EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Wednesday, October 13, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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SBI raises $500 million for overseas expansion  
State Bank of India, the country�s largest commercial bank, has raised $500 million 
(about Rs 2,300 crore) by way of an overseas syndicated loan to fund its expansion 
plan outside India. The bank raised the amount in two equal tranches.  
http://www.financialexpress.com/fe_full_story.php?content_id=71276  
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Infosys Q2 resultsbeat expectations  
Buoyed by the trend of outsourcing in newer industry verticals and from newer 
geographies, IT bellwether Infosys Technologies announced a better-than-expected 
performance, with revenue jumping by 52% and profit by 49% year on year.  
http://www.financialexpress.com/fe_full_story.php?content_id=71281  
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India up three notches in FDI Index  
India is speeding ahead and may soon overtake the US as the second-most favoured 
destination for foreign direct investment.  
http://www.financialexpress.com/fe_full_story.php?content_id=71286  
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Now MTNL hands out Rs 100cr bill to Reliance   
Mahanagar Telephone Nigam Limited has sent a Rs 100-crore bill to Reliance Infocomm 
for routing international calls as local calls.  
http://www.financialexpress.com/fe_full_story.php?content_id=71279  
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Empowered Cabinet group  may take up PSE problems  
On Wednesday, the Cabinet will consider the proposal to set up an empowered group of 
ministers for sale of minority stake in public sector enterprises. The draft 
disinvestment policy will, however, not be taken up.  
http://www.financialexpress.com/fe_full_story.php?content_id=71283  
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RBI may not buy IDBI�s priority sector plea  
The Reserve Bank is unlikely to agree to Industrial Development Bank of India Ltd�s 
request of including development finance within the ambit of priority sector.  
http://www.financialexpress.com/fe_full_story.php?content_id=71285  
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Edits & Columns  
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The quotidian flavour of Press Note 18  
It is important to follow a strategy that takes into account the strategies followed 
by others, instead of getting tied down to ideologies or processes.  
http://www.financialexpress.com/fe_full_story.php?content_id=71257  
  
India a lead player among G-20 nations  
There is a change of guard at the helm of the Indian mission to the World Trade 
Organisation. Ambas-sador KM Chandrasekhar will move to New Delhi as revenue secretary 
later this month and will be replaced by an equally gentle and sharp negotiator, US 
Bhatia.  
http://www.financialexpress.com/fe_full_story.php?content_id=71258  
  
Shell shocked!  
With the onset of autumn, the country was suddenly shell-shocked by the heat generated 
from explosions on 9/30. These originated from live shells mixed up in heaps of 
imported ferrous waste and scrap.  
http://www.financialexpress.com/fe_full_story.php?content_id=71266  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Sensex down 41 pts  
http://www.financialexpress.com/fe_full_story.php?content_id=71275  
  
Shriram group to foray into insurance business  
http://www.financialexpress.com/fe_full_story.php?content_id=71278  
  
SAT grants fee continuity benefit for stock brokers  
http://www.financialexpress.com/fe_full_story.php?content_id=71271  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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SBI to fund core projects at 8.5-10%  
http://www.financialexpress.com/fe_full_story.php?content_id=71287  
  
State Bank sets up SBUs for middle rung companies  
http://www.financialexpress.com/fe_full_story.php?content_id=71291  
  
Udeshi urges banks to share credit-related information  
http://www.financialexpress.com/fe_full_story.php?content_id=71294  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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ECCO India  debut in early 2005  
http://www.financialexpress.com/fe_full_story.php?content_id=71289  
  
ABN Amro to offer faster settlement  
http://www.financialexpress.com/fe_full_story.php?content_id=71293  
  
No urban explosion, says Rakesh Mohan  
http://www.financialexpress.com/fe_full_story.php?content_id=71284  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Three Lok Sabha, 39 Assembly seats go to polls today  
http://www.financialexpress.com/fe_full_story.php?content_id=71306  
  
NDA must explain pump scam: RJD  
http://www.financialexpress.com/fe_full_story.php?content_id=71308  
  
UPA assures Left on security  and commitment to CMP  
http://www.financialexpress.com/fe_full_story.php?content_id=71302  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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Coke brings in official for damage control  
http://www.financialexpress.com/fe_full_story.php?content_id=71261  
  
Amara Raja inks pact with Maruti for battery supply  
http://www.financialexpress.com/fe_full_story.php?content_id=71267  
  
Infosys Appeals against court ruling  
http://www.financialexpress.com/fe_full_story.php?content_id=71260  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Commodities  
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Tribal agitation, high prices leave tamarind consumers in the lurch  
http://www.financialexpress.com/fe_full_story.php?content_id=71280  
  
Limtex in pact with Markfed to market <i>Nargis</i> In Punjab  
http://www.financialexpress.com/fe_full_story.php?content_id=71282  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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News  
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Plan, finance panels discuss ways to reduce states� fiscal woes  
http://www.financialexpress.com/fe_full_story.php?content_id=71290  
  
Nath seeks FDI in UK  
http://www.financialexpress.com/fe_full_story.php?content_id=71292  
  
Nobel economists� papers led to monetary policy reforms  
http://www.financialexpress.com/fe_full_story.php?content_id=71309  
  
More in News at http://www.financialexpress.com/news.html  
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>From The South  
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Interim relief, bonus for TNEB, transport staff  
http://www.financialexpress.com/fe_full_story.php?content_id=71312  
  
PowerGrid plans Rs 5000 crore investment in southern region  
http://www.financialexpress.com/fe_full_story.php?content_id=71313  
  
250 ml pint bottles of Kingfisher launched in Karnataka  
http://www.financialexpress.com/fe_full_story.php?content_id=71314  
  
More in From The South at http://www.financialexpress.com/fromthesouth.html  
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EFE  
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Front Page  
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Telecom customer satisfaction ratings take a beating  
http://www.financialexpress.com/fe_full_story.php?content_id=71245  
  
�50 channels to turn pay soon�  
http://www.financialexpress.com/fe_full_story.php?content_id=71238  
  
Move to increase H1B visa allocation gets a  thumbs up from India  
http://www.financialexpress.com/fe_full_story.php?content_id=71239  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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DD slaps bills on private channels for Olympic footage   
http://www.financialexpress.com/fe_full_story.php?content_id=71250  
  
Intel to open training centre  
http://www.financialexpress.com/fe_full_story.php?content_id=71256  
  
Divergent industry views delay interconnect norms  
http://www.financialexpress.com/fe_full_story.php?content_id=71248  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
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Women @ Work  
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Doctoring the doctor�s job  
http://www.financialexpress.com/fe_full_story.php?content_id=71235  
  
The next-generation takeover  
http://www.financialexpress.com/fe_full_story.php?content_id=71236  
  
More in Women @ Work at http://www.financialexpress.com/efe/[EMAIL PROTECTED]  
  
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