Sinha dumps equity-swap method for disinvestment
Finance minister Yashwant Sinha on Saturday ruled out the crossholding route for meeting the Rs 10,000-crore disinvestment target set for this financial year.

Carryforward rates inch up to 16.9%
With the market ending the week with a firm undertone and revival of FII buying, badla rates inched up to an average of 16.9% against 14% in the previous week.

Army has intruders on the run -- Vajpayee
Prime Minister Atal Behari Vajpayee declared here on Saturday that the Pakistani intrusion in Kargil has now been decisively turned back with most pockets having been already cleared.

CORPORATE
Enfield unveils Lightning, fast and costliest
`Ashok Leyland will beat slowdown in second half'

ECONOMY
Forty-six firms default on armed forces' FDs
Gujarat CM returns home with Rs 1,265cr proposals

EXPRESSIONS
Trouble revving up for scooter industry
Crisis brings out the best in us

MARKETS
Markets relieved as Saturday will help avoid head-on collision
UTI, Morley Fund ink pact for ventures in Third World

LEISURE
Raunchy films turn major grossers
Riding the green bandwagon