ACC's preferential plan raises ticklish issues
Associated Cement Companies proposal to issue right shares at a premium of Rs 45 per share to shareholders and preferential issue of 90 lakhs naked warrant/equity share at a premium at about Rs 100 per share is a subject matter of controversey.

Budget gone awry
The reported surge in small savings was only to be expected. Individual investors have become risk averse. They have been shying away from the capital market.

Handling sugar
The government appears to be dragging its feet on the issue of increasing import duties on sugar. The argument in favour of not increasing levies is that low prices of imports helps to keep a tab on domestic sugar prices.

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