TOP HEADLINES
• MERC stops DPC from activating escrow a/c
• MSEB stops buying power from DPC
• JPC will probe UTI role during stocks scam
• No rail passenger fare revision: Nitish
• Andhra urges Centre to waive states' loans
• Meeting with DPC was good, says Godbole
• I-T sleuths swoop down on Raheja companies
• IDBI Bank launches Rs 750-mn IT initiative
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CORPORATE HEADLINES
• L&T Q4 net up 61.10%, FY-01 net down 7.77%
• Aksh Optifibre to expand its existing capacity
• Hind Sanitaryware FY-01 net down 73.15%
• RBI OKs appointments of ICICI Bank directors
• EIH Ltd FY-01 net up by 30.84%
• Finolex Industries Q3 net up by 185.97%
• Kvaerner Cementation open offer at Rs 151
- - More

INTRA-DAY MARKET REPORT
Market@May 29: Day's report
Selective buying continues in old economy counters. Few tech stocks close positive. Auto stocks do well.

DAILY TECHNICALS
Trading strategy for May 30, 2001
Sensex, Satyam, Global, ACC, MTNL... Check out what you can do on Wednesday.

FUND FILE
UTI Master Index Fund
An index fund by definition settles for being an average performer.

Alliance GSF Long Term Fund
The fund has posted a one-year return of just 8.02 per cent, while its peers have provided an average return of 12.91 per cent.

FUND NEWS
Single investor funds can destabilise unitholders
Some funds have very large single ticket investors who can destabilise the fund if they exit. We bring you a list of funds thriving on single ticket investors.

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.

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

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