TOP HEADLINES
• Few investors opt for redemption on day one
• Govt to monitor FIs' investments in pvt firms
• UTI chief says no redemption surge
• UTI justifies move on US-64; PILadjourned
• Monsoon to flood world with Indian garments
• EU endorses Indian stand on WTO issues
• IMRglobal-CGI merger may help 700 IT pros
• Moody's says no review of India's rating
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CORPORATE HEADLINES
• LML Q1 net loss higher at Rs 147 million
• Balaji Telefilms Q1 net profit at Rs 49.39 mn
• Hindalco Q1 net down by 8.36%
• Aurobindo Pharma Q1 net down by 47.08%
• Bharat Electronics Q1 net up by 39.89%
• Swaraj Engines Q1 net up by 7.84%
• Trigyn Tech Q1 loss at Rs 22.48 million
- - More

INTERVIEW
'Everything in India has become dysfunctional' 'A fractured legislature and bad administration make swift decisions impossible. We must speed up reforms or we will be bankrupt before we can save ourselves,' says Arun Shourie, Union Minister of State for Divestment.

STOCK TALK
'A sickness prevails in Dalal Street'
'It is as bad as it gets. Unless Delhi has a vision, we are all going to suffer,' says Ramesh Shrichand Damani.

MARKET REPORT
Sensex sheds 45 points on selling in heavyweights
Selling pressure emerges in select old as well as new economy stocks. Satyam down 7%. Infosys down 4%. HLL, GACL, Grasim, L&T, Hindalco, RIL lose.

DAILY TECHNICALS
Trading strategy for August 2, 2001
Sensex, Infosys, Digital, Zee, HLL... Check out what you can do on Thursday.

FEATURE
More money for your honey
How the Internet can help you manage your money better. And even make it last longer.

COLUMNS
KP scam: Bigger than 1992
'If one were to simply add up the amounts mentioned in SEBI's various reports, the size of Parekh's manipulations is far bigger than the Rs 50-odd billion securities scam of 1992,' says Sucheta Dalal.

The heartache overshadowed by a summit

THE UTI MUDDLE
FAQs on the UTI liquidity package
The Unit Trust of India seeks to clarify the doubts that investors have regarding repurchase of US-64 units.
The UTI Crisis: Complete coverage

DERIVATIVES CENTER
Options Trading Strategy Guide
Hiten Jhaveri's guide tells you all that you wanted to know about options and options trading...

SPECIAL REPORT
'How we built Infosys from scratch'
The lessons they learnt along the way are applicable throughout the world, Infosys chairman
N R Narayana Murthy told Wharton School management graduates.

THE BUDGET & GOVT POLICIES
The Rediff Budget Special: Full coverage
Rail Budget 2001-2002: Full coverage
Credit Policy 2001-2002: Full coverage
Exim Policy 2001-2002: Full coverage
Economic Survey 2000-2001: Full coverage