Wednesday, September 30, 1998
Narayanan earns kudos for fairness
The battle for Bihar has produced two good things. First, it gave president KR Narayanan one more chance to win laurels for fairness. Second, what could have been an ugly quarrel between the president and the prime minister was averted even at the cost of the latter's self respect.
Unit 64 in trouble
The bulk of the twenty million plus holders of Unit 64 would have got a jolt from the news that this solid mutual fund's reserves ran a negative balance of Rs 1,049 crore at the end of June 1998.
New bluechip mix
There is a substantial difference in the latest restructuring move adopted by Kumar Mangalam Birla for the Aditya Vikram Birla group: for the first time, he has sought radical structure change in the formation he inherited.
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