The millennium does not bode well for shareholders
The Supreme Court in disposing of the petition filed by HV Jayaram against ICICI (2000-23.SCL.64) has held that the shareholders' complaints should be filed at the place where the registered office of the companies is situate.

Eliminating revenue deficit and black income
By some accounts, there exists enough `black income' in this country, that even if the Government managed to tax 10% of such incomes, its deficit would disappear overnight.

Time for logistics service providers
If a function cannot command a certain basic level of prominence, or performance, it has no business to be a part of that entity. In an era of specialisation, such functions are better off being elsewhere.

Real estate MFs can tap small savings
Innovation and mergers are the two main driving forces of business today. But mergers need to span across industries as well. Take real estate - an industry which after a spell of four years has settled at realistic levels

On the rise
The December figures for export growth are encouraging as the abnormally high growth rates in October and November were in part due to a lower base in the previous years' corresponding months.

Banking on FDI
The buzzword is foreign direct investment (FDI). The Government has decided to widen the gates of automatic FDI clearance. All investment not on the negative list -- which is to be pruned by a high-powered group of ministers -- will only have to get the Reserve Bank's clearance.