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Sunday, August 3 1997
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Janata Dal meet turns sour as Gujral walks out
Discontent in the truncated ruling Janata Dal surfaced on the opening day of its national convention when Prime Minister I K Gujral walked out in a huff ending his speech midway.

Thackeray "bans" Paswan
Bal Thackeray targeted Union railways minister Ram Vilas Paswan by asking his sainiks to prevent his entry into the State. He is angry with the Union Minister for his refusal to start trains on the Konkan Railway from Dadar instead of Kurla.

Anand stamps his class with victory
Viswananthan Anand of India clinched the prestigious Credit Suisse Grandmasters' title, stamping his authority as the best player in the Grandmasters' circuit when he drew with the Fide world champion Anatoly Karpov of Russia, yesterday.

Hawala case puts Arjun's palace under a cloud
The Income Tax department has stumbled upon a startling fact that tax returns filed by former Union Minister Arjun Singh reveal that he spent just Rs 18.17 lakh to construct his famed marble palace, Dev Shree.

NCW to set up cell to help women in distress
The National Commission for Women (NCW) plans to set up a 24-hour Control Room to provide immediate relief to women in distress, the Chairperson of the Commission, Mohini Giri stated.

Siemens plans equity dilution for redeeming preference issue
Siemens Ltd, the beleagured Indian arm of German giant Siemens AG, plans to go in for an equity dilution to redeem the proposed issue of preference shares.

Grasim to raise $60 mn unsecured ECBs
The AV Birla flagship Grasim Industries is all set to raise $60 million unsecured foreign currency loan in next two weeks.

Centre rules out more autonomy for port managements
Union surface transport minister TG Venkataraman has ruled out more autonomy for port managements as ``they have not made any progress after the last hike''.

Telecom panel may opt for unregulated Net tariff structure
The Telecom Commission is likely to leave the tariff structure for Internet services unregulated and to be decided by market forces.

Institutional investors for more talks on NSE policy
The National Stock Exchange (NSE) yesterday sought to dispel fears that institutional investors would follow its decision to jettison the policy of paying upfront for bad deliveries.

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