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November 12, 2002
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COLUMN
ECIL: A public sector success story
ECIL was able to achieve a turnaround in three years which is nothing short of spectacular, says Paranjoy Guha Thakurta.

TOP HEADLINES
Banks can set offshore units in SEZ: RBI
Cabinet decides to repeal IDBI Act
FM to appear before JPC on Wednesday
Coke India forays into readymade tea, coffee
India, US to cooperate in technology, trade
IDBI approves DPC power at Rs 2.80/unit
SBI takes over hotel under NPA ordinance
Bangalore decks up for Bill Gates
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I Credit Policy: Complete Coverage

CORPORATE HEADLINES
Ind-Swift denies plans to buy Sigma Lab
MAGFIL board mulls rights issue
Fem Care Pharma lines up new products
HMT Q2 loss at Rs 200 million
Bluestar Info gets CMM Level 5 accreditation
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MARKET REPORT
Sensex snaps 4-day fall; gains 13 points
Bargain hunting in new and old economy stocks. Satyam up 2%, Wipro up 3%, Nalco up 6%.

STOCK TALK
'Divestment program is over'
'Market needs new FII money to go up. But China has opened up to FIIs, which will drag money from India,' says Ramesh Shrichand Damani.

DAILY TECHNICALS
Trading strategy for November 13, 2002
Sensex, ACC, E Merck, Indian Hotels, NIIT... Check out what you can do on Wednesday.

COLUMN
So how credible is the Web?
Even cautious persons tend to believe everything they pick up on the Internet. Why? Does the Net enjoy more trustworthiness than it deserves, asks Sucheta Dalal.

COMMENT: KELKAR REPORT
16% excise is a regressive policy
If the rich pay higher consumption taxes, the burden on the poor will be less, says Sukumar Mukhopadhyay.

PROFILE
Microsoft's Mr Technology
Anoop Gupta is one of the eight key people who interact with Gates ever since he took over the role of the chief software architect at Microsoft, writes Bhupesh Bhandari

SPECIAL
Should CAG visits be stopped?
This little-noticed proposal by the Kelkar panel has industry exultant and the government concerned, says Subhomoy Bhattacharjee.

PERSONAL FINANCE
Insurance with frills
ICICI Pru's LifeTime policy is a combination of a insurance policy and a mutual fund, writes Smita Tripathi.

Gender issues
A N Shanbhag looks at the tax breaks and investment opportunities for women.

INTERVIEW
'Gross national contentment is my aim'
Govt must endeavour to improve the tax-GDP ratio, continue to work extra time for fiscal consolidation and revive growth, says Jaswant Singh, Union Finance Minister.

'No one will invest just because rates are low'
More than the economy, it is the lack of investment demand that is of immediate concern, says Bimal Jalan, Governor, Reserve Bank of India.

READERS' RESPONSE
'Just cutting rates will do no good'
'Have lower interest rates led to any increased credit off-take or greater industrial activity?'
YOUR VIEW: Should interest rates drop?

PRESS RELEASES
'Making a killing: The business of war'
Infy plans disaster recovery unit in Mauritius
Feroz Khan gets teacher's award
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