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Thursday, April 12, 2001


	FE EDITORIAL

	Smokescreen? Educating is empowering Who got what from where INDIAN COCKTAIL: Brussels and Strasbourg, not London OFF THE CUFF: Exuberance to panic


	FE ANALYSES

	QUAKE IMPACT-III: Is the Gujarat government prepared for another disaster? ASSEMBLY ELECTIONS: If Incumbents will have to run twice as fast in? ASIAN DRAMA: Behind the Bush agenda lies a lot of political manoeuvring ASSEMBLY ELECTIONS/KERALA:Who’s interested in manifestos, anyway? FIRST PERSON: Insurance firms need to retain, not just win over customers

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Core committee for BSE corporatisation on cards
THE extra-ordinary general meeting (EGM) convened by the Bombay Stock Exchange (BSE) on Wednesday, in connection with corporatisation and demutualisation of the exchange, unanimously passed the resolution to set up a core committee to look in to this matter and also asked the committee to submit its report within two weeks.

RIL, RPL among top three in terms of M-cap
THE falling stock prices of software companies have come as a boon for two Reliance group companies — Reliance Industries (RIL) and Reliance Petroleum (RPL) — who are among the top three list of the most valuable companies based on market capitlisation.

HSE seeks explanation from Satyam Computer
AFTER Global Trust Bank and Amara Raja Batteries, it is now the turn of Hyderabad-based software major, Satyam Computer to be disciplined by the stock market authorities.

Sensex sheds 122 pts as tech stocks plunge
LED by Infosys Technologies, software stocks tumbled on Wednesday with the BSE Sensex hitting its 2-year low. Selling pressure, especially from FIIs, led the benchmark index fall by 122 points as most of the technology stocks hit the lower circuit. Tech and media stocks like Wipro, SSi and Zee also plummeted at the bourses.

M-cap of 175 A-group shares down Rs 18,169 cr in a day
WITH heavy the selloffs in IT stocks, fuelled by lower-than-expected Q4 results announced by Infosys Technologies, the market capitalisation (M-cap) of 175 A-Group shares has declined by 4.34 per cent on Wednesday.

Downtrend likely to continue
IT was one of the bloodiest day for the IT stocks. In fact, for the first time, Infosys remained at the lower circuit of 16 per cent for a major of the day.