The Hindu Business Line : Thursday, May 29, 2003

Losing time in regaining the moral high ground
AS WITH eggs and fruits, you can always sort accountants as good and not so good. While the good ones do the right things the right way, their counterparts put a wrong in one or more places — which will boil down to doing the right things ... More

IMPRESSIONS

Lessons from the plant at Palayakayal
In keeping with the trend of PSUs evolving new strategies to stay competitive, the Department of Atomic Energy demonstrated a new approach to sort out problems relating to the ambitious titanium dioxide and zirconium sponge plant at Palayakayal in Tu ticorin which has been hanging fire for over a decade now. More

MICROSCOPE

Asian Paints: Keeping margin pressure at bay
DESPITE facing margin pressure in the January-March quarter that saw profitability dip by 7.5 per cent on a quarter-on-quarter basis, Asian Paints has posted an impressive jump of 25 per cent in profitability for financial 2003. Seen in the ... More

Monsanto India margins resilient despite drought
MONSANTO India appears to have emerged relatively unscathed from what was a harrowing year for companies operating in the farm inputs business. The company's net sales for 2002-03 at Rs 293.9 crore, is just 0.7 per cent lower than the previous ... More

ON MINT STREET

Recapitalisation at public cost
TILL end-March 2002, the Union Government has provided Rs 21,746 crore as recap funds to support the balance sheets of Government banks. In 2002-03, the Central Government made a provision of Rs 770 crore. Except for State Bank of India, all ... More

APPRAISAL

Banks flex CAR muscle
PUBLIC sector banks in India have shown considerable improvement in their capital adequacy ratios (CAR) in fiscal 2003. CAR is a parameter of judging a bank's financial strength and capacity to expand its business. The Reserve Bank of India ... More

EAR TO THE GROUND

China hopes lift steel stocks
STEEL counters witnessed hectic activity on Wednesday with volumes swelling at the counters of Steel Authority of India and Tata Steel. SAIL had a combined volume of 2.3 crore shares on the BSE and the NSE. About 45 lakh Tata Steel shares ... More

SENSOR

New economy stocks stage smart recovery
THE software and banking stocks spearheaded the rally of the BSE Sensex on Wednesday's trading. The Sensex jumped by 48.52 points (or 1.57 per cent) to settle at 3130.46 points. The new economy stocks, which have been languishing for some time, ... More

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