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May 17, 2001
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TOP HEADLINES
India tells Enron to renegotiate DPC deal
Sycamore reports loss in third quarter
JPC may probe mutual funds' role in scam
Rupee seen at 48/$ by end-March
RBI Governor non-committal on rate cut
India will play top role in global trade: Sinha
Indo-Pak trade talks could help thaw ice
Repeal SICA, abolish BIFR: RBI panel
- - More

CORPORATE HEADLINES
Hughes Tele FY-01 net loss at Rs 2087.92 mn
Ramco in strategic alliance with BEML
Arvind Remedies Q4 net down by 7.85%
Trading in Satyam on NYSE begins
UTI Bank denies news item
Textool FY-01 net loss at Rs 121.68 million
Sterlite Optical denies news item
- - More


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INTERVIEW
'IT products, home appliances to be LG's thrust area'
'These sectors will grow massively and shall compensate for the consumer durables saturation,' says K R Kim, Managing Director, LG Electronics.

MARKET REPORT
Market@May 17: Day's report
Digital is the star performer, gains 8 per cent. Himachal up by 2 per cent. HDFC gains 10 per cent. ACC, Bajaj Auto and Reliance record impressive gains.

FUND NEWS
Back to basics for equity funds
The growing realisation that diversification is the best, if not the only, way to reduce risk is visible today with leading equity funds now diversifying their portfolios.

DAILY TECHNICALS
Trading strategy for May 18, 2001
Sensex, Wipro, NIIT, Tisco, MTNL... Check out what you can do on Friday.

STOCK TALK
'People will have to start learning about derivatives'
Ramesh Shrichand Damani says it will take 2-6 months to figure out the true impact of Sebi's ban on badla.

SPECIAL
IT industry woes: layoffs, ban on foreign jaunts, cost-cuts...
Faced with a slowdown, a now-subdued infotech industry is tightening its belt and reining in expenses.

Firms go back on job offers, students panic
Many firms have withdrawn job offers made to students at campus interviews.

FUND FILE
Zurich India Top 200
Even though Top 200 carries a lower risk quotient with a quality conscious diversified portfolio, its active management is yet to see it outperform its category.

LIC Bond Fund
A return since launch of 13.83 per cent reflects the gains that emanated from its medium quality portfolio held earlier. While the fund has shifted focus on quality with a steady growth in corpus, it remains to be seen if the returns can be sustained in future.

COLUMN
Nedungadi Bank and the saga of RBI inaction
'The RBI made a decisive effort to free Nedungadi Bank from the grip of Rajendra Banthia who controls nearly 40% of its equity by telling him to step down from the board,' says Sucheta Dalal.

SPECIAL
The Berkshire weekend: An American tradition
Superstar billionaires Warren Buffett and Charlie Munger enlighten and regale shareholders every year at the annual meeting, says Hari Sreenivasan.

K V Kamath: taking ICICI to dizzying heights
ICICI CEO K V Kamath's term has been extended by another 5 years. NetScribes analyses his stellar leadership and the challenges that lie ahead.

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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