India - Telephone Company Deploys Latest Digital System

[M.G.Balakrishna Rao]

From : M.G.BALAKRISHNA RAO
Source : Deccan Herald
Date : Mon, 6 Jul 1992
Countries: India, Sri Lanka and Pakistan

* * * * * * *

JULY 1
==== =

SHUKLA'S LETTER RELEASED
MEET ON CAUVERY REJECTS WATER MONITORING PANEL
BANGALORE- The all-party meeting convened by the Chief Minister to
discuss the Cauvery issue today decided to reject Union Water Resources
Minister V.C Shukla's proposal for the formation of a water monitoring
committee and to continue to fight the case before the tribunal.

'VISIBLE PROGRESS ON POLITICAL FRONT'
PM'S FIRST PRESS CONFERENCE ON THE OCCASION OF COMPLETING ONE YEAR IN
THE OFFICE: PM CONFIDENT OF SEEING THROUGH ECONOMIC REFORMS

IMF RELEASES $ 647 M TO INDIA
NEW DELHI- The International Monitory Fund (IMF) has released $647
million to India signifying the approval of Government's macro-
economic stabilisation programme for 1991-92 and the proposed
programme for the current year.

NO PLACE FOR SCAMMERS IN GOVT: PVN
NEW DELHI- Prime Minister P.V.Narasimha Rao today said that he would
not spare any of his ministerial colleagues found involved in the
securities scam.

GOVT TO ENSURE MOVEMENT OF ESSENTIALS
TRANSPORT STRIKE MAY HAVE WIDE IMPACT
NEW DELHI- At the stroke of midnight today, nearly 15 lakh trucks and
lorries all over the country will stop transporting goods and commodities
with transporters reiterating their resolve to go ahead with the
indefinite bundh from tomorrow.

WATER SCARCITY: WATER-LADEN WAGONS ARRIVE IN GULBARGA

STOCK SCAM - RBI CHIEF HOPEFUL OF RECOVERING 2000 CR

ALL 12 IN STANCHART FRAUD CASE REMANDED
BOMBAY- The 12 accused arrested by the Central Bureau of Investigation
on June 22 and 23 in the Standard Chartered Bank fraud case were today
remanded to CBI custody till July 7, by Special Judge Justice S.N.Viriava
at the Bombay High Court.

GRINDLAY'S CHIEF COMING FOR TALKS
BOMBAY- ANZ Grindlay's Bank Chief Sir Brian Shaw is flying tonight to
Bombay from London to discuss provision of Rs.506 Crore by it against
an anticipated loss in the scam with the Reserve Bank of India.

REVISED NORMS FOR RAISING FOREIGN EQUITY ANNOUNCED
NEW DELHI- The Government today announced the revised rules for raising
foreign equity up to 51 per cent in existing companies.

ITI DEPLOYS LATEST DIGITAL SYSTEM
THIRUVANTHAPURAM- The Indian Telephone Industries Ltd has deployed its
latest, indigenously-developed digital switching system -the XD-90-
for field tests at Attingal, near here.
The XD-90 is fully digital main office switch designed by the switching
R & D wing of the ITI, Bangalore, and is adaptable to every type of
requirement, from the dense urban to sparsely populated areas. The
XD-90 is expected to go into volume production and supply to users
across the country by end 1993.

NEW DELHI: 9 CATEGORIES OF PERSONS ALLOWED TO IMPORT CARS

VIDEOCON PLANS STEEL PLANT IN MANGALORE
BANGALORE- Videocon, which was in the race for setting up the Vijayanagar
steel plant, now proposes to set up an integrated steel plant at Mangalore.
Official sources disclosed here today that Videocon has come up with a
firm proposal. The investment in the project would be between Rs. 1,800
crore and Rs. 2,000 crore and the capacity one million tonnes.
The proposed would manufacture a range of steel items including rolled
products, sheets and wire rods.
LMW is also planing a half-a million tonne pig iron plant in the iron-ore
rich Bellary region. The investment in the project would be around
Rs. 600 crore.
Besides, C-Mos, a company promoted by non-resident Indians in the US,
plans to shift its operations to Bangalore. The company makes
sub-assemblies for computer firms such as IBM and Apple.
In view of the rising labour costs in Taiwan and South Korea,
C-Mos is believed to be considering India as a base for manufacturing
and re-export to the USA.

GAVASKER TO LEAD THE INTERNATIONAL XI
COLOMBO- Batting Maestro Sunil Gavasker will lead an International XI
which will two day-and-night limited overs matches against the Board
President's XI here on August 8 and 9.

JULY 2
==== =

CENTRE CALLS FOR TALKS
TRUCKERS' STRIKE HITS TRANSPORT OF GOODS
NEW DELHI- Trucks stayed off the roads today in several parts of the
country hitting movement of essential commodities, as an indefinite
strike by goods transport operators demanding abolition of toll tax
and octoroi received partial to total response.

BANGALORE: TRUCKS STOPS PLYING IN BANGALORE

NEW DELHI: EXPORT-IMPORT POLICY FURTHER LIBERALISED

NEW DELHI-PVN TO EXPAND CABINET TODAY

LANKAN ARMY SEALS JAFFNA, KILLS 260 TIGERS
COLOMBO - The Sri Lankan Security Forces have "effectively sealed" a
vital land route to the northern Jaffna Peninsula after killing at
least 260 Tamil militants and losing 33 soldiers in a fierce battle
yesterday, a militant spokesman said today.

11 KILLED IN BHILAI POLICE FIRING
BHOPAL - At least 11 members of the Chhattisgarh Mukti Morcha were
killed in police firing and 40 policemen injured, six seriously, in
the stone throwing by the Morcha activists, leading to the imposition
of the indefinite curfew at the powerhouse area in the industrial
township of Bhilai this evening.

BIHAR RAJYA SABHA, COUNCIL POLLS CANCELLED

BJP NOT AVERSE TO NO-TRUST MOVE AGAINST PVN GOVT: ADVANI

GOVT ALLOWS SHIFTING OF PHONES

SWELL CALLS FOR TV DEBATE AMONG CONTENDERS

PRESIDENTIAL POLLS - VOTE COUNTING TO BEGIN ON JULY 16

BOMBAY-STOCKS SCAM: CBI TOLD TO CO-ORDINATE PROBE

FAIRGROWTH GROUP BANNED FROM DOING BUSINESS
BOMBAY- The Reserve Bank of India has prohibited Fairgrowth Financial
Services Limited and three other companies in the group from transacting
any fresh business with immediate effect.

CHANDIGARH: PUNJAB ULTRAS BREACH CANAL, TORCH 3 BUSES

BOMBAY-DUTY SOPS UNLIKELY TO BAILOUT TV INDUSTRY

ESSAR YET TO INTIMATE GOVT
BANGALORE: The Government is yet to receive any official communication
from Essar about its reported withdrawal from the Vijayanagar steel
project.

UTI, HDFC LAUNCH HOUSING UNIT SCHEME
BOMBAY- Unit Trust of India (UTI) and Housing Development Financial
Corporation (HDFC) have jointly devised a new instrument - the housing
unit scheme 1992, an innovative product designed to link the investment
and capital appreciation of units of the Unit Trust of India which are
purchased by individuals to future repayments on a housing loan taken
by the individual.

BOARD FINGERS BURNT IN STOCK SCAM?
THIRUVANTHAPURAM- The stock scam seems to have spread its tentacles wider
than expected, the latest victim being the Board of Control (BCCI),
hailed as one of the most efficiently run and the richest sports-body in
the country.

LONDON- ENG-PAK THIRD TEST FROM TODAY

JULY 3
==== =

MINOR RESHUFFLE IN PORTFOLIOS
PVN INDUCTS SIX NEW MINISTERS INTO CABINET
The new incumbents are Mr.R.L.Bhatia and Mrs.Sikhbans Kaur from Punjab,
Mr.Sukh Ram from Himachal Pradesh, Mrs.Krishna Sami from Bihar, and
Col.Ram Singh and Miss Seija from Haryana.

NEW MINISTERS AND PORTFOLIOS
NEW DELHI - Following are the portfolios of the six new entrants into the
Union Council of Ministers.
MINISTER OF STATE INDEPENDENCE CHARGE
Sukh Ram: Planning and Programming Implementation and the new department
of nonconventional energy.
Ministers of State
R.L.Bhatia: External Affairs.
Sukhbans Kaur Bhinder:Tourism.
Col.Ram Singh: Wasteland Development in the Ministry of Rural Development.
Krishna Sahi: Industrial Development.
Deputy Minister
Ms.Seija: Education and Culture.
Consequential changes
H.R.Bharadwaj: Moved to Law from Programme Implementation.
P.J.Kurien: Small-Scale and Agro Industries from Industrial Development.
P.R.Kumaramangalam: Science and Technology and Parliamentary Affairs
(earlier he also held Law)

TRUCK STRIKE ENTERS SECOND DAY
PM FOR MEETING GENUINE DEMANDS OF TRANSPORTERS

INSAT-2A TO TAKE OFF ON JULY 10

POLL PANEL SACKS BIHAR CEO
NEW DELHI - The Election Commission today removed the Chief Electoral
Officer of Bihar, Mr.Satish Bhatnagar, from the post, holding him "unfit",
in the wake of cancellation of the June 25 polling in the Rajya Sabha
Legislative Council election following complaints of irregularities.

TUNGABHADRA WATER FOR GULBARGA FROM TODAY
GULBARGA- For the first time in the State, Gulbarga citizens are being
supplied with drinking water being brought to the city in railway wagons.
The first of these water trains arrived in the city on Tuesday. Water from
the distant river, Tungbhadra, has already reached the filter bed of the
city's water purification plant. Citizens would get piped water from
tomorrow.

INSAT-2A INSURED FOR $ 100M
BANGALORE- India's first indigenously built multipurpose INSAT-2A satellite,
scheduled for launch on July 10, has been insured for $ 100 million.

AHMEDABAD RIOTS CLAIM 7 LIVES, CURFEW CLAMPED
AHMEDABAD- The Army has been alerted here following large-scale violence
late this afternoon. Seven persons are reported to have been and at least
50 injured after rioting broke out during the traditional Rathyathra.

US COMMERCE DEPT SUES BOB
WASHINGTON- The United States Commerce Department has filed a suit against
the Bank of Baroda, New York branch, for allegedly violating Act and
Regulations.

PIRABHAKARAN FLEES JAFFNA

BIFR TO REVIVE KAMANI METALS, TEXMACO
NEW DELHI- The board of Industrial and Financial Reconstruction has
developed a draft scheme for the rehabilitation of two companies, Kamani
Metals and Alloys and Texmaco Limited besides recommending the winding
up of another sick industrial company viz., Ashok Steel Corporation Ltd.

BANGALORE: CERTIFICATION OF SILK FOR EXPORTS GOES

NEW DELHI: AIR-LINK FOR SOUTH AFRICA SOON

WIPRO INFOTECH OPENS A SEPARATE BUSINESS UNIT: WIPRO PERIPHERALS
LAUNCHES NEW PRINTERS

SOHAIL SLAMS DOUBLE TON: PAK WELL PLACED
MANCHESTER- Aamir Sohail struck a superb double century as Pakistan
launched a blistering attack on England's ineffective bowlers in the
third Test at Old Trafford today.
Scores: Pakistan 1st innings: 388 for 3 (Aamir Sohail 205, Rameez
Raja 54, Asif Mujthaba 57, Javed 59 (batting)

* E N D *