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FINANCIAL EXPRESS FRONT PAGE

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Tuesday, May 11, 1999

The dual-role dilemma
The RBI governor Bimal Jalan displayed disarming and healthy candour when he expressed doubts in a recent press interview about whether the Bank Rate could be the prime signal for moving interest rates across all tenures.

MBOs -- Opportunities aplenty for corporates
One difficulty that a typical company seeking to carry out an MBO faces is that it gets poor response initially. This is particularly true when there has been a record of profits or other clear cut advantages.

One year with nuclear shakti
In 1945, when Dr Claus Fuchs, the son of a British priest, passed over the secrets of the atom bomb to the Soviet Union, his motive was not money, not even ideology, but simply the urge to balance American power.



  Beyond Pokharan II
  Will there be compensation?



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