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June 11, 2001
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TOP HEADLINES
DPC seeks HC's intervention on MERC
DPC hearing against MERC on June 12
New drug policy expected by mid-July
CCIL to begin operations by August 2001
L&T to reinvent itself with cement demerger
Govt confident of double digit export growth
Infosys among Merrill's 23 global picks
Danone in talks for Indian water firm
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CORPORATE HEADLINES
ICICI Bank OKs hike in foreign holding to 49%
Cummins India FY-01 PAT up by 16.74%
BPL clarifies on news article
Gulf Oil FY-01 net down by 90.23%
Infosys allocates shares under ESOS
Pentamedia Graphics clarifies on news item
BSE revises special margin on 47 scrips
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COLUMN
Sure, I love my India, but is Mera Bharat Mahaan?
'Tragically, the division between Bharat and India has been growing alarmingly since the liberalisation process began a decade ago,' says Sucheta Dalal.

MARKET REPORT
Sensex sheds earlier gains
New economy stocks sink deeper into the red. Infosys, Satyam and NIIT remain subdued. Selling continues in RPL, Bhel, BSES and Telco.

DAILY TECHNICALS
Trading strategy for June 12, 2001
Sensex, Satyam, Infosys, Digital, Cipla... Check out what you can do on Tuesday.

INTERVIEW
'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.

US REPORT
Sindhu's Juniper Networks lowers estimates, cuts staff
Juniper said it expects revenue for the second quarter of 2001 to be approximately $200-$210 million, down from the original estimate of $300-$330 million.

FEATURE
An Esteem in need of some glory
Buyers, dealers and industry observers say this car is in desperate need of a total upgrade if Maruti wants to maintain any serious presence in the lucrative lower mid-size market.

US FEATURE
Oscar for entrepreneurship
Sudhir Borgonha's Angstrom Medica has topped MIT's twelfth annual Entrepreneurship Competition.

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.

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.

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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