EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Tuesday, November 16, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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NTPC, Gail to pump in Rs 500 cr each in SPV  
The government has asked NTPC, Gail and the IDBI-led consortium of Indian 
lenders to Dabhol Power Company to invest Rs 500 crore each in a special 
purpose vehicle proposed to kickstart the ailing power project and associated 
LNG regasification terminal.  
http://www.financialexpress.com/fe_full_story.php?content_id=74289  
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Petrol cheaper, LPG, diesel unchanged  
Petrol will be cheaper to the consumer by Rs 1.16/litre from midnight tonight 
in Delhi. Diesel and LPG prices will, however,   remain unchanged.   
http://www.financialexpress.com/fe_full_story.php?content_id=74290  
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Jubilant  in pact with 30 US pharma companies  
Jubilant Biosys, a subsidiary of Jubilant Organosys, has inked agreements with 
30-odd leading US-based pharma companies including Merck, Pfizer, Johnson & 
Johnson, Genstruct, Ariadne Genomics, Novartis and Chiron to provide 
bio-informatics and chemoinformatics services.  
http://www.financialexpress.com/fe_full_story.php?content_id=74291  
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Intellect Inc chips in $1.6 b for AP semiconductor unit  
Korea-based Intellect Inc, a semiconductor/chip fabrication company, has 
decided to set up a plant in Hyderabad with an estimated investment of around 
$1.6 billion in two phases.  
http://www.financialexpress.com/fe_full_story.php?content_id=74293  
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Infosys, Microsoft to invest $8 m in joint initiative   
Infosys Technologies and Microsoft Corporation announced a new information 
technology transformation initiative designed to help clients improve business 
performance and build competitive advantage.  
http://www.financialexpress.com/fe_full_story.php?content_id=74294  
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Centre to frame laws to bar EOUs� import of plastic scrap  
The government will frame laws to bar import of plastic scrap/waste by 
export-oriented units. This is in the wake of major quantities of often toxic 
scrap being dumped by the developed world in developing countries.  
http://www.financialexpress.com/fe_full_story.php?content_id=74295  
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ICICI Bank set to take two arms public  
ICICI Bank, the second largest commercial bank in the country, is readying to 
take at least two of its subsidiaries to the market in the coming days.  
http://www.financialexpress.com/fe_full_story.php?content_id=74296  
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NHS, UK slaps $175 m claim on Ranbaxy and four others  
Indian pharma major Ranbaxy is amongst the five drugmakers including German 
company Merck which may have to pay a 94.5 million pounds (175 million dollars) 
claim from a UK probe of alleged anti-competitive behaviour regarding the 
generic version of ulcer medicine Zantac.  
http://www.financialexpress.com/fe_full_story.php?content_id=74292  
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Edits & Columns  
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Sense(x) & sensibility  
In a fitting tribute to the resilience of the Indian economy, the Sensex 
crossed the much-vaunted 6,000 mark in muhurat trading Friday last.  
http://www.financialexpress.com/fe_full_story.php?content_id=74197  
  
Squeezing out the minority shareholder  
The minority protection programme is emerging as a major concern in corporate 
India. In the licence raj era, restrictive investment, tax laws and a 
preponderance of financial institutions as stakeholders acted as deterrents.  
http://www.financialexpress.com/fe_full_story.php?content_id=74201  
  
Snippets from the world of December 1949  
For the first two issues of the Children�s Number of Shankar�s Weekly, Nehru 
also wrote articles. As my tribute on November 14, I read the first issue.  
http://www.financialexpress.com/fe_full_story.php?content_id=74200  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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STT hits average daily turnover in Oct  
http://www.financialexpress.com/fe_full_story.php?content_id=74261  
  
Hopes of softening yields spur demand for income funds  
http://www.financialexpress.com/fe_full_story.php?content_id=74262  
  
India No 2 in MSCI Asiaemerging markets index  
http://www.financialexpress.com/fe_full_story.php?content_id=74263  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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Rising staff costs hit pvt bank bottomlines  
http://www.financialexpress.com/fe_full_story.php?content_id=74221  
  
RBI to stop handling cash transactions of govt depts, Union ministries  
http://www.financialexpress.com/fe_full_story.php?content_id=74222  
  
RBI may not increase interest rates before April next, says JP Morgan report  
http://www.financialexpress.com/fe_full_story.php?content_id=74223  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Exim Bank to boost funding for agro sector  
http://www.financialexpress.com/fe_full_story.php?content_id=74272  
  
Autonomous bodies told to generate their own funds  
http://www.financialexpress.com/fe_full_story.php?content_id=74273  
  
Investment coming in textile sector with quotas on the go  
http://www.financialexpress.com/fe_full_story.php?content_id=74286  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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NDA reaffirms alliance, promises to uphold judicial verdict on Ayodhya  
http://www.financialexpress.com/fe_full_story.php?content_id=74232  
  
Pawar warns NCP ministers  
http://www.financialexpress.com/fe_full_story.php?content_id=74233  
  
BJP to chalk out Bihar poll strategy  
http://www.financialexpress.com/fe_full_story.php?content_id=74234  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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Tata Tea draws up new global, local plans for branded business  
http://www.financialexpress.com/fe_full_story.php?content_id=74241  
  
Unity Infra bags order to design Mumbai airport terminal  
http://www.financialexpress.com/fe_full_story.php?content_id=74245  
  
Helios & Matheson eyes $100 million turnover  
http://www.financialexpress.com/fe_full_story.php?content_id=74248  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Commodities  
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Orissa shrimp exports seen rising 3-fold   
http://www.financialexpress.com/fe_full_story.php?content_id=74265  
  
Coops display brand success at centenary celebration  
http://www.financialexpress.com/fe_full_story.php?content_id=74266  
  
Arabica to offset fall in Robusta output  
http://www.financialexpress.com/fe_full_story.php?content_id=74268  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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International  
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Iran says nuclear freeze is voluntary, brief  
http://www.financialexpress.com/fe_full_story.php?content_id=74277  
  
Television cameras on trial in English courtroom  
http://www.financialexpress.com/fe_full_story.php?content_id=74278  
  
Jaguar gives wings to Red Bull�s F1 dream   
http://www.financialexpress.com/fe_full_story.php?content_id=74279  
  
More in International at http://www.financialexpress.com/international.html  
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News  
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Arafat �guilty� of skimming $2m from gasoline trade  
http://www.financialexpress.com/fe_full_story.php?content_id=74231  
  
�Seer did not deserve the treatment meted out to him�  
http://www.financialexpress.com/fe_full_story.php?content_id=74235  
  
Don�t expect miracle from talks with Pak, says Natwar  
http://www.financialexpress.com/fe_full_story.php?content_id=74236  
  
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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Diwali dhamaka: short msgs take a long jump  
http://www.financialexpress.com/fe_full_story.php?content_id=74209  
  
Microsoft to hire hundreds at Hyderabad campus  
http://www.financialexpress.com/fe_full_story.php?content_id=74210  
  
US firm Virtusa to spend $20 million on Indian expansion   
http://www.financialexpress.com/fe_full_story.php?content_id=74212  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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Security to top India Inc�s IT agenda: PwC  
http://www.financialexpress.com/fe_full_story.php?content_id=74297  
  
Richie rich have hearts of gold as well: survey  
http://www.financialexpress.com/fe_full_story.php?content_id=74298  
  
India lags in knowledge economy: World Bank   
http://www.financialexpress.com/fe_full_story.php?content_id=74299  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
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Marketing & Management  
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Media buying players draw up fresh plans to gain edge  
http://www.financialexpress.com/fe_full_story.php?content_id=74215  
  
Surya Vinayak Industries now eyes export market  
http://www.financialexpress.com/fe_full_story.php?content_id=74216  
  
Voltas to tap new overseas markets  
http://www.financialexpress.com/fe_full_story.php?content_id=74217  
  
More in Marketing & Management at 
http://www.financialexpress.com/efe/marketing&management.html  
  
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