MARKET REPORT
Tech stocks lead 36-pt recovery in Sensex
Helped by renewed buying in select new and old economy stocks, the markets looked up.

TOP HEADLINES
• Govt hopes to meet 2001-02 sale target
• Coercion could derail Doha meet: Maran
• Divestment of 3 PSUs to roll off next week
• Maruti makes late entry into used-car mart
• India may push for textiles sops from US, EU
• Bankers, analysts pin hopes on CRR cut
• India 36th on WEF competitive nations survey
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CORPORATE HEADLINES
• TISCO Q2 results on October 30
• CMC Q2 results on October 29
• Gujarat Ambuja Q1 results on October 29
• BSES Q2 results on October 30
• Reliance Capital Q2 results on October 30
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SPECIAL REPORT
Infosys programme churns out future talent
The tech slowdown, notwithstanding, Infosys is on a hiring spree for Instep, its global internship programme. The company plans to build global brand recognition through the programme.

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.

FEATURES
Toyota, Sony make mood-sharing car
Called the 'pod', the car which has been designed to show emotion, will smile, frown, cry and even calm you with relaxing music and by blowing cool air.

Indian techies told to mind their Ps and Qs
Executives of Indian infotech firms are learning newer social skills to be politically correct while travelling abroad in the post-Black Tuesday era.

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.

DAILY TECHNICALS
Trading strategy for October 22, 2001
Sensex, SSI, Satyam Computer, BHEL, HFCL... check out what you can do on Monday.

IMPACT
Relaxed buyback rules bring no cheer: Reuters
Analysts opine that the easing of rules may not spur firms to swap cash reserves for equity because cash is king when the economy is slowing.

INTERVIEWS
'Working with the FM was good. He was very receptive'
'It was good to be around when a lot of policy changes were made, but I won't be there for the next budget,' says Rakesh Mohan, Sinha's economic adviser, who resigned recently.

'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.

STOCK TALK
'The worst is over'
'I think the market has made its bottom and better days are ahead. It is time to re-enter the equity markets,' says Ramesh Shrichand Damani.

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 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