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Thursday, September 03, 2009
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WEB EXTRAS

ACCOUNTANCY: Disproportionate voting rights
The Securities and Exchange Board of India (SEBI) has abolished equity shares with differential voting rights, perhaps taking a cue from the Companies Bill 2008. That there have been a few takers for the dispensation that appears patently ...

TAXATION: India initiates thin capitalisation
Thin capitalisation refers to a situation where an entity is highly geared, that is, has high proportion of debt as compared to equity. Certain jurisdictions treat the excessive debt as equity and disallow tax deductibility of the ...

EXPORTS & IMPORTS: Cash-flow problems for seafood exporters
Kochi, Sept. 2 Indian seafood exporters are running into trouble over the huge amounts outstanding as enhanced custom bonds paid to the US Customs and Border Protection over and above the anti-dumping duties paid for shrimp exports into ...

OUTLOOK: Bay `low' deferred by a day but rain forecast stays
The monsoon has been active in Konkan, Goa, Vidarbha, coastal Karnataka and Kerala during the past 24 hours even as India Met Department (IMD) deferred the watch for a fresh low-pressure area in the Bay of Bengal by a ...

EXPORTS & IMPORTS: Agri imports may be a costly affair
Mumbai, Sept. 2 The Government plans to meet the short fall in kharif crop through imports may turn out to be a costly affair with prices of agriculture commodity ...

ACCOUNTANCY: Off-balance-sheet items
Some analysts have compared the balance-sheets of a few companies to the Tower of Pisa — leaning towards the south-west (liabilities) side. While the liabilities side of a balance-sheet records liabilities towards which entities have ...

HOME APPLIANCES: Godrej hopes to sell 30% more appliances this year
Kolkata, Sept. 2 Backed by a growth in demand for refrigerators, washing machines and air-conditioners, the appliance division of Godrej & Boyce Manufacturing Company Ltd hopes to achieve a 30 per cent jump in sales this year on a ...

ENVIRONMENT: Solkar, Exnora to provide million solar lamps for the poor
Chennai, Sept 2 Solkar Solar Industry Ltd and Exnora International will jointly launch a programme to enable donation of one million solar powered lamps countrywide to ...

COMMODITY MARKETS: Pepper futures stays steady
Kochi, Sept. 2 The pepper futures market on Wednesday was steady with the first two contracts closing marginally down on limited activities.The spot market here remained closed on account of the ...





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Markets (Sept 2)
Nifty (at close)4,608.35(-17)
US Dollar (Buy/Sell)48.96/97
Brent crude (a bbl) Rs3,361
Gold (a gram) Rs1,418
Silver (a kg) Rs25,630


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Looking back
Aug. 23-Aug. 29
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