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July 2, 2001
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TOP HEADLINES
Tata Tea GM lynched by workers in Assam
UTI suspends US-64 for 6 months
Need to cut fiscal deficit for 9% growth: Sinha
MERC directive to MSEB on DPC papers
Rupee slumps to record low of 47.15/$
Sweeping changes in labour laws mooted
ACC traded at Re 1, BSE broker loses Rs 1 bn
FIIs, MFs operated in contrast during Q1
Economic crisis drove India off socialist road
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CORPORATE HEADLINES
Asian Hotels net down by 33.99 per cent
Digital India-Toshiba Machine in pact
Bajaj Auto Q1 results on July 28
Sterlite Optical denies news article
G E Shipping clarifies on news report
SSI clarifies on news item
BSE revises special margins on 44 scrips
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MARKET REPORT
Sensex loses 31 points amid sharp drop in volumes
While scrips that entered the rolling settlement mode display mixed trends, speculative buying interest is seen on select counters which have not been included in the list.

DAILY TECHNICALS
Trading strategy for July 3, 2001
Sensex, Digital, Balaji, Mukta Arts, Dr Reddy... Check out what you can do on Tuesday.

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

REPORT
Goa's tourism master plan moots new concepts
The plan envisages investment of Rs 60 billion over two decades, with thrust on infrastructure development, introduction of new concepts and diversion from beach tourism.

COLUMN
Scam of 2001: Fodder for Ripley's Believe It or Not
'Every day brings a bizarre new development, which makes you wonder if the investigation is a big joke being played on the Indian people, literally at their expense,' says Sucheta Dalal.

FEATURE
India's middle class tantalises goods makers
The middle class has grown tremendously since India began to open its markets to foreign goods, offering great potential to firms selling food, personal healthcare products and low-price consumer goods.

INTERVIEW
'Anyone who can kill the market by selling 100 shares of Wipro must be God'
"This is not a case against us. It is a witch-hunt against an organisation that has been globally recognised as one of the best in terms of prevalent practices," Shankar Sharma, director, First Global, tells Pritish Nandy.

'Investment banking set for big growth in India'
"I am very optimistic about investment banking in India. But, like everything else in India, we will take two steps forward, slow down, take a step backwards and then move again," says Udayan Bose, managing director, Lazard.

STOCK TALK
'Market may rally to 4250-4500 after July 2'
'The fear of July 2 is overwhelming. I am not bullish on the introduction of rolling settlement,' says Ramesh Shrichand Damani.

SPECIALS
Building bridges via trade
'Kashmir or no Kashmir, business binds people together,' feel Indian and Pakistani traders.

Concrete set to replace salt
The govt has freed Bombay's salt pans for housing purposes. Will this help rehabilitate squatters or is it just a move to help the builders' lobby?
Click here for Slide Show

The Wintech story gets murkier
The Wintech Computers boss is on the lam leaving students, vendors and employees in the lurch, even as cops probe his nexus with the underworld.

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


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