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Thursday, April 22, 2004

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ACCOUNT SPEAK
At the forefront of the world accounting scenario
KINGS usually have a bad habit. They want their visitors to heap praises, ad nauseam. Thus, after tonnes of adulatory phrases, there would be a short message, more muttered under the breath, such as that there is ... More

MICROSCOPE
Marico industries: Holding up, against odds
MARICO Industries has delivered reasonable sales and profit growth in a challenging year for FMCG companies, thanks to good showing from new product launches and a conscious strategy of passing on input cost spikes to consumers through higher ... More

BOOKS OF ACCOUNT
Lessons in book-cooking mixed with blood-spilling
BIG MONEY, cold murder. With these comes one more novel from Stephen Frey, Shadow Account, a thriller that promises `high yield'. This time, stakes are high and so is the risk factor, as "a young Wall Street ... More

GLOBE TROT
Stiff punishment from the SEC
AFTER the US Securities and Exchange Commission (SEC) banned Ernst & Young from taking on new audit for six months as a punishment for allowing a "blatant" conflict of interest to arise with its former audit client, ... More

EAR TO THE GROUND
High on bonus plan
THE stock of steel-maker Tata Steel shot up on Wednesday on speculation that the company is planning a bonus issue of one share for every three shares held. However, shares of steel companies in general were in good demand on reports that ... More

ON THE HEDGE
Outlook positive for Arvind Mills, IPCL
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Arvind Mills: The stock closed at Rs 56 in the spot market. The outlook appears positive. The upside price target is Rs 64. ... More

SENSOR
Exit poll predictions fuel markets
AFTER subdued trading interest on Tuesday, the stock markets witnessed strong buying activity on Wednesday. The benchmark BSE Sensex rose 71.61 points (1.23 per cent) on the back of buying interest in key index heavyweights Reliance Industries ... More




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