The Hindu Business Line : Thursday, September 22, 2005

The nuclear doctrine — For ensuring global strategic stability
A stable multipolar world order is feasible only when there is a strategic balance of power within the Asia-Pacific region. Especially in the context of the bogey raised in the West, of India and Pakistan being in a nuclear race, New Delhi has to contribute pro-actively to building a stable strategic balance, says G. Parthasarathy. More

EDITORIAL

NBFCs on the move
THE DECISION OF the Shriram Group to access private equity capital from overseas, coming as it does on top of the earlier decision of Cholamandalam Investment and Finance — the Non-Banking Financial Company of the Murugappa Group — ... More

COURTS/LEGAL ISSUES

Halt to a lawyer's lucre
"Kill or cure, hell or heaven, win or lose, the doctor, the priest and the lawyer are sure to get their unquestioned fee." HOW true is this time-tested remark! Lawsuits in the US are in abundance and of an amazing variety. A home owner ... More

ACCOUNTANCY

The impairment pair
Mohan R. Lavi discusses US' Standard on the impairment of long-lived assets More

Over-regulation can drive companies out of the public markets
LATELY, more frightening than the market noise has been the regulatory sabre-rattling. Thus, one day we heard party spokespersons putting a spoke in the Sensex wheel, by talking of the strange smell of scam even as the Finance Minister hurriedly ... More

There are local variations to fraud
Can accounting standards and international best practices minimise malpractices, asks K. Srinivasan More

ROI has many a shortcoming
TO MANAGE quality in a `total' way, you need a new model, says John S. Oakland in the latest edition of TQM: Text with Cases, from Elsevier (http://books.elsevier.com). The core of the model will always be performance in the ... More

Forebodings on board
THE proposal of the Petroleum Minister, Mr Mani Shakar Iyer, to appoint politicians as independent directors on the boards of public sector oil units would take away in one stroke whatever corporate governance these units had hitherto achieved. ... More

SUGAR

A bitter-sweet season ahead
While the fall in sugar production in 2003-04 and 2004-05 has led to a stabilisation in prices, it has aggravated the industry's infirmities. However, as the new season starts, the Centre's Rs 525-crore special restructuring package could alleviate t he debt burden of the sugar mills. More

LETTERS

Sensex highs

Cooperating for a cause

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