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MARCH 11
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BANKS, LIC, GIC STRIKE ON APRIL 8
CALCUTTA - About 15 lakh employees and officers in the entire financial
sector including banks, LIC, GIC and other financial institutions would
go on a day's strike on April 8 to press for their demands, according to
the leaders of the trade unions in banks, insurance, etc.

'INDIA MADE NO COMPROMISE AT UN RIGHTS MEET'
NO IRANIAN MEDIATION TO RESOLVE J&K ISSUE
NEW DELHI - India today said it had not accepted any Iranian mediation
to resolve the Kashmir issue as a compromise to Pakistan withdrawing its
resolution at the United Nations Human Rights Commission at Geneva yesterday.

MOVE TO LIFT PRESSLER FOR PAK
INDIA MAY REASSESS DEFENCE POLICY, PM WARNS US
WASHINGTON - Prime Minister P.V.Narasimha Rao has warned that any move by
the Clinton adminsitration to modify the Pressler Amendment to renew aid to
Pakistan would "force India to reassess its defence policy."

CABINET RESHUFFLE
SCENE SHIFTS TO DELHI
B'LORE - Even as the conflict of opinion in the State Congress over the
reconstitution of the Veerappa Moily Ministry gains momentum, ministers
and MLAs belonging to both camps are making a beeline for Delhi in
anticipation of the high command taking up the issue in the next couple of
days.

MANMOHAN TO BE PROSECUTED IF FOUND GUILTY
PM SILENT ON POLL REFORMS: SESHAN
CALCUTTA - CEC T.N. Seshan today launched a broadside at the PM for
maintaining a 'thundering silence" on the package of electoral reforms
proposed by him in Feb 1992. Because of this, he would launch a campaign
from Aug 15 this year.

RESOLUTION ON HUMAN RIGHTS
PAK SOMERSAULT ORPHANS KASHMIRI MILITANTS
JAMMU - Disaapointment is the word to describe the reaction of people and
of the armed secessionists' camp in the Muslim Kashmir valley to the finale
of wordy duels between New Delhi and Islamabad, flowing from a Pakistani
resolution at the United Naions Human Rights Commission at Geneva on gross
violations of human rights by the Indian security forces in the trouble torn
state.

RESOLUTION DEFERRED, CLAIMS PAK

RAO TO NAME NEW GUJARAT CM AFTER UK TRIP

BROKERS MAY OPPOSE SEBI NORM ON CARRY FORWARD BUSINESS
BOMBAY - The modified framework of the securities and Exchange Board of
India (Sebi) to allow carry forward business on the Stock Exchange will
face stiff resistance from the broking community because of several
restrictive measures.

DECKS CLEARED FOR VSNL EURO ISSUE
NEW DELHI - Decks have been cleared for the Videsh Sanchar Nigasm Ltd (VSNL)
to become the first Indian public sector enterprise to raise capital through
a mega Euro issue following Govt approval for the measure expected to
fetch around Rs. 3000 crore.

TATA STEEL UNITS GET ISO 9002
The Right Plant, Ring Rolling Mill and Agrico units of Tata Steel at
Jemshedpur have each been individually certified to the ISO 9002 Quality
Systems Standard. These 3 units, now jointly called the Rings and Agrico
Profit Centre, were awarded the cerificate by Indian Rigister Quality
Systems covering all aspects from manufacture to marketing of their products.

DIGITAL TURNS A PROFIT OF RS. 18 LAKH
Digital India, a company operating in the worldwide information systems, has
registered a net operating profit of Rs. 18 lakh in the first 6 months of
the compnay's fiscal year.

CRICKET: STAR TV TO TELECAST INDO-KIWI TIES LIVE

CRICKET/NEW ZEALAND EMERGING PLAYERS XI VS INDIA
HARTLAND SERVES NOTICE; SRINATH STRIKES LATE
DUNEDIN - It was a cold greeting in more than one way. On the opening day of
what is ironically called a warmup game, M. Azaruddin lost the toss and saw
an opening stand of 167 before the Indians basked in both wickets and
sunshine late in the afternoon.
SCORES - NEW ZEALAND  - 233 for 4 wkts

MARCH 12
===== ==

2 JAWANS HURT IN PAK ROCKET ATTACK
POONCH - Two army jawans were injured and a Govt water tank was blown up
as Pakistani troops fired 9 refined rockets at Shienchunga in Poonch town
on thursday.

INDIA OFFERS TALKS WITH PAK ON KASHMIR

NEXT AICC SESSION IN GUJARAT
CWC FOR THOROUGH REVAMP OF CONG ELECTORAL MACHINERY
NEW DELHI - The Cong(I) today decided to revamp the party's electoral
machinery and recast its approach to elections by favouring fresh guidelines
for Pradesh Cong(I) committee restructuring, distribution of party tickets,
conduct of party publicity, campaign and enforcement of strict party
discipline.

'KARNATAKA CASE IN '89 UNCONSTITUTIONAL'
SC UPHOLDS DISMISSAL OF 4 BJP GOVTS
NEW DELHI - The Supreme Court today upheld the dismissal of the BJP govts
in 4 northern  states following the Babri Masjid demolition, but declared
unconstitutional the dismissal of 3 other govts earlier.

CABINET RESHUFFLE
MOILY, PM MAY DECIDE
NEW DELHI - Intense pressure appears to be building up on CM M. Veerappa
Moily against the 'consensus approach" to reshuffling his ministry.

INDIA, PAK SHOULD BILATERALLY SOLVE ISSUE: RAPHAEL
J&K IS DISPUTED TERRITORY: US
WASHINGTON - Ms Robin Raphael, Assistant Secretary of State for South Asia,
has reiterated that the US regards the whole of the former princely state
of Jammu and Kashmir as disputed territory not a resolved issue - and that
includes the parts held by Pakistan as well as India.

INTERNATIONAL MEDDLING IN J&K
RSS BLAMES CENTRE'S POLICIES

VAJPAYEE FOR RESTORING NORMALCY IN J&K
NEW DELHI - The leader of the Indian delegation at the Human Rights
Conference at Geneva, Mr. A.B. Vajpayee, has asked the Govt to consolidate
the gains of the Geneva meet by taking concrete and effective steps to
restore normalcy in the Kashmir valley.

PM CURTAILS VISIT TO UK DUE TO SESSION
NEW DELHI - Prime Minister P.V.Narasimha Rao has curtailed by a day his
5-day visit to Britain starting March 13 in view of the ongoing Parliament
session.

RSS CHIEF DEORAS QUITS
NAGPUR - Mr Balasaheb Deoras today resigned as the Sarasanghachalak of the
RSS on health grounds and named Prof. Rajendra Singh as his successor.

GOVT MAY HAVE TO RETHINK INDIRECT TAX STRATEGY: MANMOHAN

PIVOTALS LOSE HEAVILY ON BULL LIQUIDATION
BOMBAY - Share prices reacted sharply and disclosed all-round losses on heavy
bull liquidation and bear hammering on the stock market here today.
The sensex which had raised to 3807.72 on Wednesday after the announcement
by the Securities and Exchange board of India (Sebi) to allow the carry
forward facility, slumped to close with a fall of 60.50 points at 3747.22.

JAP TEAM TO DEFEAR POWER INVESTMENT
B'LORE - A Japanese trade delegation today made it clear that they were not
prepared to invest immediately in India's Power sector but preferred to
continue further research before taking a final decision.

SIEMENS GETS ISO 9001
Siemens has been awarded ISO 9001 certificate by RW TUV, Germany, for
compliance of its quality standards with the International standards
organisation (ISO) for its switchboard manufacturing units and
marketing offices.

AMCO RECOMMENDED FOR ISO 9001
AMCO Batteries Ltd is a group company of the over Rs. 1200 crore Amalgamation
group. The company manufactures a wide variety of batteries, in
collaboration with Yuasa Corporation of Japan, a leading international
battery maker, for the 2 wheeler, automotive, traction and defence.

FINOLEX CABLES SIGNS MoU WITH MANITOBA VARSITY
Finolex Cables Ltd has entered into MoU with University of Manitoba, Canada,
for setting up Manitoba Finolex Academy of Management and Technology in
Ratnagiri of Maharastra. This academy will provide higher technical and
management education in this relatively backward area.

CRICKET/SPORTING DECL. BY HOSTS
MANOJ, SANJAY SLAM CENTURIES
DUNEDIN - On a glorious, believe-it-or-not sunny day, Manoj Prabhakar and
Sanjay Manjrekar were the ones who made the most going on to a workman-like
centuries. The Delhi opener needed all the grit that goes truely into his
cricket before his knock of 147, his first ton abroad, attained a rock-like
steadiness, and later its size too. Manjrekar's was just a typical,
efficiency compiled and so full of character.
scores - New Zealand  I innings - 233 for 4 decl.
         India       II innings - 252

RANJI TROPHY/SEMI FINALS TODAY
BOMBAY, BENGAL HOLD EDGE

SHARJAH TO BID FOR WORLD CUP TIES
Sharjah has decided to make a bid for staging 3 of the matches in the 1996
World Cup Cricket Championship to be jointly hosted by India, Pakistan and
Sri Lanka, reports UNI from Sharjah.

AUSTRALIA CUP
INDIA GROUPED WITH PAKISTAN
SHARJAH - India have been bunched with Pakistan and the Emirates Cricket
Board in Group 'A' of the prestigious six-nation Australia Cup Cricket
Tournament beginning here on April 13.

MAR 13
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NO CAUSE FOR ALARM ON PRICE FRONT, SAYS MANMOHAN
NEW DELHI - Union finance Minsiter Manmohan Singh today expressed confidence
that India would no longer need to go with a "begging bowl" for exceptional
financing if the economic reform process, especially the fiscal
consolidation, was furthered in the next 2 or 3 years.

JKLF CHIEF ARRESTED
JAMMU - Security forces today arrested Javeed Ahmed Mir, Chief of the J&K
Liberation Front which stands for the creation of an independent state of
J&K.

5 WORSHIPPERS KILLED IN PAKISTAN
ISLAMABAD - 5 worshippers were gunned down in 2 separate attacks on mosques
in northern Pakistan, it was reported today.

SC FINDS ACTION AGAINST BOMMAI GOVT HASTY
NEW DELHI - Karnataka Governor P. Venkatasubbaiah had "thrown to wind" all
canons of propriety and "acted in undue haste" in recommending to the
President dismissal of the Janata Dal Govt led by Mr. S.R. Bommai, the
Supreme Court has observed.

PM HOPEFUL OF CONTINUING DIALOGUE WITH PAKISTAN

MOILY, PM TO MEET TODAY

CONG LIKELY TO ADVANCE STATE POLLS
NEW DELHI - Notwithstanding repeated denials it is reliably learnt that
the Cong(I) leadership is carefully assessing the pros and cons of
advancing assembly elections in Karnataka, AP, Maharastra and some other
states.

PRIME MINISTER'S VISIT TO ENGLAND
FOCUS ON ECONOMIC ISSUES LIKELY
NEW DELHI - The Prime Minister P.V.Narasimha Rao will leave for London on
a 4-day visit tomorrow, on a mission of "further strengthening" bilateral
relations between the 2 countries.

NO ALLIANCE FOR KARNATAKA ASSEMBLY POLLS
SC VERDICT ON BJP GOVTS NOT A SETBACK: ADVANI

PSUs WILL NOT BE CLOSED: SANGAMA

NEPC MECON TO LAUNCH PRIVATE FEEDER AIRLINE

PORT FACILITIES MAY BE PRIVATISED: TYTLER

DAMANIA AIRWAYS' SHARES FALL
Shares of Damania Airways witnessed heavy selling on Friday on the BSE
after its licence was revoked by the Directorate General of Civil Aviation,
reports from Bombay say.

DOLLAR AT A PREMIUM AGAIN
BOMBAY - The American dollar, which was going at a discount against the rupee
in forward deals for the last few weeks, started quoting at a premium over
the rupee this week.
In the spot market, the rupee moved in a band of about 4 paise i.e. between
31.37 and 31.41.

CRICKET/TOUR OPENER ENDS IN DRAW
INDIAN BOWLERS TOIL IN VAIN
SCORES :
NEW ZEALAND I innings - 233 for 4 decl
INDIA       I innings - 352
NEW ZEALAND II innings - 236 for 2

CRICKET/RANJI TROPHY SEMI FINAL
SUNIL MORE, AMOL PROP UP BOMBAY
PUNE - A brilliant unbeaten century by Sunil More (125) enabled Bombay to
make 240 for 3 in their first innings against Maharastra on the opening day
of the 5-day Pepsi Ranji Trophy cricket semi finals at the Nehru Stadium
here today.
SCORES:
BOMBAY - I innings - 240 for 3 wkts
BARODA - I innings - 179 for 6 wkts

INDIA SCORE FACILE WIN OVER HOLLAND
NEW DELHI - India's young and inexperienced hockey team stunned World Cup
champions Holland with a 5-2 victory in the first of the 2 Test series here
today.

MAR 14
=== ==

SIMULTANEOUS CABINET RESHUFFLE, KPCC REVAMP
PVN TO HAVE FINAL SAY ON COMPOSITION: MOILY
B'LORE - The much-awaited reconstitution of the Moily Ministry and the
Karnataka Pradesh Congress Committee (I) will take place simultaneously
and Party President PVN Rao will have the final word on their composition.

BANK STAFF PLAN STIR ON APRIL 8
SHILLONG - The Joint Action Committee of Unions in Banks, insurance and
other financial institutions have given a call for a one day token strike
on April 8 to protest against the privatisation of the financial sector
and demand wage revision.

PAK MAY RAISE J&K ISSUE AGAIN AT UN: BENAZIR

PM'S FLIGHT DIVERTED FOLLOWING IRA MORTAR ATTACK ON HEATHROW
RAO ARRIVES IN LONDON AMID TIGHT SECURITY
LONDON - Prime Minister P.V.Narasimha Rao arrived here this afternoon on a
4-day goodwill visit to the UK amid tight security and heightened tension
following fresh mortar bomb attacks on Heathrow airport by the IRA
terrorists.

KEROSENE BLASTS: IOC OFFICIAL HELD
JAIPUR - 4 persons, including a Senior Depot Manager of the IOC were today
arrested in Kota in connection with the incidents of mysterious kerosene
blast, a police headquarter report said here.

PAK MAY GET F-16s IF IT ENDS PRODUCTION OF N-MATERIALS

SOLARZ UNLIKLEY TO BE NAMED ENVOY TO INDIA

PAK SETS MAR 31 DEADKINE FOR F-16'S SUPPLY
ISLAMABAD - Pakistan has asked the US to resolve by Mar 31 the sale of F-16
combat aircraft, the supply of which was suspended by Washington under the
Pressler Amendment in force since Oct 1990.

PLEA TO LOWER NARMADA DAM HEIGHT
CONVENE MEET OF RIPARIAN STATES, MP CM DIGVIJAY TELLS PM

MORE HIKE IN INCOME TAX LIMIT DEMANDED
PALKHIVALA TERMS UNION BUDGET AS 'STIMULATING'
B'LORE - Eminent Jurist and Economist Nani A. Palkhivala while welcoming the
Union Budget 1994-95 as a stimulating one, expressed the view that the hike
in the exemption limit on personal income tax by Rs. 5000 was grossly
inadequate considering the inflation prevailing in the country.

HOCKEY/INDIA VS HOLLAND
DUTCH RALLY TO DRAW WITH INDIA
NEW DELHI - Indian captain Shakeel Ahmed once again scored from his familiar
'spot' as India drew the second and final Test against World champions
Holland 1-1 here today.

RANJI TROPHY/MAHARASTRA VS BOMBAY
SUNIL, SULAKSHAN LEAD BOMBAY'S SLOW MARCH
SCORES - BOMBAY I INNINGS - 429 FOR 7 IN 195 OVERS

CALCUTTA: ARUN LAL PUTS BENGAL IN COMMAND
SCORES - BARODA I INNINGS - 249 IN 106.1 OVERS
         BENGAL I INNINGS - 124 FOR 2 IN 43 OVERS

CRICKET / 4 CHANGES FOR 2ND WARM UP MATCH
INDIAN SPINNERS TO GET ANOTHER LONG BOWL

HOCKEY/NATIONALS FROM TODAY
FIERY CONTESTS WILL BE THE ORDER OF THE DAY
BOMBAY - The mood at the Mahindra Stadium here mirrored the intensity of
the contest for the ramaswamy Cup. Most of the teams worked out in an
energy sapping manner during  the practice sessions on the eve of the
57th Lifebuoy Senior National Hockey Championship.

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