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May 15, 2002
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MARKET REPORT
Sensex sheds 25 points on panic selling
Sentiments remained weak on fears of escalating border tension and arrest of Ketan Parekh.

TOP HEADLINES
LS passes the amended cable TV Bill
US farm subsidy will hurt India: Minister
Govt in new pact with Suzuki over Maruti
ID must for pre-paid cell connection
Sinha denies charges of links with Flex Inds
Ketan Parekh gets PCR till May 22
Ketan Sheth in CBI custody till May 27
FIs, MSEB keen to restart DPC phase-I
- - More

CORPORATE HEADLINES
Federal Bank Q4 net up by 6.52%
Surat Electricity moots bonus issue
Tata Info to integrate Fortune Solutions
ICI India FY-02 results on May 22
Gujarat Ambuja to consider interim dividend
BSE imposes special margin on Emco
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COLUMN
The future looks bleak for Dabhol plant
'Unless the cost of power generated by the DPC is reduced, there is no point in trying to run the plant,' says Sucheta Dalal.

DAILY TECHNICALS
Trading strategy for May 16, 2002
Sensex, Satyam Comp, Global Tele, Sterlite Optical, SBI… Check out what you can do on Thursday.

STOCK TALK
'IT enabled services is showing rapid growth'
'It has great opportunity. I am a strong believer in it. But Nasscom's projection of a $ 20 billion industry by 2008 is too ambitious,' says Ramesh Shrichand Damani.

FEATURE
'Asian firms more likely to pay bribes': Reuters
Companies from Asia were among the most likely to offer or pay bribes to foreign officials, a Bribe Payers' Index compiled by Berlin-based Transparency International says.

INTERVIEW
'Industry, academia must come together'
To churn out quality engineers, from technical and personality points, a finishing school is necessary in India, says S Mahalingam, executive vice president TCS.

THE BUDGET & GOVT POLICIES
The Credit Policy: Complete coverage
Union Budget 2002-2003: Complete Coverage Exim Policy 2002-03: Complete coverage
Economic Survey 2001-02: Complete coverage
Rail Budget 2002-03: Complete coverage

MONEY CHAT
'A career in IT is promising even today'
'IT industry grew at around 30% last year. Which other industry has shown higher growth? A job in any industry requires knowledge of IT. The career of a software professional remains bright,' says Pramod Khera, MD, Aptech Training Ltd.

SPECIAL
India needs to open up economy further for sustained growth
'Labour reforms, tariff rationalisation, an easy exit policy, boost to infrastructure, strong political push, low protection levels, liberalisation in banking sector, product de-reservation for SSIs, price decontrol, and a positive debate on the need for change are a must,' says Dr Nirupam Bajpai.
Ten years of reforms: The unfinished agenda

TUTORIAL
What is the RBI's Monetary Policy?
What role does the Monetary Policy play? How significant is it? Read on...

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Interview
Dr M S Swaminathan on the Union Budget
Sami Zoghbi on Indian tourism
Cyrus Nallaseth on US immigration
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Columns
- Sucheta Dalal on
Home Trade's plan

- R C Murthy on
  Monetray Policy

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