INTERVIEW
'This will be the last bailout'
'There is no question of a shortfall any longer, perceived or real,' UTI Chairman M Damodaran tells Kanchana Suggu in an exclusive interview.

TOP HEADLINES
• Labour panel moots free hand to employers
• PM brokered truce over oil PSU selloff
• HPCL, BPCL selloff put off by 3 months
• Union Bank of India to list on BSE on Sep 24
• TRAI paper on basic telephony soon
• PM meets key ministers on divestment issue
• Cellular players hail plan to raise FDI cap
• Foreign exchange reserves at $61.5 billion
- - More I RBI Annual Report 2001-02

CORPORATE HEADLINES
• Kennametal buys majority stake in Widia
• G Kurmi resigns as dy company sec, Cipla
• R Lakhmani resigns from Dynamic Industries
• Softpro Systems forfeits 21200 equity shares
• Leena Consultancy declares dividend at 3%
- - More

COLUMN
Why BAT should not be allowed to take over ITC
'BAT's business interests are confined to cigarettes and its sole aim is to maximise profits - it is not in the least bothered about anything else, leave alone India's national interests,' says Paranjoy Guha Thakurta.

Frank Simoes: An ad legend, a self-made man
'I came from a good family, but we had no money for me to go to college. I was a typist before I got into advertising,' the advertising wizard had once told Sucheta Dalal.

SPECIAL
UTI bailout: Common man hit hardest
The common man is feeling the pinch as interest rates tumble. People who want to squirrel away their money for a rainy day have never had it so bad.

Metro rail: Putting Delhi on track
The Delhi Metro, which is about to start trial runs, could be one of the wonders of modern India. But does it have all the equations right?

The southern shopping spree
A slew of state-of-the-art malls could turn Hyderabad into a shopaholic's paradise and a theatre-goer's delight.

Divestment: Will the horse fly again?
Arun Shourie may face a definitive moment on Saturday with the HPCL and BPCL divestment hanging in the balance, says Gaurav Raghuvanshi.

PERSONAL FINANCE
Financial planning is easy. Just start early
Financial planning is a phrase that conjures hidden terrors for many people. But it needn't be that way.

Buying a house? Be careful…
Purchasing a house involves many hidden perils. Here are some of the dos and dont's of buying a house.

MARKET REPORT
Sensex sheds 40 points on divestment worry
Techs and heavyweights drag the market down. PSU, cement and FMCG stocks lose ground.

STOCK TALK
'The market for tech is reviving'
'I believe that tech stocks will outperform from these levels. I would increase my exposure to the IT-enabled sector,' says Ramesh Shrichand Damani.

DAILY TECHNICALS
Trading strategy for September 9, 2002
Sensex, Digital Global, Reliance, HLL, HPCL.... Check out what you can do on Monday.

PRESS RELEASES
• Bridal Asia 2002 offers Asia's finest
• More releases...