EXPRESSINDIA.COM
The Indian Express Group
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The Financial Express daily newsletter
Edition of Friday, November 05, 2004
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THE FINANCIAL EXPRESS
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TODAY'S TOP STORIES
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Oil PSUs merger to be long-drawn affair
The government has ruled out a mega merger of public sector undertakings in the
state-owned oil sector to create a monolith. It has also not taken any final decision
on merging IOC with Oil India Ltd or HPCL and BPCL with ONGC.
http://www.financialexpress.com/fe_full_story.php?content_id=73384
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Major hike in petrol, LPG diesel prices
The government has decided to hike prices of petrol, diesel and LPG from Thursday
midnight. However, there will be no hike in kerosene price.
http://www.financialexpress.com/fe_full_story.php?content_id=73385
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SBI, associates to merge in a year
A �virtual merger� of State Bank of India with its seven associate banks will take
place in 6-12 months as part of a consolidation exercise.
http://www.financialexpress.com/fe_full_story.php?content_id=73387
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New power projects limit tariff to Rs 2.20
Good news for power consumers. The per unit tariff from eight new independent power
producers with total generating capacity of 11,000 mw would be restricted to Rs
2-2.20.
http://www.financialexpress.com/fe_full_story.php?content_id=73388
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Europe trails US in BPO gains
Outsourcing is supposed to be a win-win situation for countries at both the receiving
and giving ends. But while this economic mantra may hold true when the US sends jobs
to India, it�s not quite applicable to Europe when it takes the same path.
http://www.financialexpress.com/fe_full_story.php?content_id=73389
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Fast-moving consumer goods show slow growth
Impressed by the feel-good Q2 results of some of the FMCG majors? Here�s a reality
check. Despite higher growth rates witnessed in certain categories in the first half
of the current year vis-a-vis last year, the underlying trend isn�t all that great.
http://www.financialexpress.com/fe_full_story.php?content_id=73386
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Edits & Columns
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State VAT: a rambling course
The Centre has reiterated its commitment to compensate all losses in the first year of
introduction, 75% in the second and 50% in the third year.
http://www.financialexpress.com/fe_full_story.php?content_id=73369
Economics of criminalisation and corruption
In India�s poorest state of Bihar too, Pappu Yadav, who strikes terror in the hearts
of rival gangs and law-abiding citizens, won with a massive majority and is now a Lok
Sabha member.
http://www.financialexpress.com/fe_full_story.php?content_id=73367
Let private enterprise take the lead
There is one interesting similarity between all these fast growing sectors: government
activity in these sectors � defined by either government monopoly, or significant
dependence on government for regulations � was either non-existent, has been severely
reduced, or removed altogether.
http://www.financialexpress.com/fe_full_story.php?content_id=73368
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html
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Investor
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Turnover of non-A group stocks hits record high of Rs 513 crore
http://www.financialexpress.com/fe_full_story.php?content_id=73375
UTI MF to dish out two offshore schemes in Dec
http://www.financialexpress.com/fe_full_story.php?content_id=73376
Sharp fall in Sebi penalty amounts
http://www.financialexpress.com/fe_full_story.php?content_id=73377
More in Investor at http://www.financialexpress.com/investor.html
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Money & Banking
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Rupee surges to near five month closing high at 45.21
http://www.financialexpress.com/fe_full_story.php?content_id=73331
Centre announces Rs 8,000 crore price-based auction
http://www.financialexpress.com/fe_full_story.php?content_id=73332
Allahabad Bank increases deposit rates by 25-50 bps
http://www.financialexpress.com/fe_full_story.php?content_id=73335
More in Money & Banking at http://www.financialexpress.com/money&banking.html
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Economy
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Manmohan to secretaries: Use carrot and stick systems
http://www.financialexpress.com/fe_full_story.php?content_id=73356
Binny attempts revival with new Rs 45 crore facility
http://www.financialexpress.com/fe_full_story.php?content_id=73358
First millennium development goals report to be prepared by fiscal-end
http://www.financialexpress.com/fe_full_story.php?content_id=73359
More in Economy at http://www.financialexpress.com/economy.html
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Politics
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NDA meet on Nov 14 to take up Ayodhya issue
http://www.financialexpress.com/fe_full_story.php?content_id=73339
Uma appeased, made BJP general secretary
http://www.financialexpress.com/fe_full_story.php?content_id=73340
CPI-M assures UPA of continuing support
http://www.financialexpress.com/fe_full_story.php?content_id=73342
More in Politics at http://www.financialexpress.com/politics.html
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Corporate
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Sanofi Aventis starts local merger
http://www.financialexpress.com/fe_full_story.php?content_id=73346
Bengal picks up Tata�s 11% stake in Haldia Petrochem
http://www.financialexpress.com/fe_full_story.php?content_id=73347
Air Deccan for Nasscom-like platform in aviation
http://www.financialexpress.com/fe_full_story.php?content_id=73348
More in Corporate at http://www.financialexpress.com/corporate.html
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Fe Insight
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Full throttle into the knowledge frontiers
http://www.financialexpress.com/fe_full_story.php?content_id=73371
End dysfunction between R&D policy and the problems people face
http://www.financialexpress.com/fe_full_story.php?content_id=73373
Understanding data on jobs
http://www.financialexpress.com/fe_full_story.php?content_id=73372
More in Fe Insight at http://www.financialexpress.com/feinsight.html
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News
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India, EU set to double trade by �08
http://www.financialexpress.com/fe_full_story.php?content_id=73344
West Bengal may seek private partners in healthcare sector
http://www.financialexpress.com/fe_full_story.php?content_id=73345
More in News at http://www.financialexpress.com/news.html
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>From The South
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KSRTC pushed to wall as BPCL, IOC threaten to cut fuel-line
http://www.financialexpress.com/fe_full_story.php?content_id=73390
ITC launches Sunfeast in Kerala
http://www.financialexpress.com/fe_full_story.php?content_id=73391
European Pharmacopoeia's 5th edition for general monographs soon
http://www.financialexpress.com/fe_full_story.php?content_id=73392
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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No relying on our network in Kolkata, BSNL tells Reliance
http://www.financialexpress.com/fe_full_story.php?content_id=73316
Delhi HC dismisses Reliance petition
http://www.financialexpress.com/fe_full_story.php?content_id=73317
BharatMatrimony seeks patent for �unique� service
http://www.financialexpress.com/fe_full_story.php?content_id=73318
More in Front Page at http://www.financialexpress.com/efe/frontpage.html
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Convergence
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Time for IT sector to look within now, feel experts
http://www.financialexpress.com/fe_full_story.php?content_id=73324
Unesco to set up biotech centre
http://www.financialexpress.com/fe_full_story.php?content_id=73327
New range of Canon printers unveiled
http://www.financialexpress.com/fe_full_story.php?content_id=73328
More in Convergence at http://www.financialexpress.com/efe/convergence.html
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Beyond Business
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BBQ bonanza
http://www.financialexpress.com/fe_full_story.php?content_id=73312
The Muse works on order
http://www.financialexpress.com/fe_full_story.php?content_id=73311
More in Beyond Business at http://www.financialexpress.com/efe/beyondbusiness.html
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