The Hindu Business Line : Sunday, June 01, 2003

L&T: What is in the pipeline
SHAREHOLDERS of Larsen & Toubro would have to brace themselves for significant strategic possibilities with the open offer by Grasim set to close this week. What are the possibilities that lie ahead for L&T and ... More

TAKING COUNT

Take another look at bank deposits
THE inflows into bank term deposits continue to be surprisingly large despite the fall in interest rates. Yields of all instruments are plunging sharply and the worst hit are bank term deposits. Yet, bank ... More

SIMPLE ECONOMICS

Tech stocks and mean reversion
TECHNOLOGY companies have fallen out of favour in the stock market. Some attribute this to a phenomenon called mean reversion. What is mean reversion? It refers to a phenomenon where the stock falls in value ... More

TAX TALK

Tax effect of dealing in flats
I OWN a flat in New Mumbai. My employer has transferred me from Mumbai to Chennai and I, therefore, let out the said flat. My tenant has informed me that he is vacating the premises from August 31, 2003. ... More

Deduction for royalty on books
The Finance Act 2003 with effect from the assessment year 2004-05 allows a deduction in respect of royalty or copyright fees for authoring books to the extent of Rs 3,00,000 if the same is by way of a lump sum payment. If the payment is not by ... More

IN FOCUS

The perils of theme-based investing
STOCKS in the banking sector have been basking in the limelight. Over the past six months, this sector has resonated as a "theme" in the minds of professional and small investors alike. And the stock prices ... More

FD WATCH

Can Fin Homes: Built to last
CAN FIN Homes fixed deposit scheme is open for fresh investment. Being a housing finance company, it is eligible for a tax break under Section 80L of the IT Act. However, the interest rates are lower than ... More

FUND WATCH

Income funds see large inflows
MUTUAL funds have had sizeable net inflows in April 2003. Sales at Rs 41,905 crore and redemption at Rs 32,932 crore have ensured net inflows of Rs 8,973 crore. About 88 per cent of the inflows have moved ... More

AUTO FOCUS

The Santro Xing song
NAMING a new product is tricky business for car manufacturers. The name must ring a bell, have great recall, be peppy, stately or sophisticated depending on the car's market positioning and must be out of ... More

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