EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Saturday, September 11, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Clear Merger Signal: BSNL, MTNL Restrained From Crossing Wires   
The government has ruled out allowing Bharat Sanchar Nigam Ltd and Mahanagar Telephone 
Nigam Ltd to tread into each others� territory, sending a clear message to their brass 
that plans to merge the two companies had been firmed up. A senior government official 
told <i>FE</i> that the two companies were keen to expand their operations in new 
areas.  
http://www.financialexpress.com/fe_full_story.php?content_id=68453  
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Dalmia, DSQ Soft Banned From Mkt For 10 Years  
The Securities and Exchange Board of India has banned DSQ Software and its managing 
director Dinesh Dalmia from the market for 10 years.  
http://www.financialexpress.com/fe_full_story.php?content_id=68454  
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Inflation Hits 40-Mth High At 8.33%, Future Not Tense  
The government can expect some comfort next week with the �low base effect� making way 
for a high index base and mitigating the inflationary pressures.  
http://www.financialexpress.com/fe_full_story.php?content_id=68455  
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ITC Wins Back SC Favour  
The Supreme Court on Friday pronounced a judgement in favour of ITC Ltd on appeals 
before the court on excise disputes of Rs 803 crore for the period 1983 to 1987.  
http://www.financialexpress.com/fe_full_story.php?content_id=68456  
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Let Other Channels Also Bid: Experts  
Bombay High Court has asked only Zee Telefilms and ESPN-STAR Sports to submit fresh 
bids for the four-year telecast rights to cricket matches in India.  
http://www.financialexpress.com/fe_full_story.php?content_id=68457  
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Disney CEO To Step Down   
Walt Disney chief executive officer Michal Eisner said he planned to resign in 2006 
after two decades in the media giant. He said this in an interview published today by 
<i>The Wall Street Journal</i>.  
http://www.financialexpress.com/fe_full_story.php?content_id=68459  
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BOTTOMLINE: The Tourists Are Coming, But Not By Air   
A string of bilaterals, significant air capacity addition and a buoyant tourism 
industry failed to shore up the air traffic movement in the country.  
http://www.financialexpress.com/fe_full_story.php?content_id=68458  
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Edits & Columns  
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A Cricketer And A Gentleman  
Eight years, 78 test matches and 6,855 runs after his debut, Rahul Dravid has been 
awarded International Cricket Council�s best player as well as best test player of the 
year award for his performance during the 2003-04 season.  
http://www.financialexpress.com/fe_full_story.php?content_id=68414  
  
Strengthening Panchayati Raj Institutions  
Ten years after enacting the panchayati raj legislation in conformity with part IX of 
the Constitution, most state governments have not devolved any substantive powers upon 
panchayats.   
http://www.financialexpress.com/fe_full_story.php?content_id=68415  
  
Abusive Rhetoric, Insipid Whine  
Yashwant Sinha refers to Manmohan Singh as <I>Shikhandi</I>. Is it because they have 
never heard the word, haven�t read the Mahabharata or is it that they do not see the 
indignity of Sinha�s utterance?  
http://www.financialexpress.com/fe_full_story.php?content_id=68416  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Sensex Hits Highest Level Since May 13  
http://www.financialexpress.com/fe_full_story.php?content_id=68424  
  
Volatility In Mid-Cap Stocks Down  Despite Popularity  
http://www.financialexpress.com/fe_full_story.php?content_id=68425  
  
Mid-cap Stocks Witness Block Deals On BSE, NSE  
http://www.financialexpress.com/fe_full_story.php?content_id=68426  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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Need To Expand Top Rung At PSBs: Udeshi  
http://www.financialexpress.com/fe_full_story.php?content_id=68447  
  
RBI Plans To Obtain ISO 9000 Certification For Functions  
http://www.financialexpress.com/fe_full_story.php?content_id=68448  
  
Dena Bank Second Equity Offer Likely Next Quarter  
http://www.financialexpress.com/fe_full_story.php?content_id=68449  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Capital Goods Sector Pushes Up IIP To 7.9%  
http://www.financialexpress.com/fe_full_story.php?content_id=68433  
  
HAL Bags  $86 Million Overseas Contracts    
http://www.financialexpress.com/fe_full_story.php?content_id=68434  
  
Easier Bank Investment Norms May Hit Primary Dealers  
http://www.financialexpress.com/fe_full_story.php?content_id=68438  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Centre Recasts GoM On Dabhol  
http://www.financialexpress.com/fe_full_story.php?content_id=68443  
  
BJP Flags Off <I>Tiranga Yatra</I>  
http://www.financialexpress.com/fe_full_story.php?content_id=68444  
  
No Savarkar Issue For M�rashtra Polls  
http://www.financialexpress.com/fe_full_story.php?content_id=68445  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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US Pharmacopeia To Set Up Research-based Centre In India  
http://www.financialexpress.com/fe_full_story.php?content_id=68397  
  
VSP Mulls JVs Abroad To Tide Over Coal Deficiency  
http://www.financialexpress.com/fe_full_story.php?content_id=68398  
  
Hyundai Motor Launches <I>Getz</I>  
http://www.financialexpress.com/fe_full_story.php?content_id=68399  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Commodities  
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Turnover On NCDEX Nears Rs 5,000 Crore  
http://www.financialexpress.com/fe_full_story.php?content_id=68430  
  
New Code To Improve Coffee Production  
http://www.financialexpress.com/fe_full_story.php?content_id=68431  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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Fe World  
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Separate In Private, Unified In Public  
http://www.financialexpress.com/fe_full_story.php?content_id=68419  
  
Getting Set For The Summit  
http://www.financialexpress.com/fe_full_story.php?content_id=68421  
  
Spotlight On Hutch Listing  
http://www.financialexpress.com/fe_full_story.php?content_id=68422  
  
More in Fe World at http://www.financialexpress.com/feworld.html  
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News  
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Global VCs Zoom In On Unlisted Pharma Cos  
http://www.financialexpress.com/fe_full_story.php?content_id=68432  
  
No Threat To Indian Businessmen: Deuba  
http://www.financialexpress.com/fe_full_story.php?content_id=68435  
  
Govt Wants Private Cos In Conservation Programme  
http://www.financialexpress.com/fe_full_story.php?content_id=68437  
  
More in News at http://www.financialexpress.com/news.html  
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INDIA INC  
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Howzzat: That�s Cricket!  
http://www.financialexpress.com/fe_full_story.php?content_id=68387  
  
Fiat�s Brand New Roadmap  
http://www.financialexpress.com/fe_full_story.php?content_id=68388  
  
H&R Johnson: Walking Along A New Path  
http://www.financialexpress.com/fe_full_story.php?content_id=68390  
  
More in India Inc at http://www.financialexpress.com/inc/indiainc.html  
  
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