EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Thursday, October 07, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Plan panel suggests clipping restrictions  
The Planning Commission has recommended clipping of the restrictive provisions 
entailed in Press Note 18 which require foreign companies to get the FIPB approval 
before setting up a new venture. The department of industrial policy and promotion 
has, however, stuck to its position and demanded status quo.  
http://www.financialexpress.com/fe_full_story.php?content_id=70756  
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Schroeder adds voice  
The controversy over Press Note 18 found an echo in visiting German Chancellor Gerhard 
Schroeder�s address to leaders of industry in the capital.  
http://www.financialexpress.com/fe_full_story.php?content_id=70757  
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DoT reluctant to interfere in BSNL-private operators� spat  
The department of telecommunications may not initiate any action against operators 
involved in illegal routing of ILD calls using the BSNL network, according to a senior 
government official.  
http://www.financialexpress.com/fe_full_story.php?content_id=70758  
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Next Budget will bring range of tax reforms, says PM  
Prime Minister Manmohan Singh said on Wednesday that the government would present a 
comprehensive set of tax reforms in the next Budget.  
http://www.financialexpress.com/fe_full_story.php?content_id=70759  
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Aiyar wants states to cut sales tax on petroleum products  
Petroleum minister Mani Shankar Aiyar is seeking Prime Minister Manmohan Singh�s 
intervention to impress upon states the need to reduce sales tax on petroleum 
products.  
http://www.financialexpress.com/fe_full_story.php?content_id=70760  
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BOTTOMLINE: Return of the Mumbai native  
�I have already said I will take a personal interest in ensuring that Mumbai�s 
infrastructure is brought up-to-date. Since I�ve been in office just three-and-a-half 
months, I have no record book to display".  
http://www.financialexpress.com/fe_full_story.php?content_id=70761  
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Edits & Columns  
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The Planning Commission controversy   
The Institute for Public Accuracy, a Washington-based think-tank, has put out an 
interesting research article called �Harvard�s Best and Brightest Aided Russia�s 
Economic Ruin.�  
http://www.financialexpress.com/fe_full_story.php?content_id=70709  
  
Are housing prices a house of cards?  
The first big city to boom was London, starting around 1996. Boom mentality spread to 
Los Angeles, New York, and Sydney around 1997, to Paris in 1998, to Miami, Moscow, and 
Shanghai in 2001, and Vancouver around 2002.  
http://www.financialexpress.com/fe_full_story.php?content_id=70708  
  
Retain Press Note 18  
It would be pertinent here to list some of the totally one-sided terms that MNCs have 
imposed on their Indian JVs.  
http://www.financialexpress.com/fe_full_story.php?content_id=70711  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Assured returns hold the key  
http://www.financialexpress.com/fe_full_story.php?content_id=70748  
  
Diversified equity MFs lag behind major stock indices in September  
http://www.financialexpress.com/fe_full_story.php?content_id=70749  
  
Number of demat accounts at record high on NSDL  
http://www.financialexpress.com/fe_full_story.php?content_id=70750  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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HSBC eyes �opportunistic buys�  
http://www.financialexpress.com/fe_full_story.php?content_id=70712  
  
Foreign promoter keen on increasing ING Life stake  
http://www.financialexpress.com/fe_full_story.php?content_id=70713  
  
Enlarge DRTs� scope to cover NBFCs: Assocham  
http://www.financialexpress.com/fe_full_story.php?content_id=70714  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Inflated bills, higher claims in mediclaim scam  
http://www.financialexpress.com/fe_full_story.php?content_id=70739  
  
Top cos in CBEC�s defaulters list  
http://www.financialexpress.com/fe_full_story.php?content_id=70736  
  
No obstacles in receiving World Bank, int�l funds: FM  
http://www.financialexpress.com/fe_full_story.php?content_id=70740  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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No Scrapping of Press Note 18: Left  
http://www.financialexpress.com/fe_full_story.php?content_id=70720  
  
�Maharashtra needs government on same wavelength as Delhi�  
http://www.financialexpress.com/fe_full_story.php?content_id=70719  
  
Cong confused, full of contradictions: BJP  
http://www.financialexpress.com/fe_full_story.php?content_id=70723  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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Maruti brass on Japan visit to finetune  
http://www.financialexpress.com/fe_full_story.php?content_id=70726  
  
Tata group gung-ho on Bangla plans  
http://www.financialexpress.com/fe_full_story.php?content_id=70727  
  
Tata Motors Sept sales up 25%  
http://www.financialexpress.com/fe_full_story.php?content_id=70728  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Fe Insight  
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Story telling as a communication tool  
http://www.financialexpress.com/fe_full_story.php?content_id=70744  
  
India: great product, bad positioning  
http://www.financialexpress.com/fe_full_story.php?content_id=70745  
  
New marketing? Same aim as old advertising  
http://www.financialexpress.com/fe_full_story.php?content_id=70746  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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News  
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IAF to be modernised  
http://www.financialexpress.com/fe_full_story.php?content_id=70721  
  
Regulator for oil & gas sector by early 2005  
http://www.financialexpress.com/fe_full_story.php?content_id=70722  
  
More in News at http://www.financialexpress.com/news.html  
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>From The South  
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Kerala's trade-off parleys for FACT slip back to square one  
http://www.financialexpress.com/fe_full_story.php?content_id=70763  
  
CIAL pays Rs 3.9 cr maiden dividend  
http://www.financialexpress.com/fe_full_story.php?content_id=70766  
  
Export market comfort for FACT  
http://www.financialexpress.com/fe_full_story.php?content_id=70764  
  
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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Giesecke & Devrient to invest 10 million euros in Indian operations  
http://www.financialexpress.com/fe_full_story.php?content_id=70694  
  
IBM, C-DAC, IIT Bombay to set up OSSRC  
http://www.financialexpress.com/fe_full_story.php?content_id=70696  
  
Organisations fail to provide content security: E&Y survey  
http://www.financialexpress.com/fe_full_story.php?content_id=70697  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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HYSEA�s social initiative  
http://www.financialexpress.com/fe_full_story.php?content_id=70700  
  
Scicom Bhd starts India operations  
http://www.financialexpress.com/fe_full_story.php?content_id=70701  
  
HYSEA to encourage students towards IT sector as career options  
http://www.financialexpress.com/fe_full_story.php?content_id=70699  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
  
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