EXPRESSINDIA.COM The Indian Express Group _________________________________________________________________ The Financial Express daily newsletter Edition of Tuesday, August 17, 2004 _________________________________________________________________ ********************* THE FINANCIAL EXPRESS ********************* TODAY'S TOP STORIES ******************* PM, FM, Aiyar Strike Oil Deal The Prime Minister has been dotting the i�s on a fiscal package to try and contain inflation by offsetting the impact of global crude oil prices with a cut in taxes. The package entails sacrifices in customs and excise duties on petroleum products on the part of finance minister P Chidamabaram. http://www.financialexpress.com/fe_full_story.php?content_id=66175 _______________________________________________________________ High Society, Low Values... What does that say of our civic sense? Would any of those who came decked in their Sunday best have done this had the party been held in their private lawns? http://www.financialexpress.com/fe_full_story.php?content_id=66180 _______________________________________________________________ Ferguson Opposes Merger Of Insurance PSUs Consultant AF Ferguson may oppose the view that the four state-owned insurance giants should be merged. Ferguson�s forthcoming report, expected by the end of the month, will thus oppose the merger idea put forward by Parliament�s standing committee on finance. http://www.financialexpress.com/fe_full_story.php?content_id=66176 _______________________________________________________________ Electronic Data Sys To Make India Its Largest BPO Centre Electronic Data Systems, the world�s largest software services firm, will develop India as its largest offshore delivery centre. Around 25 per cent of total manpower engaged in the offshore delivery business worldwide will be stationed in India by the end of 2005. http://www.financialexpress.com/fe_full_story.php?content_id=66177 _______________________________________________________________ Tata Steel Acquires Singapore�s NatSteel Tata Iron and Steel Company has entered into definitive agreements with Singapore based NatSteel Ltd to acquire its steel business for Singapore $486.4 million in an all cash transaction. http://www.financialexpress.com/fe_full_story.php?content_id=66178 _______________________________________________________________ Honda Siel To Recall 2,000 Faulty Accords Honda Siel Cars India is recalling 2,000 units of its luxury sedan �Accord� sold post-July 2003 to replace certain faulty parts. http://www.financialexpress.com/fe_full_story.php?content_id=66179 _______________________________________________________________ /------------------------ advertisement ------------------------ No 1 Indian Matrimonials - 550,000+ members, 150,000+ photo profiles, 16,000+ successful matches! Register & Contact members for FREE!! http://ads.expressindia.com/adsnew/adclick.php?bannerid=400&zoneid=63&source=&dest=http%3A%2F%2Fwww.shaadi.com%2Findex.php%3Fptnr%3Dieom ------------------------ advertisement ------------------------/ Edits & Columns ******************* Take Stock Of The Pros And Cons The idea of a free trade agreement in services with the US is not without its merits. There are several service areas, beyond IT and ITES, where India can reasonably benefit from free trade with developed economies such as the US and EU. http://www.financialexpress.com/fe_full_story.php?content_id=66139 For A Little Bit Of Bloomin� Luck! By his own admission, Major Jaswant Singh, once of the Central India Horses, professed to know little about economics, and had only a passing familiarity with macroeconomic and fiscal figures. http://www.financialexpress.com/fe_full_story.php?content_id=66138 The Issue Is Credibility The Prime Minister raised many issues of interest in his maiden Independ-ence Day address. Hearing him I thought, �Could the speech have been any different?� http://www.financialexpress.com/fe_full_story.php?content_id=66140 More in Edits & Columns at http://www.financialexpress.com/edits&columns.html _______________________________________________________________ Investor ******************* NIIT Gets Relisted On Bourses http://www.financialexpress.com/fe_full_story.php?content_id=66147 Market Turnover At 1-Mth Low On Inflation Woes http://www.financialexpress.com/fe_full_story.php?content_id=66141 MFs Bow Down To Redemption Pressure In July, See Rs 3,843-cr Net Outflow http://www.financialexpress.com/fe_full_story.php?content_id=66143 More in Investor at http://www.financialexpress.com/investor.html _______________________________________________________________ Money & Banking ******************* HDFC Sells 50% In Intelenet To Barclays For Rs 164 Crore http://www.financialexpress.com/fe_full_story.php?content_id=66148 GTB Shareholders Seek Role In Asset Valuation Process http://www.financialexpress.com/fe_full_story.php?content_id=66149 Bank Wage Talks Now Have To Tackle Allowances Issue http://www.financialexpress.com/fe_full_story.php?content_id=66150 More in Money & Banking at http://www.financialexpress.com/money&banking.html _______________________________________________________________ Economy ******************* Second Naval Exercise With Oman Next Year http://www.financialexpress.com/fe_full_story.php?content_id=66132 �Rice Exported To 33 Countries In 3 Years� http://www.financialexpress.com/fe_full_story.php?content_id=66133 Power Ministry Seeks Waiver On Loan Guarantee Fee http://www.financialexpress.com/fe_full_story.php?content_id=66170 More in Economy at http://www.financialexpress.com/economy.html _______________________________________________________________ Corporate ******************* Beltek India Sees Reshuffle In Top Deck http://www.financialexpress.com/fe_full_story.php?content_id=66156 Dabur India Plans Rs 20 Cr Mfg Facility http://www.financialexpress.com/fe_full_story.php?content_id=66159 Infomedia�s Realty Sale Plans Get Going http://www.financialexpress.com/fe_full_story.php?content_id=66165 More in Corporate at http://www.financialexpress.com/corporate.html _______________________________________________________________ Fe Insight ******************* Here�s Where I�ll Start, And How http://www.financialexpress.com/fe_full_story.php?content_id=66171 Inculcate Values Instead Of Tightening The Screws http://www.financialexpress.com/fe_full_story.php?content_id=66161 Replay: Reforms Ideas Put Forth By Surinder Nath http://www.financialexpress.com/fe_full_story.php?content_id=66164 More in Fe Insight at http://www.financialexpress.com/feinsight.html _______________________________________________________________ Walk The Talk ******************* �I Can�t Say Bandh Is Never The Right Way. But We Must Select The Issues� http://www.financialexpress.com/fe_full_story.php?content_id=66194 More in Walk The Talk at http://www.financialexpress.com/walkthetalk.html _______________________________________________________________ News ******************* In Parliament, It�s Back To Business http://www.financialexpress.com/fe_full_story.php?content_id=66188 M�rashtra Free Power Move Hits Roadblock http://www.financialexpress.com/fe_full_story.php?content_id=66173 Govt To Consult Research Firms To Hone WTO Negotiation Skills http://www.financialexpress.com/fe_full_story.php?content_id=66181 More in News at http://www.financialexpress.com/news.html _______________________________________________________________ >From The South ******************* Three Cos Share CII-GBC Energy Efficiency Award http://www.financialexpress.com/fe_full_story.php?content_id=66183 FAO, ANGRAU Sign MoU For AP Water Management Project http://www.financialexpress.com/fe_full_story.php?content_id=66185 BIS Likely To Notify Code For Fibre-added Concrete Mixer http://www.financialexpress.com/fe_full_story.php?content_id=66186 More in From The South at http://www.financialexpress.com/fromthesouth.html _______________________________________________________________ ********************* EFE ********************* Front Page ******************* Opelin India Centre Develops Data Security Software http://www.financialexpress.com/fe_full_story.php?content_id=66118 New Subscribers Drag ARPU Down http://www.financialexpress.com/fe_full_story.php?content_id=66115 Reliance Info To Set Up IT nfrastructure For BCCI http://www.financialexpress.com/fe_full_story.php?content_id=66116 More in Front Page at http://www.financialexpress.com/efe/frontpage.html _______________________________________________________________ Convergence ****************** MsourcE To Expand Operations http://www.financialexpress.com/fe_full_story.php?content_id=66124 Business Objects Enterprise Software To Run On Java, Linux http://www.financialexpress.com/fe_full_story.php?content_id=66122 Karnataka Identifies Three Sites For Hardware Park http://www.financialexpress.com/fe_full_story.php?content_id=66123 More in Convergence at http://www.financialexpress.com/efe/convergence.html _______________________________________________________________ Marketing & Management ******************* Birla Power Plans New Engg Products, Localisation http://www.financialexpress.com/fe_full_story.php?content_id=66128 Media Planners, Agencies Skip Olympics Advertising http://www.financialexpress.com/fe_full_story.php?content_id=66127 Bose To Expand Retail Outlets, Widen Distribution Reach http://www.financialexpress.com/fe_full_story.php?content_id=66129 More in Marketing & Management at http://www.financialexpress.com/efe/marketing&management.html _______________________________________________________________ Tech Verticals ******************* Opening Back-office To Support Bundled Services http://www.financialexpress.com/fe_full_story.php?content_id=66121 More in Tech Verticals at http://www.financialexpress.com/efe/techverticals.html **************************************************************************************** Visit us at http://www.expressindia.com for indepth coverage of news from around India, updated round the clock. 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