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Friday, July 11 1997
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Cong asks Laloo to go
Retracting from its earlier stand of extending support to the Laloo Prasad Yadav-led Rashtriya Janata Dal (RJD) government, the Congress in a swift tactical change has said that it would support "any of his (Laloo's) nominees heading the RJD government in Bihar".

Ultras change tack in Punjab
With the terrorists changing tack in Punjab, the security forces will be called upon to reorient their policing, besides enlarging the range and scope of anti-terrorist operations.

Yet another PM's effort to mediate in Cauvery issue
Prime Minister I K Gujral has indicated that a meeting of the chief ministers of Karnataka and Tamil Nadu would be convened to settle the dispute between the two States on the Cauvery water issue.

Chinese missiles target India, Russia, east Asia: US report
China's new medium range missiles `target' India, Russia and all of east Asia, including Japan and Taiwan, according to the US forces' National Air Intelligence Centre's (NAIC) report.

Severe shortfall in Plan funds for State's rural projects
There is something amiss in the State's economy if planned figures of allotment to various rural schemes contrasted with the actual allotments to various rural schemes are anything to go by.

CBDT specifies property size for compulsory filing of I-T returns
The Central Board of Direct Taxes (CBDT) has spelt out the details of the four economic criteria for filing returns under Section 139 of the Income-Tax Act for the assessement year 1997-98.

ICI to earmark Rs 200 crore for alliances and acquisitions
ICI India plans to invest up to Rs 200 crore in strategic alliances and acquisitions as part of its strategy to consolidate its presence in the country. It also plans to enhance its borrowing powers from Rs 150 crore to Rs 300 crore.

Nuclear Power offers to share technology
The Nuclear Power Corporation of India (NPCIL) has offered to share technology with the domestic industry to achieve its target of activating a 500 mw nuclear energy plant a year.

Volvo arm to make bus, construction gadget
Volvo India, the 100% subsidiary of the $28-billion automobile giant, Volvo AB, is diversifying its operations to manufacture buses and construction equipment in the country.

Ucal group to join hands with Mitsubishi
The Ucal group has entered into negotiations with the $33-billion Mitsubishi Electric for transfer of technology to manufacture automotive components including electrical fuel pumps.

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