EXPRESSINDIA.COM
The Indian Express Group
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The Financial Express daily newsletter
Edition of Monday, December 27, 2004
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THE FINANCIAL EXPRESS
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TODAY'S TOP STORIES
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PEs for a third of the 82 sectors drop up to 44%
The price-to-earning ratios of sectors like steel and non-ferrous metals,
automobiles and ancillaries, power generation, cement, fertiliser, personal
care, food processing, petrochemicals, shipping and hotels have declined up to
37% since the close of calender 2003, notwithstanding a 700-point rise in the
BSE Sensex.
http://www.financialexpress.com/fe_full_story.php?content_id=78056
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Patents ordinance issued
The Centre issued an ordinance on Sunday to bring its patent laws into
compliance with commitments under the WTO agreement, commerce minister Kamal
Nath told Reuters.
http://www.financialexpress.com/fe_full_story.php?content_id=78058
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FIs meet to take stock of Ambani feud
Domestic financial institutions met recently to take stock of the feud between
the Ambani brothers, ahead of the Reliance Industries Ltd board meeting slated
for Monday.
http://www.financialexpress.com/fe_full_story.php?content_id=78059
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Credit to be slashed by 50% for errant exporters
Exporters with their associate firms as buyers would soon find it difficult to
have insurance cover for payment risks.
http://www.financialexpress.com/fe_full_story.php?content_id=78061
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No buyback for the time being: REL
REL on Sunday said it has decided not to effect its proposed buyback of shares
at this stage. The buyback price was at a maximum of Rs 525 per share for a
total amount of upto Rs 350 crore.
http://www.financialexpress.com/fe_full_story.php?content_id=78060
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Price hikes to help FMCG toplines
The Rs 48,000 crore FMCG industry may, once again, be in for a big let-down in
2005. Despite the much-talked about revival, price swings on the input side are
likely to make it difficult for growth in profitabiltiy to come by, predict
industry analysts.
http://www.financialexpress.com/fe_full_story.php?content_id=78062
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Tsunami hits east coast; over 3,000 killed
Over 3,000 people were killed and several others went missing as tidal waves
swept the entire east coast of the country on Sunday morning. Tsunami waves
measuring over 10 metres swept the coastal districts of Tamil Nadu, Andhra
Pradesh, Orissa and the Andaman and Nicobar islands.
http://www.financialexpress.com/fe_full_story.php?content_id=78057
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Edits & Columns
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Laying the ground for new scamsters
When the BJP-led government set up a second Joint Parliamentary Committee in
2001 to investigate what is called the Ketan Parekh scam, the Congress Party
was in the opposition.
http://www.financialexpress.com/fe_full_story.php?content_id=77989
Widening the debt market
India�s debt market broadly constitutes three segments � government securities
market, which is the oldest; the PSU bonds market and the corporate bonds
market, still a fledgling, but growing in size since liberalisation.
http://www.financialexpress.com/fe_full_story.php?content_id=77990
A good year draws to a close
This is my last column for the year and as good a time as any to take a quick
look backwards and then turn to the year ahead. The year 2004 has been a year
replete with expectations unmet�both for ill and good.
http://www.financialexpress.com/fe_full_story.php?content_id=77988
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html
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Economy
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Traders threaten stir against service tax
http://www.financialexpress.com/fe_full_story.php?content_id=78016
Disbursements by DFIs decline during 2004
http://www.financialexpress.com/fe_full_story.php?content_id=78017
CII urges cut in peak customs duty to 15%
http://www.financialexpress.com/fe_full_story.php?content_id=78018
More in Economy at http://www.financialexpress.com/economy.html
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Politics
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Remove publicity material, EC tells Bihar parties
http://www.financialexpress.com/fe_full_story.php?content_id=78000
Fernandes threatens to file suit against �liars�
http://www.financialexpress.com/fe_full_story.php?content_id=78002
BJP won�t use reservation issue for votes, says Advani
http://www.financialexpress.com/fe_full_story.php?content_id=78004
More in Politics at http://www.financialexpress.com/politics.html
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Op-Ed
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Draconian measures in the Act concerned need to be changed
http://www.financialexpress.com/fe_full_story.php?content_id=78020
The long and short of share buybacks
http://www.financialexpress.com/fe_full_story.php?content_id=78021
�Air Deccan�s business strategy is to connect the unconnected�
http://www.financialexpress.com/fe_full_story.php?content_id=78022
More in Op-Ed at http://www.financialexpress.com/op-ed.html
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Commodity Watch
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CITA norms for animal sector
http://www.financialexpress.com/fe_full_story.php?content_id=78031
Centre giving final touches to livestock policy
http://www.financialexpress.com/fe_full_story.php?content_id=78032
Big garment houses on capacity spin in Kerala as quotas get lifted
http://www.financialexpress.com/fe_full_story.php?content_id=78033
More in Commodity Watch at http://www.financialexpress.com/commoditywatch.html
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States
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Farmland redistribution yet to pick up
http://www.financialexpress.com/fe_full_story.php?content_id=78008
MSEB for single-phasing to flatten load
http://www.financialexpress.com/fe_full_story.php?content_id=78010
Orissa government�s fiscal progress
http://www.financialexpress.com/fe_full_story.php?content_id=78011
More in States at http://www.financialexpress.com/states.html
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Corporates & Markets
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Tata Chem to raise Rs 650 crore
http://www.financialexpress.com/fe_full_story.php?content_id=78023
Satyam-NGRI hydrocarbon exploration software soon
http://www.financialexpress.com/fe_full_story.php?content_id=78025
Gati exploring options to raise funds for warehouses
http://www.financialexpress.com/fe_full_story.php?content_id=78026
More in Corporates & Markets at
http://www.financialexpress.com/corporates&markets.html
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International
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Asian quake 5th largest since 1900
http://www.financialexpress.com/fe_full_story.php?content_id=77995
Liberal poised to win in re-run to Ukraine Presidential poll
http://www.financialexpress.com/fe_full_story.php?content_id=77996
Chinese legal experts favour revision of death penalty law
http://www.financialexpress.com/fe_full_story.php?content_id=77997
More in International at http://www.financialexpress.com/international.html
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News
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And now, VC funding for small dairy units
http://www.financialexpress.com/fe_full_story.php?content_id=78015
Labeling must for cox-2 drugs: Govt
http://www.financialexpress.com/fe_full_story.php?content_id=78052
US develops drug for curing old-age blindness
http://www.financialexpress.com/fe_full_story.php?content_id=78054
More in News at http://www.financialexpress.com/news.html
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EFE
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Front Page
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Scoring yet another first with online property registration
http://www.financialexpress.com/fe_full_story.php?content_id=77977
Zip drive: Auto sector takes to information highway
http://www.financialexpress.com/fe_full_story.php?content_id=77978
Let�s get our IT Act together
http://www.financialexpress.com/fe_full_story.php?content_id=77976
More in Front Page at http://www.financialexpress.com/efe/frontpage.html
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E Globe
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Lenovo finds new reasons to celebrate after IBM acquisition
http://www.financialexpress.com/fe_full_story.php?content_id=77979
Sprint-Nextel Comm merger: Do not expect changes too soon
http://www.financialexpress.com/fe_full_story.php?content_id=77980
More in E Globe at http://www.financialexpress.com/efe/eglobe.html
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Convergence
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Playing in the same team
http://www.financialexpress.com/fe_full_story.php?content_id=77981
�Electronics & autos key markets for India�s first fab�
http://www.financialexpress.com/fe_full_story.php?content_id=77982
�3G will be irrelevant for the next two years�
http://www.financialexpress.com/fe_full_story.php?content_id=77986
More in Convergence at http://www.financialexpress.com/efe/convergence.html
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