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Bhansali in custody
The Central Bureau of Investigation (CBI) sleuths escorted C R Bhansali, main accused in the multi-crore CRB scam, and five members of his family from Hong Kong, and formally arrested him on reaching the Indira Gandhi International Airport last night.
PCC delegates to elect Cong president after four decades
About 8,000 PCC delegates will vote to choose a man for arguably the toughest political job in the country at the moment -- presidency of the problem-ridden Congress. This is the third direct election for the top Congress party post in its 112 year-old history.
Voluntary disclosure scheme from July 1
The Central Board of Direct Taxes (CBDT) is setting up a special task force comprising senior officials of the department to implement the voluntary disclosure scheme (VDS) which will be launched on July 1.
Karnataka JD in patch-up operation
The Karnataka Janata Dal (JD) is orchestrating a patch-up bid between the various factions at home, as they hope to join effort to persuade the Gowda-backed Sharad Yadav to accept a cabinet berth and withdraw from the presidential contest, to avert the impending crisis within the party at the Centre.
Triumphant Badal is Akali Dal chief
Complying with the directions of the Election Commission on inner party democracy, Punjab Chief Minister Parkash Singh Badal was unanimously elected president of the Akali Dal (Badal) at the Golden Temple complex yesterday.
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CBI arrests Bhansali
The CBI has arrested Chain Roop Bhansali, the prime accused in the multi-crore CRB financial scam, soon after he was brought to Delhi along with six of his family from Hong Kong.
Peugeot to enter utility vehicles segment
Pal-Peugeot is reworking its gameplan for survival in a more competitive Indian automobile market. It plans to enter the multi-utility segment with several versions of the Partner, which will make its debut in India in 1999.
SBI targets infrastructure loans
State Bank of India plans to step up infrastructure lending to boost credit offtake. It has also initiated talks with a "few foreign banks" to securitise all infrastructure loans.
Joshi alleges G-7 nations plot against Third World
BJP leader Murli Manohar Joshi has said here that the G-7 nations had hatched a "global conspiracy" to gain control over the Third World. He exhorted industrialists and traders to take on this "high degree sabotage" and suggested that business houses set up a national pool for research and development to finance laboratories.
CBDT plans task force for VDS implementation
The Central Board of Direct Taxes (CBDT) plans to set up a task force comprising senior officials to implement the voluntary disclosure scheme (VDS). The scheme is being launched on July 1.
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