EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Wednesday, December 22, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Reliance Energy wants RIL to have major say  
Reliance Energy Limited on Tuesday informed The Stock Exchange, Mumbai that it 
would seek to amend its articles of association to allow parent Reliance 
Industries Ltd to appoint the chairman and vice-chairman of the company and 
also determine their tenures.   
http://www.financialexpress.com/fe_full_story.php?content_id=77547  
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Tax regime for man-made fibre to be benign: FM  
Finance minister P Chidambaram has promised a �helpful� tax regime for the 
man-made fibre segment in the next Budget to help the textiles sector compete 
internationally in the post-quota regime. The Agreement on Textiles and 
Clothing ends on December 31.  
http://www.financialexpress.com/fe_full_story.php?content_id=77550  
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Baazee.com CEO gets bail on Day 4  
The Delhi High Court on Tuesday granted bail to Baazee.com CEO Avnish Bajaj who 
was arrested in connection with the MMS scandal on Friday.  
http://www.financialexpress.com/fe_full_story.php?content_id=77552  
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Baijal meets PM to clarify on illegal re-routing of calls   
Close on the heels of the Left parties� outcry, Telecom Regulatory Authority of 
India chairman Pradip Baijal met Prime Minister Manmohan Singh to clarify the 
regulator�s stance over the issue of illegal re-routing of international calls. 
 
http://www.financialexpress.com/fe_full_story.php?content_id=77553  
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Big-ticket investors pull out from equity funds  
As the Sensex scaled past the 6,000 level, high net worth individuals, most of 
whom are in Mumbai, booked net profit amounting to Rs 4,000 crore as they 
pulled out investments in equity funds.  
http://www.financialexpress.com/fe_full_story.php?content_id=77556  
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Edits & Columns  
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The great investment commission drama  
It is important that the future of public sector enterprises be decided 
transparently, after due analysis and in a manner that future speculation is 
put to rest.  
http://www.financialexpress.com/fe_full_story.php?content_id=77513  
  
The warp and the weft post-MFA  
The quotas on textiles and clothing are finally going from January 1, 2005. The 
limits on textile and clothing exports imposed by developed countries will 
cease to exist and markets will open up for export of these products by 
developing country members.  
http://www.financialexpress.com/fe_full_story.php?content_id=77514  
  
Buying back peace?  
The issues involved in the reported Reliance Industries Ltd buyback offer are 
complex and multi-faceted.  The first issue is of corporate governance � a 
factor which many commentators have ignored.  
http://www.financialexpress.com/fe_full_story.php?content_id=77516  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Fe Insight  
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Investment option for later years  
http://www.financialexpress.com/fe_full_story.php?content_id=77512  
  
The basket has a lot of eggs  
http://www.financialexpress.com/fe_full_story.php?content_id=77515  
  
Small is best till a market-led rate regime falls into place  
http://www.financialexpress.com/fe_full_story.php?content_id=77518  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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Economy  
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Government unsure about 4% farm growth in current fiscal  
http://www.financialexpress.com/fe_full_story.php?content_id=77509  
  
US pares anti-dumping duty on Indian shrimp to 9.45%  
http://www.financialexpress.com/fe_full_story.php?content_id=77528  
  
Norms for monitoring control-free drugs soon  
http://www.financialexpress.com/fe_full_story.php?content_id=77530  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Sack Lalu, Vajpayee tells PM  
http://www.financialexpress.com/fe_full_story.php?content_id=77503  
  
RJD rally called off  
http://www.financialexpress.com/fe_full_story.php?content_id=77504  
  
Rural job Bill diluted, says CPI-M  
http://www.financialexpress.com/fe_full_story.php?content_id=77506  
  
More in Politics at http://www.financialexpress.com/politics.html  
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International  
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Fresh Yukos legal threat looms as Surgut is linked to buyer  
http://www.financialexpress.com/fe_full_story.php?content_id=77495  
  
China gets tough on copyright violations  
http://www.financialexpress.com/fe_full_story.php?content_id=77496  
  
Creditors block sale of Inchon Oil to Sinochem  
http://www.financialexpress.com/fe_full_story.php?content_id=77497  
  
More in International at http://www.financialexpress.com/international.html  
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News  
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Sugar co-operatives get UK aid for harnessing renewable energy  
http://www.financialexpress.com/fe_full_story.php?content_id=77508  
  
Nepalese King arrives tomorrow  
http://www.financialexpress.com/fe_full_story.php?content_id=77511  
  
Panel asks Centre to fill up 9 posts on A-I board  
http://www.financialexpress.com/fe_full_story.php?content_id=77531  
  
More in News at http://www.financialexpress.com/news.html  
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>From The South  
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Airbus official sees huge potential in India  
http://www.financialexpress.com/fe_full_story.php?content_id=77589  
  
AP sketching draft sick SSI revival policy  
http://www.financialexpress.com/fe_full_story.php?content_id=77590  
  
ISB floats K-Hub to help young entrepreneurs  
http://www.financialexpress.com/fe_full_story.php?content_id=77591  
  
More in From The South at http://www.financialexpress.com/fromthesouth.html  
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CORPORATES & MARKETS  
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Front Page  
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L&T eyes China for overseas unit  
http://www.financialexpress.com/fe_full_story.php?content_id=77582  
  
Mutual fund ad spend on TV up 48% in 2004  
http://www.financialexpress.com/fe_full_story.php?content_id=77584  
  
Solae to open India facility in �06 with Rs 50-cr investment  
http://www.financialexpress.com/fe_full_story.php?content_id=77585  
  
More in Front Page at http://www.financialexpress.com/cm/frontpage.html  
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Money & Banking  
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IBA wants I-T Act carry-forward provisions to cover private banks  
http://www.financialexpress.com/fe_full_story.php?content_id=77564  
  
Bank of India kicks off BPR  
http://www.financialexpress.com/fe_full_story.php?content_id=77565  
  
Geojit MD quits FedBank board  
http://www.financialexpress.com/fe_full_story.php?content_id=77566  
  
More in Money & Banking at 
http://www.financialexpress.com/cm/money&banking.html  
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Markets & Commodities  
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Sensex, Nifty at new all-time highs  
http://www.financialexpress.com/fe_full_story.php?content_id=77576  
  
Share of B1 group in BSE turnover up 105% in Dec  
http://www.financialexpress.com/fe_full_story.php?content_id=77577  
  
Sebi fines Arihant Threads for violating DP regulations  
http://www.financialexpress.com/fe_full_story.php?content_id=77578  
  
More in Markets & Commodities at 
http://www.financialexpress.com/cm/markets&commodities.html  
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Back Page  
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Hospitality majors take diverse routes to growth  
http://www.financialexpress.com/fe_full_story.php?content_id=77529  
  
Tatas logistics firm outlines expansion  
http://www.financialexpress.com/fe_full_story.php?content_id=77521  
  
Inquiry on charges against Vedanta Aluminium starts  
http://www.financialexpress.com/fe_full_story.php?content_id=77522  
  
More in Back Page at http://www.financialexpress.com/cm/backpage.html  
  
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