EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Saturday, November 20, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Petro prices fuel inflation to 7.76%  
Fuelled by rising prices of petroleum products in the domestic market, the 
annual inflation rate on point-to-point basis shot up to 7.76% for the week 
ended November 6. Hardening of inflation from the previous week�s 7.06% can be 
directly attributed to a rise in prices of petroleum products announced by the 
government on November 4, which pushed up the fuel index by 3.2%.  
http://www.financialexpress.com/fe_full_story.php?content_id=74622  
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Split stares Reliance in the face  
A division in the Rs 99,000 crore Reliance empire created by Dhirubhai Ambani 
now seems more likely than ever before, despite the fact that many in Corporate 
India believe otherwise.  
http://www.financialexpress.com/fe_full_story.php?content_id=74623  
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Maran cracks whip on BSNL, MTNL  
Communications and information technology minister Dayanidhi Maran has asked 
state-owned telecom majors BSNL and MTNL to shape up and arrest the decline in 
their market share over the last five years by setting time-bound targets.  
http://www.financialexpress.com/fe_full_story.php?content_id=74624  
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Buddha best CM, says Azim Premji  
Buddhadev Bhattacharjee on Friday got a special ranking from a person used to 
finding himself on global listings.  
http://www.financialexpress.com/fe_full_story.php?content_id=74625  
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Opic sues GoI for $110 m on Dabhol project  
The government�s renewed efforts to revive the mothballed Dabhol project has 
received a major jolt.  
http://www.financialexpress.com/fe_full_story.php?content_id=74626  
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Coop banking in for a rehaul  
The task force set up by the Centre may call for consolidation in the 
cooperative banking sector. It is also likely to ask for restructuring of 
district central cooperative banks to become an important facilitator between 
the rural masses and credit institutions.  
http://www.financialexpress.com/fe_full_story.php?content_id=74628  
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Status buys take the cake this Diwali  
This Diwali, consumer spend took off on a tangent. While the bulk shopping 
season shrank from 10-12 days to 5-6 days, the accent was more on �status 
acquisition.�  
http://www.financialexpress.com/fe_full_story.php?content_id=74627  
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Edits & Columns  
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Owning up, reliably  
It will be a while before speculation over the full import of Reliance 
Industries  Ltd chairman Mukesh Ambani�s unexpected statement on �differences 
over ownership issues� dies down.  
http://www.financialexpress.com/fe_full_story.php?content_id=74604  
  
India Inc not interested in culture  
On the 17th day of November 2004, Sumitra Charatram, a living legend and 
institution builder, turned 90. A remarkable woman, she endeavoured through her 
life to entrench culture, and all the activity surrounding it, into the ethos 
of Delhi.  
http://www.financialexpress.com/fe_full_story.php?content_id=74608  
  
Stockmarkets looking for direction  
As the Sensex scales past the psychologically important 6,000 mark, most 
analysts are keeping their fingers crossed on how things will roll out in the 
ensuing months.  
http://www.financialexpress.com/fe_full_story.php?content_id=74607  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Reliance stocks dip up to 4.5% in a month  
http://www.financialexpress.com/fe_full_story.php?content_id=74649  
  
Reliance, inflation reverse Sensex rally below 6000  
http://www.financialexpress.com/fe_full_story.php?content_id=74650  
  
Overweight on auto, underweight on returns  
http://www.financialexpress.com/fe_full_story.php?content_id=74651  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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VRS is history; PSU general insurers need more staff now  
http://www.financialexpress.com/fe_full_story.php?content_id=74670  
  
BoI plea to get Rs 380 cr BCCI dues to be heard on January 17  
http://www.financialexpress.com/fe_full_story.php?content_id=74671  
  
Bank of Punjab finds UK-bound students a safer bet  
http://www.financialexpress.com/fe_full_story.php?content_id=74672  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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$120 m World Bank aid for SMEs  
http://www.financialexpress.com/fe_full_story.php?content_id=74657  
  
Initiative for hunger-free India by �07  
http://www.financialexpress.com/fe_full_story.php?content_id=74664  
  
Russia keen to invest in India�s core sector  
http://www.financialexpress.com/fe_full_story.php?content_id=74667  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Reaction a lack of faith in judicial process: Congress  
http://www.financialexpress.com/fe_full_story.php?content_id=74631  
  
LJP to go it alone in Bihar poll   
http://www.financialexpress.com/fe_full_story.php?content_id=74632  
  
�Mulayam�s economic package for UP a political gimmick�  
http://www.financialexpress.com/fe_full_story.php?content_id=74633  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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Barrett (breaks) rules!  
http://www.financialexpress.com/fe_full_story.php?content_id=74635  
  
Gujarat Ambuja bullish on northern,  western markets  
http://www.financialexpress.com/fe_full_story.php?content_id=74636  
  
Amalgamation will streamline ITC�s hotel business: Deveshwar  
http://www.financialexpress.com/fe_full_story.php?content_id=74640  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Commodities  
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Gem, jewellery exports rise 34% to $8.1 bn in April-Oct  
http://www.financialexpress.com/fe_full_story.php?content_id=74654  
  
Gold rules at all-time high of Rs 6,610  
http://www.financialexpress.com/fe_full_story.php?content_id=74655  
  
Biscuit cos seek exemption from CenVat  
http://www.financialexpress.com/fe_full_story.php?content_id=74656  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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Fe World  
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Much more dialogue ahead on India-EU strategic partnership  
http://www.financialexpress.com/fe_full_story.php?content_id=74645  
  
The democratisation of Europe  
http://www.financialexpress.com/fe_full_story.php?content_id=74646  
  
The superpower versus the rest of the world  
http://www.financialexpress.com/fe_full_story.php?content_id=74647  
  
More in Fe World at http://www.financialexpress.com/feworld.html  
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News  
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Seer remanded to 3-day police custody  
http://www.financialexpress.com/fe_full_story.php?content_id=74629  
  
Rs 3,400 cr shipping projects under study  
http://www.financialexpress.com/fe_full_story.php?content_id=74665  
  
India, Russia to discuss simplified visa regime   
http://www.financialexpress.com/fe_full_story.php?content_id=74668  
  
More in News at http://www.financialexpress.com/news.html  
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INDIA INC  
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The grass is getting greener  
http://www.financialexpress.com/fe_full_story.php?content_id=74611  
  
The quest for excellence  
http://www.financialexpress.com/fe_full_story.php?content_id=74612  
  
�Make strategic execution your core competency�  
http://www.financialexpress.com/fe_full_story.php?content_id=74613  
  
More in India Inc at http://www.financialexpress.com/inc/inc_index.html  
  
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