Column : The power of 11

The Confederation of Indian Industry has proposed that the losses arising from changes in the value of foreign currency assets…

Beyond promoter power

The board of directors is elected by a company?s shareholders. In case of listed companies in India, the law stipulates…

Column : Truth after Satyam

B Ramalinga Raju, Chairman, Satyam Computer Services informed all of us that his company?s cash and bank balances were overstated…

Ides of March have changed

I have explained elsewhere that Indian companies were financially strong to face the Global Liquidity Crisis that erupted in late…

Banks, have no fear

Mahesh Vyas, head of CMIE, looks at Indian manufacturing data and concludes that corporate financials are in good shape. Debt-equity…

Column : Reliability questions

A fairly common and enduring belief of modern commerce has been that the published financial statements of companies are manipulated.…

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