The Hindu Business Line : Sunday, December 07, 2003

L&T's engineering business — Structuring a good deal
THE Larsen & Toubro (L&T) board of directors has to examine ways of tailoring the proposed acquisition of stake from Grasim to suit the interest of shareholders. Grasim holds a 15 per cent stake in L&T; once the ... More

TAKING COUNT

Earnings growth can sustain valuations
The earnings growth factored into stock prices suggest that valuations have not scaled irrational heights. However, there could be a slight downside risk if economic growth does not materialise. More

SIMPLE ECONOMICS

Beware the risk in time spreads
CONSIDER this: You observe that the December (near month) Nifty 1640 calls trade at Rs 28 per option, and the January Nifty 1640 calls (farther month) trade at Rs 65 per option. You buy the January calls, and ... More

TAX TALK

The tax cover on life insurance
ARE sums that are received on maturity of life insurance policies taken on or after April 1, 2003, taxable? If so, under what head and to what extent is the same taxable? Will payment of life insurance premium on or ... More

Deduction on education loan
MY DAUGHTER has joined the BDS course for which I have paid the tuition fees. For this purpose I have taken an education loan from the bank. The loan is in the joint names of my daughter and me. I pay the interest and ... More

IN FOCUS

Do not go by a fund's name
There are several cases of products with different risk characteristics and portfolios, sporting similar names. More

AUTO FOCUS

Zen and the art of redesigning
Its best selling premium small car - a product which has always focussed on men. ASIDE of the seemingly half-hearted attempt at poetry, that sentence encapsulates Maruti's (MUL) past strategy for the Zen. The ... More

The Gen-next bikes
"CHANGE is the only continuum!" That is fast becoming the reality in the biking world. With companies such as TVS Motors and Bajaj Auto taking to this maxim, their products too are evolving ... More