TOP HEADLINES
• Vajpayee rules out Sinha's resignation
• CBI probing foreign A/C of Subramanyam
• BA plans anti-fraud cell in Bombay
• US reviewing sanctions policy: Rocca
• R H Patil to head Divestment Commission
• UTI returns fall due to interest rate, index: FM
• UTI muddle to be discussed in LS next week
• Daftary in top 5 mutual fund managers in US
- - More

CORPORATE HEADLINES
• Sandvik Asia Q2 net profit up by 87.06%
• Reckitt Benckiser Q2 net down by 55.27%
• CRISIL Q1 net up by 10.12%
• Hindustan Motors Q1 net at Rs 257.70 million
• Ashok Leyland Q1 loss at Rs 94.04 million
• ABB Q2 net down by 10.77%
• IDBI Bank Q1 net up by 53.11%
- - More

INTRA-DAY MARKET REPORT
Sensex ends with 4-point gain
Overall mood in the market remains bearish. Tech stocks are subdued. Infosys, Telco, Cipla, Ranbaxy, HLL, Nestle gain. Zee, NIIT, Tata Steel, Satyam lose.

REPORT
Sensex nearing critical support, seen ranged: Reuters
Indian stock markets are seen south-bound in the short term but will continue to be in a trading range once the slide is arrested, say technical analysts.

DAILY TECHNICALS
Trading strategy for July 25, 2001
Sensex, Wipro, Mukta Arts, Ranbaxy, Bhel... Check out what you can do on Wednesday.

INTERVIEWS
'The slowdown had a larger than normal
impact on us'
To counter the impact, we have started to promote e-learning in a big way, says NIIT CEO Vijay K Thadani.

'US-64 crisis may help boost private MFs'
'Investors who went to UTI only for security will now seek more options and look at other mutual funds,' says Vivek Reddy, chief executive, Kothari Pioneer.

'I don't regret Shaw Wallace investment'
Shaw Wallace is a company that can make my dream to go global come true,' says Manu Chhabria in a candid interview.

COLUMNS
KP scam: Bigger than 1992
'If one were to simply add up the amounts mentioned in SEBI's various reports, the size of Parekh's manipulations is far bigger than the Rs 50-odd billion securities scam of 1992,' says Sucheta Dalal.

The heartache overshadowed by a summit

THE UTI MUDDLE
FAQs on the UTI liquidity package
The Unit Trust of India seeks to clarify the doubts that investors have regarding repurchase of US-64 units.
The UTI Crisis: Complete coverage

STOCK TALK
'The Sensex could go below 2900 technically'
'The market looks weak and brittle. Grapevine has it that sops for the capital markets could be coming soon,' says Ramesh Shrichand Damani.

DERIVATIVES CENTER
Options Trading Strategy Guide
Hiten Jhaveri's guide tells you all that you wanted to know about options and options trading...

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