Financial Daily from THE HINDU group of publications
Wednesday, March 17, 2004

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OFFHAND
Age-old debate
TWO or one at the top? Bifurcate or amalgamate? This debate on whether the posts of the chairman and the chief executive in a corporate should be combined or separated is perhaps as old as the one about chicken and the ... More

FINANCIAL SCAN
Fed may deliver upbeat assessment
AS usual, the market is riveted on the Federal Open Markets Committee (FOMC) meeting which by the time this prints would have ended in an interest rate announcement and the usual post-meeting statement. That the FOMC will hold rates is a ... More

REFLECTIONS
Books that bind
"I SAW the Captain regarding me with brown, friendly and what I came to learn later from hearsay, unreliable eyes. He had such deep-black hair that it might well have been dyed and a long thin nose which reminded me of a pair of scissors left ... More

DOWN TO EARTH
Get WTO back on talking terms
After the Cancun Ministerial, the WTO negotiations appear to have come to a halt, with most players pre-occupied with issues at home. But there is little doubt that, sooner rather than later, the world community will need to sit down and evolve a mul tilateral system of world trade that will be free, equal and viable. The basic principles of the GATT/WTO system are unimpeachably sound, says Sharad Joshi. More

EAR TO THE GROUND
Crude prices add to the cap
After the successful completion of the public offer of ONGC and the final pricing, the stock of the oil major gained sharply on Tuesday as other blue-chips stock fell. Dealers said the rise in the stock price had nothing to do with the public ... More

ON THE HEDGE
HCL Tech: Outlook positive, buy March futures
THE following strategies are based on Tuesday's trading in the spot and the derivatives segments on the NSE: HCL Tech: The stock closed at Rs 270 in the spot market. The outlook appears positive. The upside price target is Rs ... More

SENSOR
Marginal recovery in steel stocks
THE Sensex closed marginally higher at 5,525.09 points, 4.43 points up from the previous close. The Nifty lost 14.05 points to close at 1,749.35 points. The stock of Emco Industries, the manufacturer of electrical equipment used in ... More




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