MARKET REPORT
Sensex ends flat in a volatile market
ITC down 9%. Dr Reddy down 4%. Tech pivotals give up early gains.

TOP HEADLINES
• Rupee ends a notch higher at 47.99/$
• Piqued Sinha skips BJP national meet
• Govt to sell 30 per cent stake in Nalco
• US experts called to contain ONGC blaze
• CRISIL retains highest rating on ICICI
• Sivakasi feels the heat of Chinese crackers
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CORPORATE HEADLINES
• Rallis India OKs scheme of amalgamation
• BILT OKs acquisition of stake by L M Thapar
• Satyam opens first offsite center in Sydney
• ACC Oct 2001 despatches at 1.047 mn tonnes
• Amzel Automotive OKs buyback of shares
- - More

STOCK TALK
'Keep an eye on IT'
'It is the most dynamic sector in our economy, as oil is in the middle east,' says Ramesh Shrichand Damani.

DAILY TECHNICALS
Trading strategy for November 5, 2001
Sensex, Wipro, Digital Global, SSI, Balaji, ACC... check out what you can do on Monday.

REPORT
ICICI's Kamath turns dream into reality
K V Kamath, the 53-year old CEO of ICICI has through the merger of the finance company and the ICICI Bank created the country's first financial supermarket and the second largest bank.

COLUMN
Are politicians plotting to lose the battle against Enron?
'People must demand full disclosure of the deal with Enron. Only then can they evaluate government action and stop vested interests from scuttling the probe against the MNC,' says Sucheta Dalal.

FEATURE
Can it get any worse for Indian hotel chains? Yep: Reuters
The hotel industry, already feeling the heat of global slowdown, is now down in the dumps as the US attacks have resulted in scores of cancellations.

SPECIAL REPORT
Infosys programme churns out future talent
The tech slowdown, notwithstanding, Infosys is on a hiring spree for Instep, its global internship programme. The company plans to build global brand recognition through the programme.

A helping hand from Sterlite Foundation
The non-profit organisation funded by the Sterlite group runs 'Sterliteracy' centres across the country bringing computer education at extremely low costs to the underprivileged.

IMPACT
Relaxed buyback rules bring no cheer: Reuters
Analysts opine that the easing of rules may not spur firms to swap cash reserves for equity because cash is king when the economy is slowing.

INTERVIEWS
'Working with the FM was good. He was very receptive'
'It was good to be around when a lot of policy changes were made, but I won't be there for the next budget,' says Rakesh Mohan, Sinha's economic adviser, who resigned recently.

'I see India as a real powerhouse'
'Work will soon begin to flow to India as opposed to Indians migrating to the US. India is a real powerhouse when it comes to talented manpower,' says venture capitalist Ray Stata.

THE BUDGET & GOVT POLICIES
The Credit Policy: Full coverage
The Rediff Budget Special: Full coverage
Rail Budget 2001-2002: Full coverage
Exim Policy 2001-2002: Full coverage
Economic Survey 2000-2001: Full coverage