COLUMNS
ACCOUNT SPEAK
What price truth if it does not hiss?
CLAUSE 56 of the Finance (No. 2) Bill, 2004 has been robbing accountants of sleep for the last about a month. It introduces a new Section 277A, to be plugged into tax law with effect from October 1, 2004, that is, a day ...
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IMPRESSIONS
Time's up
RAMESH Sawant is employed in the Mumbai Mint. Day in and day out, he is to peer closely for hours together at those freshly minted coins that pass by him and pick out those which are deformed, defaced or distorted. ...
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BOOKS OF ACCOUNT
To win is to put rules back into the game
WITH a great game coming up soon in Athens, here is Dick Pound with his book, Inside the Olympics, from Wiley (www.wiley.com). It promises `a behind-the-scenes look at the polities, the scandals, ...
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GLOBE TROT
Add to your anti-fraud armour
FRAUD is a demon that never dies. So, here is one more anti-fraud guide, this time from Ernst & Young. "Fear of fraud should force every board director to take responsibility for their companies' defences and ensure ..
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INDIA UNINC
Rather than reservation in private sector
Make them entrepreneurs instead
The Government's focus should be on making entrepreneurs out of large segments of civil society, especially those belonging to Scheduled Castes/Tribes or Other Backward Classes, rather than providing limited job opportunities in listed companies. Th is will go along way in enhancing the economic and social status of these segments, says R. Vaidyanathan.
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EAR TO THE GROUND
Patni Computers gains on funds buying
INSTITUTIONAL investors are buying Patni Computers shares over the last few days. Dealers said the interest in the counter is on the back of good financial performance by the company in June quarter. Talk is that several institutional ...
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ON THE HEDGE
Tata Motors: Outlook negative, sell August futures
THE following strategies are based on Wednesday's trading in the spot and derivatives segment on the NSE: Tata Motors: The stock closed at Rs 422 in the spot market. The outlook appears negative. The downside price target is Rs 408. If ...
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SENSOR
Pharma, mid-cap stocks shine
AFTER moving in a relatively narrow range, the key indices made a decisive move on Wednesday. The S&P CNX Nifty as well as the BSE Sensex registered a sharp decline at the end of the day's trading. Both the indices recorded their highest drop in
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