SPECIAL
The burden of national debt
The concept of budget deficit continues to remain controversial, says Sudhir Mulji.

TOP HEADLINES
• Sahara India buys Airport Centaur Hotel
• Narayana Murthy is E&Y Entrepreneur of '02
• Infosys hires record 1806 techies in Q2
• PetroMin for halving excise duty on LPG
• Investment losses hits Infosys's Q2 net
• BG, ONGC hold talks on Panna-Tapti row
• Progeon incurs loss in Q2; new CEO soon
• Phaneesh lawsuit to impact Infosys profit
• Rs 3560-cr drought package finalised
- - More I The Divestment Development

READERS' RESPONSE
'Mr Fernandes must keep his views to himself'
'Every day lost in debate is a huge loss of valuable FDI and people's wealth in the stock markets.' Message Board: Should we sell PSUs?

CORPORATE HEADLINES
• BOI appoints four shareholder directors
• BILT Q1 net up by 55.69%
• BHEL Q2 results on October 29
• HDFC H1 results on October 17
• Bilt approves scheme of amalgamation
• LICHF Q2 results on October 22, 2002
- - More

MARKET REPORT
Sensex gains 13 points as Infosys surges
Overall sentiment remains cautious amid global weakness. Zee down 4%. Telco, HLL, Wipro up.

IN FOCUS
A cup of Darjeeling turns bitter
The spiralling cost of labour has pushed the tea industry to the wall.

DAILY TECHNICALS
Trading strategy for October 11, 2002
Sensex, Infosys, United Phosphorous, Zee Tele, HFCL... Check out what you can do on Friday.

STOCK TALK
'I am cautiously optimistic about PSUs'
'Currently, there is a huge opportunity in IT-enabled and BPO stocks. Maybe biotech in future,' says Ramesh Shrichand Damani.

SPECIAL
Keeping pace with technology
In today's environment, change is the only constant in business, says Ravi Chaudhry.

Jaswant Singh’s first 100 days
What has India’s new finance minister achieved in the first 100 days of his tenure?, asks A K Bhattacharya.

INTERVIEW
'Nirma should be debt free in 18 months'
'The Nirma group has no plans to bid for any of the companies that have been identified by the government for divestment', says Hiren K Patel, CMD, Nirma Consumer Care.

'How can anyone say I am against divestment?'
'Out of the entire divestment proceeds, 80 per cent have been contributed by the petroleum industry,' Petroleum Minister Ram Naik tells Syed Firdaus Ashraf in an exclusive interview.

PRESS RELEASES
• BSE is World Fed of Exchanges member
• Progeon inducts Jayanth Varma on board
• 'Beautiful Brides' at Sunsilk Bridal Asia 2002
• More...