REPORT
'Govt to fix power problem permanently'
'The govt wants to defuse the crisis. State grids must function within the parameters set by the Centre. They need to distinguish between grid and greed,' says Power Minister Suresh Prabhu.

BUSINESS HEADLINES
• Premji, Ambani among world's 50 richest
• SBI chief sees no rate cut till March-end
• Daewoo India hikes Matiz prices: Reuters
• Korea Daewoo union opposes foreign sale
• Asian stocks cheer Fed rate cuts, Tokyo cools
• Tisco plans ferrochrome unit in Australia
- - More

CORPORATE HEADLINES
• Softsol mulls investment in SoftSol Reso. Inc
• GDR Tele allots 1.25 mn shares to promoters
• Gamma Info mulls prefer. allotment of shares
• Sesa Goa Q3 results on Jan 24, 2001
• Strike at Rai Saheb Rekhchand's Wani Unit
• CRISIL net profit up 18.38% in for DQ 2000
- - More

INTRA-DAY MARKET REPORT
Market@1430
Software stocks remain firm. Non-software stocks under pressure.

COLUMN
Happy 2001: Welcome to mindless action and callous inaction
'Welcome to India, which many believe will leapfrog years of bad economic policies, backwardness, mismanagement, poor work ethic through its skills in information technology,' says Sucheta Dalal.

SPECIALS
15 pros pick the best stocks for 2001
Fund managers, equity researchers, stock analysts and market pros identify sectors that are most likely to perform well in the New Year.

The fall of the rupee in Y2K
Rising crude oil prices, slowing foreign capital inflows and weakening stock markets drove the rupee down 7.1 per cent in 2000.

IPO ANALYSIS
Moschip Semiconductor Technology
A working chip gathers no moss? You must see this...

STOCK TALK
Old economy is in the limelight
Ramesh S Damani sees opportunities in the IT-enabled sector, public sector undertakings, and some cement and power stocks for 2001.

DAILY TECHNICALS
Trading strategy for January 4, 2001
Sensex, BHEL, Wipro, Grasim ACC... Check out what you can do on Thursday.

MARKET IMPACT
Merrill Lynch bullish on petroleum stocks
CSFB warns on software services growth
Mastek warns of 60-70% dip in net profit