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Drumbeat: Ad Buzzaar
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| Monday, May 25, 1998
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Rahul Dravid, VVS Laxman and captain Ajay Jadeja practicing at Wankhede Stadium |
Alcan steps on the gas, hikes Indal offer price to Rs 175
Transnational Alcan seems to have taken a decisive step towards protecting its 34.6% stake in Indian Aluminium (Indal) from raider Sterlite Industries. On the last day that rival bids could have been stepped up, Alcan hiked its committed price for the offer from Rs 120 to Rs 175, by 46%.
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Anti-Nuke Baluchis hijack Pak plane
A Pakistan International Airlines passenger aircraft was hijacked yesterday by Balochistan nationalists but the plane was intercepted by a Pakistan air force jet and forced to land in Hyderabad, Sindh. The Fokker F-27 (PIA 554) flight from Gwadar in the Balochistan coastal belt to Karachi was carrying 24 passengers and 5 crew members.
Kashmir taken, Advani eyes N-E
Having crossed Kashmir in one giant sweep, Union Home Minister LK Advani is all set to make North-East his next stopover. And once again, though not surprisingly, he has decided to lock horns with the numerous insurgent groups in the region. Advani has called a meeting of all the Chief Ministers of the North-East states to tackle the problem of growing insurgency.
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