISITIONS: M&A, private equity in IT-ITES The information technology (IT) sector in India has historically been among the highly acquisitive sectors. The ITES/BPO segment, which is considerably younger, has also been among the top acquirers. Traditionally, the IT-ITES sector ... ACCOUNTANCY: AGMs can be made relevant In the article ‘AGMs Relevant?’ (Business Line, August 5), the author questions the relevance of Annual General Meetings (AGMs). Well, this is not the first time the annual ritual has elicited extreme cynicism ... BOOKS: Corporate social development actions It may be fashionably financial, and often perfectly legal, to ask why at all corporations should be involved in development, if the business of business is business. There are at least two reasons ‘why,’ argues Michael Hopkins in ACCOUNTING STANDARDS: ‘Converge, not adopt’ The Ministry of Company Affairs (MCA) has stated that India would converge with IFRS but not adopt it. While this could sound confusing initially, it appears that all that the MCA is saying is that there could be small differences with Indian ... LETTERS: Creating value The editorial “Collective equity” (Business Line, August 13) has rightly stated that this is a golden opportunity for BSNL unions to re-examine their suspicion of the management for seeking to bring about a ...
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