From: blrv1@verifone.com (M.G.Balakrishna Rao)
Subject: India - Maruti to unveil yet another new model
Organization: VeriFone, Bangalore
Date: Fri, 4 Sep 92 18:44:34 GMT


From	: M.G.Balakrishna Rao
Source	: Deccan Herald
Date	: Sept 2 - 4, 1992
Country	: India, Sri Lanka and Pakistan


SEPTEMBER 2
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PVN HAS BUSY SCHEDULE, MEETS GHALI
JAKARTA- Amidst his busy schedule today Prime Minister P.V.Narasimha
Rao had fruitful talks with a number of dignitaries now assembled here
for the NAM summit.

CONTRACT FOR BOGIES - HC INDICTS SHARIEF FOR FAVORITISM
NEW DELHI- The Delhi High Court has passed severe strictures against
the Union Railway Minister, C.K.Jaffar Sharief, for giving undue favour
to nine companies in awarding contracts for supply of 20,000 railway
bogies.

FAIRGROWTH: I-T NOTICES SERVED
BANGALORE- The Income Tax department is said to have served notices
to 44 shareholders of Fairgrowth Financial Services Limited who own
more than five lakh shares each of the company.

KA: SENIOR MINISTERS CONTINUE BOYCOTT OF CABINET MEETING

BHOPAL GAS VICTIMS' COMPENSATION HIKED
BHOPAL- The Union Government has decided to enhance the compensation
for those killed in the gas leak in Bhopal. Earlier, the amount was fixed
between Rs.1 lakh and Rs 3 lakh. However, on the representation of the
State Government, the upper limit has been increased to Rs.5 lakh.

9 KILLED IN MADRAS VIOLENCE
MADRAS- Nine persons were killed in a group clashes and police firing
at Ennore in North Madras this morning. While five persons were stabbed
to death in the clashes which erupted last night and continued till
this morning, four more were killed in the police firing.

CENTRAL OBSERVERS MEET AT REBELS
HYDERABAD- Prompted by the mounting pressure exerted by Andra Pradesh
Congress dissidents the party high command has deputed a team of three
central observers to study the political situation in the State, and
submit its report to the Prime Minister after his return from Jakarta.

I-T OFFICIALS RAID COMPUTER FIRM
HYDERABAD- Income-tax officials raids on a city-based computer software
firm and its associate companies in Bombay, Pune, Bangalore and Madras,
and seized several documents, gold and unaccounted cash worth several
lakhs, according to a release here today.

BIRLAS' TAKEOVER OF BANK LIKELY TO BE DELAYED
KOCHI- The proposed takeover of the Catholic Syrian Bank, the third
largest bank in Kerala by the Birlas is likely to be delayed till the
controversy over the multicrore stock scam settles, according to banking
sources here.

CHELLIAH PANEL FOR LESS HARSHER I-T SEARCH METHODS

HONGKONG BANK OPENS BRANCH IN BANGALORE

MARUTI'S STATE-OF-ART MODEL CARS NEXT YEAR
NEW DELHI- The Maruti Udyog Limited is to bring out a state-of-art YE-2
model cars early next year which would be fitted with one litre aluminum
engines.
The car would be slightly bigger than Maruti 800 but smaller than
Maruti 1000. Though the company had not yet decided on the pricing of
the car, it was expected to be more expensive than 800 cc version but
definitely less costly than Maruti 1000.
Maruti also announed price hikes for the existing cars.
Following the hike, the Maruti 800 standard model had gone up from
Rs.1,64,248 to Rs.1,69,279.97 in Delhi. Maruti 800 cc AC had gone up
from Rs.1,94,299 to Rs.1,99,567.64. The price of flat roof omni had
gone up from Rs.1,50,567.64 to Rs.1,56,659.54. Maruti 1000 standard
version has gone up from Rs.3,38,534.11 to Rs.3,48,597.91. Maruti 1000
A.C. has been hiked from Rs.3,70,399.23. to Rs.3,80,463.04. The soft
top gypsy has gone up from Rs.2,21,806.8 to Rs.2,37,831.73.

CITIBANK LAUCNHES GOLD CARD
NEW DELHI- Citibank has announced the launch of its much awaited
international gold card, which the bank says is innovative instrument
and first-ever of its kind in the country.

SOUTH ZONE SURRENDER MEEKLY
BANGALORE- South Zone had neither the heart nor the wits to make a match
of the Duleep Trophy semi-final and the way they hurtled to defeat, by
200 runs, only came as another indictment of Mohammed Azharuddin's brand
of captaincy.

JONES RESCUES AUSSIES
COLOMBO- Dean Jones hit an unbeaten 48 as Australia fought back to secure
a 195-run lead over Sri Lanka on the fourth day of the Second Test here
today, setting the stage for an exciting final day.

GANDHE SPINS CENTRAL INTO FINAL
MADRAS- Pritam Gandhe, an off-spinner of moderate success in the last
two year's first class cricket for Vidarbha, came up with three two-wicket
bursts within seven overs to force a disastrous end to West Zone' death
of glory bid in the Duleep Trophy semi-final at the Chidambaram stadium
here today.

SEPTEMBER 3
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LETTERS ROGATORY STRUCK DOWN - DELHI HC QUASHES CBI FIR AGAINST CHADHA
NEW DELHI- In a landmark judgment, Delhi High Court today quashed the
First Information Report in the Bofors case and the letters rogatory
issued to Switzerland and Sweden, seeking their co-operation.

MINISTERS' DISSIDENCE WON'T AFFECT ADMINISTRATION: CM

KA MINISTER NADA GOWDA SUBMITS RESIGNATION

RLY MINISTRY TO CONTEST HC ORDER

CBI SET TO UNRAVEL HUGE FFSL DEALS
BANGALORE- The Central Bureau of Investigation (CBI) probe into Fairgrowth
Financial Services Ltd., (FFSL), appears to have reached a definitive stage
with efforts now under the way to identify the sources of the massive
funds with which Fairgrowth played market.

CBI DETECTS FRAUD IN TV SERIAL SELECTION
NEW DELHI- The Central Bureau of Investigation has established a prima
facie case against certain Doordarshan officials and others for committing
alleged irregularities in the selection of sponsored serials.

BHARAT GOLD MINES DECLARED SICK

HARSHAD DYING A SLOW DEATH?
BOMBAY- What is wrong with Harshad Mehta's health? If a leading
multi-edition, multi-language newspaper group is to be believed Mehta is
dying a slow death in the confines on the Byculla jail.
The English flagship paper of the group as well as all the language
editions hit the stands today with a news report oozing sympathy and
concern at the "state of Mehta's health". According to this report the
stock and securities broker who is at the centre of the biggest financial
scam in the country's history is totally unwell thanks to over 500 hours
of interrogation.

DoE TO SET UP EARTH STATION IN BHUBANESHWAR

HAL RECORDS HIGHEST TURNOVER
BANGALORE- The public sector Hindustan Aeronautics Ltd(HAL) here has
registered its highest turnover so far at Rs.1054 crore making a net
record profit of Rs.54.05 crore, HAL Chairman, Mr.Sharma, said here
recently.

WIPRO INFOTECH'S HIGH-END SERVERS
Wipro Infotech has launched its latest high end serves - Wipro Synergy.
The system delivers high performance scalability and implements the
concept of high availability system.
Wipro Synergy is a composite symmetric multi-processing system based
currently on multiple 80486 true 50 MHz processors and designed to support
the P5-66 processor from Intel. The first standard multiprocessing
operating system the SVR4 MP is implemented on Wipro Synergy.

HARPREET TO LEAD INDIAN TEAM
NEW DELHI- Olympian Harpreet Singh will lead the 16-member Indian hockey
team for the Junior World Cup qualifying Tournament at Kuala Lumpur from
September 11 to 25.

CRICKET TEST: LANKANS HOLD AUSSIES TO A DRAW

SEPTEMBER 4
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DECISION SOON ON STATE CONG(I) TUSSLE: ARJUN

PVN, NAWAZ SHARIF AGREE TO WORK TOWARDS BETTER INDO-PAK TIES

BOFORS: LAWYER MOVES SC AGAINST DELHI HC VERDICT
NEW DELHI- An advocate today moved the Supreme Court, challenging the
Delhi High Court's judgement, quashing the CBI's FIR in the Bofors gun
deal kickbacks case, even as the High Court rejected the CBI's plea for
a stay on the operation kof its judgement.

OPPN CONDEMNS HC VERDICT ON BOFORS CASE

ASSAULT CHARGE BY FAIRGROWTH STAFF - BID TO UNDERMINE CBI PROBE?
BANGALORE- Is there a clever operation afoot to scuttle the CBI probe into
the affairs of Fairgrowth Financial Services (FFSL) by maligning the
premier investigating agency ? One is forced to conclude this by
looking at the number of police complaints.

KAKRAPAR N-PLANT GOES 'CRITICAL'
BOMBAY- In a significant milestone, the first 220 mw unit of the Kakrapar
Atomic Power Project (KAPP) in Gujarat attained critically around 12.20 am
today.

ICICI REVIVAL PLAN FOR ORSON, NIHON
NEW DELHI- Board of Industrial Financial Reconstruction (BIFR) has
appointed Industrial Credit and Investment Corporation of India Limited
(ICICI) to work out a revival plan for Orson Electronics Limited and
Nihon Electronics, both declared sick by the board today, according to
a company release.


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