EXPRESSINDIA.COM
The Indian Express Group
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The Financial Express daily newsletter
Edition of Monday, November 15, 2004
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THE FINANCIAL EXPRESS
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TODAY'S TOP STORIES
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5% customs duty cut likely
Finance minister P Chidambaram�s big-ticket tax reforms in the 2005-06 Budget
will, in all likelihood, include a 5% cut in the peak basic customs duty to 15%
from 20%. This is expected to bring down India�s effective rate of customs duty
from 39.2% to 33.4%. This excludes the 2% education cess introduced this
fiscal.
http://www.financialexpress.com/fe_full_story.php?content_id=74104
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Hyundai to take on Tatas on home turf
In a tit-for-tat reply to the Tatas� entry into its home turf by taking over
the truck business of its ailing rival Daewoo Motors, South Korean auto giant
Hyundai Motors has taken an in-principle decision to enter the commercial
vehicle segment in India.
http://www.financialexpress.com/fe_full_story.php?content_id=74105
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India, Pak to discuss gas pipeline this week
In a bid to take forward the Indo-Iran gas pipeline, petroleum ministers of
India and Pakistan have decided to hold talks on the issue. The meeting is
likely to take place this week, before the arrival of Pakistan Prime Minister
Shaukat Aziz.
http://www.financialexpress.com/fe_full_story.php?content_id=74106
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India Inc on turnaround trail
India Inc�s tribe of turnaround companies is growing, with sectors like steel,
cement, refinery and auto-components leading the recovery.
http://www.financialexpress.com/fe_full_story.php?content_id=74107
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Consensus on use of forex reserves needed: PM
Several technicalities need to be worked out and a broad consensus arrived at
between the ministry of finance, the Reserve Bank of India (RBI) and other
concerned ministries to deploy the substantial kitty of foreign exchange
reserves for infrastructure development in the country, said Prime Minister
Manmohan Singh addressing the media here on Sunday.
http://www.financialexpress.com/fe_full_story.php?content_id=74108
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Drive to expand service tax base
Stung by a shortfall in revenue collections compared to budget targets, the
finance ministry is embarking on a major drive to expand the service tax
assessee base.
http://www.financialexpress.com/fe_full_story.php?content_id=74109
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Listlessly waiting for Indonext
The executive director of the Bangalore Stock Exchange has had to reinvent
himself, playing a role that he perhaps never dreamt of when he joined BgSE.
http://www.financialexpress.com/fe_full_story.php?content_id=74110
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No kidding, Frito Lay labels to carry nutrition facts
In a fallout of the changing environment in food regulations, Frito Lay India,
the snack foods subsidiary of PepsiCo Inc., has for the first time decided to
label all its products with �nutrition facts�.
http://www.financialexpress.com/fe_full_story.php?content_id=74111
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Edits & Columns
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Progress at last
On Thursday, financial sector reform got a significant boost with the Cabinet
taking two major decisions.
http://www.financialexpress.com/fe_full_story.php?content_id=74077
RSEs: better dead or alive?
After the recent ordinance to hasten the demutualisation of stock exchanges,
the Securities and Exchange Board of India held a meeting last week to take the
process forward.
http://www.financialexpress.com/fe_full_story.php?content_id=74081
Unexpected outcomes of interest rate cycle
Last December, in this column one had written about how interest rates changes
did not always bring about textbook outcomes.
http://www.financialexpress.com/fe_full_story.php?content_id=74080
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html
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Money Matters
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Banks discover the power of networking
http://www.financialexpress.com/fe_full_story.php?content_id=74112
Need for corporate governance in banking
http://www.financialexpress.com/fe_full_story.php?content_id=74113
End of the party, beginning of another?
http://www.financialexpress.com/fe_full_story.php?content_id=74114
More in Money Matters at http://www.financialexpress.com/moneymatters.html
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Economy
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�Competition will help transform India into developed nation�
http://www.financialexpress.com/fe_full_story.php?content_id=74116
�Industry expects more orders, optimum capacity utilisation�
http://www.financialexpress.com/fe_full_story.php?content_id=74142
�Rise in domestic interest rate imminent�
http://www.financialexpress.com/fe_full_story.php?content_id=74152
More in Economy at http://www.financialexpress.com/economy.html
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Politics
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NDA allies to meet today
http://www.financialexpress.com/fe_full_story.php?content_id=74119
Kanchi seer�s arrest �under pressure�: BJP
http://www.financialexpress.com/fe_full_story.php?content_id=74120
More in Politics at http://www.financialexpress.com/politics.html
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Corporate
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ONGC, Cairn Energy to tie up for oil exploration & production
http://www.financialexpress.com/fe_full_story.php?content_id=74128
ITC Centre gets platinum rating from green body
http://www.financialexpress.com/fe_full_story.php?content_id=74130
PSBs� other income dips 18% in H1
http://www.financialexpress.com/fe_full_story.php?content_id=74135
More in Corporate at http://www.financialexpress.com/corporate.html
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Op-Ed
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�Captive businesses in BPO operations will slow down�
http://www.financialexpress.com/fe_full_story.php?content_id=74137
Bollywood Dreams
http://www.financialexpress.com/fe_full_story.php?content_id=74138
�Only an independent regulator can tackle the issue�
http://www.financialexpress.com/fe_full_story.php?content_id=74140
More in Op-Ed at http://www.financialexpress.com/op-ed.html
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Commodities
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Gold set to hit new record on global cue
http://www.financialexpress.com/fe_full_story.php?content_id=74154
Cotton, non-ferrous metals also look up
http://www.financialexpress.com/fe_full_story.php?content_id=74155
New patent regime: Concerns centre around rise in prices
http://www.financialexpress.com/fe_full_story.php?content_id=74157
More in Commodities at http://www.financialexpress.com/commodities.html
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States
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Wayanad farm income shrinking by Rs 639 cr
http://www.financialexpress.com/fe_full_story.php?content_id=74122
AP confident of getting funds for irrigation projects
http://www.financialexpress.com/fe_full_story.php?content_id=74123
45% of all Swarozgar Grameen Yojana beneficiaries are SCs/STs
http://www.financialexpress.com/fe_full_story.php?content_id=74124
More in States at http://www.financialexpress.com/states.html
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News
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�India keen to carry forward talks with Pak�
http://www.financialexpress.com/fe_full_story.php?content_id=74118
Indo-Israeli talks begin this week
http://www.financialexpress.com/fe_full_story.php?content_id=74121
Reserve Bank wants uniform account numbers for banks
http://www.financialexpress.com/fe_full_story.php?content_id=74178
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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Hutchison Max Telecom applies to RBI for consolidation of operations
http://www.financialexpress.com/fe_full_story.php?content_id=74085
Microsoft CEO to visit Hyderabad today
http://www.financialexpress.com/fe_full_story.php?content_id=74087
Indian firms see outsourcing potential in US drug price hike
http://www.financialexpress.com/fe_full_story.php?content_id=74088
More in Front Page at http://www.financialexpress.com/efe/frontpage.html
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Convergence
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PSU banks score poor on technology front, shows report
http://www.financialexpress.com/fe_full_story.php?content_id=74090
Dairy experts warn against artificial drugs
http://www.financialexpress.com/fe_full_story.php?content_id=74091
Aztec to expand operations, set up new centres
http://www.financialexpress.com/fe_full_story.php?content_id=74092
More in Convergence at http://www.financialexpress.com/efe/convergence.html
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Marketing & Management
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Airconditioners: LG in bid to beat seasonal nature
http://www.financialexpress.com/fe_full_story.php?content_id=74097
Zodiac cuts new plans for alliances, expansion
http://www.financialexpress.com/fe_full_story.php?content_id=74099
Pizza Corner plans foray into export markets
http://www.financialexpress.com/fe_full_story.php?content_id=74100
More in Marketing & Management at
http://www.financialexpress.com/efe/marketing&management.html
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