TOP HEADLINES
• Enron Decision on Monday
• Indian Airlines introduces flexible fares
• Government bail-out fear unfounded: UTI
• BSNL optic cable bids to open on May 24
• Aksh to increase optical fibre capacity
• No immediate hike in petro prices: Naik
• TRAI pegs min. rent for WLL phone at Rs 450
• No going back on reforms, PM tells unions
- - More

CORPORATE HEADLINES
• Rel Petro GDR issue for existing shareholders
• IndusInd Bank Q4 net loss at Rs 218.90 million
• ITC Hotels FY-01 net up 6.02%
• Glenmark Pharma FY-01 net down 21.17%
• ITC Bhadra FY-01 net at Rs 348.93 million
• BPCL acquires 33.33% stake in VI eTrans
• Nirma FY-01 net profit up by 6.67%
- - More

COLUMN
Cracks already in the JPC's gameplan
'Excluding UTI, which has been at the centre of all the controversy connected with the stock market crisis, suggested an outrageous cover up and made a monkey of those who had been baying for an investigation into its activities,' says Sucheta Dalal.

FUND NEWS
Rolling settlement and worried funds
With rolling settlement likely to hamper liquidity - at least in the short-term - fund managers are hiking investments in more liquid stocks.
Diversified equity funds get back to basics

REPORT
Grape expectations for India's wine industry
Grover's Vineyards, India's only vineyard devoted to producing wine, plans to live up to the growing demand for wine in India.

FUND FILE
HDFC Growth
Though HDFC Growth Fund has got its investment framework in place now, it will take time to offer returns to the investor.

Birla Advantage
Given its past track record and stance on technology, the fund is likely to pursue an aggressive investment strategy, which calls for a long-term commitment.

MARKET REPORT
Market@May 18: Day's report
Software stocks show a mixed trend on Friday. Satyam, Zee and Himachal are under selling pressure. Old economy stocks continue to perform well. MTNL, Bhel and BPCL show impressive gains.

DAILY TECHNICALS
Trading strategy for May 19, 2001
Sensex, Wipro, Global, Sterlite, SBI... Check out what you can do on Monday.

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.

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.

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