The Indian Express

Friday, May 30 1997

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HC raps CBI for delay in Sharief case
The Karnataka high court has reprimanded the Central Bureau of Investigation for the tardy progress in investigating into allegations against former Union railway minister C K Jaffer Sharief regarding amassment of assets disproportionate to known sources of income.

Laloo men fill JD election council
Janata Dal chief and presidential candidate Laloo Prasad Yadav yesterday nominated 58 of his supporters as members to the national council which will constitute the electoral college. His main challenger, Sharad Yadav, said he would oppose the move.

1:1 bonus issue by LMW despite slump in profit
The recession-hit Lakshmi Machine Works Ltd has maintained 60% dividend for 1996-97 despite a 10.17% erosion in sales and a 44.65% slump in net profit. The board has also recommended a bonus issue in the ratio of 1:1.

NGEF to divest stake in Mysore Lamps, KTL

Maharashtra will impound its share of Krishna waters: Munde

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