EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Thursday, November 11, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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IA clears PIB hurdle for fleet acquisition plan   
The Public Investment Board has cleared Indian Airlines� ambitious proposal to 
acquire 43 aircraft and has also recommended an equity infusion of Rs 325 
crore. The paid-up capital of Indian Airlines stands at Rs 105.19 crore now.  
http://www.financialexpress.com/fe_full_story.php?content_id=73921  
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Sick PSU bill: Rs 2,000 crore a year  
More than Rs 2,000 crore per annum have been spent on sick and loss-making 
public sector undertakings in the last eight years � without any signs of 
revival.  
http://www.financialexpress.com/fe_full_story.php?content_id=73925  
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Reliance advances insurance renewal   
Taking advantage of the softening international reinsurance market, the 
Reliance Group has placed two massive deals, involving assets of Rs 80,000 
crore, for renewal in the London market.  
http://www.financialexpress.com/fe_full_story.php?content_id=73922  
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Singapore Ceca hits a roadblock  
It has rejected India�s proposal for simultaneous application of all the three 
ROO criteria for these items, saying they are �sensitive� as far as Singapore�s 
economy is concerned.  
http://www.financialexpress.com/fe_full_story.php?content_id=73923  
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Use forex reserves for higher yields: Kalam  
Planning Commission deputy chairman Montek Singh Ahluwalia on Wednesday 
received support from unexpected quarters on his proposal of using foreign 
exchange reserves to fund infrastructure.  
http://www.financialexpress.com/fe_full_story.php?content_id=73924  
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Edits & Columns  
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Regional economic integration in Asia  
Laos will be hosting the Asean summit as well as the third Asean-India summit 
towards the end of the month. Prime Minister  Manmohan Singh will be 
participating in the summit.  
http://www.financialexpress.com/fe_full_story.php?content_id=73871  
  
The silk route of oil diplomacy  
The vast steppes, barren mountains and deserts of Central Asia witnessed a 
struggle for control between imperial Britain and czarist Russia during the 
19th century.  
http://www.financialexpress.com/fe_full_story.php?content_id=73870  
  
Union of shared values  
European Union�s relations with India have developed exponentially in recent 
years in terms of shared vision, goals, and challenges.  
http://www.financialexpress.com/fe_full_story.php?content_id=73872  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Mid-cap funds sitting on cash pile  
http://www.financialexpress.com/fe_full_story.php?content_id=73899  
  
G-Sec outlook seen bleak  
http://www.financialexpress.com/fe_full_story.php?content_id=73900  
  
Sensex up 44 pts, chases 6,000  
http://www.financialexpress.com/fe_full_story.php?content_id=73901  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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Banks turn to export credit refinance  
http://www.financialexpress.com/fe_full_story.php?content_id=73878  
  
Citibank plans 5 new branches   
http://www.financialexpress.com/fe_full_story.php?content_id=73880  
  
Hindujas keen to up IndusInd Bank stake to 40%, await approval from RBI  
http://www.financialexpress.com/fe_full_story.php?content_id=73881  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Coal linkage of 16.3 mt  per year for power plants  
http://www.financialexpress.com/fe_full_story.php?content_id=73919  
  
Oil prices at 7-week low  
http://www.financialexpress.com/fe_full_story.php?content_id=73920  
  
Fighting for survival  
http://www.financialexpress.com/fe_full_story.php?content_id=73918  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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High drama precedes Uma�s suspension   
http://www.financialexpress.com/fe_full_story.php?content_id=73908  
  
BJP also discussed poll agenda, farmers� plight  
http://www.financialexpress.com/fe_full_story.php?content_id=73909  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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Global petrochem upturn to aid margins of domestic players too  
http://www.financialexpress.com/fe_full_story.php?content_id=73884  
  
Govt officials to brief WFW on Dabhol arbitration  
http://www.financialexpress.com/fe_full_story.php?content_id=73885  
  
IOC to hike capacity of oil refinery in Paradip  
http://www.financialexpress.com/fe_full_story.php?content_id=73886  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Fe Insight  
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We�re in transition to a comprehensive power market  
http://www.financialexpress.com/fe_full_story.php?content_id=73896  
  
Designing the right DNA for good urban governance  
http://www.financialexpress.com/fe_full_story.php?content_id=73897  
  
Use foreign exchange reserves to finance development  
http://www.financialexpress.com/fe_full_story.php?content_id=73898  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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News  
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India, Pakistan to re-open consulates  
http://www.financialexpress.com/fe_full_story.php?content_id=73910  
  
�UPA policies must be different from NDA�s�  
http://www.financialexpress.com/fe_full_story.php?content_id=73911  
  
More in News at http://www.financialexpress.com/news.html  
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EFE  
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Front Page  
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Exploding RFID, IM and open source myths  
http://www.financialexpress.com/fe_full_story.php?content_id=73856  
  
Twists in the compensation curve  
http://www.financialexpress.com/fe_full_story.php?content_id=73861  
  
HCL, TCIL, Wipro in race for BSNL�s internet project  
http://www.financialexpress.com/fe_full_story.php?content_id=73855  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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Tata Indicom unveils single-rate  plan for post-paid subscribers  
http://www.financialexpress.com/fe_full_story.php?content_id=73862  
  
Wipro Tech  to develop DSOs on Linux platform  
http://www.financialexpress.com/fe_full_story.php?content_id=73864  
  
�Govt should have clear policy on spectrum allocation�  
http://www.financialexpress.com/fe_full_story.php?content_id=73865  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
  
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