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Saturday, June 27, 1998

Grab the bull by its horns
The bombs, the budget, the FII outflows and the payment crises on the bourses have put paid to many an investor's financial planning for the year. The stock market has lost around a fourth of its value in the short span of a couple of months. While individual investors still wonder what it is exactly that is responsible for the decline and how far down the market is yet to go, traders and speculators have already been left nursing large losses.

Australian for Advertising
If an ad man took over a state, how would he govern it? Let's take a case in point: Jeff Kennett used to run an ad agency. But now he runs Victoria, one of Australia's five states. Do his roots show? And how. Premier Kennett recently left locals "crying in their beer" when he printed 40,000 beer mats at tax payers expense to advertise his website.

Litter more, pay more: says BMC
Waste would be a double burden for the Mumbai's five-star hotels and private hospitals. The Brihanmumbai Municipal Corporation (BMC) has announced that producers of large scale garbage will have to pay more for transporting their waste to the dumping grounds. Chairman of the solid waste management (SWM) department Subhash Kanta Sawant yesterday announced that the BMC would increase refuse charge for private hospitals, five-start hotels and beer bars.


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