TOP HEADLINES
• Pacified Godbole withdraws resignation
• Air-India MD Mascrenhas suspended
• Mascrenhas to challenge suspension in court
• Zee interested in global strategic partner
• Cisco to groom 100,000 network professionals
• CBI nabs Arvind Johari, brother in Kalimpong
• AES undeterred by Orissa govt's threat
• Air-India's 00-01 loss lowest in 6 years
• Monsoon hits Kerala 7 days before schedule
- - More

CORPORATE HEADLINES
• Geometric Software reviews JV proposal
• Blue Dart-Franch Express in strategic alliance
• United Credit drops buy back plan for now
• Elgi Equipments FY-01 net at Rs 56.91 million
• Wockhardt, Bayer in co-marketing pact
• Sun Pharma clarifies on news item
• Russel Credit revises VST open offer to Rs 120
- - More

STOCK TALK
'Market may be vulnerable to a few more shocks'
'We could become a tech superpower in 10 years if our government does a good job,' says Ramesh Shrichand Damani.

MARKET REPORT
Market@May 23: Day's report
Performance of software stocks is impressive. Infosys attracts sustained buying, up more than 6 per cent. Zee hits upper circuit at 8 per cent. Old economy stocks are mixed.

DAILY TECHNICALS
Trading strategy for May 24, 2001
Sensex, Satyam, SSI, Reliance, Tata Tea... Check out what you can do on Thursday.

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

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.

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.

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Many firms have withdrawn job offers made to students at campus interviews.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