Financial Daily from THE HINDU group of publications
Thursday, May 11, 2006
Markets (May 10)
BSE Sensex12612.38(+98.52)
S&P CNX Nifty3754.24 (+33.70)
US Dollar (Buy/Sell)44.96 (-0.03)

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ACCOUNT SPEAK


Insurance route to eliminate the perverse incentives of gatekeepers
When space vehicles and sportspersons can have insurance cover, why not financial statements? Aren't auditors the best insurance for financial statements, you may protest? No, say Alex Dontoh, Joshua Ronen and Bharat Sarath, in a research paper ... More

IMPRESSIONS


Conquest of time
There is no such thing as lack of time. It is only lack of will. Nobody has more time than anybody else. Time is a democratic and egalitarian resource. Everyone has only 168 hours per week. Irrespective of how ... More

BOOKS OF ACCOUNT


For whom the bell tolls
Responding to demographic shifts is among the biggest challenges of the present century. Timely, therefore, is a new publication from the Institute of Chartered Accountants of India (www.icai.org), Pension Plans. It covers `key ... More

EAR TO THE GROUND


BF Utilities high on realty play
BF Utilities, the wind energy subsidiary of the Kalyani group of companies, has gone up by Rs 1,500 a share (more than doubled its prices) over the last one-month period. Dealers said the Pune-based company would benefit immensely through its ... More

IFCI gains on turnaround story
IFCI attracted significant buying on the company's turnaround story. Its shares shot up by over 9 per cent on Wednesday to Rs 14.07, up from the previous close of 12.90. Dealers said the company was able to bring down its net NPAs to nine per ... More

Timex Watches up on growth plans
Timex Watches also hit the permitted 5 per cent upper circuit on Wednesday at Rs 40.65 on buying by investors expecting substantial rise in revenues on the company's plans to open 100 new retail stores this year, dealers said. The company, which ... More

SENSOR


Uptrend in Sensex continues as banking, oil stocks shine
In a relentless rally, the markets continued to march upwards. Despite concerns about valuations, the bullish trend appears to have strengthened. The expected steep correction is just not happening. The Sensex has been on an uptrend continuously ... More
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