![]() Financial Daily from THE HINDU group of publications Wednesday, October 23, 2002 |
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COLUMNS OFFHAND Imperium in imperio EVERY workplace functions at two levels. The open and visible one, governed by systems and procedures and peopled by functionaries with formal job descriptions. The relations between them are clearly defined and the channels of communications ... More FINANCIAL SCAN Banks riding interest rate tiger FEW expected interest rates in India would drop so far and so fast. The yield on 10-year Treasuries (i.e., securities issued by the Government of India) has fallen nearly 4 per cent in less than two years. The steep slide in interest rates was ... More REFLECTIONS Tranquil times FOUR to five dolphins on a Sunday morning danced in the Arabian Sea, a few miles off the Tarkarli beach in Konkan. One playful fellow climbed out of the waters, soared into the air in a straight line, flipped forward to dive back into the sea. ... More DETAXFICATION The cost of scandals HOW much have the recent corporate scandals cost the US? $200 billion, according to the "No More Enrons" coalition, promoted by consumer groups and trade unions. The loss is in the form of lost investment savings, jobs, pension losses and tax ... More DOWN TO EARTH
Punjab: The politics of powerPunjab is facing the tyranny of the elements, clumsiness in the Centre's policies and the misdirected forthrightness of the Chief Minister, who has decided to stop free power to farmers. Conceding that farmers get subsidies on account of power supply , Sharad Joshi thinks the Punjab move could have waited, and looks at the politics and economics of free electricity to farmers. More ON MINT STREET Banks can park funds in infrastructure projects IF the brief for a central bank is to guarantee liquidity in a milieu of low inflation and high forex reserves, the RBI can be said to have done more than its bit. On the supply side, RBI has been able to manage a dipping interest regime over the ... More INSIDE BUSINESS Maruti's hour of reckoning Flanked in all segments of the passenger car market by aggressive competitors, Maruti's position as the country's largest passenger car manufacturer is under threat. Maruti aims to fight back by becoming more efficient, cutting costs and taking on co mpetition. It hopes the small frame of the Maruti 800 will help it stay the course, says N. Ramakrishnan, who presents an inside account of the Maruti gameplan. More
EAR TO THE GROUND Hero Honda volatile on funds' activity HERO Honda in the last couple of weeks has been very volatile. This was evident on Wednesday as well when the stock fell by 6.43 per cent at Rs 235.85 with volumes of 3.67 lakh shares on the BSE. On the NSE, the stock closed at Rs 235.50, down ... More SENSOR Heavy selling in tech, two-wheeler stocks EQUITIES ended the day on a weak note after jittery investors began to book profit in technology stocks, and thereby triggered a slide across-the-board. The BSE Sensex ended the day at 2,965.97 points, lower by 32.04 points (1.07 per cent) in ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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