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May 31, 2001
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TOP HEADLINES
Plant has not been shut down, says DPC
'Payment to CSE will be my first priority'
MSEB doubtful over DPC's tariff cut proposal
DPC shuts plant, to issue termination notice
Domestic lenders to help resolve DPC tangle
Three ZAP Computers bosses nabbed in Delhi
'JPC proceedings to be speeded up'
Outlook dubs I-T raids an act of vendetta
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CORPORATE HEADLINES
IPCL FY-01 net profit up by 31.79%
Alfa Laval open offer at Rs 164 per share
Dr Reddy's Q4 net at Rs 393.74 million
Chennai Petro Q4 net down by 41.20%
ITC FY-01 net up by 26.98%
Modi Rubber revises open offer to Rs 81.50
Bank of India FY-01 results on June 6
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COLUMN
Is world opinion more important than public interest?
'Our message to the international community is that India is no banana republic and that it can stand up for its people and its rights,' says Sucheta Dalal.

REPORT
American Business Club: a new face, a new mission
The club aims to boost Indo-US partnerships, bilateral trade, and interest about Indian firms and markets in the US.

MARKET REPORT
Market@May 30: Day's report
Panic selling grips software stocks. Zee and Himachal lose over 8 per cent each. Bajaj Auto gains smartly. ACC and Dr Reddy attract buying.

STOCK TALK
'Another bull run will depend on FII inflow'
'There is no liquidity on the domestic front. If Bush visits India, US money would flow in,' says Ramesh Shrichand Damani.

DAILY TECHNICALS
Trading strategy for May 31, 2001
Sensex, Infosys, Tisco, L&T, Ranbaxy... Check out what you can do on Thursday.

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.

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


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