From: blrv1.verifone.com (M.G.Balakrishna Rao)
Subject: India - Babbar Khalsa Chief and several scores of ultras surrender
Organization: VeriFone
Date: Fri, 14 Aug 92 23:01:31 GMT


From	: M.G.Balakrishna Rao
Source	: Deccan Heralad
Date	: Aug, 11-14, 1992
Country	: India

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AUGUST 11
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ECONOMIC CONSIDERATIONS FOR BACKWARDNESS CRITERIA SOON: KESARI

MADHAVAN RELIEVED OF STOCK SCAM CASES

PUNJAB ULTRAS MASSACRE 31 POLICEMEN & THEIR KIN
CHANDIGARH- In an apparent bid to break the mounting pressure of
security forces in Punjab, the militants massacred 31 police personnel
and their close relatives in the state since Sunday night, official
reports reaching the state headquarters here said today.

FAIRGROWTH OFFICIAL ARRESTED
NEW DELHI- The Assistant Vice-President of Fairgrowth Financial Services
Ltd., Mr. R. Ganesh, was arrested yesterday by the CBI in Bangalore and
taken to Bombay in the case related to forgery of banking receipts.
More arrests in the case are likely, the CBI said.

'HAVALA' DEALERS SON KILLED
BOMBAY- The eight-year-old son of absconding "havala" dealer Niranjan
Shah, was allegedly killed by his kidnapers on the very day he was
abducted on July 13, police said.

BOOM TIME IN GULF RECRUITMENT
BOMBAY- There has been a sharp rise in the number of people going
to Gulf, cashing in on the increased employment opportunities in
the region.
As per estimates, between 1,500 and 2,000 people comprising skilled
as well as unskilled labours and professionals are going to the
Gulf countries every day. The phenomena started sometime last year
and is expected to continue for another two years.

DIGITAL TO MAKE UP APPLE MACS AT BANGALORE
BANGALORE- Digital Equipment India Ltd. and Apple Computer Inc have
forged a strategic alliance to tap the growing PC and desktop
publishing market in India.
Digital Managing Director Mike Shah told newsmen here today that while
Apple would supply the technology for its Macintosh Computers, Digital
would make the machines at its Bangalore facility.

WIPRO REVENUES UP
Sales revenue of Wipro Infotech grew by 18 per cent to Rs. 193.56 crore
during 1991-92. The gross profit rose from Rs. 7.14 crore by 35 per cent.
The growth came from market thrusts in key segments includingthe LAN/WAN
markets, exports, microcomputers, minis and commercial servers as well
as Sun workstations.
The data communications division clocked revenues of Rs.39.13 crore.
The Sun tie-up was strengthened further with a 36 per cent growth rate
in the workstations market at Rs. 29.15 crore.
In the area of mini computers, the company registered a sales revenue
of Rs.43.50 crore a growth of 11 per cent.
The flagship Landmark system sold over a 100 units.
The micro business grew by 16 per cent almost half of the revenues coming
from the 107-strong national dealer network. Wipro Infotech today has an
installed base of over 42,000 micros. Exports touched Rs. 10.19 crore.

HARD DISK DRIVES FROM L&T
L&T has set up facilities at its Mysore works for manufacturing hard
disk drives in collaboration with the Western Digital Corporation, USA.
The drives are of 40 MB and 20 MB capacity in 3.5 inch from factor.
The installed capacity is 60,000 units of up to 40 MB hard disk drives
per annum. This is expected to increase to 150,000 units including
higher capacity models in two years' time.

HOCKEY DEBACLE: FORMER HOCKEY STARS WANTS CLEAN-UP

AUGUST 12
====== ==

HEGDE RESIGNS FROM ASSEMBLY
DAL CRISIS DEEPENS OVER OPPOSITION LEADER'S POST
BANGALORE- The crisis in the State Janatha Dal deepened today with
Mr. D.B.Chandre Gowda tendering his resignation to the post of the
Leader of the Opposition, the State unit President writing to the
Speaker to recognise Mr. Ramakrishna Hegde as the new Leader of the
Opposition and the latter reiterating that he was not in a position
to accept the offer and resigning his membership of the Assembly.

REPRISAL KILLINGS CONTINUE IN PUNJAB
HARDCORE ULTRA AND WIFE SHOT DEAD IN DELHI ENCOUNTER

BUDGET PROPOSALS - MANMOHAN DENIES RECEIVING LETTER FROM HARSHD
NEW DELHI- Finance Minister Manmohan Singh today categorically said
that he had not received any letter from leading Bombay stockbroker
Harshad Mehta containing proposals for incorporation in the budget.

MIRDHA HEADS JPC PROBING STOCKS SCAM
NEW DELHI- Veteran Congress(I) member and former minister, Mr. Ram
Niwas Mirdha, has been appointed Chairman of the 30-member Joint
Parliamentary Committee probing the securities scam.

FAIRGROWTH SCANDAL - CBI PROBING POLITICIANS' LINKS
NEW DELHI- While the Central Bureau of Investigation has traced
a forged UTI certificate to the tune of Rs. 1.50 crore at the Bangalore
office of Fairgrowth Financial Services Limited (FFSL) and made substa-
ntial progress in the FFSL scandal, it has also began investigating
the links of politicians and officials, including those from Karnataka,
with the private company.

8 KILLED IN STAMPEDE AT AYODHYA HANUMAN TEMPLE

GOVT TO TABLE NEW SPORTS POLICY ON AUG 19
NEW DELHI- The Government would table a new comprehensive sports policy
in Parliament on August 19 to attach top national priority to sports
and had impressed upon sports federations that persons with sports
background should head these bodies instead of politicians or bureaucrats.

11 INDIAN ACTORS MAY FACE DEATH PENALTY IN UAE
ABU DHABI- A group of 11 Indian actors could face a possible death
sentence after being arrested in the United Arab Emirates (UAE) for
allegedly insulting Islam, a Moslem cleric has warned.

STOCK SCAM - FAIRGROWTH DEPUTY CHIEF REMANDED TO CBI CUSTODY

BANK OF MADHURA CHAIRMAN SACKED
MADRAS- The board of directors of Bank of Madhura has sacked its chairman
S.B. Sabhapati, holding him responsible for irregularities in some
securities transactions between February and July 1991 which led to
diversion of profit from the bank to certain Madras-based brokers.

LS OKAYS BILL SCRAPPING 15 PC FOREIGN TRAVEL TAX
NEW DELHI- The Lok Sabha today passed the Foreign Exchange Conservation
(Travel) Tax Abolition Bill for scrapping the levy of 15 per cent on
foreign exchange given to those traveling abroad.

TATA TEA TO GO GLOBAL
CALCUTTA- Tata Tea would invest $2 million for the establishment of
a wholly owned subsidiary- Tata Tea International Limited in Jersey,
Channel Islands, United Kingdom and play a major role in globalisation
of the company's activities, said the chairman of the company,
Mr.Darbari Seth.

CAN FIN HOMES PAYS MORE
Can Fin Homes has declared a dividend of 16 per cent for the year
ended March 31, 1992 against 12.5 per cent during the previous year.
During 1991-92 the company helped build over 14,000 housing units
with total loan approvals of Rs.111.76 crore, a growth of 47 per cent
compared to the previous year.

8 PC FINAL FROM PENTAFOUR
Pentafour Software and Exports has declared a final dividend of 8 per
cent for the year ended March 31, 1992. Along with the interim dividend
of 12 per cent, the total dividend works out to 20 per cent against
15 per cent for 1990-91.

GOOCH TO LEAD ENGLAND IN INDIA
LONDON- Graham Gooch was re-appointed cricket captain today for England's
tour of India starting in December, on what is likely to be his last,
overseas trip with the team.

AUGUST 13
====== ==

TOP BABBAR KHALSA LEADER, 71 OTHER ULTRAS SURRENDER
CHANDIGARH- In a dramatic development today, 72 Punjab Militants including
"Babbar Khalsa" Chief organiser Gurudeep Sibia and some "area commanders"
surrended here and at Tarn Taran today.

YOUTHS ROB CITY BANK AT GUN POINT
BANGALORE- Two youths robbed Rs. 36,200 at gun point from the Shivajinagar
branch of United Bank of India on the busy Dharmaraya Koil Street this
afternoon.

5 STATE MINISTERS WANT TO QUIT?
NEW DELHI- Five Karnataka ministers have sought the Congress(I) high
command's permission to resign, while 108 party legislators have threat-
ened to quit if Chief Minister S. Bangarappa is not replaced forthwith.

CM BRIEFS RAO ON POLITICAL DEVELOPMENTS
NEW DELHI- Karnataka Chief Minister S. Bangarappa tonight called
on Prime Minister and Congress(I) President P. V. Narasimha Rao
and briefed him on the recent political developments in the State.

GOVT TO CONSULT OPPN ON PSU SHARE SALE

KRISHNAMURTHY'S SONS HAD LINKS WITH US FIRMS
NEW DELHI- Investigations by the CBI have revealed that the two sons of
Former Planning Commission member V. Krishnamurthy, had close links with
two US companies which were collaborations with Bharat Heavy Electricals
Limited.

KRS FULL - FLOOD ALERT IN MYSORE

IUML FOR REVAMP OF KERALA ADMINISTRATION
THIRUVANTHAPURAM- The Muslim League, the second largest constituent of
the ruling alliance in the State, had demanded that "the functioning of
both the Government and the United Democratic Front be totally revamped"

TV TIME-SLOTS FOR PRIVATE PRODUCERS FINALISED

KANISHKA CRASH SUSPECT HAD LINK WITH J & K ULTRAS
NEW DELHI- The arrest in Bombay last month of Manjit Singh alias Lal
Singh, a prime suspect in Air-India's Kanishka air tragedy in 1985,
had unravelled an extraordinary nexus involving the Sikh militants and
Kashmiri militants spread over three countries- the United States,
Canada and Pakistan - according to official sources here.

BUSH PLUMPS FOR INDIAN
WASHINGTON- Bharat Bhargava, a Bush administration appointee, had been
named Associate Director, Office of Operations, in the Minority Business
Development Agency (MBDA) an agency of the US Department of Commerce
Bhargava, a native of Jaipur in India, came to US in 1962. He joined the
Bush administration team in 1990. He earned his MBA from Harvard Business
School in 1967.

GOVT FORMULATES PASS BOOK SCHEME FOR EXPORTERS

INDIA SEEKS MORE SINGAPORE TIE-UPS IN ELECTRONICS

CAUVERY SOFTWARE TO DIVERSIFY
Cauvery Software Engineering System Ltd., a Bangalore-registered
company currently exporting computer software has decided to diversify
into the core sector, particularly alloy, construction and stainless
steels. The project is expected to be commissioned by December 1994.

SHIPPING FIRM TAKES INDIAN BANK FOR A SAIL
MADRAS- A Madras-Singapore passenger shipping service, started with
fanfare in November 1990 by a Singapore-based firm, had run aground
following the arrest in Colombo of the ship, bought with Indian Bank
assistance.

PACERS NO GUILTY OF FOUL PLAY
LONDON- Clyde Walcott, the match referee for the final Test, has cleared
Pakistan's deadly paceman Waqar Younis and Wasim Akram of ball doctoring
in an attempt to increase its tendency to swing.

AUGUST 14
====== ==

HEGDE WITHDRAWS QUIT NOTE- DESHPANDE TO BE NEW OPPOSITION LEADER
BANGALORE- The crisis in the State Janata Dal over the opposition
leadership issue blew over today with State Party President J.H.Patel
writing to Speaker S.M.Krishna to recognise Mr. R.V. Deshpande as the
Leader of the Opposition in the Assembly in place of Mr.D.B. Chandre
Gowda.

STATE REBEL MINISTERS
PVN DECISION LIKELY AFTER PARLIAMENT SESSION

MYSORE DASARA TO BE CELEBRATED WITH TRADITIONAL GAIETY

TN GOVT ORDERS PROBE INTO CHARGES AGAINST MK

CBI GETS CLUES ON TRANSFER OF FUNDS ABROAD BY HARSHAD

ARJUN GROUP DOMINATES MPCC(I)

KARUNAKARAN, PM DISCUSS POLITICAL SCENE IN KERALA

VHP VOLUNTEERS TO HELP RECRUIT NEW KAR SEVAKS
ALLAHABAD- The "Sri Ram" Karseva Committe would send volunteers to every
village of the country to mobilise public opinion to the restoration of
the Ram Janmabhoomi Temple and recruit new karsevaks VHP general
secretary Ashok Singhal and President of All-India Sri Ram Karseva
Committee Jagatguru Shankaracharya Swami Vasudevanand Saraswathi in a
joint press conference said here today.

STONE SLABS CRASH IN JAGANNATH TEMPLE
PURI- Two khondalite stone slabs, one weighing about two tonnes and other
about a tonne, fell from a height of about 40 feet inside the sanctum
sactorum of the famous Sri Jagannath Temple here this afternoon raising
doubts about the safety of the twelth century Hindu shrine.

TELUGU FILM DIRECTOR DROWNS
VISHAKAPATNAM- Telugu Film Director Mr. Gollapudi Srinivas was
drowned in the sea off Yerada beach here on Wednesday, after being
swept by a tidal wave while shooting a film.

OBEROI TO OPEN ON AUG 16
BANGALORE- Bangalore's latest 5-star hotel - 5-star deluxe rather -
The Oberoi, will formally open for business on August 16. Sited on a
five-acre expanse on M.G.Road, out of which four acres have been
landscaped, it is the fifth hotel of its class in The Oberoi chain in
India. The others are at Bombay, Delhi, Calcutta and Bhuvaneshwar.

LOTTERY BUSINESS BOOM IN BANGALORE
BANGALORE- The lottery business in Bangalore is booming with a
daily turnover of Rs.3 crore in single-digit lotteries alone and
Rs.2 lakh to Rs.3 lakh in three-digit lotteries.

BPL TO EXPORT COLOUR TV SETS TO GERMANY


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