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May 10, 2001
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TOP HEADLINES
Nedungadi Bank chief sacked on RBI advice
Plan formulated for industrial revival: Sinha
US divided over lifting of sanctions on India
Govt, MSEB refute DPC allegations
Government mulls more powers for RBI
'49% FDI in banks includes FII investments'
All 6 bidders for VSNL shortlisted
Infosys sees no quick revival in US demand
- - More

CORPORATE HEADLINES
Ipca Laboratories FY-01 net down by 21.63%
Johnson Controls-Hughes in partnership
M&M prodn workers to not work on May 11, 12
NIIT & Microsoft forge strategic alliance
Arvind Mills to call EGM on restructuring
LIC sells 2.3 mn Tata SSL shares to Tisco
Nirma FY-01 results on May 18, 2001
Balaji drops Nine Network merger plan
- - More


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COLUMN
Nedungadi Bank and the saga of RBI inaction
'The RBI made a decisive effort to free Nedungadi Bank from the grip of Rajendra Banthia who controls nearly 40% of its equity by telling him to step down from the board,' says Sucheta Dalal.

MARKET REPORT
Market@May 10: Day's report
Software stocks dip sharply due to huge selling in the last half hour. Satyam down 4 per cent. Banking stocks remain in great demand. SBI up by more than 6 per cent.

FUND NEWS
It's a sick family of MIPs at UTI
Only a year away from redemption, UTI Monthly Income Plans are now below par. While UTI is confident that it will honour its promised returns, only efforts on a war footing can resurrect the beleaguered schemes.

DAILY TECHNICALS
Trading strategy for May 11, 2001
Sensex, Zee, Grasim, Tata Power, Sterlite Opticals... Check out what you can do on Friday.

INTERVIEW
'We were getting no help from our partner'
Maulik Jasubhai, CEO, Jasubhai Digital Media, on why the company decided to stop publishing CHIP.

STOCK TALK
'Buy an index fund'
'An index fund will rise or fall with the index. At this point it makes sense,' says Ramesh S Damani.

SPECIAL
The Berkshire weekend: An American tradition
Superstar billionaires Warren Buffett and Charlie Munger enlighten and regale shareholders every year at the annual meeting, says Hari Sreenivasan.

K V Kamath: taking ICICI to dizzying heights
ICICI CEO K V Kamath's term has been extended by another 5 years. NetScribes analyses his stellar leadership and the challenges that lie ahead.

REPORT
And, now, 'yellow pages' on returning IT whiz-kids
Assocham and Nasmeit have built a directory of IT professionals who are returning to India and are in desperate need of employment.

COLUMN
Wonderful entertainer. Lousy businessman
'While Zee, KP and SEBI battle it out, who takes a blow again on his solar plexus? Our favourite superstar, of course!' Mahesh Nair on Amitabh's business adventures.

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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