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LIC in sound position
The corporation's performance continues to be on a par with international standards. It is working at a low cost, has good underwriting standards and its liabilities are backed by good quality assets, says retired Chief Actuary of LIC, R. Ramakris hnan.
Tax sop brings cheer to ITES sector
BANGALORE, JUNE 29. Recent policy decisions in New Delhi have made professionals in IT and IT-enabled services (ITES) in Bangalore more upbeat. These sectors account for a major proportion of the City's younger workforce, coming under ...
Banking on tax credit: Bonanza for banks?
The effect of unreal profits arising out of deferred tax asset ought to be neutralised. Otherwise, one will see some troubled banks in India, like their counterparts in Japan.
WEEK IN FINANCIAL MARKETS
Buying spree on bourses
AFTER A small healthy correction, in the first two trading sessions, the stock markets witnessed sustained broadbased buying during the rest of last week. Bull operators entered the market afresh and there was a buying spree particularly on ...
The new concept of producer companies
TILL RECENTLY, the Companies Act, 1956 (the Act), recognised only three types of companies, namely, companies limited by shares (sub-divided into public limited and private limited companies), companies limited by guarantees and unlimited ...



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