The Hindu Business Line : Saturday, July 19, 2003

MCPs in politics
THE indisputable upshot of the latest round of deliberations on the Bill on the reservation of seats in the Lok Sabha is that, by and large, Indian politicians can be described as "male chauvinist pigs" (in the ... More

E-DIMENSION

Economic crime is always viable
THERE is a school of thought that is so anti-economics as to consider economics a crime and that economists perpetrate the worst of crimes. When considering some of the costliest blunders that economists have helped ... More

MICROSCOPE

Pricing pressure, higher costs tell on Wipro
STEADY margin erosion continued to be the theme that underlined the earnings performance of Wipro Technologies, the Global IT Services and Products division of the diversified Wipro in the first quarter ended June 30, 2003. Despite registering ... More

EAR TO THE GROUND

Bank of Punjab active
THE talk of a strategic stake sale refuses die out as far as the Bank of Punjab is concerned. The counter buzzed with activity today as the markets were agog yet again with talks that the bank is close to signing a strategic stake sale deal with ... More

ON THE HEDGE

Tata Steel: Outlook stays positive; buy July 200 calls
The following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity options Tata Steel: The outlook on this stock is positive. The open interest position as a percentage of the market-wide limit ... More

SENSOR

Indices down, courtesy Infosys, HLL
THE BSE Sensex shed 21.33 points to close at 3647.58 points on Friday. The broad-based S&P CNX Nifty declined by 12 points to close at 1140 points. The overnight decline in the tech-heavy Nasdaq and the announcement of Wipro's first ... More

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