Online edition of India's National Newspaper
Monday, December 20, 2004
Online edition of India's National Newspaper Monday, December 20, 2004 |
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FINANCIAL SCENE
The non-banking sector from a regulatory prismThere is confusion in classifying non-banking finance companies. As it happens, the residuary non-banking companies that are very different from other NBFCs have been the fastest in growth but the least regulated, says C. R. L. Narasimhan. Drug majors fail in core business Three major drug companies — Pfizer, AstraZeneca and Eli Lilly — all disclosed serious problems with important medicines last Friday, throwing a spotlight on the fact that the $500 billion drug industry is failing in its core business ... Steel producers bet on new market dynamics `For the next 10 years, steel prices are going to be higher than the ones obtained in the last 10 years.' Shortfalls in fiscal performance Hasty and inadequate project preparation, poor project implementation and lack of sustained funding have led to cost and time overruns in schemes and projects. WEEK IN FINANCIAL MARKETS Sensex at record levels STRONG economic outlook, expectations of good third quarter results from corporates and unabated and aggressive buying by foreign institutional investors took the Sensex (the benchmark index of the Bombay Stock Exchange) to a historic intra-day ... NETSPEAK Google Suggest: a keyword refinement tool This week NetSpeak features a couple of services created for helping us refine our search queries to get more focused results from search services. A major deficiency of current search engines is that many irrelevant sites creep into their ... TAX FORUM Senior citizens savings scheme: more clarifications QUESTION: During 1960, I have started a business with my brother. For income tax, our auditor declared the income as that of a Hindu Undivided Family (HUF). After that, my brother had a male child during 1968. Then our auditor included him ... Read Today's supplements: | Life | Metro Plus | Business | Education Plus | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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