EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Saturday, September 25, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Press Note 18 Loses Sting  
The government has taken the sting out of Press Note 18. The Foreign Investment 
Promotion Board, has rejected the demands of RKKR Infotech and Silgate Technologies to 
block the new investment proposals of their overseas partners, US-based Honeywell Inc 
and Yokogawa Electric Corp of Japan.  
http://www.financialexpress.com/fe_full_story.php?content_id=69678  
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PC Effect: Stocks Buzz Even In Post-bonus Phase  
Call it reverse swing. Bucking the usual trend, stocks which have turned ex-bonus in 
the last few weeks, including Wipro, Infosys and Tata Steel, have witnessed a smart 
rally and have outperformed the benchmark indices by a huge margin.  
http://www.financialexpress.com/fe_full_story.php?content_id=69679  
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Reddy Moots FII Stake In Print Media  
Information and Broadcasting minister Jaipal Reddy is likely to place a string of 
proposals including allowing foreign institutional investors to pick up a stake in the 
print media within the overall 26% foreign investment cap.  
http://www.financialexpress.com/fe_full_story.php?content_id=69680  
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�Unleash The Animal Spirit Of Entrepreneurs�  
Prime Minister Manmohan Singh on Friday assured the Indian diaspora that his 
government was committed to taking forward the reforms process. He suggested the 
diaspora help create a �brain bank� which could be utilised by India.  
http://www.financialexpress.com/fe_full_story.php?content_id=69681  
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Shell Plans To Double Indian Investments  
Global energy major Royal Dutch Shell is planning to double its investments in India 
from Rs 3,000 crore to Rs 6,000 crore in the next few years. The company is at present 
setting up a liquefied natural gas terminal at an investment of around Rs 3,000 crore 
through its Indian subsidiary, at Hazira in Gujarat.  
http://www.financialexpress.com/fe_full_story.php?content_id=69682  
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Montek Is A World Bank Man: Basu  
This issue will obviously never become foreign to Indian political discourse. Just 
months after the pre-election hype over the possibility of a �person of foreign 
origin� heading the government, the spotlight is on persons of Indian origin employed 
by foreign consultants and multilateral bodies.  
http://www.financialexpress.com/fe_full_story.php?content_id=69683  
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News  
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Ramanna�s Death A Personal Loss: Kalam  
http://www.financialexpress.com/fe_full_story.php?content_id=69692  
  
New Aviation Policy In Nov, Says Patel  
http://www.financialexpress.com/fe_full_story.php?content_id=69691  
  
PM Meets Musharraf  
http://www.financialexpress.com/fe_full_story.php?content_id=69690  
  
More in News at http://www.financialexpress.com/news.html  
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Fe World  
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Peter Mandelson Focused On Asean, China  
http://www.financialexpress.com/fe_full_story.php?content_id=69716  
  
Pfizer Executive Argues For Import of Drugs  
http://www.financialexpress.com/fe_full_story.php?content_id=69715  
  
It�s Time For America To Turn South  
http://www.financialexpress.com/fe_full_story.php?content_id=69714  
  
More in Fe World at http://www.financialexpress.com/feworld.html  
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Commodities  
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DGML Acquires New Rig; Scouts For JV Partner  
http://www.financialexpress.com/fe_full_story.php?content_id=69726  
  
Rubber, Cardamom Plantations Strike Called Off In Kerala  
http://www.financialexpress.com/fe_full_story.php?content_id=69725  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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Corporate  
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Siemens Bags Order From Delhi Metro Rail Corp  
http://www.financialexpress.com/fe_full_story.php?content_id=69698  
  
Agri Corps Bank On Changes In APMC   
http://www.financialexpress.com/fe_full_story.php?content_id=69696  
  
IBP Merger By Year End, Says IOC  
http://www.financialexpress.com/fe_full_story.php?content_id=69695  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Politics  
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BJP Flays New Terror Ordinance  
http://www.financialexpress.com/fe_full_story.php?content_id=69694  
  
Dissensions Plague Parties  
http://www.financialexpress.com/fe_full_story.php?content_id=69693  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Economy  
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Retail Investors Flock To Sectoral Funds  
http://www.financialexpress.com/fe_full_story.php?content_id=69736  
  
Inflation Up Slightly, At 7.87%  
http://www.financialexpress.com/fe_full_story.php?content_id=69733  
  
Pak Willing To Import Textile Goods From India   
http://www.financialexpress.com/fe_full_story.php?content_id=69732  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Money & Banking  
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�India Has Edge In Luring Foreign Investments�  
http://www.financialexpress.com/fe_full_story.php?content_id=69686  
  
LICHFL Taps Mkt To Raise Over Rs 200 Cr Via Bonds  
http://www.financialexpress.com/fe_full_story.php?content_id=69685  
  
Banks Rush To Raise Funds In Anticipation Of Rate Upswing  
http://www.financialexpress.com/fe_full_story.php?content_id=69684  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Investor  
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MFs Form Group On Ad Overhaul  
http://www.financialexpress.com/fe_full_story.php?content_id=69721  
  
Gujarat PSUs Surge Up To 13% On Sell-off Move  
http://www.financialexpress.com/fe_full_story.php?content_id=69720  
  
Indiabulls Fin, Two Others Debut   
http://www.financialexpress.com/fe_full_story.php?content_id=69719  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Edits & Columns  
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A Mind Free Of Prejudices Needed  
In a changing world, an open mind and constant debate to generate new ideas and 
strategies as well as solutions, is imperative. Intellectual stagnation, based within 
the parameters of the past is dangerous.  
http://www.financialexpress.com/fe_full_story.php?content_id=69665  
  
A Broader View Of Kelkar Task Force  
The Kelkar task force has made several important recommendations for reforming the 
indirect tax system of the central and state governments by the introduction of the 
goods and services tax and replacing the existing levies of central excise and sales 
tax and other taxes.  
http://www.financialexpress.com/fe_full_story.php?content_id=69664  
  
Dateline Manhattan  
Prime Minister Manmohan Singh�s bid for space at the high table was inevitable. 
India�s candidature for a permanent seat on the United Nations Security Council has 
been made with convincing clarity far too many times � and in recent days has been 
seconded by various members of the P-5, like Britain, and those who�d join India on 
the council, like Brazil and Germany.  
http://www.financialexpress.com/fe_full_story.php?content_id=69661  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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INDIA INC  
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Weaving A Global Gameplan  
http://www.financialexpress.com/fe_full_story.php?content_id=69668  
  
Will �Star� Change TVS Motor�s Fortunes?  
http://www.financialexpress.com/fe_full_story.php?content_id=69669  
  
Engineering A New Competency  
http://www.financialexpress.com/fe_full_story.php?content_id=69677  
  
More in India Inc at http://www.financialexpress.com/inc/inc_index.html  
  
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