TOP HEADLINES
• DPC files writ against MERC order
• DPC lenders to continue talks on Thursday
• Maharashtra wants Centre to solve DPC issue
• India concerned over crude price hike
• Indian steel firms unfazed by US threat
• Govt to give 4th cell licences by Aug-end
• RBI panel for formation of primary regulator
• Bank of India to lower govt stake to 51%
- - More

CORPORATE HEADLINES
• ICI India FY-01 net profit up by 7.74%
• Indian Hotels Director resigns
• BPCL Q4 net up by 3.55%
• Bank of India FY-01 net up by 45.74%
• Madras Cements FY-01 net profit up by 20.33%
• Tata Infotech FY-01 net up by 117.54%
• IFCI to mobilise funds through pvt placement
- - More

MARKET REPORT
Sensex loses further ground
Software stocks lose ground later in the day on profit booking at higher levels. Pivotals display mixed trends. Selling witnessed in Tisco and Tata Steel.

STOCK TALK
'Hold serious investments till July 2'
'The market may have serious withdrawal symptoms. This will be a drawn-out bear
market,' says Ramesh Shrichand Damani.

DAILY TECHNICALS
Trading strategy for June 7, 2001
Sensex, Global, Sterlite Optical, DSQ Software, Tata Power... Check out what you can do on Thursday.

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.

FUND NEWS
It's Hobson's choice for UTI
The pricing policy for US-64, as it approaches deadline for going NAV-based, will be crucial for its survival.

FUND FILE
Unit Scheme-1964
With the declining dividend and the reality of a NAV-based pricing lower than its current repurchase price, US-64 ceases to be a 'safe and risk-free' investment.

JM G-Sec Regular Fund
JM G-Sec Regular Fund may have yielded exceptional returns with 17.75 per cent return since launch but this return is for a brief period and based on a very aggressive portfolio.

COLUMN
Is world opinion more important than public interest?
'Our message to the international community is that India is no banana republic and that it can stand up for its people and its rights,' says Sucheta Dalal.

REPORT
American Business Club: a new face, a new mission
The club aims to boost Indo-US partnerships, bilateral trade, and interest about Indian firms and markets in the US.

FUND NEWS
Single investor funds can destabilise unitholders
Some funds have very large single ticket investors who can destabilise the fund if they exit. We bring you a list of funds thriving on single ticket investors.

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.

MARKET IMPACT
'MSCI downgrade won't affect market much'
VSNL: Status quo and waiting to go

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