The Hindu Business Line : Tuesday, January 07, 2003

Dealing with accounting defaults — Lessons from Sarbanes-Oxley Act
There is little logic in pushing SEBI and accounting bodies to mandate greater financial disclosure by corporates when the legal framework for punishing companies that fail to follow even the existing guidelines seems shaky. The major achievement of the Sarbanes-Oxley Act, recently legislated in the US, is that it has stipulated severe penalties that will act as deterrents to corporate wrong-doers. More

EDITORIAL

Almost the best settlement
THE MOVE TOWARDS a tighter rolling settlement cycle from April 2003 is bound to improve the quality of the stock market trading system. The T+2 rolling settlement cycle, announced by SEBI, should push the Indian bourses ahead of most developed ... More

ECONOMY

Employment generation in Tenth Plan — Out-of-the-box ideas need the right backing
With most problems nowadays, the economic answers are only political questions. — Joan Robinson, Collected Economic Papers II. FULL employment is considered an elementary objective of economy and society. In India, the ... More

INFORMATION TECHNOLOGY

Wi-Fi, the wireless alternative
Wi-Fi, a wireless local area network technology that has started revolutionising communication and is threatening to make inroads into the businesses of cellular operators and telephone companies, was not considered as an economic alternative to wire d LAN in India until recently. However, the restriction on indoor use poses limitations for the large-scale adoption of Wi-Fi as an alternative to landline networks. More

MANAGEMENT

Problems and ideas on context
A whole lot of problems are not amenable to standard operating procedures. Solving them requires changing attitudes, values, and behaviours, referred to as adaptive challenges. This takes extraordinary time and artful communication. The country can t ake a leaf out of the CII's IDEAS that offers a fix for the power problem, explaining the electricity riddle in simple terms, says R. Gopalakrishnan. More

SCIENCE & TECHNOLOGY

Geostationary Satellite Launch Vehicle — Looking for commercial space out there
THE development of the Geostationary Satellite Launch Vehicle (GSLV) by the Indian Space Research Organisation (ISRO) is a significant technological milestone in India's continuous endeavour for self-reliance in its space programme. However, ... More

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Wi-Fi, the wireless alternative

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