The Financial Express -- Expressions

This page contains Editorial and Op-Ed articles

Thursday, May 29 1997

Letters to the Editor

MNCs get their pound of flesh

For the last two years MNC stocks have been hailed as one-decision stocks --- you buy them and forget them. The far from being the shining stars the MNC stocks will be the laggards of the market in the years to come. Before we look at why things are to be so let us look at the past history of MNC stocks.

Companies Bill: some obvious holes

The high powered working group on the redrafting of the Companies Act started its journey with laudable objectives. It had in great detail discussed its objective, its plans along with three fundamental basic recommendations in its report.

Want to book a flat now? Don't. You could be kissing your money goodbye

Now that real estate prices in places like Mumbai are getting down to earth, it may be the right time to buy a flat. The bad news: those who already have put in money to book flats earlier have no way out of their expensive involvements. Reason: many investors who did likewise at exorbitant prices at the height of the boom are refusing to pay up now. Builders are, therefore, doing their own version of the go-slow and not handing over property.

CMC keeps first tryst with investor trust

Deferred tax: priority one for better disclosure