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Drumbeat: Ad Buzzaar
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| Sunday, July 26, 1998
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South Africans celebrating the fall of Naseer Hussain's wicket |
FIPB spikes Daimler Benz plan, clears Ford Motor proposal
The Foreign Investment Promotion Board (FIPB) has rejected Daimler Benz's proposal for dividend balancing in its venture with Telco as the policy on foreign direct investment does not permit it. The FIPB, in a meeting on Saturday, opined that whether Daimler Benz had purchased shares for increasing its stake in Telco from the open market or from the Tatas, it was an FDI.
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Jaswant scores again as India escapes ASEAN rap
The nine-member ASEAN group of nations deplored the nuclear tests conducted by India and Pakistan and urged them to sign the Nuclear Non-Proliferation Treaty and the CTBT, saying that the tests "exacerbated tension in the region and raised the spectre of a nuclear arms race". However, the last-minute refusal of the ASEAN Ministerial Meet to name India and Pakistan in the joint communique issued is being seen as a diplomatic triumph for New Delhi.
Congress may raise aliens' issue in Parliament
Congress president Sonia Gandhi has been in touch with other political parties for raising in Parliament the issue of Maharashtra government's sending back of alleged Bangladeshis for their deportation across the border.
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Sunday, July 26, 1998
Web Posted at 22:01:08
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INDIA
'PM will find solution to Cauvery dispute before Aug 12' (Jul 26)
BJP general secretary M Venkaiah Naidu said here today that Prime Minister Vajpayee would find a solution to the Cauvery water dispute, 'acceptable to
all parties,' before Aug 12, when the next hearing of the case comes up before the Supreme Court.
American cutlery giant to enter India (Jul 26)
American cutlery giant, Oneida Ltd, is all set to enter India with a vast dealers network and is likely to license a Delhi-based firm to manufacture its branded tableware.
Breaking News: India to bargain with U.S. on issues of nuke disarmament (Jul 26)
India is expected to continue its hard bargaining with the United States on issues of nuclear disarmament and non-proliferation as Prime Minister's special emissary Jaswant Singh holds crucial talks with U. S. secretary of state Madeleine Albright on the sidelines of the ASEAN Regional Forum (ARF) meeting commencing tomorrow.
Delhi Police appeal to bus passengers to cooperate in solving blast case
The Delhi Police today appealed to the passengers who had travelled in the blast-hit bus this morning to cooperate with it in solving the case.
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