The Hindu Business Line : Friday, October 07, 2005

BIMSTEC high on energy
ON THE FACE of it, good work is being done on the BIMSTEC front (comprising Bangladesh, India, Myanmar, Sri Lanka, Thailand, Nepal and Bhutan) if the schedule of events prepared some time back and its phased implementation are any indication. ... More

CORPORATE

Who funds Indian industry, why it matters
In an analysis of the ownership structure of Indian firms, the author finds that promoters have been making hay with India's substantial corporate assets while their own financial contributions amount to less than 2 per cent, on average, of a company 's finances. This divorce of ownership from control is disturbing, says Sumit K. Majumdar, suggesting ways by which the stakeholders can monitor the performance of entrepreneurs and promoters and ensure they generate value. More

In the interest of filling corporate coffers
MARKET interest rates determine the extent to which existing investment opportunity will be utilised. In recent years, there has been a significant decline in the nominal interest rate. The cost of capital has been kept ... More

INTERNET

US occupation of cyber-space continues
The Bush Administration is characteristically intent on retaining - and possibly enhancing - the role of the US in Internet management. And its intentions have been all too clear long before the current face-off. More

ECONOMICS

A brief history of development economics
An economist's answer to the question `how to promote growth' has substantially changed over time. Looking at the evolution of ideas on development and poverty shows that, more often than not, accepted models of development are challenged by new inf ormation on what works and what does not in specific contexts. More

WTO

Exchange rate mechanism — A new talking point at the WTO
ECONOMISTS in the US in the past year or two have been stressing the imperative need for a significant depreciation of the US dollar against the other major currencies of the world. This, it has been repeatedly pointed ... More

HUMAN RESOURCES

IAS forever?
EVERY section of opinion in the country has looked askance at the Indian Administrative Service, the successor to the "heaven-born" Indian Civil Service (which Jawaharlal Nehru once castigated as being neither Indian, nor civil nor service!), ... More

Managing knowledge security
SOME TIME in the 1980s organisations woke up to the fact that employees no longer joined a place to retire from it. With this came the realisation that if employees were not bonded to an organisation for life, the ... More

TRADE & LABOUR UNIONS

Union: A most potent social insurance
THE Service Employees International Union (SEIU) is the largest and fastest growing union in North America, with 1.8 million members, according to www.seiu.org. It is also "the second largest union of public ... More

LETTERS

BPO blues

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