The Financial Express -- Expressions

This page contains Editorial and Op-Ed articles

Wednesday, July 16 1997

Letters to the Editor

Derivatives: reallocating risks

Some of the oft-asked questions on the capital market these days are on derivatives. Strangers to the hitherto protected Indian market, these instruments have become popular options worldwide.

A new look at ITC board

Those trouble-makers in ITC are in deep trouble themselves, finally. The fight for management control in the board room that began in 1992 now threatens to finish all the company's board members between 1991 and 1994 along with their accomplices outside. In this regard, the chargesheets were issued last week by the Enforcement Directorate to some 20 former and existing ITC directors.

HPCL is ahead of BPCL on funding options

Ceat Financial Services, in a recent research report, has come up with an interesting comparison of two public sector oil majors, Hindustan Petroleum and Bharat Petroleum. BPCL is lagging behind HPCL in fund raising plans, with less internal accruals projected.

Bad money after good

Burdening the judiciary