EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Thursday, November 18, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Ranbaxy to put allied business on the block  
Ranbaxy Laboratories Ltd plans to put on the block its non-core businesses 
including animal healthcare, diagnostics and fine chemicals. The three allied 
businesses contribute roughly Rs 125 crore to the drug major�s total turnover.  
http://www.financialexpress.com/fe_full_story.php?content_id=74440  
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Auto, bank, tech stocks propel Sensex past 6K  
The Sensex finally closed above the 6,000 mark after flirting with it since 
last week. Recording its third consecutive rise, the 30-share BSE Sensex ended 
19.88 points higher to close the day at 6,016.58.  
http://www.financialexpress.com/fe_full_story.php?content_id=74441  
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Local production to be must for MNC drug patent-holders  
In what could be a major setback to pharma MNCs, the government has decided 
that patent-holders would have to manufacture the product in India or forgo 
monopoly rights.  
http://www.financialexpress.com/fe_full_story.php?content_id=74442  
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FM happy with 6.5% growth rate  
Even at a gross domestic product growth rate of 6-6.5% during 2004-05, India 
would be one of the fastest growing economies of the world, said finance 
minister P Chidambaram.  
http://www.financialexpress.com/fe_full_story.php?content_id=74443  
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Sears Roebuck, Kmart in $11bn merger deal  
Sears Roebuck, the department store chain, and Kmart, the US discount 
superstore that emerged from bankruptcy last year, have unveiled plans for an 
$11 billion merger. This deal will create the third largest retailer in the US. 
 
http://www.financialexpress.com/fe_full_story.php?content_id=74444  
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Diclowin Plus ads to be withdrawn  
Wings Pharmaceuticals has decided to suspend advertisements for its Rs 50- 
crore megabrand Diclowin Plus, being popularised as <i>�hari panni waali 
goli</i>,� on TV.  
http://www.financialexpress.com/fe_full_story.php?content_id=74445  
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Edits & Columns  
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Small isn�t beautiful  
The government is reportedly toying with the idea of introducing legislation to 
compel government enterprises and PSUs to source a specified percentage of 
their purchases from small-scale industries.  
http://www.financialexpress.com/fe_full_story.php?content_id=74412  
  
Migrant workers to migrating farmers  
When indentured workers sailed to the Caribbean and Africa, they hoped to get 
back home in a few years� time. This dream failed for many, as they were forced 
to remain there, not able to afford the passage back for decades.  
http://www.financialexpress.com/fe_full_story.php?content_id=74416  
  
Gunboat democracy: a contradiction in terms  
Without doubt, President George W Bush and Prime Minister Tony Blair believed 
that Saddam Hussein either had, or had the wherewithal to produce, such weapons 
when they decided for pre-emptive war.  
http://www.financialexpress.com/fe_full_story.php?content_id=74415  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Sensex takes longer to gain a kilo  
http://www.financialexpress.com/fe_full_story.php?content_id=74471  
  
No of stocks traded hits near 5-yr high of 2,421 on BSE  
http://www.financialexpress.com/fe_full_story.php?content_id=74472  
  
E*Trade, Softbank to buy 34% in IL&FS Investsmart  
http://www.financialexpress.com/fe_full_story.php?content_id=74474  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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IDBI Bank to hike floating home loan rate, ICICI retains discount  
http://www.financialexpress.com/fe_full_story.php?content_id=74446  
  
FinMin gives nod for National Export Insurance Fund  
http://www.financialexpress.com/fe_full_story.php?content_id=74447  
  
�Rupee poised to touch 44.5 per dollar by December�  
http://www.financialexpress.com/fe_full_story.php?content_id=74448  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Detoxification of education, FDI in government�s list of achievements  
http://www.financialexpress.com/fe_full_story.php?content_id=74459  
  
7-8% GDP growth feasible, says Montek   
http://www.financialexpress.com/fe_full_story.php?content_id=74482  
  
Exports dip in October  
http://www.financialexpress.com/fe_full_story.php?content_id=74487  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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Cong rules out LJP joining NDA for Bihar Assembly polls  
http://www.financialexpress.com/fe_full_story.php?content_id=74455  
  
CPI accuses UPA of bypassing Parliament  
http://www.financialexpress.com/fe_full_story.php?content_id=74457  
  
No sense in alliance with INLD for Haryana poll: BJP  
http://www.financialexpress.com/fe_full_story.php?content_id=74456  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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GoI defers Opic-led bidding process for Dabhol assets  
http://www.financialexpress.com/fe_full_story.php?content_id=74460  
  
GAIL in talks for Mitsubishi Chem�s LDPE plant in Japan  
http://www.financialexpress.com/fe_full_story.php?content_id=74461  
  
P&G set to take on HLL with Tide detergent bar at Rs 8.50  
http://www.financialexpress.com/fe_full_story.php?content_id=74462  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Fe Insight  
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Are media agencies adding value?  
http://www.financialexpress.com/fe_full_story.php?content_id=74419  
  
Marketing insights active in the competition for more sky share  
http://www.financialexpress.com/fe_full_story.php?content_id=74420  
  
Do subtle ads work in our market?  
http://www.financialexpress.com/fe_full_story.php?content_id=74421  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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Commodities  
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Gold gallops to historic high of Rs 6,580 per 10 gram  
http://www.financialexpress.com/fe_full_story.php?content_id=74473  
  
Tea shipped to Libya despite quality warnings   
http://www.financialexpress.com/fe_full_story.php?content_id=74477  
  
�Sugar output may dip to 13 mt this fiscal�  
http://www.financialexpress.com/fe_full_story.php?content_id=74481  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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News  
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Indo-US hi-tech talks begin today  
http://www.financialexpress.com/fe_full_story.php?content_id=74423  
  
Consultative panel for curb on iron ore exports  
http://www.financialexpress.com/fe_full_story.php?content_id=74424  
  
Ircon bags Rs 199 cr TN road contract  
http://www.financialexpress.com/fe_full_story.php?content_id=74425  
  
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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Raj TV won�t go off air, to uplink from Bangkok from today  
http://www.financialexpress.com/fe_full_story.php?content_id=74434  
  
�K� queen to reign in US now  
http://www.financialexpress.com/fe_full_story.php?content_id=74436  
  
While price rose, oil advertisements dipped  
http://www.financialexpress.com/fe_full_story.php?content_id=74438  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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Firstcall India Equity keen to invest in biotech start-ups  
http://www.financialexpress.com/fe_full_story.php?content_id=74426  
  
BSNL-MTNL merger process may take 10-12 months  
http://www.financialexpress.com/fe_full_story.php?content_id=74428  
  
Barrett likely to unveil expansion plans for India  
http://www.financialexpress.com/fe_full_story.php?content_id=74435  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
  
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