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June 25, 2001
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TOP HEADLINES
JPC to question RBI, UTI, MMCB
BPL group close to buying Spectranet
First Global plea on Sebi order rejected
Dr Reddy's starts online clinical trials
Govt to set up regulator for petroleum sector
MTNL may cut cell tariffs on Tuesday
CII urges Pak to accord MFN status to India
'India may benefit from US slowdown'
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CORPORATE HEADLINES
HLL shareholders OK IBFL, Aviance merger
Tips gets overseas rights of Yaadein
Pentasoft Tech allots 5.50 million GDS
Indian Rayon OKs acquisition of stake in PSI
Tata Power denies news item
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FEATURE
India's middle class tantalises goods makers
The middle class has grown tremendously since India began to open its markets to foreign goods, offering great potential to firms selling food, personal healthcare products and low-price consumer goods.

MARKET REPORT
Sensex loses 63 points on speculative unwinding
Continued selling pressure in old as well as new economy stocks. NIIT, Global and Himachal hit 16% lower limit. Infosys loses ground.

DAILY TECHNICALS
Trading strategy for June 26, 2001
Sensex, Wipro, Gujarat Ambuja, Dr Reddy, Tisco... Check out what you can do on Tuesday.

COLUMN
The Maheshwar project: getting to the root of the matter
Are FIs too lenient while funding controversial power projects, wonders Sucheta Dalal.

MARKET IMPACT
UBS Warburg ups price targets for IT stocks
SSKI raises Ashok Leyland to 'outperformer'

INTERVIEW
'Anyone who can kill the market by selling 100 shares of Wipro must be God'
"This is not a case against us. It is a witch-hunt against an organisation that has been globally recognised as one of the best in terms of prevalent practices," Shankar Sharma, director, First Global, tells Pritish Nandy.

'Investment banking set for big growth in India'
"I am very optimistic about investment banking in India. But, like everything else in India, we will take two steps forward, slow down, take a step backwards and then move again," says Udayan Bose, managing director, Lazard.

STOCK TALK
'Market may rally to 4250-4500 after July 2'
'The fear of July 2 is overwhelming. I am not bullish on the introduction of rolling settlement,' says Ramesh Shrichand Damani.

FEATURE
An Esteem in need of some glory
Buyers, dealers and industry observers say this car is in desperate need of a total upgrade if Maruti wants to maintain any serious presence in the lucrative lower mid-size market.

SPECIALS
Building bridges via trade
'Kashmir or no Kashmir, business binds people together,' feel Indian and Pakistani traders.

Concrete set to replace salt
The govt has freed Bombay's salt pans for housing purposes. Will this help rehabilitate squatters or is it just a move to help the builders' lobby?
Click here for Slide Show

The Wintech story gets murkier
The Wintech Computers boss is on the lam leaving students, vendors and employees in the lurch, even as cops probe his nexus with the underworld.

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


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