EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Wednesday, November 10, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Price curbs on control free drugs proposed   
The government is stretching out its hands to the Rs 17,000 crore drugs market 
that is outside price control. A high-level government committee on drug 
pricing has proposed maximum permissible price increase limits for 
non-scheduled drugs, which at present do not attract any price control. 
According to official sources, the Sandhu commitee on drug pricing set up by 
chemicals and fertiliser minister Ram Vilas Paswan two months ago.  
http://www.financialexpress.com/fe_full_story.php?content_id=73819  
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LIC seeks payout exemption  
With its public offer plan nixed, Life Insurance Corporation has now asked the 
finance ministry to spare it from the requirement to pay 5% of its 
distributable surplus to the government this fiscal.  
http://www.financialexpress.com/fe_full_story.php?content_id=73821  
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PM assures CEOs tariffs will be at Asean levels  
Prime Minister Manmohan Singh has reiterated his government�s commitment to 
bringing down tariff levels to Asean levels. Stating this at an interactive 
session with Indian and European CEOs at The Hague on Monday, he said the next 
budget will focus on tax reform.  
http://www.financialexpress.com/fe_full_story.php?content_id=73822  
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MF major Vanguard eyes India  
The Fidelity effect is clearly rubbing off on the MF industry. The latest buzz 
is that the Vanguard group, housing the world�s second largest mutual fund with 
over $550 billion assets under management, is now eyeing the Indian MF space.  
http://www.financialexpress.com/fe_full_story.php?content_id=73823  
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Ghost ship floats on hope  
�Sit straight,� barks the peon at the reception, �the administrator is coming�. 
That is the only excitement of the day at the CSE, a shadow of its former self 
with a daily turnover of at best Rs 10 crore, against Rs 2,000 crore before the 
stock scam of 2001 killed it. The administrator, TK Das, prefers not to 
interact with anybody, not even brokers, let alone media.  
http://www.financialexpress.com/fe_full_story.php?content_id=73820  
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Edits & Columns  
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Opening up a window of opportunities  
Indian teachers could soon have something to thank George Bush for. In January 
2002, the American President signed an act that is now lighting the sparks of 
what could become a huge outsourcing opportunity for India.  
http://www.financialexpress.com/fe_full_story.php?content_id=73774  
  
Medium-term energy strategy imperatives  
Rethinking of the power strategy has currently been on lines of unbundling 
generation and transmission, allowing private operators to distribute and 
collect power charges.  
http://www.financialexpress.com/fe_full_story.php?content_id=73773  
  
Kolkata <i>masala</i>  
Kolkata�s media has plenty of masala stories of late. First, came the arrest of 
a Most Wanted goon from the house of a national footballer.  
http://www.financialexpress.com/fe_full_story.php?content_id=73775  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Sebi lays down road map for demutualisation of bourses  
http://www.financialexpress.com/fe_full_story.php?content_id=73828  
  
LIC asks agents to bank with Corporation Bank  
http://www.financialexpress.com/fe_full_story.php?content_id=73829  
  
�Govt to decide on number of pension fund managers�  
http://www.financialexpress.com/fe_full_story.php?content_id=73830  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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SBI spots funds diversion of Rs 1,252 cr by firms  
http://www.financialexpress.com/fe_full_story.php?content_id=73781  
  
RBI panel proposes two-tier system for debt restructuring of SMEs  
http://www.financialexpress.com/fe_full_story.php?content_id=73782  
  
Allahabad Bank records 30% growth in agri credit  
http://www.financialexpress.com/fe_full_story.php?content_id=73784  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Barrett to meet PM, Montek and Maran  
http://www.financialexpress.com/fe_full_story.php?content_id=73805  
  
John Rose driving in  
http://www.financialexpress.com/fe_full_story.php?content_id=73806  
  
Refund Rs 200 crore to Leela Hotels, HC directs Hudco  
http://www.financialexpress.com/fe_full_story.php?content_id=73809  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Cong, NCP veterans fail to get berth in Maharashtra cabinet  
http://www.financialexpress.com/fe_full_story.php?content_id=73789  
  
Roll back oil price hike: Left  
http://www.financialexpress.com/fe_full_story.php?content_id=73790  
  
Bhajan Lal  will remain Haryana Congress chief  
http://www.financialexpress.com/fe_full_story.php?content_id=73791  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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M&M enters China via JV with Jiangling Motor Corporation  
http://www.financialexpress.com/fe_full_story.php?content_id=73794  
  
Henkel Spic, Henkel India swap ratio fixed at 1:1  
http://www.financialexpress.com/fe_full_story.php?content_id=73795  
  
Petronet LNG floats global tender for EPC contracts for Dahej expansion  
http://www.financialexpress.com/fe_full_story.php?content_id=73796  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Fe Insight  
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Read the fine print if you want goddess Lakshmi in your home  
http://www.financialexpress.com/fe_full_story.php?content_id=73777  
  
It depends on dollar, oil and fund interest  
http://www.financialexpress.com/fe_full_story.php?content_id=73779  
  
Opening up of insurance will give healthcare a facelift  
http://www.financialexpress.com/fe_full_story.php?content_id=73780  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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Commodities  
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Upasi seeks amendment to bring in tea exports under Tea Board  
http://www.financialexpress.com/fe_full_story.php?content_id=73833  
  
Oil prices flow down as supplies ease  
http://www.financialexpress.com/fe_full_story.php?content_id=73835  
  
Higher prices  dampen festival demand for gold  
http://www.financialexpress.com/fe_full_story.php?content_id=73837  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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News  
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PIB to take up IA move to increase equity base today  
http://www.financialexpress.com/fe_full_story.php?content_id=73808  
  
No precondition on states debt as of now: Montek  
http://www.financialexpress.com/fe_full_story.php?content_id=73810  
  
Modified formula for ORS soon  
http://www.financialexpress.com/fe_full_story.php?content_id=73811  
  
More in News at http://www.financialexpress.com/news.html  
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>From The South  
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Himalaya Drug launches herbal range of baby care products  
http://www.financialexpress.com/fe_full_story.php?content_id=73825  
  
Hyderabad helmet mela to keep black-marketeers at bay  
http://www.financialexpress.com/fe_full_story.php?content_id=73826  
  
1638 mw wind power generation capacity in TN  
http://www.financialexpress.com/fe_full_story.php?content_id=73827  
  
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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GoM meet to focus on definition of �news�  
http://www.financialexpress.com/fe_full_story.php?content_id=73758  
  
MTNL not to disconnect Reliance PoIs  
http://www.financialexpress.com/fe_full_story.php?content_id=73759  
  
Routing ILD calls: dialling wrong number  
http://www.financialexpress.com/fe_full_story.php?content_id=73760  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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Entrepreneurship is new Indian buzzword  
http://www.financialexpress.com/fe_full_story.php?content_id=73763  
  
IIT alumni meet in December  
http://www.financialexpress.com/fe_full_story.php?content_id=73769  
  
Merger of EnvestnetPMC and NAM triggers hiring spree in India  
http://www.financialexpress.com/fe_full_story.php?content_id=73764  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
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Women @ Work  
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Having family around helps  
http://www.financialexpress.com/fe_full_story.php?content_id=73757  
  
Saying goodbye to bulls and bears  
http://www.financialexpress.com/fe_full_story.php?content_id=73755  
  
She knows how to catch your eye  
http://www.financialexpress.com/fe_full_story.php?content_id=73756  
  
More in Women @ Work at http://www.financialexpress.com/efe/[EMAIL PROTECTED]  
  
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