COLUMN
Corporate governance: Alert board vital
The Enron and the UTI cases illustrate the danger of combining the incumbency of the board chairman and CEO, says A V Rajwade.

TOP HEADLINES
• India in talks for new crude oil sources
• India must tackle US investors' woes: envoy
• Geete solicits US investment in power sector
• Naik presents Mashelkar report to Advani
• 'India set to resume wheat exports to Iraq'
• India, Denmark keen to boost bilateral trade
• Industrial growth at 5.7% in August
• 'Textiles export to top $15 billion this fiscal'
• H-P debuts PC that works like a TV, too
• TCS CEO is Asia Business Leader of 2002
- - 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
• D-Link, Keltron in networking products pact
• Ashish Jain is compliance officer, Aksh Opti
• CRISIL Q2 net up by 34.80%
• Indusind Bank clarifies on news item
• Satyam to provide support services to Inktomi
• Rayban Sun Optics Q2 results on Oct 29
- - More

MARKET REPORT
Tech stocks lift Sensex by 26 points
Market ends higher led by gains in tech stocks. Buying interest seen across the board.

DAILY TECHNICALS
Trading strategy for October 14, 2002
Sensex, Wipro, KPIT Info, Bajaj Auto, Tata Elxsi... Check out what you can do on Monday.

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

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

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
• BPL Mobile unveils India's first MMS
• Indian Rayon gets Deming Award
• 'Sunsilk Beautiful Brides' gets good response
• More...