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June 15, 2001
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TOP HEADLINES
JPC term may be extended
VST supports BAT proposal to increase stake
Infosys dislodges Wipro from No 2 exporter
Nasscom sticks to export forecasts
Dr Reddy's leads Indian cos to new frontiers
CMS may pull out of Ennore power project
Bright Star takes a U-turn, welcomes BAT bid
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CORPORATE HEADLINES
Indian Oil FY-01 net up by 11.33%
Transport Corporation net up by 15.98%
Shipping Corp OKs 25% interim dividend
ICICI clarifies on news article
Britannia buy-back not to exceed Rs 750
Himachal clarifies on news article
VST in favour of increase in BAT's stake
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MARKET IMPACT
UBS Warburg ups price targets for IT stocks
SSKI raises Ashok Leyland to 'outperformer'

MARKET REPORT
Sensex sheds 48 points on profit booking
Selling pressure gains ground in new as well as old economy stocks. Profit booking seen across the board. Infosys, NIIT and Satyam lose ground.

DAILY TECHNICALS
Trading strategy for June 15, 2001
Sensex, Infosys, Satyam, ACC, Bhel... Check out what you can do on Friday.

INTERVIEW
'Anyone who can kill the market by selling 100 shares of Wipro must be God'
"This is not a case against us. It is a witch-hunt against an organisation that has been globally recognised as one of the best in terms of prevalent practices," Shankar Sharma, director, First Global, tells Pritish Nandy.

'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.

STOCK TALK
'Market may rally to 4250-4500 after July 2'
'The fear of July 2 is overwhelming. I am not bullish on the introduction of rolling settlement,' says Ramesh Shrichand Damani.

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.

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.

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.

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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