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August 4, 2001
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TOP HEADLINES
UAE NRIs seek US-64 redemption at May level
Government to amend law on foreign funds
Intel to continue investing in India big way
India heading towards normal monsoon
SBI cuts short-term lending rates by 0.5%
West Bengal set to sign deal with Microsoft
Forex reserves swell to $43.682 billion
Indian American firm blazes a trail
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CORPORATE HEADLINES
IFCI Director Rajesh Shah resigns
Dealings in Eltrol to resume from August 6
IDBI announces change in management
Dr Reddy's launches fluoxetine in US market
BSE imposes AVM on 14 scrips
Alkyl Fin-Diamines&Chemicals merger passed
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REPORT
'Turning the Titanic', the Tisco way
Tata Steel's vision statement has seen it scale new heights. A US-based consultancy has put Tata Steel at the top among 12 world-class steelmakers.

MARKET REPORT
Buying by funds lifts Sensex by 27 points
Sentiment improves on Dalal Street as political uncertainties ease. Buying in both old and new economy counters. Satyam up 9%. Zee loses ground on selling pressure.

COLUMNS
In search of Mogambo
Former UTI chairman Subramanyam may have made some wrong choices. Every fund manager does. But, by targeting him, we are allowing those who are actually guilty to escape,
says Pritish Nandy.

Agitating brokers refuse to learn from the past
'Brokers need to draw their lessons from the capital market and accept the new realities or pay a heavy price,' says Sucheta Dalal.

DAILY TECHNICALS
Trading strategy for August 6, 2001
Sensex, Satyam, Reliance, BSES, Hindalco... Check out what you can do on Monday.

INTERVIEWS
'Vajpayee should deal with issues practically, not emotionally'
'It was an allegation; it should have been investigated and the prime minister should have proved me wrong,' says Shiv Sena MP Sanjay Nirupam, whose comments about the UTI scam on Monday almost led to Vajpayee's resignation.

'These are not crown jewels, these are bleeding ulcers'
'We must tell the people about the public sector's condition. People are confused because nobody is doing it. People think that family silver is being sold when we talk about divestment,' says Union Minister of State for Divestment Arun Shourie.
'Everything in India has become dysfunctional'

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.

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

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

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