THE HINDU BUSINESS LINE
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from THE HINDU group of publications

Monday, July 03, 2000

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Features

Accountancy
Business environment and IT
CIMA provides answers to its May 2000 (Stage 1) paper on ``business environment and information technology''

A test on drafting
S. Prasanna Venkatesh examines the June 2000 CS (Final) paper on CLP-I

Book Review
The skill of managing
AMONG scholars of sociology and organisation science there is major conflict between economic and behavioural perspectives on business policy. Breathtakingly accelerating business competition currently compels business practitioners to be economics-drive n in their organisation design and policy formulation and practice, with a hire and fire approach to employees and managers, shifting more and more away from traditional humanistically-inclined behavioural approach.

A corporate coup
EVERY age throws up its own heresies -- which, all things considered, is just as well. These heresies, inevitably enough, tend to be the mirror image of the prevailing canons contrived by the ruling elite.

Metropolitan City Governance in India
THE book begins with an introduction that sets out the main theories and views on local government, including the democracy versus efficiency debate. It also studies the concept of `new localism' in the context of liberalisation, globalisation and privat isation. This is followed by a study of institutional designs in America and Britain in relation to India, after which each of the four metropolises are profiled separately. The nature and degree of their urbanisation and the structure and functioning of their municipal corporations are compared. The role of the mayor/commissioner, state-local relations and interactions with other unifunctional agencies, development authorities and non-governmental organisations are also discussed.

Excise and customs law
The new set of Cenvat rules
THE Finance Bill, 2000 has, effective from April 1, 2000, replaced Modvat with Cenvat (Central Value Added Tax).


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