The Hindu Business Line : Tuesday, October 29, 2002

A rap for SEBI
THE SECURITIES AND Appellate Tribunal (SAT) has done the right thing in directing the Securities and Exchange Board of India to review its decision in the ACC-Gujarat Ambuja case. SEBI had ruled last year that the acquisition by Gujarat Ambuja ... More

TELECOMMUNICATIONS

Holding public to ransom
HISTORY, it is said, never forgives those who refuse to learn lessons from the past. The disruption in the local and trunk telephones services for several days now has a familiar ring. The nationwide postal strike more than three years ago is ... More

ECONOMY

Is there a trade-off between wages and employment?
The possibility of an inverse relationship between wages and employment has continued to dog a lot of macroeconomic thinking and policy despite theoretical arguments and empirical evidence suggesting that the matter is more complex. In this edition o f Macroscan, C. P. Chandrasekhar and Jayati Ghosh discuss the issues involved and consider the evidence from Indian manufacturing sub-sectors from 1980 onwards. More

Nourish or perish
There is more to fiscal management than accounting, budgeting and tax reform. The Central and State governments need to put heart into the lives and well-being of households and businesses and provide them real nourishment in order to nourish themsel ves and earn more revenues, points out G. Ramachandran. More

MERGERS & ACQUISITIONS

Grasim's bid on L&T: Some issues in perspective
While Grasim's public offer to acquire 20 per cent of Larsen & Toubro was more or less expected, has it given the go-by to several principles of sound corporate governance? Though the bid appears perfectly `legal', it raises questions about propriety and norms of conduct in corporate boardrooms, particularly in situations involving potential conflict of interest and self-dealing. More

LETTERS

Put your suggestions on the Web site

Ganga-Cauvery link

Bank ATMs

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Top Stories
Centaur deal: MP demands CBI probe

Kalam sets young dreams soaring

RBI committee calls for ban on securities trading by LABs

Pampering the super-rich: ICICI Bank shows the way

Insurance cos must refund excess motor premium

SEBI `overlooked' alliance issue in ACC deal