EXPRESSINDIA.COM The Indian Express Group _________________________________________________________________ The Financial Express daily newsletter Edition of Thursday, September 16, 2004 _________________________________________________________________ ********************* THE FINANCIAL EXPRESS ********************* TODAY'S TOP STORIES ******************* China May Get MFN Status This may come as a surprise to the ministry of home affairs. Security concerns of the government�s intelligence agencies notwithstanding, the ministry of external affairs is quietly pushing for a Bilateral Investment Promotion and Protection Agreement with China. http://www.financialexpress.com/fe_full_story.php?content_id=68928 _______________________________________________________________ IOC, OIL May Float Overseas Venture Indian Oil Corporation and Oil India Ltd are close to striking a strategic alliance for jointly undertaking oil exploration in India and abroad. While there is no official word yet on their proposed merger, the petroleum ministry has directed the two companies to exploit their technical and financial synergies. http://www.financialexpress.com/fe_full_story.php?content_id=68929 _______________________________________________________________ Govt Seeks 60 More Days To File Dabhol Defence The government of India has sought a 60-day extension from the Arbitral Tribunal in London for filing a defence statement after GE blocked the appointment of Evershed as India�s new solicitor firm in the UK. http://www.financialexpress.com/fe_full_story.php?content_id=68930 _______________________________________________________________ And Now, A Commodities Index Refco Commodities on Wednesday launched India�s first commodity index comprising the eight most-traded commodities in the futures markets. The commodities include precious metals and agro produce. http://www.financialexpress.com/fe_full_story.php?content_id=68931 _______________________________________________________________ Broadband To Get A Boost In a move to boost broadband connectivity, the government is considering a slew of measures including a cut in both spectrum and licence fee for VSAT (very small aperture terminals) and DTH (direct-to-home) operators. http://www.financialexpress.com/fe_full_story.php?content_id=68932 _______________________________________________________________ DD-Ten Sports May Steal The Innings The lowest bidder is back in the reckoning. Dubai-based Ten Sports may steal the gameshow by striking an �emergency short-term deal� with the Board of Control for Cricket in India. http://www.financialexpress.com/fe_full_story.php?content_id=68933 _______________________________________________________________ BOTTOMLINE: High Drama At Birla Corp AGM; Lodha Chairs Meet It was hardly business as usual at the 84th annual general meeting of Birla Corporation Ltd, flagship company of the MP Birla Group, here on Wednesday. The company�s spell of cordial AGMs was clearly broken. http://www.financialexpress.com/fe_full_story.php?content_id=68934 _______________________________________________________________ /------------------------ 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 ******************* Social Dimensions Of The Labour Market Few picked up an astonishing fact that MBAs and engineers figured among the 10,000-odd unemployed young men who applied for two posts of peons advertised by the State Election Commission of Delhi and Chandigarh. http://www.financialexpress.com/fe_full_story.php?content_id=68876 Talk Business With Uncle Sam Prime Minister Manmohan Singh is meeting President George W Bush in New York soon. This may be a good opportunity for the PM to spell out the possibility of enhancing economic relations between the world�s two largest democracies. http://www.financialexpress.com/fe_full_story.php?content_id=68880 Legal Side Of Dabhol Arbitration proceedings under bilateral investment treaties, such as the one initiated by GE and Bechtel against the government of India in relation to the Dabhol project under the Indo-Mauritius Bilateral Investment Promotion and Protection Agreement, are not just simple private disputes but impact the international perception of a nation as an investment destination. http://www.financialexpress.com/fe_full_story.php?content_id=68882 More in Edits & Columns at http://www.financialexpress.com/edits&columns.html _______________________________________________________________ Investor ******************* Tata Cos Lead Mid-cap Rally http://www.financialexpress.com/fe_full_story.php?content_id=68870 Sebi Bars CSFB From Markets For 3 Months http://www.financialexpress.com/fe_full_story.php?content_id=68871 Sensex Ends Flat At 5420 http://www.financialexpress.com/fe_full_story.php?content_id=68872 More in Investor at http://www.financialexpress.com/investor.html _______________________________________________________________ Money & Banking ******************* LIC Cuts Bonus On �With Profit� Policies As Yields Dip http://www.financialexpress.com/fe_full_story.php?content_id=68888 Int�l Assets, Liabilities Of Indian Banks On Upswing http://www.financialexpress.com/fe_full_story.php?content_id=68890 Sidbi Plans Credit Rating Agency For SME Sector http://www.financialexpress.com/fe_full_story.php?content_id=68891 More in Money & Banking at http://www.financialexpress.com/money&banking.html _______________________________________________________________ Economy ******************* PM To Talk Reforms At UN Too http://www.financialexpress.com/fe_full_story.php?content_id=68921 Separate IP-II Licences For NLD Operators Likely Soon http://www.financialexpress.com/fe_full_story.php?content_id=68923 GM Russian Arm Leads Race To Buy Daewoo ETA Plant http://www.financialexpress.com/fe_full_story.php?content_id=68924 More in Economy at http://www.financialexpress.com/economy.html _______________________________________________________________ Corporate ******************* Centre Plans To Offload 10% Of RCF, Shipping Corp In Market http://www.financialexpress.com/fe_full_story.php?content_id=68858 MP Died Intestate & Priyamvada Was Inheritor: Lodha http://www.financialexpress.com/fe_full_story.php?content_id=68859 Sassenrath To Continue As Trevira CEO http://www.financialexpress.com/fe_full_story.php?content_id=68860 More in Corporate at http://www.financialexpress.com/corporate.html _______________________________________________________________ Fe Insight ******************* The Messy Machine Of Urban Development Chugs Along http://www.financialexpress.com/fe_full_story.php?content_id=68914 Taking The Exchequer Offtrack http://www.financialexpress.com/fe_full_story.php?content_id=68915 Private Firms Chaff Under Burden http://www.financialexpress.com/fe_full_story.php?content_id=68916 More in Fe Insight at http://www.financialexpress.com/feinsight.html _______________________________________________________________ Commodities ******************* Govt May Announce 10% Cut In Edible Oil Base Import Prices http://www.financialexpress.com/fe_full_story.php?content_id=68881 Edible Oil Imports Peak In August 2004 http://www.financialexpress.com/fe_full_story.php?content_id=68883 More in Commodities at http://www.financialexpress.com/commodities.html _______________________________________________________________ News ******************* �Concentrate On Law & Order In Delhi� http://www.financialexpress.com/fe_full_story.php?content_id=68909 BJP Advocates Two-children Norm For Contestants http://www.financialexpress.com/fe_full_story.php?content_id=68910 More in News at http://www.financialexpress.com/news.html _______________________________________________________________ >From The South ******************* No End In Sight To Kerala Plantation Strike http://www.financialexpress.com/fe_full_story.php?content_id=68917 Green Business Summit Begins On Sept 21 http://www.financialexpress.com/fe_full_story.php?content_id=68918 Ficci Evolves Dynamic Karnataka Programme http://www.financialexpress.com/fe_full_story.php?content_id=68919 More in From The South at http://www.financialexpress.com/fromthesouth.html _______________________________________________________________ ********************* EFE ********************* Front Page ******************* Sun Opens Second ISV Partner Lab http://www.financialexpress.com/fe_full_story.php?content_id=68849 Citibank, OrbiTech Sell 3% Stake In Polaris http://www.financialexpress.com/fe_full_story.php?content_id=68850 �India Can Be Global Outsourcing Hub For Drug Discovery Process� http://www.financialexpress.com/fe_full_story.php?content_id=68851 More in Front Page at http://www.financialexpress.com/efe/frontpage.html _______________________________________________________________ Convergence ******************* Saregama Music Tracks Now Available On MSN Website http://www.financialexpress.com/fe_full_story.php?content_id=68854 Monsanto Sets Up Offshore Centre With Yash Tech http://www.financialexpress.com/fe_full_story.php?content_id=68855 Bharti Clubs Telecom Services Under Airtel Brand http://www.financialexpress.com/fe_full_story.php?content_id=68856 More in Convergence at http://www.financialexpress.com/efe/convergence.html **************************************************************************************** Visit us at http://www.expressindia.com for indepth coverage of news from around India, updated round the clock. 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