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May 23, 2001
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TOP HEADLINES
DPC to meet Godbole panel on Wednesday
E-commerce seen at Rs 252 bn by 2005
DPC's Indian lenders may skip June 4 meet
Orissa to drag AES representative to court
Redback CEO Vivek Ragavan quits
Govt to set up showrooms to boost exports
Rupee ends weak at 47.01/$ on imports
Indians, Pakistanis eye lucrative trade
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CORPORATE HEADLINES
A P Paper Mills FY-01 net up by 95.40%
Monsanto India FY-01 net up by 59.93%
Amara Raja Batteries Q4 net up by 43.91%
Crompton Greaves Q4 net at Rs 134.30 million
Shriram Honda FY-01 net down by 4.22%
Kinetic Motor Co. FY-01 net up by 12.59%
GTN Textiles FY-01 net up by 184.54%
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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.

MARKET REPORT
Market@May 22: Day's report
Performance of software stocks is positive for a major part of the day. DSQ Software and Global up more than 4 per cent each. Pharma stocks in great demand.

DAILY TECHNICALS
Trading strategy for May 23, 2001
Sensex, Wipro, Digital, Cipla, Ranbaxy... Check out what you can do on Wednesday.

MARKET IMPACT
'MSCI downgrade won't affect market much'
VSNL: Status quo and waiting to go

FUND NEWS
Buybacks come to funds' rescue
The spree of open offers and buybacks unleashed by India Inc has brought a glimmer of hope for harried fund managers.
Rolling settlement and worried funds
Diversified equity funds get back to basics

REPORTS
He promises invincible security
Vijay Takanti's firm is leveraging the fact that the e-signature Act has been cleared by Congress and trying to provide technology that is not available.

Dr Reddy's sees robust drug pipeline
Dr Reddy's Laboratories expects two of its anti-diabetes drugs to enter phase III clinical trials in the last quarter of 2001.

FUND FILE
Templeton India Growth
With the results starting to trickle in for Templeton India Growth Fund, it could well end up as a candidate for core holding, if it continues with its reworked ideology.

Prudential ICICI Balanced
While the fund may take a while to stabilise, it should provide long-term performance if the re-aligned stance continues.

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.

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


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