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Oct 22, 2001 10:26 IST
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INTRA-DAY MARKET REPORT
Market steady on good corporate results
Tech pivotals rule firm. Old economy scrips look up. Pharma slips a bit.

TOP HEADLINES
Tata Teleservices to expand operations
Pepsi files petition against Thums Up ad
Volvo rolls out B7R luxury bus in India
LIC cautions retail investors
Forex reserves swell to $45.128 billion
'Black belts' help Wipro get back in shape
Bank of Baroda to take over Benares Bank
- - More

CORPORATE HEADLINES
BSE revises special margin on 20 scrips
BPCL Q2 results on October 31
Dr Reddy's launches Livizi e-healthcare plan
Nirma H1 results by November 30
Cipla Q2 net up by 16.82%
- - More


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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.

FEATURES
Toyota, Sony make mood-sharing car
Called the 'pod', the car which has been designed to show emotion, will smile, frown, cry and even calm you with relaxing music and by blowing cool air.

Indian techies told to mind their Ps and Qs
Executives of Indian infotech firms are learning newer social skills to be politically correct while travelling abroad in the post-Black Tuesday era.

REPORTS
Maharashtra aims to ride the biotech boom
Having missed the IT bus, the state is taking a series of steps to establish itself as the biotech hub of the country.

Indian exporters hit hard by terror attacks
'Long-term contracts with buyers are suffering. New orders are hard to find. Exports targets will not be met this year as the terrorist attacks have spelt doom for us,' say exporters.

DAILY TECHNICALS
Trading strategy for October 22, 2001
Sensex, SSI, Satyam Computer, BHEL, HFCL... check out what you can do on Monday.

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.

STOCK TALK
'The worst is over'
'I think the market has made its bottom and better days are ahead. It is time to re-enter the equity markets,' says Ramesh Shrichand Damani.

COLUMN
A retirement plan for Indian politicians
Like top CEOs, political leaders too must retire, making way for young, dynamic, confident decision-makers if India has to get out of a rut, says Sucheta Dalal.

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

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