TOP HEADLINES
• MSEB not to pay Rs 1.40 bn May bill
• HC tells DPC, MSEB to settle dispute amicably
• Suspended Air-India MD moves court
• Telco haemorrhaging money making cars
• Industrial output growth weakens in April
• Olga gets bail in 1 case but likely to be in jail
• Punjab National Bank plans Rs 3.2-bn IPO
• WR Hambrecht ups Infosys ADR target to $80
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CORPORATE HEADLINES
• Jaiprakash Ind FY-01 net up by 143.29%
• Bombay Dyeing board to consider buyback
• JL Morison FY-01 net up by 34.29%
• Bharat Bijlee Q4 net profit at Rs 46.20 million
• Britannia board to consider buyback
• Syngenta posts Rs 107 mn net profit for FY-01
• Mastek clarifies on news item
- - More

MARKET REPORT
Market recovers from lower levels
Pivotals lose ground on profit booking. Tech stocks settle in the red but recover from their lower levels. Media stocks were in demand.

DAILY TECHNICALS
Trading strategy for June 13, 2001
Sensex, SSI, Reliance, Gujarat Ambuja, PSI Data... Check out what you can do on Wednesday.

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.

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