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Laloo desperate as noose tightens
Even as the noose tightened around beleaguered Bihar Chief Minister Laloo Prasad Yadav in yet another case in the fodder scam, a desperate Laloo tried his best to hang on to his chair by wooing his rival and Janata Dal working president Sharad Yadav, who is likely to become the next Janata Dal president on June 3. But a determined Sharad Yadav spurned his overtures.
MLA hostel blasted in Kashmir
Three persons including a Panthers Party leader were killed in a massive explosion which rocked the legislators' hostel, considered to be the most well-guarded residential complex in Kashmir.
Tyson bites off more than he can chew
The Evander Holyfield-Mike Tyson rematch for the World Boxing Association heavyweight title ended in sensational style last night when Tyson was disqualified after three rounds for twice biting the champion's ears.
Gujarat rain toll mounts to 172
Floods in several parts of Gujarat claimed four more lives in the past 24 hours, raising the toll in the state to 172.
Plot to target J&K politicians thwarted
A plot allegedly hatched by Pakistan-based Harkat-ul-Ansar (HUA) to target prominent politicians in the state and Union capital was thwarted when security forces shot dead the self-styled chief commander of the outfit in an encounter on the outskirts of Srinagar yesterday.
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Money laundering bill report to be submitted today
The inter-ministerial group set up to formulate the money laundering bill is likely to submit its report to the finance ministry today as against the deadline of June 30.
Boom! period for PC market
The Manufacturer's Association Information Technology (MAIT) estimates the shipment of PCs to cross the magical one-million mark by reaching 10.45 lakh units in the current financial year. However, International Data Corporation (IDC) feels the market is unlikely to absorb over 6.37 lakh units.
IDBI set to cut deposit rates
The Industrial Development Bank of India (IDBI) is planning to bring down the deposits rate on maturities above one year. The move follows the State Bank of India's decision to bring down the rate on deposits maturing between one to two years to 10.5% from 11%.
China rules out HAL as partner for 100-seater aircraft project
Bangalore-based Hindustan Aeronautics Ltd (HAL) will not get a berth on the 100-seater aircraft project of the Chinese government. This was conveyed to HAL top-brass during the recent Paris Air Show, industry sources said.
Racing ahead after a turnaround
Birla Yamaha, of the Yashovardhan Birla Group, has reported net profit in 1995-96 after reporting losses for many years. This turnaround in performance was as much due to successful restructuring as per the BIFR package as to the improving sales of the company's products.
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