COLUMN
The Kelkar show: cart before the horse
What the Kelkar committee has done is provide an intellectual justification for the government to earn more tax revenues, says R Jagannathan.

TOP HEADLINES
• RBI eases forex norms further
• Reliance to unveil mobile service on Jan 15
• CSE scam: Ex-VP Daga gets bail
• Trai warns cell operators over interconnect
• NRI to fund Indus school in Bangalore
• Kerala picks scenic spots for Infosys campus
• Mufti in Mumbai on Jan 20 to woo investors
• DC Design to foray into Saudi, US markets
• DSE keen to merge with regional bourses
- - More I Kelkar panel tax proposals

SPECIAL
The short and the long of the Budget
Finance Minister Jaswant Singh's Budget speech is likely to be very short...
• Run-Up To The Budget 2003

MARKET REPORT
Market recovers as techs bounce back
Infosys, HCL Tech, Bajaj Auto, GACL, ACC gain. Ranbaxy, Cipla, ITC, SBI, RIL lose.

THE DAY OF THE DIASPORA
• The night the Diaspora met Sonia
'She is very charming,' said Rekha Gupta from Botswana, 'and seems to be making a good effort to woo people for her politics.'
• 'I've yet to meet a person in India I didn't like'
• SLIDE SHOW: Dazzling the Diaspora
• India developing Agni-III missile
• Pravasi Bharatiya Divas: Complete Coverage

CORPORATE HEADLINES
• Tamilnadu Petro Q3 net at Rs 23.8 mn
• Unimin India director J V Jani resigns
• Govt appoints nominee director for ICICI Bank
• SBI Q3 results on January 29
• Crompton Greaves Q3 results on January 30
- - More

COLUMN
Back to the gamble
'We are today back in the morass India was in the early 20th century. In spite of liberalization, the Indian economy has to rely on rains,' says Ashok Mitra.

HOT PURSUITS
Tech stocks in focus
Operators and institutions were active in tech stocks on Tuesday.
• Cement scrips harden
• Bajaj Auto riding strong ahead of results
• Blues for Telco over the Indigo model
• US steelmakers' move puts Tisco in a spot
• Mastek musters gains on impressive results

PRESS RELEASES
• Deutsche AMC launches Indian business
• Largest intl CES ignites industry optimism
• PC sales cross 950,000 units in H1
• More...