The Hindu Business Line : Thursday, February 06, 2003

Not in the bag
THE DEPARTMENTAL INDENTS for 50 kg jute bags, already made and in the pipeline, point to a larger-than-usual procurement of rabi foodgrains and this certainly is a welcome development for the jute mill industry, which is also experiencing a spurt ... More

ACCOUNTANCY

The sign-on bonus lock-in
THE ivy-league executive never had it so good. Rival business houses now entice him with irresistible sign-on bonus. Yes, the business of poaching was really never livelier. An employer forking out such a bonus would view it as an investment. ... More

A thoughtless clarification
N. R. Moorthy on the problems that emerge from Finance Ministry's recent interpretation of `securities' More

Tolerance test
LAST month, several large accounting firms began adding disclaimers to their audit opinions for UK clients in an effort to ward off lawsuits. Observers say these opinions will provide a real test of the tolerance of the US Securities and Exchange ... More

High crimes
THE Earth was formed 4.6 billion years ago and Colorado's oldest rocks were formed 2.3 billion years ago. Thus informs www.colorado.com. Also that dinosaurs lived there 145 to 65 million years ago. And that geologists estimate it will take ... More

FOREX

Use them to revitalise the economy
A part of the burgeoning forex reserves could have been used to finance the import of capital or intermediate goods, or to reduce costly foreign debt, or to develop, say, the power or transport infrastructure. Instead, the Government seems bent on fr ittering away valuable forex through half-baked ideas on exchange liberalisation. And it continues to pamper the NRIs, though their remittances are not that vital now, points out N. A. Mujumdar. More

POLITICS

Congress: Losing touch with ground reality?
IT IS ironic that the country'All-India Congress Committee lords it ovthosein States, only the current crop of AICC leaders do not have even the base that the State leaders have.State-level leaders understand a complex political situation or an ... More

LETTERS

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India and IT

Sundaram-Clayton clarifies

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