The Hindu Business Line : Thursday, November 21, 2002

SEBI's stay order
THE SECURITIES AND Exchange Board of India's decision to ask Grasim Industries to put on hold its open offer for the acquisition of shares of Larsen & Toubro is welcome. There is a wide divergence between the price of Rs 306 per share that Grasim ... More

ECONOMY

Positive features in economy raise hopes, but...
Reality check dampens enthusiasm
Even as some features in the economy inspire confidence, a look at the ground realities raises doubts on the Government's intentions in sticking to fiscal discipline and ensuring non-inflationary growth. It is time the authorities devised some ingeni ous measures, such as putting in place efficient management and regulatory mechanisms, to revive the capital market. More

ACCOUNTANCY

Creditors with begging bowls
S. Lochani on the plight of trade creditors in recovering their dues More

Rigor mortis
IT IS when reason becomes a casualty that one considers the alternative. A noose or a bullet, lonely cliffs or running trains would end up in his shortlist. On the same plank, one can put some of the gory rituals practised in rural India ... More

FOREIGN TRADE

India and the Asean connection
With moves towards free trade becoming an integral feature in South-East Asia, India, too, has to economically integrate with countries in its neighbourhood. But we will first have to recognise that another round of drastic economic reforms and rapid infrastructural improvement are imperative if we want to catch up with and become competitive with our eastern neighbours, points out G. Parthasarathy. More

POLITICS

Everyone's on the yatra bandwagon
THERE was a time when the dharmachakra was central to the Indian polity. Soon, one found that there were wheels within wheels and, somewhere along the line, the chakra was no longer a symbol in the country's political firmament. ... More

INVESTOR PROTECTION

Let's put it to vote
The law on voting at company general meetings needs a relook, says N. R. Moorthy More

LETTERS

Fight against tobacco

Income-tax reform

Solution to water problems

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