EXPRESSINDIA.COM  
The Indian Express Group  
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The Financial Express daily newsletter  
Edition of Friday, November 26, 2004  
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THE FINANCIAL EXPRESS  
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TODAY'S TOP STORIES  
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Six REL directors exit, stock dips close to 6%  
REL informed The Stock Exchange, Mumbai on Thursday afternoon that Satish Seth, 
SC Gupta, JP Chalasani, Amitabh Jhunjhunwala , KH Mankad and Prof J 
Ramachandran, an independent director, had resigned from the board.  
http://www.financialexpress.com/fe_full_story.php?content_id=75248  
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Overseas patents may need NOC  
Indians wanting to file for overseas patents will have to obtain a no-objection 
certificate from the Centre, according to the re-drafted Patent Bill 2004.  
http://www.financialexpress.com/fe_full_story.php?content_id=75253  
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Unhappy turn of events: Anil   
The rift between the Ambani brothers had been simmering for a long time. 
Matters seemed to have come to a head following a board meeting on July 27, 
2004, which redefined the powers of the two brothers. In a communication to his 
elder brother, Anil Ambani expressed his �deep concern at the unhappy turn of 
events�.  
http://www.financialexpress.com/fe_full_story.php?content_id=75250  
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FDI likely in branded retail, says Kamal Nath  
The government would, keep the discretion as to which sectors it would allow 
FDI in dedicated branded shops, the minister said, adding that the sectors that 
ranked high on employment generation capability would get precedence.  
http://www.financialexpress.com/fe_full_story.php?content_id=75252  
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Mukesh was at REL Oct board meet  
RIL CMD Mukesh Ambani, who is not a Reliance Energy Limited board member, had 
attended an Reliance Energy Limited board meeting on October 20 where he 
articulated his vision on the power sector and Reliance Energy Limited�s role 
in it.  
http://www.financialexpress.com/fe_full_story.php?content_id=75249  
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Rail freight rate hike to net Rs 400 crore  
The new rates, to be effective from Saturday, will yield an additional revenue 
of Rs 400 crore during the remaining part of the current financial year. The 
mid-term revision of freight will help the Indian Railways in partly offsetting 
the additional burden on account of hike in prices of diesel and steel.  
http://www.financialexpress.com/fe_full_story.php?content_id=75251  
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BOTTOMLINE: Through the camera lens, creatively  
What better place to premier your film than the beaches of Goa? Well, you can 
actually do it now. Make a movie in 24 hours and premier it during the Goa film 
festival. All for free. But only if you are 24 years old or below.  
http://www.financialexpress.com/fe_full_story.php?content_id=75254  
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Edits & Columns  
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Dribbling with cherries and plums  
Take the case of gas. Doubtless, with the expectation that global oil prices 
would remain high in the foreseeable future, both Pakistan and India share the 
need to have access to gas flows from west Asia.  
http://www.financialexpress.com/fe_full_story.php?content_id=75209  
  
Shortages loom large  
It all started in the early �90s when the government withdrew budgetary support 
to the coal sector. Creation of new mining capacity was drastically reduced.  
http://www.financialexpress.com/fe_full_story.php?content_id=75211  
  
Search moves to the desktop  
The 21st century saw the challenge shift from one of storage to search 
capability. Long used to the idea that �anything that is machine readable can 
be searched by superfast computers in a jiffy,� the end-users started to fret 
and fume.  
http://www.financialexpress.com/fe_full_story.php?content_id=75210  
  
More in Edits & Columns at http://www.financialexpress.com/edits&columns.html  
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Investor  
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Sebi may allow sub-brokers of RSE subsidiaries to issue contract notes  
http://www.financialexpress.com/fe_full_story.php?content_id=75224  
  
Implementation of 3-party agreement deferred by 1 mth  
http://www.financialexpress.com/fe_full_story.php?content_id=75225  
  
RIL tops turnover in November futures contract  
http://www.financialexpress.com/fe_full_story.php?content_id=75226  
  
More in Investor at http://www.financialexpress.com/investor.html  
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Money & Banking  
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Jittery debt mart forces banks to put Tier-II issues on hold  
http://www.financialexpress.com/fe_full_story.php?content_id=75236  
  
FedBank board proposes BoI�s Venugopalan as next chairman   
http://www.financialexpress.com/fe_full_story.php?content_id=75237  
  
Re premiums pushed into discount as spot Re gains against greenback  
http://www.financialexpress.com/fe_full_story.php?content_id=75238  
  
More in Money & Banking at http://www.financialexpress.com/money&banking.html  
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Economy  
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Small producers exempeted from filing inputs information  
http://www.financialexpress.com/fe_full_story.php?content_id=75216  
  
Viability gap funds to support public-private projects: FM  
http://www.financialexpress.com/fe_full_story.php?content_id=75217  
  
Core sector growth inches up to 4.6%  
http://www.financialexpress.com/fe_full_story.php?content_id=75218  
  
More in Economy at http://www.financialexpress.com/economy.html  
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Politics  
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BJP discusses internal security, farmers� plight  
http://www.financialexpress.com/fe_full_story.php?content_id=75243  
  
Munda to remain Jharkhand CM   
http://www.financialexpress.com/fe_full_story.php?content_id=75245  
  
Left angry at being kept in dark on Rly freight hike  
http://www.financialexpress.com/fe_full_story.php?content_id=75246  
  
More in Politics at http://www.financialexpress.com/politics.html  
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Corporate  
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Atlas importing Chinese cycles  
http://www.financialexpress.com/fe_full_story.php?content_id=75189  
  
BOC gets south beachhead with Jindal Steel deal  
http://www.financialexpress.com/fe_full_story.php?content_id=75190  
  
Exide board okays equity pvt placement with FIIs, MFs  
http://www.financialexpress.com/fe_full_story.php?content_id=75191  
  
More in Corporate at http://www.financialexpress.com/corporate.html  
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Fe Insight  
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Time for China to float its currency  
http://www.financialexpress.com/fe_full_story.php?content_id=75213  
  
Understanding India�s external debt statistics  
http://www.financialexpress.com/fe_full_story.php?content_id=75214  
  
The transformation of Beijing�s labour market  
http://www.financialexpress.com/fe_full_story.php?content_id=75215  
  
More in Fe Insight at http://www.financialexpress.com/feinsight.html  
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Commodities  
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India on the verge of next Green Revolution  
http://www.financialexpress.com/fe_full_story.php?content_id=75229  
  
Andaman & Nicober palm plantation to generate business  
http://www.financialexpress.com/fe_full_story.php?content_id=75231  
  
MCX, Baltic Exchange tie up to launch freight rate futures  
http://www.financialexpress.com/fe_full_story.php?content_id=75232  
  
More in Commodities at http://www.financialexpress.com/commodities.html  
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News  
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Ties in diamond sector may lead India-Russia talks  
http://www.financialexpress.com/fe_full_story.php?content_id=75219  
  
States to meet PM over debt servicing  
http://www.financialexpress.com/fe_full_story.php?content_id=75223  
  
MPLADS ceiling raised to Rs 24 lakh  
http://www.financialexpress.com/fe_full_story.php?content_id=75247  
  
More in News at http://www.financialexpress.com/news.html  
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>From The South  
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Nutrine Hazelnut Eclair launched  
http://www.financialexpress.com/fe_full_story.php?content_id=75255  
  
India Exposition Mart to boost handicrafts exports  
http://www.financialexpress.com/fe_full_story.php?content_id=75256  
  
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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Redefine role of CFOs: McKinsey  
http://www.financialexpress.com/fe_full_story.php?content_id=75174  
  
India, Pakistan eye optic fibre link  
http://www.financialexpress.com/fe_full_story.php?content_id=75175  
  
HCL Infosystems mulls second plant  
http://www.financialexpress.com/fe_full_story.php?content_id=75178  
  
More in Front Page at http://www.financialexpress.com/efe/frontpage.html  
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Convergence  
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BSNL inks deal with ISAN for free service  
http://www.financialexpress.com/fe_full_story.php?content_id=75183  
  
BITS to log in for online admission tests  
http://www.financialexpress.com/fe_full_story.php?content_id=75185  
  
Sun Micro  launches Solaris 10  
http://www.financialexpress.com/fe_full_story.php?content_id=75186  
  
More in Convergence at http://www.financialexpress.com/efe/convergence.html  
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Beyond Business  
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Of pasta tops and espresso gowns  
http://www.financialexpress.com/fe_full_story.php?content_id=75167  
  
Catching the inner light   
http://www.financialexpress.com/fe_full_story.php?content_id=75169  
  
<i>Alexander</i> more average than great  
http://www.financialexpress.com/fe_full_story.php?content_id=75172  
  
More in Beyond Business at 
http://www.financialexpress.com/efe/beyondbusiness.html  
  
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