TOP HEADLINES
• UTI to be split; US-64 package approved
• Bailout package for IFCI next week: Jaswant
• PHDCCI welcomes UTI's bailout package
• Rate of recap bonds issued to banks revised
• Forex reserves rise to $61.035 billion
• RBI moots national liquidity policy
• Fiscal deficit down 6.3%, says RBI
• Rahman may write Bharti brand score
• 'Tatas knew what they were getting into'
- - More I RBI Annual Report 2001-02

CORPORATE HEADLINES
• Chordia Food Products OKs buyback
• Nusli Wadia resigns from National Peroxide
• Management change at Jindal Photo
• Nocil to close down petrochem division
• Mefcom Capital approves rights issue
• Indal to urge KSEB to reduce power tariff
- - More

MARKET REPORT
Techs, heavyweights lift Sensex by 67 points
Zee Tele up 7% on renewed buying. HLL, RPL, Infosys, SBI, Tisco also notch up handsome gains.

COLUMN
The curious case of privatising HOCL
'Behind this innocuous decision lies a curious tale of politicking and lobbying,' says Paranjoy Guha Thakurta.

Frank Simoes: An ad legend, a self-made man
'I came from a good family, but we had no money for me to go to college. I was a typist before I got into advertising,' the advertising wizard had once told Sucheta Dalal.

SPECIAL
'The most boring person is one who plays safe'
Meet Gulam Noon, Britain's frozen foods king.

Cellular phone war hots up again
The slashing of airtime rates and introduction of attractive features by Bharti has churned up the cellular phone industry in India.

STOCK TALK
'Market is caught in a tough trading range'
'The future direction is unclear. Players are waiting for some good news from the divestment and UTI fronts,' says Ramesh Shrichand Damani.

INTERVIEW
'I always feel young when I am with students'
Medical visionary Thenkurussi Kesavadas is convinced that one day medical schools would replace cadavers with 3-D images.

'India Inc needs to be more competitive'
'I believe India will continue to be one of the fastest growing economies, but the CII has identified some issues that need to be addressed to attain this,' says CII president Ashok Soota.

PRESS RELEASES
• AMD delivers high performance processor
• More releases...

DAILY TECHNICALS
Trading strategy for September 2, 2002
Sensex, NIIT, Wipro, Tata Power, Zee Tele.... check out what you can do on Monday.

PERSONAL FINANCE
LIC's Bima Nivesh: An attractive product
There are quite a few reasons which make this policy very appealing.

The traveller is king now
Finally the Indian traveller gains as the airlines launch new and innovative schemes to lure passengers.