MARKET REPORT
Old economy lifts Sensex by 17 points
L&T, ACC, GACL, Ranbaxy, Bhel, Telco, MTNL, ICICI gain. Infosys, Satyam and Zee lose.

TOP HEADLINES
• India not to host November G-20 meeting
• 'Market irregularities cannot be called scam'
• Meltdown, uncertainty to hit mega IT event
• India's first-half tax receipts fall 6.2%
• 'No proposal for A-I, IA bailout package'
• Sinha not in favour of slashing tax rates
• Govt to step up infrastructure development
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CORPORATE HEADLINES
• KLG Systel Sep quarter net down 58.92%
• Andhra Bank Q2 net profit up 293.19%
• BILT Q1 net profit at Rs 174.3 million
• VSNL Q2 results on October 30
• SBI Q2 results on October 30
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DAILY TECHNICALS
Trading strategy for October 16, 2001
Sensex, Infosys, Dr Reddy, Reliance, ITC... check out what you can do on Tuesday.

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.

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 road to Laden
'The United States secretary of the treasury will have more to do to win the war than will his counterpart in the Pentagon. The money trail will be a far better guide to the terrorists than any guided missile,' says T V R Shenoy.

STOCK TALK
'Infy blundered by not bidding for CMC'
'They gave TCS a great company on a platter. If divestment continues like this, it will be a big help to the markets', says Ramesh Shrichand Damani.

FEATURES
How militant groups stash cash for attacks
Terrorists employ false names, offshore accounts and legitimate businesses to muddy the money trail, making tracking such funds extremely difficult.

Watch titans prepare for battle after divorce
Indian major Titan and global giant Timex are both vying for the lion's share in the Rs 12-billion market, even as the grey market keeps on gaining muscle.

INTERVIEW
'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.

SPECIAL REPORT
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.

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