Business Daily from THE HINDU group of publications
Thursday, September 21, 2006
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OPINION

EDITORIAL
Fund of politics
IMF-Bank charter was sought to be expanded to allow rich countries influence the fortunes of developing nations. More

ACCOUNTANCY
Directors in tricky spots
Apt read, even as the HP case simmers on, is Directors' Dilemmas by Patrick Dunne, from Kogan Page (www.vivagroupindia.com). "A fascinating insight into the corporate world where people, power and money can make for a dangerous ... More

Mergers of convenience
The practice of putting through private deals in which a third party practically cannot participate should be put an end to forthwith. More

Independent unattached directors
Rolling stones that will gather moss?

If SEBI and the stock exchanges expect the independent director to be their man in the company, vigilant of all infractions of, or deviations from, the law, it is unrealistic. More

Accounting problems can grow unnoticed like mozo bamboo plant
It may be tough to believe, but `money is in accounting', as one learns from a recent posting on http://accounting.smartpros.com, sourced from The Topeka Capital-Journal. The report says that major accounting firms in the US "are ... More

EDUCATION
Life at the gate of B-school
It is a hot, sweaty Saturday morning and I'm standing at the gate of my institute, waiting for an important alumnus to arrive for a meeting. The alumnus had said he'd be arriving in ten minutes. That was an hour ... More

GOLD & SILVER
Gold: Why is India's influence not worth its weight?
With India consuming almost a fourth of the world's gold production, it is surprising that it plays but a marginal role in influencing policies pertaining to the precious metal's pricing, output or quality. It is time the country leveraged its positi on as a major buyer to work for a better deal for the Indian consumer, says R. VAIDYANATHAN. More

INTERVIEW
`SEZ should prove a good mechanism'
`Despite all the controversy it has raised, the Special Economic Zone should ensure high growth and remove regional imbalances. If there is misuse, it is our responsibility to see this is corrected... ' — MR S. N. MENON, CO MMERCE SECRETARY More

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