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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