OPINION
CORPORATE DISPUTES
A will in the present with baggage from the past
CONFUSION in Kolkata is about Priyamvada's will and Lodha's luck, even as Birlas look blank. "Where there's a will there's a way," they say, but here's a will that's beating its way to courtroom battles and newspaper ...
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EDITORIAL
Confidence vote on futures
THE LIBERALISED FRAMEWORK announced by the Securities and Exchange Board of India should expand the `futures' and `options' segment, and result in moving much of the speculative activity from the `spot' to the `derivatives' market. The proposed ...
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BUDGET
Budget: Let down by leakages
The larger the number of schemes, however noble their intentions, the greater the leakages. One cannot ignore the realities by arguing that schemes would work if governance were good. But governance is not a commodity that can be readily purchased. W hat is important is that the leakages should be plugged before announcing social sector schemes, lest the expenditure growth outstrips revenue, worsens the fiscal position, and widens all deficit indicators, says A. Vasudevan.
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ECONOMY
Testimony or convention speech?
YES, I am aware that the US President, Mr George Bush, as the Republican Nominee, will deliver his convention speech in August. But reading the testimony of the Federal Reserve chairman, Mr Alan Greenspan, one might be ...
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ACCOUNTANCY
Enrichment for excellence
THE recipe for gathering big numbers at Institute conferences is no longer a secret. Dole out a big number as `credit' for continuing professional education and have all the other standard ingredients, such as big names ...
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Democratise the boardrooms
S. Murlidharan makes a case for proportional representation on the board
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CPAs join lawyers and doctors as defaulters
AMONG the list of people who did not file tax returns for 2002 are 865 millionaires, 6,756 lawyers, 1,458 CPAs and 20,473 medical professionals, according to California's taxmen. Citing The Wall Street Journal, ...
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LETTERS
Cause for concern
Helpful suggestions
Good governance
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