No pvt retailers to enter market before Apr '02 -- Ram Naik
India's oil minister Ram Naik said on Tuesday privatisation of his country's petroleum industry was on schedule and private retailers were unlikely to enter the market before April 2002.



Oil prices hit highest level since Gulf War
Financial markets were rocked by the continuing uncertainty on the crude oil prices with stocks and the rupee plunging for the second consecutive day.



Forget dotcoms, IT-enabled services are the future
While the dotcom hype has now turned to cynicism, the next wave of hope appears to be IT-enabled services. According to speakers at a NASSCOM conference on Tuesday, the total business opportunity in this area is in the region of $18 billion.



Other headlines
Court notice to UTI over closure of `Rajlaxmi' scheme
Rupee fall -- FM puts brave face
India to grow by 6.7% -- IMF
BIFR fires a salvo, wants to be the sole authority for PSUs under it
Long distance on hold, to get worse
Rolling settlement in `A' group on Oct 23