EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Friday, November 12, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Financial sector gets a leg-up  
Briefing mediapersons after the Cabinet meeting, finance minister P Chidambaram 
said the bill aimed at setting up PFRDA, would be introduced in the winter 
session of Parliament. It would lay down investment criteria and the capital 
requirement for the pension fund managers.  
http://www.financialexpress.com/fe_full_story.php?content_id=74017  
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At long last, air cleared over Securitisation Act  
The Cabinet on Thursday approved the proposal to amend the Securitisation And 
Reconstruction of Financial Assets and Enforcement of Security Interest Act to 
enable banks and financial institutions recover bad loans.  
http://www.financialexpress.com/fe_full_story.php?content_id=74018  
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Cabinet to take up ground handling plans of A-I, AAI   
The civil aviation ministry is preparing a Cabinet note for setting up a 
wholly-owned subsidiary of AAI to manage ground handling services. A Cabinet 
approval for hiving-off A-I ground handling services into a separate company is 
also expected soon.  
http://www.financialexpress.com/fe_full_story.php?content_id=74019  
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Hotels set to raise tariffs by 10-15%  
Riding on the back of a strong 95% hotel occupancy rate, leading hotel chains 
in the country are planning a 10-15% hike in room tariffs.  
http://www.financialexpress.com/fe_full_story.php?content_id=74020  
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Global chemical giants to source from Rallis  
Rallis India, the agrochemicals arm of the Tata group, is planning to 
manufacture chemicals and pesticide products for multinationals like  Syngenta, 
Bayer, DuPont, Dow Chemicals and FMC Corp.  
http://www.financialexpress.com/fe_full_story.php?content_id=74021  
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Blame it on inflation: prices of consumer durables to rise  
It may not be a sweet thought to share on Diwali, but a price increase in 
consumer durables is set to spoil the party which picked up a little late this 
festive season.  
http://www.financialexpress.com/fe_full_story.php?content_id=74022  
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BOTTOMLINE: New confidence in the man at the helm  
At the joint press conference held with EU representatives at the conclusion of 
the India-EU Summit at The Hague last Monday, a Reuters correspondent, perhaps 
hoping to embarrass Prime Minister Manmohan Singh, stood up and asked him a 
question about demilitarisation of J&K.  
http://www.financialexpress.com/fe_full_story.php?content_id=74023  
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Edits & Columns  
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Chasing dollars and rupees  
Time and again, proposals to streamline expenditure have fallen by the wayside 
as unlike proposals for raising more resources they encounter political 
constraints.  
http://www.financialexpress.com/fe_full_story.php?content_id=73945  
  
Ideas that can change your life  
Powerful ideas have changed the course of history of many nations. Gandhiji�s 
idea of <i>ahimsa</i> led to a bloodless transition of power from the English 
to the Indians.  
http://www.financialexpress.com/fe_full_story.php?content_id=73946  
  
Arafat�s passage  
The passing away of Yasser Arafat marks the end of one phase of the long drawn 
out Palesti-nian struggle. The trajectory of his life reflected the many 
vicissitudes that the Palestine cause has gone through.  
http://www.financialexpress.com/fe_full_story.php?content_id=73951  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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CNX Mid-cap index at all-time high  
http://www.financialexpress.com/fe_full_story.php?content_id=73993  
  
Floating rate schemes beat  bond, gilt funds in six months  
http://www.financialexpress.com/fe_full_story.php?content_id=73994  
  
Profit-booking dampens oil stocks� rally  
http://www.financialexpress.com/fe_full_story.php?content_id=73996  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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Sensex down 19 pts; big bang seen on eve of Samvat 2061  
http://www.financialexpress.com/fe_full_story.php?content_id=73995  
  
Fed hike weighs heavy on domestic bond mart  
http://www.financialexpress.com/fe_full_story.php?content_id=74010  
  
�Call rates seen settling around reverse repo rate post Diwali�  
http://www.financialexpress.com/fe_full_story.php?content_id=74012  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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SMP for sugarcane fixed at Rs 74.50 per quintal  
http://www.financialexpress.com/fe_full_story.php?content_id=73965  
  
No intention to direct credit: FM  
http://www.financialexpress.com/fe_full_story.php?content_id=73967  
  
Directorate of Service Tax targets beauty parlours  
http://www.financialexpress.com/fe_full_story.php?content_id=74007  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Sonia, Lalu to attend funeral  
http://www.financialexpress.com/fe_full_story.php?content_id=74004  
  
UPA-Left committee meet cancelled  
http://www.financialexpress.com/fe_full_story.php?content_id=74005  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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PwC to find buyer for 10-15% in DC Designs  
http://www.financialexpress.com/fe_full_story.php?content_id=73970  
  
HC approves Cargil-Mosaic amalgamation  
http://www.financialexpress.com/fe_full_story.php?content_id=73971  
  
Lafarge designs low-cost house  
http://www.financialexpress.com/fe_full_story.php?content_id=73972  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Fe Insight  
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Time for East to meet East in IT   
http://www.financialexpress.com/fe_full_story.php?content_id=73989  
  
Understanding Fraser�s EFW index  
http://www.financialexpress.com/fe_full_story.php?content_id=73990  
  
Why punish the users of national highways?  
http://www.financialexpress.com/fe_full_story.php?content_id=73991  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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News  
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Panel on gold set up  
http://www.financialexpress.com/fe_full_story.php?content_id=73966  
  
Nabard seeks more teeth to discipline co-op banks  
http://www.financialexpress.com/fe_full_story.php?content_id=73968  
  
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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Switchover to Linux: Insurance majors to invest Rs 400 crore  
http://www.financialexpress.com/fe_full_story.php?content_id=73952  
  
PeopleSoft rejects Oracle�s latest bid  
http://www.financialexpress.com/fe_full_story.php?content_id=73953  
  
Headstrong to expand India operations  
http://www.financialexpress.com/fe_full_story.php?content_id=73955  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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Federal communications panel takes on oversight of internet phone services  
http://www.financialexpress.com/fe_full_story.php?content_id=73959  
  
India seeks Taiwan investment in telecom  
http://www.financialexpress.com/fe_full_story.php?content_id=73960  
  
Centre to announce  bio-tech policy soon  
http://www.financialexpress.com/fe_full_story.php?content_id=73961  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
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Beyond Business  
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Lateral thinking, vertical growth   
http://www.financialexpress.com/fe_full_story.php?content_id=73940  
  
Sweet nibblings....  
http://www.financialexpress.com/fe_full_story.php?content_id=73941  
  
A Thai Saga  
http://www.financialexpress.com/fe_full_story.php?content_id=73944  
  
More in Beyond Business at 
http://www.financialexpress.com/efe/beyondbusiness.html  
  
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