RBI to cut bank rates next year -- JP Morgan
Investment banker, J P Morgan has said RBI is likely to cut its benchmark bank rate in the financial year starting Apr 2001 due to a more stable rupee, comfortable money market liquidity, record foreign exchange reserves, and an easing bias in global interest rates.



Dot-Com Bubble Has Burst; will things worsen in 2001?
Here's a rock-solid prediction for the Internet in 2001: Jeff Bezos will not be selected Time's Man of the Year. Was it only a year ago that the founder of Amazon.com was beaming from the front of that magazine, an icon of the new economy that had taken the world by storm?



AI sell off -- IPG mulls legal action
IPG has reacted angrily to the government's reported move to disqualify its bid for loss-making carrier, Air India.In a statement, IPG has alleged that `government is unlikely to get the best price as there would be no bidding.'



Other headlines
MTNL union withdraws strike notice; Paswan accepts demands
Entertainment stocks crash again
New takeover code by February end -- Mehta
IBM sells largest commercial computer for genome research
Details of tobacco smuggling in India has global implications