EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Thursday, November 25, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Cabinet to take up FII-FDI issue soon  
The government is set to allow foreign institutional investors pick up stake 
over and above the foreign direct investment limits in a host of sectors except 
banking, insurance, telecom, and civil aviation.  
http://www.financialexpress.com/fe_full_story.php?content_id=75144  
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Aziz nixes hopes of headway   
Hopes that Pakistan Prime Minister Shaukat Aziz�s maiden visit to India would 
see some headway being made on pending economic issues were quickly dashed at 
his breakfast meeting with mediapersons here on Wednesday.  
http://www.financialexpress.com/fe_full_story.php?content_id=75145  
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Monthly hike in LPG rolled back  
The decision came hours after the Left parties asked the government to reduce 
the price of cooking gas at the fourth UPA government-Left co-ordination 
committee meeting.  
http://www.financialexpress.com/fe_full_story.php?content_id=75146  
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Rs 700 cr HCL preferential issue for Deutsche Bank  
In a notification to the The Stock Exchange, Mumbai, the company said that its 
board of directors have already approved the allotment, which is subject to the 
necessary regulatory and other approvals.  
http://www.financialexpress.com/fe_full_story.php?content_id=75147  
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BOTTOMLINE: Bhakta�s status adds to uncertainty at Reliance  
Uncertainty over the status of 73-year old ML Bhakta, one of the senior most 
members of the Reliance Industries board, who was reported to have resigned on 
Tuesday, continued on Wednesday. RIL put out a media statement saying Mr Bhakta 
would �reconsider� his resignation.  
http://www.financialexpress.com/fe_full_story.php?content_id=75148  
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Edits & Columns  
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Manage your reputation now!  
It takes only a quick look at the advertising rate card of major newspapers to 
figure out that Reliance Industries Ltd could have shelled out close to Rs 60 
lakh to clarify �ownership issues� in the group�s flagship.  
http://www.financialexpress.com/fe_full_story.php?content_id=75096  
  
Irreversible momentum  
While every new step in the Indo-Pak peace process raises hope of improved 
bilateral relations, historical events point to the fact that such plans have 
often been a case of one step forward, two steps backward.  
http://www.financialexpress.com/fe_full_story.php?content_id=75097  
  
Desperately seeking more foreign investments  
Paradoxically, there is an all-time high surge in FII investments in India�s 
stock markets while foreign direct investments are stable, if not declining.  
http://www.financialexpress.com/fe_full_story.php?content_id=75095  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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�Mid-cap rally to be selective in �05-06�  
http://www.financialexpress.com/fe_full_story.php?content_id=75137  
  
Sensex at new 9-mth high on FII fund flows  
http://www.financialexpress.com/fe_full_story.php?content_id=75140  
  
SAL Steel debuts at 68% premium, closes at 40%  
http://www.financialexpress.com/fe_full_story.php?content_id=75141  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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Poor rains may not hit hard, but beware of inflation, cautions RBI  
http://www.financialexpress.com/fe_full_story.php?content_id=75131  
  
Centre forms expert panel to study CD ratio-related issues   
http://www.financialexpress.com/fe_full_story.php?content_id=75132  
  
HDFC Bank plans to expand retail portfolio to 50% of total  
http://www.financialexpress.com/fe_full_story.php?content_id=75133  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Volvo CE to make backhoe loaders in India  
http://www.financialexpress.com/fe_full_story.php?content_id=75080  
  
CIL subsidiaries likely to be given more powers  
http://www.financialexpress.com/fe_full_story.php?content_id=75081  
  
German cos, CIL brass to discuss ways to execute three projects  
http://www.financialexpress.com/fe_full_story.php?content_id=75083  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Cabinet will take up Left demands on oil, patents  
http://www.financialexpress.com/fe_full_story.php?content_id=75111  
  
Anti-Hindu politics won�t be tolerated, says Advani  
http://www.financialexpress.com/fe_full_story.php?content_id=75113  
  
Buddha, Centre differ on foreign tie-ups in coal  
http://www.financialexpress.com/fe_full_story.php?content_id=75115  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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ONGC to hold 26% in power generation venture in Tripura  
http://www.financialexpress.com/fe_full_story.php?content_id=75099  
  
Cement may cost Rs 5 more per bag from next month  
http://www.financialexpress.com/fe_full_story.php?content_id=75100  
  
Chiron Vaccines, Panacea Biotec  form joint venture  
http://www.financialexpress.com/fe_full_story.php?content_id=75101  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Fe Insight  
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Infrastructure spending and forex  
http://www.financialexpress.com/fe_full_story.php?content_id=75077  
  
More power to people of Maharashtra?  
http://www.financialexpress.com/fe_full_story.php?content_id=75078  
  
Disclosure: beyond right-to-information  
http://www.financialexpress.com/fe_full_story.php?content_id=75079  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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Commodities  
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Poor quality hits cotton export prospects  
http://www.financialexpress.com/fe_full_story.php?content_id=75142  
  
Breakthrough in bamboo species tissue culture  
http://www.financialexpress.com/fe_full_story.php?content_id=75143  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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News  
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Sergei Ivanov coming on November 30  
http://www.financialexpress.com/fe_full_story.php?content_id=75084  
  
Manmohan to visit Pakistan  
http://www.financialexpress.com/fe_full_story.php?content_id=75124  
  
Aziz offers energy corridor  
http://www.financialexpress.com/fe_full_story.php?content_id=75126  
  
More in News at http://www.financialexpress.com/news.html  
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>From The South  
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House panel for single-window clearance model for major irrigation projects  
http://www.financialexpress.com/fe_full_story.php?content_id=75149  
  
Leela group's Kannur airport blips on Kerala radar again  
http://www.financialexpress.com/fe_full_story.php?content_id=75150  
  
Ford to expand <i>Fusion</i> capacity  
http://www.financialexpress.com/fe_full_story.php?content_id=75151  
  
More in From The South at http://www.financialexpress.com/fromthesouth.html  
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EFE  
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Front Page  
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JV best BPO model: report  
http://www.financialexpress.com/fe_full_story.php?content_id=75065  
  
MphasiS to shift focus to domestic IT services market   
http://www.financialexpress.com/fe_full_story.php?content_id=75070  
  
Goa festival to offer best of Hollywood in hi-tech mode  
http://www.financialexpress.com/fe_full_story.php?content_id=75071  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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�Gurgaon most competitive city in BPO outsourcing�  
http://www.financialexpress.com/fe_full_story.php?content_id=75074  
  
BSNL row: HC asks RPG Cables  to move tribunal  
http://www.financialexpress.com/fe_full_story.php?content_id=75075  
  
Patent law must fully reflect public health concerns: WHO  
http://www.financialexpress.com/fe_full_story.php?content_id=75076  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
  
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