Top Newspaper Headlines

 Builders will have to refund buyers for project delays
Developer to repay advance with interest, move to reduce litigation

 Its' fastest, it's latest, it's India's supercomp
Scientist Narendra Karmarkar says he can build speed maching by March 2007

 RBI tells states to stop regulating microfin rates
RBI feels Moneylender Act should not apply to state MFIs operating in the form of NBFCs

 Lock-in norms for VCs, PEs take sheen off pre-IPO deals
Sebi has not accepted the demand to consider date of investment in a subsidiary as starting date of investment

 Reddy may take middle path for safe landing
ADB report, Fitch comments, hints from the Governor and RBI data hold key to policy direction

 The Hindu Business Line

 Ethanol Supply: Oil cos to start price talks next week
Bidding process completed; Nov 1 deadline may not be met

 Insurance cos to be allowed to invest in SEZs
C S Rao, chairman of IRDA, sees no major issue with SEZs.

 Reliance's retail initiative takes off
Launches Reliance Fresh and Reliance Select in Hyderabad

 Gadgets galore in BangaloreIT.in
Kid-tracker is one which helps track and locate a child in an emergency

 Spanco-BSNL may bag Rlys call centre deal
Contract to be spread over 10 years

 DNA Money

 Q2 confirms growth momentum
Profits are growing faster than sales, indicating high demand situation

 Is the bond market ahead of the curve?
The RBI is behind for sure. Whether traders are behind remains to be seen

 Why SBI is still poor cousin to ICICI
The public sector bank has higher net margins, but its private sector rival is streets ahead on fee-based income


The Financial Express

 MFs blaze a trail in debt market
Set to break last year's record; far outpaces equity instruments

 Ash billed as Bollywood's best box-office bet in November
Starring in three of the six releases over the next five weeks

 Shipping Ministry also fed up with PPP-AC
Ministry feels that central govt guidelines of 1996 are comprehensive enough to deal with PPP projects