From: blrv1@verifone.com (M.G.Balakrishna Rao)
Subject: India - New Government assumes office in Andhra Pradesh
Organization: VeriFone, Bangalore
Date: Wed, 14 Oct 92 01:11:54 GMT


From	: M.G.Balakrishna Rao
Source	: Deccan Heralad, Oct 7 - 13, 1992
Country	: India and Pakistan

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OCT 7
=====

THREE KILLED AS TORRENTIAL RAINS LASH B'LORE

HARSHAD, 5 BROKERS TO DEPOSE BEFORE JPC ON NOV 9

OCT 8
=====

SWEARING-IN ON FRIDAY
VIJAYABHASKARA REDDY TO BE NEW ANDHRA CM
HYDERABAD - Union Minister for Law Kotla Vijayabhaskara Reddy was
tonight unanimously elected as the new leader of the AP Cong(I)
Legislature Party.

11 KILLED, 56 HURT IN JAMMU BLAST
JAMMU - 11 people were killed and 56 injured, 6 of them critically
when a powerful bomb exploded in a passenger bus at Digiana near
Jammu this morning.

CENTRE CAN DEPLOY ANTI-RIOT FORCE WITHOUT STATES' OKAY; CHAVAN

LET UP IN EFFORTS TO NAB VEERAPPAN DENIED

RESOLVING AYODHYA ROW - VHP NOT TO EXTEND DEADLINE FOR GOVT

8 DIE AS ETHNIC VIOLENCE GRIPS SHILLONG

SEVERAL THOUSAND PHONE LINES DEAD
B'LORE - The torrential rains have left several thousand telephone
lines dead due to water logging of cables and snapping of vital links
between some exchanges.

GROWMORE OFFICIALS' PLEA ON BAIL TERMS REJECTED
BOMBAY - Special Judge Justice J.N. Variava today rejected the
applications by 3 chief employees of Growmore Research and Assets
Management Ltd., one of Harshad Mehta's group of companies, praying,
among others, for modifying their bail conditions.

HOCKEY STICK MAY GO ALUMINIUM

STIFFER OVER-RATES WILL PUSH BOWLERS HARD
BOMBAY - The Indian Cricketers would have to bowl their overs at a
much faster clip in South Africa than they are used to, according to
the cricket manager of the Zimbabwe and South Africa-bound Indian
team, Ajit Wadekar. The new law requires 21 overs per hour.

OCT 9
=====


RBI CUTS INTEREST ON TERM DEPOSITS, BANK LENDING RATE
BOMBAY- The Reserve Bank today announced reduction by 1% of interest
rates on bank deposits - from 13 per cent to 12 per cent - with effect
from tomorrow. Simultaneously, the RBI has reduced the lending rates of
commercial banks on credit of over Rs. 2 lakh from 19 percentage
point (minimum) to 18 per cent (minimum).

BROADCASTING PANEL TO BE SET UP
NEW DELHI- The Union Government tonight announced the constitution
of a eight member Broadcasting Council headed by former advisor
to the Prime Minister P.S. Deodhar to frame schemes for allotment
of time on the metro-channel of Doordarshan.

JPC MEMBERS DIVIDED ON INTERIM REPORT
NEW DELHI- Active debate is on the Joint Parliamentary Committee
(JPC) on the issue of submission of interim report on the multi-crore
securities scam.

BANGALORE, MYSORE, HASSAN UNDER TOURISM PLAN
BANGALORE- The Bangalore-Mysore-Hassan circuit has been identified
for intensive development under the national action plan for tourism.

7 AIADMK MINISTERS READY TO QUIT: SWAMY
MADRAS- Janata Party president Subramanian Swamy today claimed that
seven AIADMK Ministers has offered to resign and join his movement
for the removal of Chief Minister J.Jayalalitha and that he had advised
them to stay put until an alternative leadership was in place.


2 STABBED TO DEATH IN KERALA CLASHES
KOCHI- Two persons were stabbed to death and at least 20 others received
stab and cut injuries in a series of clashes last night and today in
Mattencheri area of the city, according to police.

HIGH SECURITY ALERT IN JAMMU REGION
JAMMU- A red alert has been sounded throughout the Jammu region following
reports that subversive elements have sneaked into Jammu from across the
border. Inspector General of Police, Jammu Division, S.S.Wazir said police
and para-military forces have been deployed in sensitive areas.

SIKH LEADERS ANGERED BY SHARMA'S STAND
NEW DELHI- Leaders of all Akali factions and Sikh religious organisations
today took strong exception to President S.D.Sharma's alleged refusal to
grant them an audience to plead for staying the execution of Harjinder
Singh Sukha assassins of former army chief Gen.A.S. Vaidya.

WORLD BANK CLEARS $500M LOAN FOR CEMENT INDUSTRY

SC REFUSES STAY ON VIDEOCON DEBENTURES
NEW DELHI- The SupremeCourt today refused stay the allotment of debentures
worth Rs. 240 crore of the Videocon and Gujarat Narmada Limited Joint
Venture Company.

MERCHANT BANKING - CANARA BANK GETS SEBI CLEARANCE

OCT 10
=== ==

MORE PLAN FUNDS FOR RURAL GROWTH: PM

BOFORS CASE FIR - SC REJECTS CBI PLEA TO STAY HC VERDICT ON CHADHA


PM'S SON ACCOMMODATED IN 32-MEMBER AP MINISTRY
HYDERABAD- A 32-member Ministry headed by Mr. Kotla Vijayabhaskara Reddy
was sworn in at 2:14 p.m. today at the Raj Bhavan amidst a persistent
drizzle.
Governor Krishna Kant, who administrated the oath of office and secrecy
to the new Chief Minister also swore in 31 other Ministers including 24
of Cabinet rank and seven Ministers of State.

The Cabinet Ministers are: Messrs K.Bapiraju, K.Bhim Rao, M.Chandrsekhar,
D.S.Chandrasekhar, A.Dharma Rao, J.C.Diwakar Reddy, Ch.Harirama Jogaiah,
K.Jana Reddy, P.Janardhana Reddy, Mohammed Jani, M.Narasimha Reddy,
Penchalaiah, K.Prabhakara Rao, Pati Rajam, K.Rami Reddy, C.Ramachandra
Reddy, Koneru Ranga Rao, K.Rosaiah, P.Sambasiva Raju, D.K.Samarasimha
Reddy, S.Santosh Reddy, D.Srinivas, Dr.M.C.Mysoora Reddy and Dr.
P.V. Ranga Rao.

The ministers of State are: Dr. J.Geetha Reddy, Messrs P.Hagannaik,
K.Lakshminarayana, K.V.Ch.Mohana Rao, D.Prasada Rao, P.Sankara Rao and
Mrs. M.Varalakshmi.

MATTANCHERRY QUIET AS POLICE STEP UP SECURITY
THIRUVANANTHAPURAM- The situation in Mattancherry, in Ernakulam district,
was peaceful today amidst strict police security after two days of
communal tension and violence that left two dead and more than a dozen
injured.

PATWA TO GO AHEAD WITH MOVE FOR SECOND CAPITAL
BHOPAL- After the formation of 16 more districts in Madhya Pradesh, the BJP
government has been toying with the idea of declaring Raipur in the
Chhattisgarh region as the second capital of the state. Chief Minister
Sunderlal Patwa is reported to have discussed the plan with the party
leaders of the region.

INDIAN FIRMS FAIL TO BAG KUWAIT CONTRACTS
NEW DELHI- The hopes of Indian firms to bag contracts related to the
re-construction of Kuwait either directly or through tie-ups with US
and British companies have virtually failed.

SEVERAL BANK FRAUDS IN NORTH-WEST
CHANDIGARH- Another kind of scam involving millions has taken place
in some banks of the North-Western region.
Ironically, the fraud committed by some staffers of these banks was
strengthened by the one-digit lotteries being run by various state
governments. These lotteries have virtually replaced the illegal "matka"
satta.
The latest fraud has been reported from the Jalandhar branch of Syndicate
Bank. A staff member working on the bank's counter has allegedly defrauded
the bank of Rs. 12 lakh.

OCT 11
======

DECISION ON ENGINEERING COLLEGES - CM DENIES REPORTS ON DOCTORED RECORDS

PUNJAB BUNDH PARTIAL

STOCKS SCAM HAS ADVERSELY AFFECTED REFORMS PLAN: PM

RAIN CLAIMS 48 LIVES IN KERALA
THIRUVANANTHAPURAM - 48 persons have died in torrential rains lashing
Kerala for the last 2 days under the influence of the extended South-West
Monsoon. Reports from the districts said 19 persons died in Pathanamthitta,
18 in Thiruvananthapuram, 8 in Kollam and one each in Ernakulam, Palghat
and Kozhikode.

1 MORE STABBED IN MATTANCHERY, KERALA

JKLF THREAT: GOVT. KEEPING CLOSE WATCH
NEW DELHI - The Government is closely watching the situation and
will take necessary steps if the Jammu and Kashmir Liberation Front
tries to carry out its fresh threat to cross the Line of Actual
Control in Kashmir on October 24, Home Minister S.B. Chavan said on
Saturday.

PM TO EXPAND COUNCIL OF MINISTERS
NEW DELHI - Mr. Abid Hussain, until recently India's Ambassador
to the United States, and the disgruntled Congress(I) MP from
Andhra Pradesh, Mr. Y.S. Rajashekar Reddy, are likely to to  be
inducted into the Union Council of Ministers.

GOVT ANNIVERSARY
BJP TO OBSERVE OCTOBER 17 AS BLACK DAY
BANGALORE- The State BJP will be observing October 17, the second
anniversary of Mr. S.Bangarappa taking over as chief minister, as
a black day.

SECURITIES SCAM
ADVANI BLAMES BANK NATIONALISATION

SS RAY QUITS WB ASSEMBLY
CALCUTTA- Indian Ambassador-designate to the United States Siddhartha
Sankar Ray has tendered his resignation from the West Bengal State
Assembly.

ANDHRA CM OPPOSES PRIVATE MEDICAL COLLEGES

PM LAYS STONE FOR SECOND FTII
CALCUTTA- Prime Minister P.V.Narasimha Rao today laid the foundation
stone of the country's second Film and Television Institute here which
will be named after the late film-maker, Satyajit Ray.

US INVESTOR PLAN INDIA TRIP
NEW DELHI- US Ambassador Thomas R.Pickering today said the United States
Overseas Private Investment Corporation (OPIC) was preparing a major
investment mission in India in January next.

INTEREST CUT ON FCNR DEPOSITS
BOMBAY- Interests in Foreign Currency Non-Resident deposits have been
cut by 0.75 per cent to one per cent by the Reserve Bank with effect
from October 12.

TECH OBSOLESCENCE HITS COMPUTER INDUSTRY
NEW DELHI- The Department of Electronics has identified rapid
technological obsolescence and a weak manufacturing base as the main
blocks in the growth of the computer industry.

LML VESPA SPL. SCOOTERS
LML has launched its LML Vespa Spl. range of scooters in Bangalore.
The Vespa Spl comes with a new engine. The company claims the engine
has been designed to give 65 kms per litre under standard test conditions
and 50 kms per litre in city conditions.
The engine generates 7 BHP of power, and has an acceleration of 0-60 kms
per cent hour in 11 seconds.

RESTRUCTURING OF HOCKEY SYSTEM IN THE OFFING
MADRAS- Restructuring of the hockey system to enable India attain world
standards as a post-mortem on the team's performance at the Barcelona
Olympics would form the main agenda of the Indian Hockey Federation (IHF)
Executive committee which meets in Delhi on Oct 13.

OCT 12
=== ==

FICCI FOR INTEGRATED GOVT APPROACH TO ARREST RECESSION
NEW DELHI- The Federation of Indian Chambers of Commerce and Industry
has called for an integrated systems approach to different facets of
government policies impinging on the efficiency of the industrial
sector, in order to arrest "severe" recessionary conditions facing
several industries.

REBELS TO KEEP OFF CELEBRATION ON CM'S RULE
BANGALORE- Congress(I) dissidents in the State feel that the convention
being planned by Chief Minister S.bangarappa on October 17 to celebrate
the second anniversary of his assumption of office should be a party
program, instead of a Government function.

ADVANI BLASTS CONG(I) HIGH COMMAND OVER STATE CRISIS

SJP-DAL MERGER AFTER OCT 31: HEGDE

16 TRIPURA ULTRAS SHOT DEAD, CAMPS SMASHED

KERALA RAIN TOLL 60, TN BADLY HIT
THIRUVANANTHAPURAM- Heavy monsoon rains, which have caused severe loss
of property in Kerala in the last few days have so far claimed 60 lives
in the State and reports said areas in southern Tamil Nadu were reeling
under the impact of the monsoon.

AI ORDERS 747S' INSPECTION AFTER BOEING ALERT
BOMBAY- Air India is to carry out an ultrasonic inspection of mid-spar
strut fuse pins and fitting lugs off 747 aircraft as per a special service
bulletin, issued by the US-based Boeing aircraft company.

INDIA HOPES TO GET OVER 30 PC OF TOTAL IMF LOAN

JAGANNATH TEMPLE IDOLS TO BE SHIFTED
PURI- The idols at Sri Jagannath temple here would be shifted from the
"garva gruha" to an adjacent chamber, the "bhittara kanta", to facilitate
repairs to the shrine threatened by the failing of huge stones, according
to official sources.

ULTRAS DESTROY J & K MICROWAVE STATION

INDIAN INDUSTRIALISTS IN US TO WOO FOREIGN INVESTORS
NEW DELHI- A high level delegation of the Indian industry is currently
on an eight-day tour of the United States to brief the US Government,
political and business leaders on the on-going economic reforms and
business environment in India and woo direct foreign investment in a
wide-range of industrialists.

GERMAN COMPANY TO DISINVEST FROM INDIAN FIRM
BANGALORE- The German finance for investments in developing countires
(DEG) will disinvest about 300,000 DM from one of its assisted industrial
units in the country, its Indian representative in Bombay, Olaf Kleine
has said.

INFLATION RATE SHOOTS UP
NEW DELHI- Inflationary pressures appear to be mounting in the wake of
petroleum products price hike, with the annual rate of inflation shooting
up to 9.2 per cent for the week ended September 26, based on the
provisional estimates of the wholesale price index.

OCT 13
=== ==

JPC RAPS GOVT, RBI FOR LAXITY ON NHB FUNCTIONING
NEW DELHI- The Joint Parliamentary Committee probing the securities
scam today came down heavily on the Government and the Reserve Bank
of India for not showing enough seriousness in ensuring the proper
functioning of the National Housing Bank which diverted large sums
of money through dubious transactions.

OVER 900-CR AID FROM GERMANY THIS YEAR

TN GETS 220 TMC FT CAUVERY WATER AS KRS IS FULL

INDIA TO CONTINUE TALKS WITH PAK ON DISPUTES: PM

CENTRE ASKS BIHAR GOVT FOR REPORT ON RIOTS

JOG FALLS TO BE DEVELOPED ON LINES OF NIAGARA

NEW AP CABINET PACKED WITH JANARDHANA REDDY LOYALISTS

BHP FACTION FIGHT IN MP INTENSIFIES
BHOPAL- The crisis in ruling Bharatiya Janata Party in Madhya Pradesh
has further depened with the cold war between Chief Minister Sunderlal
Patwa and senior BJP leader and former chief minister C.K.Sakhlecha
coming into the open.

ASHWIN MEHTA PRODUCED IN COURT

KERALA SLUGGISH TO MITIGATE RAIN HAVOC
THIRUVANANTHAPURAM- Torrential rains that ripped through south and central
Kerala over the last weekend have left at least 65 people dead and more
than a dozen missing. Nearly 2500 houses were totally destroyed and another
5000 partially damaged. About 35,000 people were rendered homeless in the
districts of Thiruvananthapuram, Pathanamthitta and Kollam alone. The
Government opened 179 relief centres to provide basic amenities to the
affected people.

UB BID TO ACQUIRE BRITISH FIRM
LONDON- Indian Liquor baron Vijay Mallya is negotiating a deal for taking
over the Wiltshire Brewery a loss making English company.

IPCL DECIDES TO GO PUBLIC
NEW DELHI- The Indian Petrochemicals Corporation Limited (IPCL), the
Baroda-based government undertaking will be the first PSU to go public.

NZ FAST BOWLER PULLS OUT OF TEAM
WELLINGTON- The New Zealand Cricket team's already depleted fast bowling
attack took another blow today with the withdrawal of Danny Morrison from
the line-up to tour Sri Lanka and Zimbabwe.

PARGAT TO CALL IT A DAY
CHANDIGARH - The Indian Hockey team captain has decided to take retirement
from international hockey.

VENKAT IN LIST FOR ENGLAND-INDIA SERIES
BOMBAY- Former India Cricket captain, S.Venkataraghavan, is among the 20
umpires shortlisted for the forthcoming England-India home series later
this year.

The 20 umpires have been picked by the Umpires Sub-Committee of the Board
of Control for Cricket in India and their performance in the forthcoming
Ranji Trophy season would be evaluated according to the new gradation
formula before a final panel of eight to 10 umpires would be drawn up to
do duty in the series.


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