EXPRESSINDIA.COM 
The Indian Express Group 
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The Financial Express daily newsletter 
Edition of Thursday, October 14, 2004 
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THE FINANCIAL EXPRESS 
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TODAY'S TOP STORIES 
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Talk to me, PM tells secretaries 
In a first-of-its kind interaction by any prime minister, Dr Manmohan Singh on 
Wednesday asked over 130 secretary-level officials of the Union government to directly 
approach him, if need be, and be proactive, responsive and �work without fear or 
favour�. 
http://www.financialexpress.com/fe_full_story.php?content_id=71358 
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TCS revenue tops $1 bn in first half 
Tech powerhouse Tata Consultancy Services (TCS) has reported a 51.81%      rise in net 
profit (before exceptional items) to Rs 576.4 crore for the quarter ended September 
30. This is against Rs 379.6 crore for the corresponding period of the previous year. 
http://www.financialexpress.com/fe_full_story.php?content_id=71359 
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GlaxoSmithKline revamps strategy 
The drug multinational with the largest presence in India, the Rs 1,192-crore 
GlaxoSmithKline Pharmace-uticals, has plans to get into in-licensing of patented 
products of global companies which do not have a presence in India. 
http://www.financialexpress.com/fe_full_story.php?content_id=71360 
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Hughes profit up 52% 
Telecom software major Hughes Software Systems has announced a 52% year-on-year rise 
in net profit in the second quarter at Rs 25.8 crore on the back of a strong growth in 
volume. 
http://www.financialexpress.com/fe_full_story.php?content_id=71363 
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After digesting Dalda, Bunge eyes more 
Global agribusiness and food major Bunge Limited plans to grow through a combination 
of acquisitions and alliances in India. 
http://www.financialexpress.com/fe_full_story.php?content_id=71361 
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Montek too questioned FM's plan 
Finance minister P Chidambaram�s Investment Commission proposal did not make it to the 
Cabinet last week not just because of commerce and industry minister Kamal Nath who 
raised the �turf� issue, but also because the Planning Commission found the proposal 
untenable in the present form. 
http://www.financialexpress.com/fe_full_story.php?content_id=71362 
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BOTTOMLINE: Kleptomaniacs think big in wild West 
Those with an urge to steal prefer towels, ashtrays and remote controls, while staying 
in the cosy confines of five-star hotels here. But the story in Europe is different. 
http://www.financialexpress.com/fe_full_story.php?content_id=71364 
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Edits & Columns 
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Talking at cross purposes 
While perusing Union finance minister P Chidambaram�s 14-page note to the Left on the 
need to hike the FDI lid in the telecom sector, the point made by experienced 
negotiators comes to mind. 
http://www.financialexpress.com/fe_full_story.php?content_id=71334 
 
When will the next Indian get a Nobel? 
Come October, one feels a sense of dread when the time draws near to know the winner 
of the Nobel memorial prize in economics. 
http://www.financialexpress.com/fe_full_story.php?content_id=71337 
 
Engaging states in trade aspirations 
This year�s trade policy appears to be most ambitious amongst all previous policies as 
it aims to double India�s share in world trade to 1.5% by 2009. 
http://www.financialexpress.com/fe_full_story.php?content_id=71338 
 
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html 
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Economy 
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CBEC notices to recover Rs 1,880-cr dues 
http://www.financialexpress.com/fe_full_story.php?content_id=71388 
 
Interest rate swap market doubles 
http://www.financialexpress.com/fe_full_story.php?content_id=71365 
 
FIIs make a beeline for India  
http://www.financialexpress.com/fe_full_story.php?content_id=71387 
 
More in Economy at http://www.financialexpress.com/economy.html 
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Politics 
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BJP, Congress both claim majority in polls 
http://www.financialexpress.com/fe_full_story.php?content_id=71370 
 
50-55% voter turnout in crucial Maharashtra Assembly elections 
http://www.financialexpress.com/fe_full_story.php?content_id=71368 
 
Naik�s home state tops in �tainted� petrol pump cancellations  
http://www.financialexpress.com/fe_full_story.php?content_id=71371 
 
More in Politics at http://www.financialexpress.com/politics.html 
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Corporate 
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Mercator Lines Q2 net rises 275% to Rs 32 cr 
http://www.financialexpress.com/fe_full_story.php?content_id=71375 
 
Gujarat readies to swing to the tune of packaged navratri festival 
http://www.financialexpress.com/fe_full_story.php?content_id=71380 
 
Nod for Nalco expansion 
http://www.financialexpress.com/fe_full_story.php?content_id=71390 
 
More in Corporate at http://www.financialexpress.com/corporate.html 
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Fe Insight 
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Telecom: Chinese lead slowing, though India has much catching up to do 
http://www.financialexpress.com/fe_full_story.php?content_id=71381 
 
Political consensus needed on power rates for farmers 
http://www.financialexpress.com/fe_full_story.php?content_id=71382 
 
Where the power should be and how to get there 
http://www.financialexpress.com/fe_full_story.php?content_id=71383 
 
More in Fe Insight at http://www.financialexpress.com/feinsight.html 
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News 
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�India�s contribution to UN peacekeeping must be more evident� 
http://www.financialexpress.com/fe_full_story.php?content_id=71403 
 
No need to revisit fleet acquisition plan: IA board 
http://www.financialexpress.com/fe_full_story.php?content_id=71384 
 
Look what�s stuck in this bottleneck: 5,000 cr 
http://www.financialexpress.com/fe_full_story.php?content_id=71389 
 
More in News at http://www.financialexpress.com/news.html 
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>From The South 
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Polluting companies to face music as deadline nears 
http://www.financialexpress.com/fe_full_story.php?content_id=71407 
 
RBI help sought to bring Wyanad banks to interest-waiver fold 
http://www.financialexpress.com/fe_full_story.php?content_id=71408 
 
Kerala starts arecanut procurement 
http://www.financialexpress.com/fe_full_story.php?content_id=71404 
 
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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Huge investments in pharma sector may hike drug prices 
http://www.financialexpress.com/fe_full_story.php?content_id=71346 
 
Andhra strives to become No 2 state in IT/ITES sector 
http://www.financialexpress.com/fe_full_story.php?content_id=71347 
 
Hughes Software eyes acquisitions 
http://www.financialexpress.com/fe_full_story.php?content_id=71341 
 
More in Front Page at http://www.financialexpress.com/efe/frontpage.html 
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Convergence 
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�India is about software development� 
http://www.financialexpress.com/fe_full_story.php?content_id=71354 
 
Icrisat to set up global aflatoxin test centres 
http://www.financialexpress.com/fe_full_story.php?content_id=71355 
 
Nasscom, ITA pact on cyber security 
http://www.financialexpress.com/fe_full_story.php?content_id=71356 
 
More in Convergence at http://www.financialexpress.com/efe/convergence.html 
 
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