EXPRESSINDIA.COM The Indian Express Group _________________________________________________________________ The Financial Express daily newsletter Edition of Friday, September 10, 2004 _________________________________________________________________ ********************* THE FINANCIAL EXPRESS ********************* TODAY'S TOP STORIES ******************* HC Extends Overs, Asks ESPN, Zee For Fresh Bids The battle for Indian cricket�s broadcasting rights is far from over. In an interesting turn of events at the Bombay High Court on Thursday, the bench comprising Chief Justice DS Bhandari and Justice DY Chandrachud proposed that the bidding process be re-opened with a floor price of $308 m. http://www.financialexpress.com/fe_full_story.php?content_id=68325 _______________________________________________________________ FM Okays Bank Mergers Finance minister P Chidambaram said on Thurs-day the government would encourage mergers and acquisitions among public sector banks. The I-T Act would be amended in February 2005 to facilitate such consolidation. http://www.financialexpress.com/fe_full_story.php?content_id=68326 _______________________________________________________________ RBI Firm On Pvt Bank Norms The Reserve Bank of India on Thursday sent out a clear signal that its proposed norms on ownership and governance of private sector banks may not be significantly watered down. http://www.financialexpress.com/fe_full_story.php?content_id=68327 _______________________________________________________________ Lalu Gets The Lion�s Share In Rs 2,000-Cr GBS Hike Succumbing to political pressures, the finance ministry has agreed to the Planning Commission�s proposal to further augment the gross budgetary support for 2004-05 by Rs 2,000 crore to Rs 12,000 crore. http://www.financialexpress.com/fe_full_story.php?content_id=68328 _______________________________________________________________ Court Frowns On Colgate Ad Dabur India has got interim relief from the Delhi High Court which has restrained its business rival Colgate Palmolive from telecasting a new TV commercial on Colgate tooth powder. The court order will be effective from September 13. http://www.financialexpress.com/fe_full_story.php?content_id=68329 _______________________________________________________________ BOTTOMLINE: Paintings Of The Planet That Cost The Earth Perhaps for the first time ever in the history of Indian contemporary art, a living artist has conducted a financial transaction so huge � a Rs 100-crore deal. It�s MF Husain, of course. http://www.financialexpress.com/fe_full_story.php?content_id=68330 _______________________________________________________________ /------------------------ 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 ******************* Mission Transmission At a time when there�s a crying need to augment investments in power transmission, there seems to be unwanted friction between a willing investor and an unwilling public sector undertaking. http://www.financialexpress.com/fe_full_story.php?content_id=68297 Mohan�s Model Of PSU Reform Delivering a lecture on Indian industry at Trivandrum many years ago, celebrated economist Prof V M Dandekar was asked for his suggestions on improving the performance of public sector industries. http://www.financialexpress.com/fe_full_story.php?content_id=68301 Will National Health Insurance Work? We need to examine the scope and limitations of a national scheme for health insurance before embarking on it. A public debate is necessary to identify the most cost-effective interventions in health-care. http://www.financialexpress.com/fe_full_story.php?content_id=68300 More in Edits & Columns at http://www.financialexpress.com/edits&columns.html _______________________________________________________________ Investor ******************* Principal Floating Mops Up Rs 380 Cr http://www.financialexpress.com/fe_full_story.php?content_id=68353 HLL, ITC Drive Up FMCG Index http://www.financialexpress.com/fe_full_story.php?content_id=68356 More in Investor at http://www.financialexpress.com/investor.html _______________________________________________________________ Money & Banking ******************* Capital Follows Business, Not Regulation, Feel Bankers http://www.financialexpress.com/fe_full_story.php?content_id=68333 �Raising Cap No Issue For Bankers Of Good Standing� http://www.financialexpress.com/fe_full_story.php?content_id=68335 Shriram Group, Ceylinco Insurance In Tie-up http://www.financialexpress.com/fe_full_story.php?content_id=68336 More in Money & Banking at http://www.financialexpress.com/money&banking.html _______________________________________________________________ Economy ******************* PM Defends Montek On World Bank Experts http://www.financialexpress.com/fe_full_story.php?content_id=68347 New Steel Policy In October http://www.financialexpress.com/fe_full_story.php?content_id=68354 Lead Banks Assigned For Core Sectors http://www.financialexpress.com/fe_full_story.php?content_id=68363 More in Economy at http://www.financialexpress.com/economy.html _______________________________________________________________ Politics ******************* Left Charts Out �Priorities� http://www.financialexpress.com/fe_full_story.php?content_id=68344 Advani Regrets Party�s Behaviour In Parliament http://www.financialexpress.com/fe_full_story.php?content_id=68346 More in Politics at http://www.financialexpress.com/politics.html _______________________________________________________________ Corporate ******************* Pharma Cos Rule Out Price Hike http://www.financialexpress.com/fe_full_story.php?content_id=68331 Mouawad Buys Out Stake In Pizza Corner http://www.financialexpress.com/fe_full_story.php?content_id=68337 IFMA Draws Up Plan To Contain Fakes http://www.financialexpress.com/fe_full_story.php?content_id=68343 More in Corporate at http://www.financialexpress.com/corporate.html _______________________________________________________________ Fe Insight ******************* Scientists Need To Have Patent Literacy http://www.financialexpress.com/fe_full_story.php?content_id=68349 Policies Must Help Firms Cope With New Regime http://www.financialexpress.com/fe_full_story.php?content_id=68350 Data Protection Law Is A Must http://www.financialexpress.com/fe_full_story.php?content_id=68351 More in Fe Insight at http://www.financialexpress.com/feinsight.html _______________________________________________________________ News ******************* Cabinet Nod Likely For Asean Flights http://www.financialexpress.com/fe_full_story.php?content_id=68355 Accreditation For Eco Mgmt Planners Likely http://www.financialexpress.com/fe_full_story.php?content_id=68358 Opic, Dabhol Lenders To Meet In London September 21-22 http://www.financialexpress.com/fe_full_story.php?content_id=68360 More in News at http://www.financialexpress.com/news.html _______________________________________________________________ >From The South ******************* Social Audit For Rural Housing Scheme Mooted http://www.financialexpress.com/fe_full_story.php?content_id=68366 AP Govt Extends HSL Rs 45.5 Cr Relief On ST Dues http://www.financialexpress.com/fe_full_story.php?content_id=68367 Centre Clears Rs 1,780 Crore AP Road Projects Under BOT http://www.financialexpress.com/fe_full_story.php?content_id=68368 More in From The South at http://www.financialexpress.com/fromthesouth.html _______________________________________________________________ ********************* EFE ********************* Front Page ******************* Govt Looking At BSNL-MTNL Merger: Ahmad http://www.financialexpress.com/fe_full_story.php?content_id=68305 �FinMin�s Stand On FDI To Be Followed� http://www.financialexpress.com/fe_full_story.php?content_id=68307 New Spin: Re-bid Option A Googly http://www.financialexpress.com/fe_full_story.php?content_id=68306 More in Front Page at http://www.financialexpress.com/efe/frontpage.html _______________________________________________________________ Convergence ******************* Bodhtree Launches ePaper For Print Media http://www.financialexpress.com/fe_full_story.php?content_id=68312 Color Chips To Set Up Production Centre http://www.financialexpress.com/fe_full_story.php?content_id=68313 SlashSupport�s Third Facility In Chennai http://www.financialexpress.com/fe_full_story.php?content_id=68314 More in Convergence at http://www.financialexpress.com/efe/convergence.html _______________________________________________________________ Beyond Business ******************* Taking the pulse of Mumbai�s ageing legends http://www.financialexpress.com/fe_full_story.php?content_id=68319 Couch potatoes no more! http://www.financialexpress.com/fe_full_story.php?content_id=68320 Tulleeho experiences http://www.financialexpress.com/fe_full_story.php?content_id=68321 More in Beyond Business at http://www.financialexpress.com/efe/beyondbusiness.html **************************************************************************************** Visit us at http://www.expressindia.com for indepth coverage of news from around India, updated round the clock. 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