18TOIDC_COL_01R2.QXD (Page 1) - Indiatimes

20
CMYK Infotech takes a reality check By Pradipta Bagchi & Tina Chopra-Karkhanis TIMES NEWS NETWORK Mumbai: Is it the beginning of the end of a golden era for the country’s software sector? If Infy’s cautious projections about profitability in the months ahead unnerved investors last week, then Wipro’s lower than expected profits on Thursday was another nail in the proverbial tech coffin. With the stock markets punishing technology stocks, there are ques- tion marks over the future prof- itability of India Inc’s IT program. But market experts don’t seem un- duly worried. ‘‘This is far from a technology meltdown. Despite its troubles, this industry is still growing by 20-25 per cent. Can any manufacturing sector match this?’’ asks Amit Chandra, ED, DSP Merill Lynch. Market players do admit there has been a downward re-rating of the sector. ‘‘Investors realise that big tech companies are increasingly going to behave like large old econo- my companies, which cannot double in size and profits every year,’’ says Pashupati Advani, a Mumbai-based broker. So, large tech stocks will become like a Colgate or Hindustan Lever — they will deliver regular returns but will no longer be able to deliver the explosive growth of the past. Over the past decade, Indian IT companies notched up growth rates of 40 to 50 per cent — thanks to big outsourcing deals by US firms and a depreciating rupee. And that’s why investors were willing to pay a high- er price for software shares. All that changed last week, when Infosys confirmed that not only were growth rates slowing but also that fierce competition meant that the software bluechips were having to cut their prices and hence their prof- its. ‘‘Today’s customers want to have their cake and eat it too. They want higher value at a lower price,’’ said Wipro’s chairman Azim Premji. Compounding these worries is the unusual strength of the Indian cur- rency in the past six months, which far from depreciating has risen in value by almost three per cent, knocking down profits further. Moreover, the advantage of cheap- er workers is also being nullified by foreign tech firms who are increas- ingly setting up their own develop- ment centres in India. Pandya’s ‘murderers’ held: The CBI has arrested four persons in Andhra Pradesh, who were allegedly involved in the assassination of for- mer Gujarat home minister Haren Pandya. P7 Train speed 150 kmph now: The Indian Railways may soon increase its speed limit from 130 kmph to 150 kmph. The promise made by railway minister Nitish Ku- mar came at the 150th anniversary celebrations of the railways. P10 Amar Singh’s arrest stayed: The Allahabad High Court has put a stay on the arrest of Samajwadi Par- ty leader Amar Singh till May 16. He was arrested in connection with the cases of alleged misuse of discre- tionary funds on UP chief minister Mayawati’s order. P11 Wipro results: After Infosys, the below-expectation results of Wipro have shaken the stock market. Wipro’s Q4 net profit fell 5 per cent against the market expectation of a 5.5 per cent rise. NEWS DIGEST You can’t solve a problem on the same level on which it was created. You have to rise above it to the next level. — Albert Einstein Established 1838 Bennett, Coleman & Co., Ltd. Book your Classifieds 24 hours service: “51-666-888” Times InfoLine “51-68-68-68” The ATM of information The Largest Classifieds Site YOU SAID IT by Laxman If this transport strike continues, I’m afraid, we have to suspend production, Sir. Y esterday’ s results: Do you think Virender Sehwag has the makings of a future Indian captain? T oday’ s question: Does the Goa SARS case reflect the government’s indifference in handling the crisis? Cast your vote on www.indiatimes.com or SMS ‘Poll’ to 8888 indiatimes.com POLL No 57% Yes 43% The poll reflects the opinions of Net users who chose to participate, and not necessarily of the general public. Mainly clear sky with dust haze, likely to be- come partly cloudy sky towards after- noon/evening. Max. relative humidity on Thursday 56 per cent, Min. 17 per cent. WEATHER * 20 + 8 pages of Delhi Times BULLION Nasdaq: 1394.72 (+3.71) Dow: 8257.61 (-144.75) Mumbai: Rs 4735 Mumbai: Rs 7865 Chennai: Rs 4810 Chennai: Rs 7565 EXCHANGE STOCKS Delhi: Rs 5045 Delhi: Rs 7555 BSE: 2984.50 (-47.82) NSE: 940.70 (-17.95) Gold 22 ct /10gm: Silver /1kg: $: Rs 47.85 £: Rs 75.90 : Rs 52.55 S $: Rs 27.90 WIN WITH THE TIMES www.timesofindia.com New Delhi, Friday, April 18, 2003 Capital 28 pages* Invitation Price Rs. 1.50 India Alert over Lashkar’s plan to strike during Vajpayee’s J&K visit International Barzan, Saddam’s half-brother caught by US Special Forces Page 12 Arsenal hold Manchester United to a 2-2 draw Times Sport Page 7 Page 20 PEOPLE POWER Question of the week: Has privatisation improved the power situation in Delhi? Should water also be privatised? Call today at 23492136 ( between 12 noon and 1pm ) You can fax us on 2332 3346 / 2371 5832 e-mail: [email protected]. Your response, along with your name, will be published in Speak your mind—loud and free. SUNDAY TIMES OF INDIA April 20, 2003 It’s official: SARS is here By Byas Anand TIMES NEWS NETWORK New Delhi: After three weeks of ‘when?’, SARS has finally struck. The reactions: Goa takes a dip: The country’s top tourist destination stares at a long, lean season. Typically, Goa’s tourism inflows dry up as summer approaches. This time around, there was the hint of an upsurge — inbound travel bookings were up 20 per cent with the end of the war in Iraq. And domestic tourism was looking good as SARS-hit South- east Asia was out of bounds. “If SARS spreads, things would just move from bad to disastrous,” says Ankur Bhatia, managing di- rector of Amadeus India. Goa’s economy is largely de- pendent on tourism with the num- ber of charter flights determining the success of each season. Every- one is nervous. “This case might just lead to a hasty retreat by the international charters who have already in Goa,” adds Harinder Singh, a Delhi-based tour operator. The 20 charters due this month are already a big ques- tion mark. Goa tourism authorities put up a brave face. “Things are normal and I don’t see any reason to panic,” says M Suryanarayan, director, Goa Tourism in Panjim. Are travel advisories up next?: The UK government, for one, has said that it is closely monitoring the situation in India. If SARS spreads, governments will act quickly to stop the flow of citizens to an affected country. Has Delhi airport geared up?: Health and civil aviation authori- ties say they are intensifying screening of in-bound passengers. But there’s no increase in the num- ber of doctors and nurses stationed there. “All passengers are now re- quired to first report to the doctors at the special counter, before they can proceed to Immigration,” says IGI airport director PS Nair. Screening could be extended to do- mestic airports and airlines, sources said. Hotels begin drill: Five-star ho- tels across the country are getting ready for SARS by installing special air filters to preempt infec- tion. A couple of hotels in the capital have already installed spe- cial ionizers, which defuse air- borne microbial contaminants. “Besides, we have trained the staff and asked them to be on the look out for guests who show symptoms similar to SARS,” says a hotel manager And tourism gets the chills By Kalpana Jain & Vidyut Kumar Ta TIMES NEWS NETWORK Panaji/New Delhi: When it finally ar- rived, it chose the Goan paradise. The confirmation of the first SARS case in India has come from the idyll of sun, sea and sand. Marine engineer Prasheel Wardhe (32), who had sailed to Hong Kong and Singapore before re- turning to Mumbai, has tested positive for the new corona virus, cause of the pandemic of Severe Acute Respiratory Syndrome. He has been in India since April 1; theoretically he could have in- fected all the people with whom he came in contact. Wardhe was admitted to the isolation ward of the Goa Medical College hospi- tal on April 10 after he went to a private practitioner complaining of fever and cough. He was discharged two days lat- er after his chest X-ray was found clear, and there was no fever. Samples were routinely sent to Pune’s National Institute of Virology (NIV), which nailed the grim truth. NIV director S Mishra told Times News Net- work, ‘‘We identified the virus in the sample given to us. We stand by our re- sults.’’ Wardhe has once again been iso- lated in the Goa hospital. Union health minister Sushma Swaraj claimed that this case proved how alert the system was, with even a case reporting to a private practitioner being detected and isolated. The Union government has asked for a 10-day home quarantine of health workers who had come in contact with him, and Wardhe’s family members. His wife and father have been found to be ‘‘asymptomatic’’ but their samples have been taken for testing. Delhi gets another suspect... Two nurses stand outside the isolation ward of the Ram Manohar Lohia Hospital in New Delhi where a New Zealand resident with suspected SARS is under observation. Goan marine engineer tests positive Truckers’ talks go off the road Believe it or not: Zipping down Ring Road This is what Delhi’s circular artery would look like with an elevated expressway atop it. A proposal for this given to the government could be the answer to the growing gridlock. Report on page 3 AP Graphic: Neelabh See Sacred Space, ‘Right Remedy’ on Edit Page Wholesale, Mother Dairy prices hold. Vendors continue to extort Will supply through ration shops if vendor don’t hold the price line. VEGGIE PRICES GOVT WARNS AIMTC gives 2-day grace and extends deadline for tankers going off the road to Sunday PETROL & GAS Delhi has two sources. Tikri rail point and Madanpur Khadi pipeline for LPG. Petrol pumps can lift directly from Shakurbasti IN-HOUSE STOCKS Neeraj Paul Comment: The usual game of brinkmanship is on to see who blinks first. Both sides should try to reach a compromise formula which would put trucks back on the road while backroom negotia- tions continue. TIMES NEWS NETWORK New Delhi: Thursday’s negotiations between the road transport minister and the AITMC got nowhere. The need for higher political interven- tion to resolve the issues is clear. The truckers’ union wants talks on the whole range of issues, covering other ministries like fi- nance and petroleum, as well as state govern- ments. ‘‘We don’t want piecemeal assurances,’’ AITMC secretary-general Jatinder Mohan Saxe- na said after the talks. ‘‘Till then, we are prepared to sit it out...for 40 days, if need be.’’ Road transport minister B C Khanduri said the talks would continue, but did not elaborate. One of the demands of the truckers — that of ending the toll fees for highways — has been re- jected. There is a legal problem on another de- mand — phasing out old vehicles. Nightmare scenario: Prasheel Wardhe spent 3 days in Mumbai and 7 in Goa before he was isolated. The SARS virus is highly infectious and can spread even through droplets left on objects. The government still doesn’t know where he stayed in Mumbai, how he travelled to his hometown in Goa, and how many people came in close contact with him along the way. Masks for all? Not yet. Frequently wash hands and cover mouth/nose while sneezing/coughing. Max. 38 o C/ Min. 21 o C Moonset: Sataurday — 0741 hrs. Moonrise: Friday — 2045 hrs. Sunset: Friday — 1848 hrs. Sunrise: Saturday — 0552 hrs. OID K TOID180403/CR2/01/K/1 OID TOID180403/CR2/01/Y/1 OID M TOID180403/CR2/01/M/1 OID C TOID180403/CR2/01/C/1

Transcript of 18TOIDC_COL_01R2.QXD (Page 1) - Indiatimes

CMYK

Infotech takes a reality checkBy Pradipta Bagchi &

Tina Chopra-KarkhanisTIMES NEWS NETWORK

Mumbai: Is it the beginning of theend of a golden era for the country’ssoftware sector? If Infy’s cautiousprojections about profitability in themonths ahead unnerved investorslast week, then Wipro’s lower than expected profits on Thursdaywas another nail in the proverbialtech coffin.

With the stock markets punishingtechnology stocks, there are ques-tion marks over the future prof-itability of India Inc’s IT program.

But market experts don’t seem un-duly worried. ‘‘This is far from atechnology meltdown. Despite itstroubles, this industry is still growing by 20-25 per cent. Can anymanufacturing sector match this?’’

asks Amit Chandra, ED, DSP Merill Lynch.

Market players do admit there hasbeen a downward re-rating of thesector. ‘‘Investors realise that bigtech companies are increasingly going to behave like large old econo-my companies, which cannot double in size and profits everyyear,’’ says Pashupati Advani, aMumbai-based broker.

So, large tech stocks will becomelike a Colgate or Hindustan Lever —they will deliver regular returns butwill no longer be able to deliver theexplosive growth of the past.

Over the past decade, Indian ITcompanies notched up growth ratesof 40 to 50 per cent — thanks to bigoutsourcing deals by US firms and adepreciating rupee. And that’s whyinvestors were willing to pay a high-

er price for software shares.All that changed last week, when

Infosys confirmed that not only weregrowth rates slowing but also thatfierce competition meant that thesoftware bluechips were having tocut their prices and hence their prof-its. ‘‘Today’s customers want to havetheir cake and eat it too. They wanthigher value at a lower price,’’ saidWipro’s chairman Azim Premji.

Compounding these worries is theunusual strength of the Indian cur-rency in the past six months, whichfar from depreciating has risen invalue by almost three per cent,knocking down profits further.

Moreover, the advantage of cheap-er workers is also being nullified byforeign tech firms who are increas-ingly setting up their own develop-ment centres in India.

Pandya’s ‘murderers’ held: TheCBI has arrested four persons inAndhra Pradesh, who were allegedlyinvolved in the assassination of for-mer Gujarat home minister HarenPandya. P7

Train speed 150 kmph now:The Indian Railwaysmay soon increaseits speed limit from130 kmph to 150kmph. The promisemade by railwayminister Nitish Ku-mar came at the

150th anniversary celebrations ofthe railways. P10

Amar Singh’s arrest stayed:The Allahabad High Court has put astay on the arrest of Samajwadi Par-ty leader Amar Singh till May 16. Hewas arrested in connection with thecases of alleged misuse of discre-tionary funds on UP chief ministerMayawati’s order. P11

Wipro results: After Infosys, thebelow-expectation results of Wiprohave shaken the stock market.Wipro’s Q4 net profit fell 5 per centagainst the market expectation of a5.5 per cent rise.

NEWS DIGEST

You can’t solve a problemon the same level onwhich it was created.You have to rise above

it to the next level.— Albert Einstein

Established 1838Bennett, Coleman & Co., Ltd.

Book your Classifieds24 hours service: “51-666-888”

Times InfoLine “51-68-68-68”The ATM of information

The Largest Classifieds Site

YOU SAID IT by Laxman

If this transport strike continues,I’m afraid, we have to suspendproduction, Sir.

Yesterday’s results: Do you think VirenderSehwag has the makings of a future

Indian captain?

Today’s question: Does the Goa SARScase reflect the government’s

indifference in handling the crisis?

Cast your vote on www.indiatimes.com or SMS ‘Poll’ to 8888

indiatimes.com POLL

No 57%Yes 43%• The poll reflects the opinions of Net users who choseto participate, and not necessarily of the general public.

Mainly clear sky with dust haze, likely to be-come partly cloudy sky towards after-noon/evening. Max. relative humidity onThursday 56 per cent, Min. 17 per cent.

WEATHER

* 20 + 8 pages of Delhi Times

BULLIONNasdaq: 1394.72 (+3.71)Dow: 8257.61 (-144.75)

Mumbai: Rs 4735Mumbai: Rs 7865

Chennai: Rs 4810Chennai: Rs 7565 EXCHANGESTOCKS Delhi: Rs 5045

Delhi: Rs 7555BSE: 2984.50 (-47.82)NSE: 940.70 (-17.95)

Gold 22 ct /10gm: Silver /1kg:

$: Rs 47.85£: Rs 75.90

: Rs 52.55S $: Rs 27.90

WIN WITH THE TIMES

www.timesofindia.comNew Delhi, Friday, April 18, 2003 Capital 28 pages* Invitation Price Rs. 1.50

IndiaAlert over Lashkar’splan to strike duringVajpayee’s J&K visit

InternationalBarzan, Saddam’shalf-brother caughtby US Special ForcesPage 12

Arsenal hold Manchester Unitedto a 2-2 draw

Times Sport

Page 7 Page 20

PEOPLE POWERQuestion of the week:

Has privatisation improved the power situation in Delhi?

Should water also be privatised?

Call today at 23492136 ( between 12 noon and 1pm ) You can fax us on 2332 3346 / 2371 5832

e-mail: [email protected]. Your response, along with your name, will be published in

Speak your mind—loud and free.

SUNDAY TIMES OF INDIAApril 20, 2003

It’s official: SARS is here

By Byas AnandTIMES NEWS NETWORK

New Delhi: After three weeks of‘when?’, SARS has finally struck.The reactions:

Goa takes a dip: The country’stop tourist destination stares at along, lean season. Typically, Goa’stourism inflows dry up as summerapproaches. This time around,there was the hint of an upsurge —inbound travel bookings were up 20per cent with the end of the war inIraq. And domestic tourism waslooking good as SARS-hit South-east Asia was out of bounds.

“If SARS spreads, things wouldjust move from bad to disastrous,”says Ankur Bhatia, managing di-rector of Amadeus India.

Goa’s economy is largely de-pendent on tourism with the num-ber of charter flights determining

the success of each season. Every-one is nervous.

“This case might just lead to ahasty retreat by the internationalcharters who have already in Goa,”adds Harinder Singh, a Delhi-basedtour operator. The 20 charters duethis month are already a big ques-tion mark.

Goa tourism authorities put up abrave face. “Things are normal andI don’t see any reason to panic,”says M Suryanarayan, director,Goa Tourism in Panjim.

Are travel advisories up next?:The UK government, for one, hassaid that it is closely monitoringthe situation in India. If SARSspreads, governments will actquickly to stop the flow of citizensto an affected country.

Has Delhi airport geared up?:Health and civil aviation authori-ties say they are intensifying

screening of in-bound passengers.But there’s no increase in the num-ber of doctors and nurses stationedthere. “All passengers are now re-quired to first report to the doctorsat the special counter, before theycan proceed to Immigration,” saysIGI airport director PS Nair.Screening could be extended to do-mestic airports and airlines,sources said.

Hotels begin drill: Five-star ho-tels across the country are gettingready for SARS by installing special air filters to preempt infec-tion. A couple of hotels in the capital have already installed spe-cial ionizers, which defuse air-borne microbial contaminants.“Besides, we have trained the staff and asked them to be on the look out for guests who showsymptoms similar to SARS,” says ahotel manager

And tourism gets the chills

By Kalpana Jain & Vidyut Kumar TaTIMES NEWS NETWORK

Panaji/New Delhi: When it finally ar-rived, it chose the Goan paradise.

The confirmation of the first SARScase in India has come from the idyll ofsun, sea and sand. Marine engineerPrasheel Wardhe (32), who had sailed toHong Kong and Singapore before re-turning to Mumbai, has tested positivefor the new corona virus, cause of thepandemic of Severe Acute RespiratorySyndrome. He has been in India sinceApril 1; theoretically he could have in-fected all the people with whom hecame in contact.

Wardhe was admitted to the isolationward of the Goa Medical College hospi-tal on April 10 after he went to a privatepractitioner complaining of fever andcough. He was discharged two days lat-er after his chest X-ray was found clear,and there was no fever.

Samples were routinely sent toPune’s National Institute of Virology(NIV), which nailed the grim truth. NIVdirector S Mishra told Times News Net-work, ‘‘We identified the virus in thesample given to us. We stand by our re-sults.’’ Wardhe has once again been iso-lated in the Goa hospital.

Union health minister SushmaSwaraj claimed that this case provedhow alert the system was, with even acase reporting to a private practitionerbeing detected and isolated.

The Union government has asked fora 10-day home quarantine of healthworkers who had come in contact withhim, and Wardhe’s family members.His wife and father have been found tobe ‘‘asymptomatic’’ but their sampleshave been taken for testing.

Delhi gets another suspect...

Two nurses stand outside the isolation ward of the Ram Manohar Lohia Hospital in New Delhi where a New Zealand resident with suspected SARS is under observation.

Goan marineengineertests positive

Truckers’ talks go off the road

Believe it or not: Zipping down Ring Road

This is what Delhi’s circular artery would look like with an elevated expressway atop it. A proposal for this given to the government could be the answer to the growing gridlock. Report on page 3

AP

Graphic: Neelabh

See Sacred Space, ‘Right Remedy’ on Edit Page

Wholesale, Mother Dairy priceshold. Vendors continue to extort

Will supply through ration shops ifvendor don’t hold the price line.

VEGGIEPRICESGOVTWARNS

AIMTC gives 2-day grace and extends deadline for tankers going off the road to Sunday

PETROL& GAS

Delhi has two sources. Tikri railpoint and Madanpur Khadi pipeline for LPG. Petrol pumpscan lift directly from Shakurbasti

IN-HOUSESTOCKS

Neeraj Paul

Comment: The usual game of brinkmanship ison to see who blinks first. Both sides should tryto reach a compromise formula which would puttrucks back on the road while backroom negotia-tions continue.

TIMES NEWS NETWORK

New Delhi: Thursday’s negotiations between theroad transport minister and the AITMC gotnowhere. The need for higher political interven-tion to resolve the issues is clear.

The truckers’ union wants talks on the wholerange of issues, covering other ministries like fi-nance and petroleum, as well as state govern-ments. ‘‘We don’t want piecemeal assurances,’’AITMC secretary-general Jatinder Mohan Saxe-na said after the talks. ‘‘Till then, we are preparedto sit it out...for 40 days, if need be.’’

Road transport minister B C Khanduri said thetalks would continue, but did not elaborate.

One of the demands of the truckers — that ofending the toll fees for highways — has been re-jected. There is a legal problem on another de-mand — phasing out old vehicles.

Nightmare scenario: PrasheelWardhe spent 3 days in Mumbai and7 in Goa before he was isolated. TheSARS virus is highly infectious andcan spread even through droplets lefton objects. The government stilldoesn’t know where he stayed inMumbai, how he travelled to hishometown in Goa, and how manypeople came in close contact withhim along the way.Masks for all? Not yet. Frequentlywash hands and cover mouth/nosewhile sneezing/coughing.

Max. 38oC/ Min. 21oCMoonset: Sataurday — 0741 hrs.Moonrise: Friday — 2045 hrs.Sunset: Friday — 1848 hrs.Sunrise: Saturday — 0552 hrs.

��OID��‰�‰��†�‰��K���

TOID180403/CR2/01/K/1

��OID��‰�‰��†�‰������

TOID180403/CR2/01/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR2/01/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR2/01/C/1

CMYK

D E L H I The Times of India, New Delhi2 Friday, April 18, 2003

��OID��‰�‰��†�‰��K���

TOID180403/CR1/02/K/1

��OID��‰�‰��†�‰������

TOID180403/CR1/02/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR1/02/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR1/02/C/1

To chat on SMS send 'cchat' <your question> to 8888

Q. Why did you decide toact in Jee AayaNu?- Punjabiput-erA: I feel cinemais a very goodmedium whichPunjabis have

been ignoring. This is thebest way to promote yourlanguage and culture. Forany good Hindi film to besuccessful, music and over-seas markets are very im-portant. So, I thought, if wemake technically a verygood film, which in any wayis not less than a good Hindifilm then we would succeed. Q. Have you any more films

on hand?- Rit_sidA: I’m starting my next filmwith Manmohan Singh inJuly or August, which will beshot in Canada.Q. How would you rateyourself as an actor?- MamuA: I’ve got very positive feedback for the film fromabroad and (from) Punjab.Q. Will you still do musicalbums?- RahiA: Definitely. Music is myfirst love and I’m myselflooking forward to makingsome new music videoswith nice peppy numbers.

“Cinema is the best way to promote language and culture” — HARBHAJAN MANN, Singer-Actor

2 pm:Anjhula SinghModel of the World-Asia 2001On what it takes

to carve a niche in themodelling world

5 pm: Dr Raj DeepakMishraAstrologer & SignaturistOn future

happenings in India and theWorld

CHATTING LIVE ON INDIATIMES TODAY

For complete chat log on tohttp://chat.indiatimes.com

Fourth episode of Art Show The fourth episode of Art Show will be telecast on CNBC

on Saturday at 9 pm and repeated on Sunday at 12 noonand again at 9 pm. As always the anchor is Mallika Sarabhaiand she can be expected to draw out the inspiration and ap-proach of the featured artists.

Art Show, a half-hour weekly programme is an initiative ofSatish Kumar Modi’s International Institute of Fine Arts inpartnership with the Times Foundation. The Times Founda-tion has involved itself with this programme in continuationof its efforts to make art accessible to the people and encour-age the young to take to it.

Shopping FiestaLajpat Nagar is holding

for the first time ever a15-day Shopping Festi-

val, with 6 Fiat Palios asmega prizes among othergoodies. A Delhi record ofmore than 90 showrooms andoutlets at Lajpat Nagar areparticipating in the festival.

Presented by Delhi Timesand American Express, theFiat Lajpat Nagar ShoppingFiesta has a bagful of excit-ing prizes to be won by LajpatNagar shoppers. To qualifyfor the lucky draws, shoppersneed to buy products worthRs 500 from any one of theparticipating stores or have ameal at any one of the partic-ipating restaurants, and thenfill up a draw coupon.

In addition to the carsthere are three draws every-day at 2 pm, 5 pm and 8 pm.Attractive offers and dis-counts such as free mealcoupons from Bikanervalaand various ‘Buy and Get’deals will add to the glitter.

Shoppers who use Ameri-can Express card will havedouble the chance to win inthe lucky draws as they areentitled to two coupons madefor a purchase made for Rs500. American Express cardshoppers are also entitled fora special prize, which are re-turn tickets for two couplesto Singapore.

Times of India readers areentitled to an extra draw for45 gift hampers worth Rs5,000 each on depositing thereader coupon along with thebill details of the purchasemade. Reader coupons willappear every day.

The festival is organisedby Confluence, a retail man-agement company.

The festival starts on Fri-day, April 18 with a bang anda scintillating performanceby the king of Punjabi popGursewak Mann along withhis dance troupe.

Shop and you may drivehome a Fiat Palio.

Gang of cheatsbusted, 2 held

TIMES NEWS NETWORK

New Delhi: The New Delhidistrict police have busted agang of cheats who sold fi-nanced cars using forged doc-uments. The case hasbrought to light a nexus be-tween criminals and the po-lice. Deputy commissioner ofpolice (New Delhi) ManojLall said: ‘‘We have arrestedtwo persons, Madan Mohanalias Pappu and DharmenderSingh, but head constable Kr-ishna Kumar Kaushik is ab-sconding.’’

The DCP said two stolencars have also been recov-ered. Pappu is wanted in con-nection with over 20 murdersand numerous extortion cas-es. He is the only survivingmember of the dreadedSatvir Gujjar gang. The otheraccused, Dharmender’s fa-ther was a sub-inspector withthe Delhi Police.

The police said Dhar-mender, Pappu and Kaushikhad been operating since1998 and had evolved amodus operandi of forgingno objection certificate(NOC) for loaned vehicles bythe financing bank.

Head constable KaushikKaushik was using officialseals to certify documents forregistration, Lall said.

By Manoj JoshiTIMES NEWS NETWORK

New Delhi: Among Indiancities, Delhi is reputed tohave the widest roads. It alsohas a new metro rail servicewhose network is growingevery year. But Delhi’s darkside is that it has more vehi-cles on the road than Mum-bai, Chennai and Kolkatacombined, and that this num-ber is growing at the rate of4,000 a week.

Most of Delhi’s broadstreets are now clogged withtraffic that increased 16times between 1971 and 2001.In this period, its roads mere-ly trebled. With the Delhiite’slove affair with the automo-bile becoming ever more pas-sionate, the authorities aretrying desperately to cope.Twenty-seven flyovers are be-ing constructed at a cost ofRs 800 crore. But, the trafficgridlock merely moves on tothe next intersection. In the1980s, it was estimated thattraffic jams in Bangkok costThailand 1.7 per cent of itsGDP in terms of wasted pro-ductivity and fuel. Whatprice is India willing to pay?

Experts are agreed thatthere are only two ways of

dealing with this problem —go up or down viz. make ele-vated roads or tunnels, andrecover the cost by charginga toll. An entire road, actual-ly a signal-free expresswaycan be built atop an existingroad or under it. Such roadsdo not need to go through dif-ficult land acquisitionprocesses. Mass transit sys-tems may be the best option,but they are not self-support-ing, city governments have topay a subsidy to run them.

Cities use a mix of meansto cope. Paris, with its excel-lent metro and road, is nowtunnelling under its 40 km

ring road. Bangkok has ametro, an elevated light railand elevated roads. The Chi-nese have already providedShanghai with metros, a ma-glev suburban train systemand plan to have a total of 300kms of elevated roads in theShanghai area by 2010.

Proposals are not lackingfor Delhi, but leadership is.The division of responsibili-ty for ruling Delhi betweenthe state and the Centre cre-ates its own set of problems.The National Capital RegionPlanning Board proposed thebuilding of an elevated ex-pressway atop the existing

Ring Road around Delhi, butthe proposal was put on theback burner. Recently, NOI-DA Toll Bridge company,which built and operates theDelhi-Noida private toll road,put up a build-operate-trans-fer proposal to the Delhi gov-ernment for the constructionof an elevated road above theexisting Ring Road whichwill cost of Rs 3,300 crore.This could be a beginning.

Meanwhile VIP move-ments, processions and acci-dents continue to throw traf-fic out of gear. And this is2003. Wait till you reach 2013,at 4,000 vehicles a week.

CMYK

D E L H IThe Times of India, New Delhi Friday, April 18, 2003 3

MAKING DELHI MOVE FASTER

��OID��‰�‰��†�‰��K���

TOID180403/CR1/03/K/1

��OID��‰�‰��†�‰������

TOID180403/CR1/03/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR1/03/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR1/03/C/1

Will elevated Ring Road end gridlock?

Laying down the solutionsThe 48 km Ring Road is Delhi’s primary artery.The problem: The road has already reached its saturationcapacity of 110,000 vehicles per day. Traffic is set to reach150,000-400,000 vehicles per day by 2011, something thatwill require the widening of the road from its present sixlanes, to 18-24 lanes.The solution: An elevated road over the existing road. Access will be controlled.The advantage: Since there will be no signals, it will speedup traffic considerably. Will be paid for by collecting tollsfrom users. Other options: An underground metro system under the Ring Road, but its operation will have to always be subsidised.

Fact fileWhose proposal? Delhi Noida Toll Bridge Company.How long will it take to build? Up to six years with hi-techmachinery.How long will it be? Six lanes of 48 km each. It will in-crease the carrying capacity of the Ring Road by 200 percent.What will it cost? Rs 4,000 croreWho will fund the project? Private sector with governmentsupport and concessions.Will we have to pay to use it? Yes, the toll will depend onhow much of the expressway you use. Initial studies sug-gest that toll charge could range between Rs 1.50 and Rs 3per km. Pradeep Puri, CEO of Delhi-Noida, toll bridge, saidterms of government concessions can be designed in sucha way that the per kilometre toll comes to Rs 2 per km.Advantages: Reduction in travel time through increase inthe average speed. On some stretches, travel time maycome down to a sixth. ● Reduction in accidents and fatalities due to segregation offast moving traffic from slow moving traffic. There would beno cyclists and pedestrians.● Pollution levels will be reduced due to lesser congestionand stops for vehicles.● Economic benefits in terms of time and fuel cost savings.● Minimal land acquisition of land needed as the elevatedcorridor would come up on the existing alignment of theRing Road.Disadvantages: ● High investment of Rs 4,000 crore. The project may require financial concessions and tax relief.● The project may mar the skyline● Traffic congestion may be caused during implementation.

Goodbye to all this if the expressway proposal materialises.

Power cutssnap watersupply too

TIMES NEWS NETWORK

New Delhi: Several coloniesin the city went without pow-er on Thursday. In Patpar-ganj, the power supply wasdisrupted around 8 pm.

‘‘It was the same story onWednesday. Power goesaround the same time everyday,’’ said Aditi, a resident ofIP Extension.

In Baljit Nagar, residentswere without water when thepower supply was cut off inthe evening. ‘‘Water supplyin our area begins in theevening. But due to the pow-er cut we could not evenpump water in our tanks,’’said Harjeet Singh, a resi-dent of block T. ‘‘Power cutmeans double suffering forus as there is no water with-out electricity,’’ he said.

Lalit Kumar, a resident ofNavin Shahdara, said thepower supply in their colonyhad deteriorated so muchthat they feared a blackout al-most every hour. ‘‘The poweris cut every day about 8 pmand it is restored after 10pm,’’ he said.

O P Sharma of SchoolBlock, Mandawli, said:‘‘There was no power for fourhours. So there’s no water ei-ther.

Anti-high beamdrive begins,1,762 challans

TIMES NEWS NETWORK

New Delhi: If figures areto be believed, the first dayof the traffic police’s driveagainst motorists whokeep their car headlightson high beam at night wasa success.

The traffic police issued1,762 challans on Wednes-day night. More than 40teams were posted at dif-ferent places to nab offend-ers. Besides the challans,the traffic police also is-sued 438 notices.

‘‘The notices were writ-ten against those who didnot stop during the check-ing or could not bestopped,’’ deputy commis-sioner of police (traffic)Satish Golcha said.

‘‘The various teamsworked from 10 pm tillmidnight. Although somepeople tried to argue, wehad instructed our officersnot to be lax,’’ Golcha said.

The drive against highbeam driving is likely tocontinues.

Golcha claimed the ruleunder Motor Vehicle Actstates clearly that it is amotorist’s responsibilityto manipulate headlightsto ensure that no danger orinconvenience is caused toanyone.

He said the drive wasinitiated after traffic po-lice received several com-plaints against high beamdriving. He said the cityroads are well-lit andhence high-beam drivingwas unnecessary in Delhi.Man robbed : A business-man was robbed of Rs twolakh in Tilak Nagar onThursday. Saurabh Katyal,26, was carrying the cashin his car parked outsidethe Punjab and SinghBank in the area. A youthtook the bag around 11.30pm by diverting Katyal’sattention.

CMYK

D E L H I The Times of India, New Delhi4 Friday, April 18, 2003

For Book-ing and In-formation

Call :51-666-888

��OID��‰�‰��†�‰��K���

TOID180403/CR1/04/K/1

��OID��‰�‰��†�‰������

TOID180403/CR1/04/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR1/04/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR1/04/C/1

BANGKOK/TOKYO: ThaiAir 0010 (TG-316),I-A 0050 (IC-855) FRANKFURT: Lufthansa0305 (LH-761) AMSTERDAM:Northwest 0140 (NW-037) LONDON: British Air0210 (BA-142) PARIS: Air France 0040 (AF-147) SINGAPORE:Sin’pore Airlines 2315 (SQ-407), I-A0050 (IC-855) A-I 1105 (AI-412) MUSCAT: A-I 1205 (AI-837) DUBAI: A-I 1515 (AI-727)

MUMBAI: 0700 (A-I172), 1885 (A-I 307),2330 (A-I 112)

WEATHERRain or thundershowers are likely to occur at isolatedplaces in Andaman and Nicobar islands, Arunachal,Assam and Meghalaya, Nagaland, Manipur, Mizoram,Tripura, west Bengal and Sikkim, Orissa, Jharkhand,

Bihar, Himachal Pradesh, Jammu and Kashmir, east MadhyaPradesh, south Madhya Maharashtra, Marathwada, Chattisgarh,Karnataka, Kerala and Lakshadweep. Mainly dry weather will pre-vail over the rest of the country.

Max Min

INDIA

Guwahati 28 22 Dehradun 32 17Hy’bad 40 27 Indore 39 22Jaipur 38 25 Lucknow 40 23Patna 36 25 Rajkot 37 24Shimla 20 13 Srinagar 19 08

FLIGHTS OUTOF DELHI

Mumbai: I-A 0700,0800, 0900, 1200, 1300,1700, 1800, 1900, 2000,2300 Jet Air 0650,0800, 0935, 1400, 1725,1935, 2030, 2200,Sahara 0700,1800, 2025KOLKATA: I-A 0700,1600★★ ,1700,1945Jet Air 0600, 1720,Sahara 0620,1915CHENNAI: I-A0640,0955★★★1645,1900 Jet Air0645,1900BANGALORE:I-A 0650, 1645, 1900Jet Air 0635,1715,Sahara 0725, 1745HY’BAD:I-A 0630, 1745GOA: I-A 1200,Sahara 1200 KULU: Jagson 0630,0650, 1215 ★AHMEDABAD:I-A 0600,1700★★ 1845,Jet Air 0610 GUWAHATI—BAGDOGRA:I-A 0555★★ , 1010•★ Jet Air 1010

NATIONAL

INTERNATIONAL

AIR INDIA

Ph: I-A:140,142. ★ Mon, Wed,Fri, ★★ Tue, Thu, Sat, ★★★Mon-Fri, Sun, Jet Air: (City)6853700, (Airport) 25665404Sahara: (City) 2335901-9,(Airport) 25675234/875, (Tele-Checkin) 25662600. • Mon, Fri.

A-I: (City)23736446 /47/48(Air.)25652050, British Air:(Air.) 25652908, Lufthansa:23323310, Singapore Airlines23356286, Thai Air: 3323638

TRAIN RESERVATIONS

No. of passengers dealt on 16.04.2003 (Delhi Area): 65,992, (N. Rly. Area)2,42,690. It does not necessarily mean that reservation is available on allsubsequent dates. For further information regarding reservation: Ph: 131 forcomputerised PNR, for status enquiry contact 1330, 1335, 1345.

(Information supplied by Indian Railways)

Earliest date on which berth / seats were available at 2000 hrs. on17.04.2003 in important trains leaving various Delhi stations.

Train No. Train / Exp / Mail 1 ac 2 ac Ac 3t SlNORTH4033 Jammu Mail 22.04 24.04 30.04 22.044645 Shalimar Exp — 23.05 24.05 22.042403 Jammu Exp 24.04 28.04 07.05 07.05EAST2302 Kolkata Rajdhani 19.04 22.04 29.04 —2304 Poorva Exp 19.04 23.04 23.04 21.052382 Poorva Exp 21.04 02.05 28.04 23.052312 Kalka Mail N.A. 22.04 24.05 09.052392 Magadh Exp N.A. 30.04 22.04 14.052402 Shramjeevi Exp — 19.04 22.04 17.052418 Prayag Raj Exp 19.04 22.04 21.04 21.044056 Brahmputra Mail — N.A. 04.06 22.055622 North East Exp — 21.05 30.05 22.052554 Vaishali Exp 18.04 07.05 23.05 03.062816 Puri Exp — 30.04 24.04 15.042802 Purshottam Exp — 06.05 01.06 13.058476 Neelanchal Exp — 02.05 02.05 22.044230 Lucknow Mail 19.04 24.04 23.04 29.04WEST2904 Golden Temple Mail 23.04 24.04 09.06 11.062926 Paschim Exp 21.04 01.05 12.06 12.062952 Mumbai Rajdhani 24.04 28.04 08.05 —2954 AG Kranti Rajdhani 22.04 23.04 28.04 —2474 Sarvodaya Exp — 01.05 29.05 24.041078 Jhelum Exp — 28.05 21.05 02.062916 Ashram Exp 18.04 01.05 21.04 22.04SOUTH2616 G T Exp 20.04 23.04 04.06 21.042622 Tamil Nadu Exp 19.04 21.04 09.06 21.042432 Trivandrum Raj 20.04 N.A. N.A. —2626 Kerala Exp — 10.06 09.06 29.052618 Mangala Exp — 09.06 09.06 23.052628 Karnataka Exp — 23.04 06.04 21.042724 A P Exp 21.04 20.05 29.05 23.042430 Banglore Rajdhani 21.04 09.06 03.06 —7022 Dakshin Express — 06.05 — 20.04

Max MinDelhi 38 21 Mumbai 33 27 Chennai 35 26 Kolkata 36 21 Bangalore 35 23 Ah’bad 37 27T’puram 33 24Bhopal 40 23 B’eshwar 38 27 Pune 40 21

WORLDMax Min

Amsterdam 24 11 Bahrain 32 23 Bangkok 36 26 Beijing 26 16 Chicago 30 18 Geneva 22 06 Hong Kong 26 21 London 25 09 Los Angeles 18 09 Moscow 11 04

Traffic disruptionNew Delhi: Traffic will bediverted near Talkatora Sta-dium where the BJP is or-ganising a rally on Friday.The rally will start at 9 am.Motorists are advised toavoid roads leading to Talka-tora Road and Ram ManoharLohia Hospital.TNN

Boy dies in accident: Shishir Gupta (19), a resident of MayaEnclave, was hit by a speeding truck on Thursday. He was CSIRdirector V K Gupta’s son. The victim, who was on a two-wheeler,was hit at the Gurgaon Road-Station Road T-point at 7.30 am.He died on the spot. The truck driver is absconding.TNN

New Delhi: The Central Bu-reau of Investigation (CBI)arrested YashpalMinocha, partnerof M/s APY Hote-liers and Buildersgroup, on Thursday. Minochawas produced before thecourt and remanded to judi-cial custody till April 24.

According to the CBI,Minocha had allegedlybribed Delhi DevelopmentAuthority (DDA) officials fornot demolishing an unautho-rised elevator in one of theirbuildings.

Meanwhile, CBI judge,Prem Kumar, has remanded

D h a r a m b i rKhattar, the al-leged middle-man in the DDA

land scam case, to five daysCBI custody. TNN

CMYK

D E L H IThe Times of India, New Delhi Friday, April 18, 2003 5

��OID��‰�‰��†�‰��K���

TOID180403/CR1/05/K/1

��OID��‰�‰��†�‰������

TOID180403/CR1/05/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR1/05/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR1/05/C/1

Vijay Goel, adopt these schoolsBy Anuradha MukherjeeTIMES NEWS NETWORK

New Delhi: Four hundredand thirty-five students, oneteacher and no classrooms.One hundred and seven stu-dents, two teachers and 17rooms. Startling facts — butthese are schools right inthe heart of the city. A caseof wasteful plenty at places,at others of acute scarcity.

Both the examples citedabove are of primaryschools run by the Munici-pal Corporation of Delhi(MCD). But these are notthe exception. A study con-ducted by minister of statein the PMO Vijay Goel inhis parliamentary con-stituency, Chandni Chowk,reveals that most school arein an utter state of neglect.

‘‘We conducted a study of57 schools in this con-stituency comprising theWalled City, Paharganj andparts of Civil Lines. Wefound there was a total lackof any kind of official mon-itoring,’’ said Goel. He hasnow taken it upon himselfto adopt one of theseschools and create a modelfor the MCD to follow. ‘‘Theidea is to involve the com-munity in improving theschools in their neighbour-hood,’’ he said.

According to him, most ofthe schools in the area arelocated in old buildings andmost require repairs andimprovement of some sortor the other. ‘‘Half the

schools need their roofs re-paired,’’ he said.

Apart from the generalstate of disarray, he saidfunds and infrastructurewhere available are notused in a planned manner.

‘‘The schools are so poor-ly managed that most par-ents prefer to send theirchildren to public schoolseven if they have to take aloan,’’ he said.

He felt most of theseschools need to be clubbedtogether. Goel has also de-cided to adopt an MCD

school in Ajmeri Gate. Heproposes to rejuvenate theschool with the help of thelocal community. ‘‘About 369students attend the morn-ing shift, while 121 studentsattend the evening shift.The school has 10 black-boards and another 10 areneeded. There’s no properarrangement for drinkingwater,’’ said Goel.

‘‘We plan to involve localbodies like the Paper Mer-chants’ Association to makecontributions. We have pre-pared a committee of teach-

ers who will ensure that thebuilding is maintained. An-other committee of parentswill mobilise funds andkeep a watch,’’ he said.

To begin with the schoolwill get proper desks, light-ing, windows and a freshcoat of paint. Goel says ifsuccessful the plan will beimplemented in all the 57schools. ‘‘We have alreadyspoken to the municipalcommissioner and at a laterstage this experiment maybe adopted in entire Delhi,’’he said.

DJB to rationwater for east Delhi

TIMES NEWS NETWORK

New Delhi: After south, noweven east Delhi will get watersupply just once a day fromnext week, says the Delhi JalBoard (DJB).

Since the upper Gangacanal that brings water to theBhagirathi plant was closedon Thursday, DJB chief P KTripathi said the move wouldensure ‘‘minimum water foreveryone in south and eastDelhi’’.

The 100 million gallons aday (MGD) Bhagirathi plantsupplies water to south andeast Delhi and is one of themost crucial ones for Delhi.On Thursday, a drop of justfive MGD due to power cutsfurther aggravated the crisisin these parts of the city.

And now production fromthe plant is in doldrums as itsfeeder Ganga canal wasclosed in Uttaranchal till theend of this month to preparefor the ardh kumbh fair.Though Haryana has agreedto give some water, there willstill be a substantial short-fall.

Among the worst hit areasin south will be ChittaranjanPark, Kalkaji and Govind-puri. In the east, Shahdaraand Mayur Vihar-III will suf-fer the most.

‘‘The water already re-leased in the canal will lastfor about six days, and thereal crisis will begin fromnext week. The once-a-daysupply will ensure that peo-ple at the fag end of the dis-tribution line also get somewater,’’ said Tripathi.

TOO MUCH, TOO LESSMCD Primary School,DaryaganjStudents: 377Classrooms: 10Fans: 3No drinking water

MCD Primary School,Kanchanpuri, Vijay GhatStudents: 435Teachers: 1Vacant posts: 12Classrooms: None

MCD Primary School,PaharganjStudents: 220Teachers: 2Classrooms: 7Fans: 93

MCD Primary School,Anguri KhirkiStudents: 107Teachers: 2Classrooms: 15Fans: 52

MCD Primary School,Chitra Gupta RoadStudents: 23Teachers: 1Classrooms: 4Fans: 16

MCD Primary School,Magazine road IStudents: 698Teachers: 14Classrooms: 23Fans: 121

CBI makes 1 more arrest

DDAGATE

CMYK

The Times of India, New Delhi6 Friday, April 18, 2003

VEHICLES

TRAVEL

BAZAAR

PROPERTY

EDUCATION

RECRUITMENT

BUSINESS

��OID��‰�‰��†�‰��K���

TOID180403/CR1/06/K/1

��OID��‰�‰��†�‰������

TOID180403/CR1/06/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR1/06/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR1/06/C/1

CMYK

I N D I AThe Times of India, New Delhi Friday, April 18, 2003 7

��OID��‰�‰��†�‰��K���

TOID180403/CR1/07/K/1

��OID��‰�‰��†�‰������

TOID180403/CR1/07/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR1/07/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR1/07/C/1

Census on housing, amenitiesTIMES NEWS NETWORK

New Delhi: Is the countryprogressing fast enough? Arethe fruits of developmentreaching each and everyhousehold? These were someof the questions posed byDeputy Prime Minister L KAdvani, while releasing thecensus data on housing,amenities and assets here onThursday.

He said the country hadmade considerable progressin several fields of develop-ment but an analysis was re-quired to ascertain whetherthis was fast enough and uni-form.

He said provision of food,clothing and shelter were nolonger the real indicators ofdevelopment as the countryaspired to become a devel-oped one by 2020.

‘‘Much more facilities thanmere provision of food, cloth-ing and housing are re-quired,’’ Advani said here af-ter releasing the CD-Census-Info India-2001, a data of cen-sus information.

‘‘We have made muchprogress in the last 55 years.But we need to consider howmuch more needs to be doneto meet the basic needs of thepeople,’’ he said.

CBI arrests fourin Pandya caseHyderabad: In a significantbreakthrough, the CBIsleuths on Thursday nabbedfour persons for their allegedinvolvement in the assassina-tion of former Gujarat homeminister Haren Pandya.

A special team of the CBIofficials, in coordinationwith the city police, arrestedfour persons from a bus sta-tion at Medchel on the cityoutskirts, while they wereabout to board a bus boundfor Nizamabad.

Hyberabad police commis-sioner Mahender Reddy saidthe arrested had receivedtraining in Pakistan.The four have been identifiedas Mohammad Asghar Aliand Mohammad Abdul Bari(both hailing from Nalgondadistrict in Andhra Pradesh),Mohammad Abdul Rauf andSyed Ifthekar, the commis-sioner added. PTI

J&K alert for PM’s visitBy M Saleem Pandit

TIMES NEWS NETWORK

Srinagar: Security forcesin the state are on high alertfollowing two wireless in-tercepts that the Lashkar-e-Taiba (LeT) was planning tocarry out a suicide attackduring the two-day visit ofPrime Minister Vajpayeebeginning on Friday.

The Army intelligencealso intercepted anothercross-border message by theLeT calling for ‘‘high-pro-

file’’ action during the PM’svisit to Qazigund in southKashmir. The state policeand other agencies are mon-itoring the situation and allprecautionary measures be-ing taken, a senior police of-ficial said.

Meanwhile, eight people,including a BSF jawan,were injured when mili-tants triggered an IED atMagam in Budgam district,sources said. Pakistanitroops resorted to unpro-voked shelling in the Kargil

sector, killing one personand injuring six, includingfour children, on Thursday.

The troops at the borderfired in retaliation but thecasualties suffered by thePakistani troops were notimmediately known.

The PM’s visit has as-sumed significance in viewof the government’s peaceinitiative and state chiefminister Mufti MohammedSayeed’s insistence on be-ginning an unconditionaldialogue to restore peace.

AFP

A BSF personnel frisks a civilian in Srinagar.

CMYK

8 Friday, April 18, 2003 The Times of India, New Delhi

��OID��‰�‰��†�‰��K���

TOID180403/CR1/08/K/1

��OID��‰�‰��†�‰������

TOID180403/CR1/08/Y/1

��OID��‰�‰��†�‰��M���

TOID180403/CR1/08/M/1

��OID��‰�‰��†�‰��C���

TOID180403/CR1/08/C/1

BAZAAR

SERVICES

First pollsterEric da Costapasses away

TIMES NEWS NETWORK

New Delhi: E P W da Costa,India’s first pollster, died inBangalore on April 10. Hewas 93.

Popularly known as Eric,he was the founder of the In-dian Institute of Public Opin-ion and pioneered electionsurveys, both pre-poll andpost-poll, in the 1960s. He wasthe first to apply a statisticalmeasure in the form of his‘‘index of opposition unity’’in assessing the country’selections. His line of analysiswas that without oppositionunity, no single party couldever expect to get a majorityof popular vote, but the Con-gress could yet dominate theelectoral outcome in seats.

This concept of Eric pre-saged the era of ‘‘coalitionpolitics’’ that is now invogue.

As editor of Eastern Econ-omist, da Costa was also anadvocate of free market econ-omy. Along with otherSwatantra Party leaders ofhis time, he attacked govern-ment controls, terming theCongress government as‘‘quota-permit-licence raj’’.

No dress codefor lawyersNew Delhi: The SupremeCourt has dismissed a peti-tion seeking a directive to ap-ply a uniform dress code forboth senior advocates andother advocates.

The Bench dismissed theappeal by Lawyers ReformistForum saying the rule of Ad-vocates Act did not distin-guish between ‘‘seniors’’ andother advocates as far asdress was concerned. TNN

Vohra to leavefor KashmirNew Delhi: The Centre’s in-terlocutor on the Kashmir is-sue, N N Vohra, will reachSrinagar on April 21, twodays after Prime Minister Va-jpayee visits the state to initi-ate the peace process andlaunch several developmentprojects.

Asked if he would alsomeet separatist groups likethe Hurriyat Conferencemembers or for that mattermilitant groups, an officialsaid: ‘‘Vohra’s door will beopen for negotiations withany group or person willingto talk to him.’’ TNN

Govindacharyaattacks GovtJabalpur: BJP ideologue KN Govindacharya on Thurs-day virtually severed his tieswith the party after attackingthe government on its han-dling of the Iraq issue and itseconomic reforms policies.

“I will not join the BJP (re-new membership) because Ihave no personal ambition. Iwill not take primary mem-bership of the party,’’ saidGovindacharya who tooksabbatical from the BJP fol-lowing strain in his relation-ship with PM Vajpayee overfour years ago. PTI

Cheaper solarcells nowHyderabad: Researchers inthe US and Germany havecreated a new type of ‘verythin’ solar cell that could pro-vide a cheaper alternative toexisting solar cells.

The advantage of the de-vice is that it can be madefrom smaller quantities oflower quality semiconductormaterial, according to the re-searchers. PTI

LeT men heldMumbai: Two Lashker-e-Toiba (LeT) militants werenabbed in neighbouringThane district and chargedwith waging a war againstthe country, police sourcessaid on Thursday.

‘‘The LeT militants wereentrusted with eliminatingtop political personalities inMumbai,’’ Police Commis-sioner Shangari told a pressconference. PTI

Bail rejectedAhmedabad: The Pota courton Thursday rejected bail ap-plication of 44 accused in theGodhra carnage. Pota courtspecial judge Sonia Gokani,who had last week deferredthe hearing on their bail ap-plication, gave her judge-ment in a packed court. PTI

I N D I A

CMYK

I N D I AThe Times of India, New Delhi Friday, April 18, 2003 9

No SARS test on sportsmen arriving from China, IndonesiaBy Prabin Kalita

TIMES NEWS NETWORK

Guwahati: The screening of pas-sengers arriving from SARS-af-fected countries at different air-ports in the country is very lax,despite the officials guidelines.As a result, 21 wrestlers from Chi-na and Indonesia, two countriesbadly affected by SARS, are mov-

ing freely here without propermedical clearance.

‘‘At Jakarta airport, if yourbody temperature is found to bejust one degree above the normaltemperature, you will be isolatedimmediately.

‘‘I am surprised there were nosuch tests at Kolkata airport or atGuwahati,’’ Sunka Da Ferry Kart,producer of Indonesia’s national

television broadcasting station,Pt. Indosiar Visual Mandiri Tbk.told Times News Network onThursday.

Kart and three of his crew,along with the 10-member armwrestlers’ team, have been camp-ing in the city since Tuesday, fortaking part in the second Asia-Pa-cific Open Arm Sports Champi-onship, without going through

any SARS tests.Ironically Kart and all his fel-

low countrymen had their maskson till they arrived at Kolkata air-port.The seven-member Chineseteam too had no medical tests atNew Delhi airport.

‘‘I don’t give a damn to SARS. Ichecked with the Chinese em-bassy that no medical tests wouldbe carried on us before leaving for

India. We were just asked to signa form at the Delhi airport,’’ theChinese team leader said.

The Kamrup district healthauthorities stated that they hadno instructions to carry out ahealth check on foreigners reach-ing here on domestic flights.

The city has only one incomingweekly international flight andthe health authorities have been

instructed to check only passen-gers arriving from Bangkok.

‘‘We carry out temperaturechecks and respiratory tests onall these passengers.

‘‘Anyone found in a doubtfulphysical condition would beimmediately isolated and shiftedto the medical college for furthertests,’’ senior district medical of-ficer P Pathak said.

ESCAP scalesdown India’sGDP projection

TIMES NEWS NETWORK

New Delhi: The Economicand Social Commission forAsia and the Pacific (ESCAP)on Thursday scaled down itsprojection of India’s GDP(gross domestic product)growth for 2003 to 5.1 per centfrom six per cent on anticipa-tions that the Iraq war andSARS epidemic could ad-versely impact the Indianeconomy.

ESCAP released on Thurs-day its 2003 Economic and So-cial Survey of Asia and thePacific. The Survey, preparedin March, projects India’sGDP growth at six per centfor 2003. But in a separatepresentation made alongwith the release of the sur-vey, ESCAP scaled down thegrowth projection to 5.1 percent in the face of the Iraqwar, SARS and depressed de-mand in the US, Japan andEurope.

‘‘ESCAP region performedwell in 2002. Growth wasbased on stimulative fiscaland monetary policies andon strong intra-regionaltrade. However, prospects for2003 are conditioned by warin Iraq and its aftermath, im-pact of SARS and growth inUS, Japan and EU,’’ the re-port said.

Research and InformationSystem for Non-Aligned andother Developing Countries(RIS) director-generalNagesh Kumar, who releasedthe survey here, however,said: ‘‘Since the Iraq war wasshort, my hunch is that In-dia’s GDP will grow in the re-gion of 5.5-5.6 per cent. If oilprices fall, we might end upwith six per cent growth.’’

Even after the revision, In-dia continues to be one of thefastest growing nations afterChina, slated to grow by 7.5per cent, Vietnam (seven percent) and Fiji (5.2 per cent).

While global growth ratehas been revised to 2.3 percent from the earlier stanceof 2.8 per cent, the GDPgrowth for the developing na-tions of the Asia-Pacific re-gion was revised to five percent from 5.4 per cent.

Among India’s neigh-bours, Pakistan is slated topost an economic growth of4.5 per cent while Sri Lankais likely to grow by fiveper cent, Bangladesh by4.9 per cent and Nepal by2.5 per cent.

��OID��‰�‰��†�‰‹�K���

TOID180403/CR1/09/K/1

��OID��‰�‰��†�‰‹�����

TOID180403/CR1/09/Y/1

��OID��‰�‰��†�‰‹�M���

TOID180403/CR1/09/M/1

��OID��‰�‰��†�‰‹�C���

TOID180403/CR1/09/C/1

CMYK

I N D I A The Times of India, New Delhi10 Friday, April 18, 2003

Supreme Court admits petition challenging Bodo accordTIMES NEWS NETWORK

New Delhi: The SC onThursday admitted a writ pe-tition filed by the BodolandAutonomous Council Bound-ary Protection Association

seeking the quashing of amemorandum of settlementbetween the Centre, Assamgovernment and Bodo Liber-ation Tigers seeking to createa Bodo Territorial Council.

A Bench of Justices Shiv-araj V Patil and Arijit Pasay-at also issued notice to theBLT on the plea seeking astay on the implementationof the Bodo accord signed

among the three parties onFebruary 10 this year.

Petitioner’s counsel Har-ish N Salve said the accordwas signed in a hurried man-ner without taking into ac-

count the feeling among theBodo community and it rancounter to the original Bodoaccord of 1993 under whichthe Bodoland AutonomousCouncil was constituted.

��OID��‰�‰��†��‰�K���

TOID180403/CR1/10/K/1

��OID��‰�‰��†��‰�����

TOID180403/CR1/10/Y/1

��OID��‰�‰��†��‰�M���

TOID180403/CR1/10/M/1

��OID��‰�‰��†��‰�C���

TOID180403/CR1/10/C/1

In 150th year, Railwaysto touch 150 kmph

By Rajesh RamachandranTIMES NEWS NETWORK

Chennai: In the 150th year ofits operations, the IndianRailways intends to break itscurrent speed barrier andtouch the 150 km per hourlimit.

At present, the maximumspeed for premium trains is130 kmph. The new speedlimit was announced by rail-way minister Nitish Kumarhere on Wednesday at theconcluding ceremony of theyear-long 150th anniversarycelebrations.

The promise of high speedtrains on normal Indiantracks also poses heavy risksbecause even a cow crossingthe track can cause such atrain to fly off the rail.

In fact, this is one of thereasons why high speedtracks abroad are fenced oneither sides to ensure a safepassage for the trains.

Kumar referred to fencing,upgradation of tracks andsignalling within the enginecabin as pre-requisites forhigh speed trains and saidthe Railways would addressthese issues.

With the huge cost in-volved and the practicalproblems of securing thefences in poverty-ridden ru-ral India, the probability ofhigh speed trains running onlong distance trunk routes is

still remote.Most probably, the new

speed limit would be triedout in some stretches of theKonkan Railways on the west

coast. This sparsely populat-ed region with long tunnelsand bridges offers a naturalterrain that can do withoutfencing of the tracks.

Kumar also called for apublic debate on rail safetyon the basis of the white pa-per on safety that was pre-sented to Parliament recent-ly. He wanted all zonal rail-way general managers to or-ganise meetings involvingpublic and media representa-

tives to debate safety.‘‘I am not hungry for ku-

dos, but getting Rs 17,000crore for safety was not amean achievement. I have no

magical wand to set every-thing right,’’ said Kumar,while taking a dig at thosewho criticise the Railwaysfor its safety record.

Just as the Maharaja forAir-India, the Railways toowould now have a permanentmascot: Bholu, the elephantguard holding the signallantern. Kumar said that hechose the mascot at the riskof the Railways’ symbol be-ing termed a white elephant.

Mohammed Ilyas

Transport minister B C Khandoori at a meeting with transport association leaders at Trans-port Bhawan in New Delhi on Thursday.

• New speed limit could pose risks on normal tracks• Huge costs and securing fences in rural areas will

also stand in the way • Issues like upgradation of tracks,

signalling within engine cabin will have to be addressed first

Chugging along

Prayers for some, Eastereggs for everyone

By Diya KoshyTIMES NEWS NETWORK

New Delhi:As Christiansacross the city get ready toobserve Good Friday, here’sa word of advice.

Save the greetings forEaster Sunday. Good Fridaymarks the crucifixion ofJesus Christ and is a time ofprayer and introspectionfor Christians.

It falls at the end of a 40day fasting period calledLent, that begins on AshWednesday.

Church services begin atnoon and carry on till 3 pm.Many believe that this isdone as Christ suffered onthe Cross for three hours.

Altars are bare except fora wooden cross and churchbells do not sound the callto worship.

‘‘Good Friday is alwaysvery quiet at our Church.We fast the whole morningand attend the three-hourservice. Nobody greets eachother before or after theservice. After church we gohome and eat a simple mealof gruel and beans and therest of the day is spent qui-etly at home, preparing forSunday,’’ says Meera Johnof Green Park.

A long-standing GoodFriday tradition in the cityis to stop at Wenger’s forHot Cross Buns.

‘‘We place our ordersdays in advance. Peoplewho haven’t made the ad-vance booking, often haveto go without as they selllike — well, hot cakes,’’ saidSara Joseph.

However, with the arrivalof Easter Sunday, the peri-od of abstinence gives way

to celebration.Christians believe that it

was on this day that Christrose from the dead and as-cended into heaven symbol-ising the forgiveness ofman’s sins and a renewal oflife.

Some trace the festival tothe pagan fertility goddess,Eastre, and so it marks the

advent of Spring.The egg and rabbit are

also symbols of new life,hence the Easter egg andthe Easter bunny.

Churches in the cityburst forth with Easterlilies and candles. Thepriest leads the processionof the choir and the altarboys and girls.

They go down the mainaisle, and to the altar wherethe service begins with athe hymn, ‘Christ our Lordis risen today.’

Bakeries in the city cookup an array of Easter good-ies like chocolate bunnies,marzipan sweets, nougatfilled chocolates shapedlike eggs and hollow sugarEaster eggs filled with anassortment of goodies.

A trend that has devel-oped over the years, as withso many other Indian festi-vals is that it has taken on asecular feel.

‘‘My children insist ongoing to Wenger’s or Pat-a-Cake to buy Easter eggs. Weeven organise an Easter egghunt for their friends at ourfarm. It’s not so much aboutthe religious story of East-er but the joy it repre-sents,’’ says PujaAhluwalia, a mother oftwo.

CMYK

I N D I AThe Times of India, New Delhi Friday, April 18, 2003 11

Allahabad HC staysAmar Singh’s arrestLucknow: The AllahabadHigh Court on Thursdaystayed till May 16 the arrestof Samajwadi Party leaderAmar Singh in connectionwith the cases of alleged mis-use of discretionary fundsfiled against him and othersby the Mayawati govern-ment.

The court gave the orderon a petition filed for quash-ing the FIRs registeredagainst him, SP supremo Mu-layam Singh Yadav and otherparty leaders. The petitionalso sought a stay on the ar-rest of the persons named inthe FIRs.

A division Bench compris-ing Justice Vishnu Sahai andJustice Abdul Mateen, whilestaying the arrest of Singh,directed UP chief ministerMayawati, principal secre-tary (home) Pradeep Kumar,state government and thestate BSP president K KSachan to file their replieswithin four weeks and postedthe matter for further hear-ing on May 16.

Singh, in his petition,

pleaded that the FIRs were‘‘politically motivatedand were the result ofrivalry’’. He also apprehend-ed that the persons named inthe FIRs could be arrestedany time under pressurefrom Mayawati.

State’s principal secretary(home) Pradeep Kumar, SHOHazratganj and BSP statepresident K K Sachan havebeen made respondents inthe petition. As many as 136FIRs were registered againstMulayam Singh Yadav andothers pertaining to the mis-use of discretionary fundsduring Yadav’s stint as UPchief minister.Besides, one FIR was regis-tered at the Hazratganj policestation in Lucknow by BSPstate president K K Sachan inwhich Yadav, Amar Singhand leader of opposition inthe Vidhan Sabha AzamKhan and five others werecharged with forcibly enter-ing the BSP office andpreparing forged electronicdocuments (CDs) and doctor-ing them. PTI

I’m not settling scores: MayaTIMES NEWS NETWORK

New Delhi: Raising the pitchof the ongoing political bat-tle, Uttar Pradesh chief min-ister Mayawati on Thursdayaffirmed that action will betaken against SamajwadiParty (SP) chief MulayamSingh Yadav on two counts.

Rushing here a day afterthe SP-sponsored Kshatriyaconference, she said while anFIR had already been lodgedwith the police in Lucknowagainst Mulayam in the ‘doc-tored’ CD case, he had beenfound guilty of ‘misusing’the discretionary funds. Shedenied that she was settlingpolitical scores with Mu-layam.

Mayawati said that be-tween December 4, 1993, and

April 7, 1994, Mulayam as CMhad sanctioned money far inexcess of the Rs 35,000 upperlimit of the fund.

She said inquiries wouldcontinue against the benefi-ciaries who had used themoney not for the purposefor which it had been sanc-tioned. She claimed that sofar 147 such cases had beendetected.

Asked if she would referthe ‘doctored CD’ case to theCBI, she said her govern-ment was capable enough toproceed against the offend-ers. She, however, clarifiedthat there was no move to ar-rest Mulayam under thePota. ‘‘Whatever I do will beaccording to law,’’ she said.

She clarified that though

as UP governor Congressleader Motilal Vora had sanc-tioned Rs 18 crore, no casehad so far been registeredagainst him. However, an in-quiry into the allocationswas on, she said.

While coming down heavi-ly on Mulayam, Mayawati

targeted some of the BJPleaders as well. She men-tioned BJP general-secretaryRajnath Singh for deploringthe FIR against Mulayam.She claimed that such utter-ances had led to the erosionof the BJP’s mass base.

Mayawati regretted thatthe ‘‘CD forgery’’ episode hadnot been denounced by theBJP. She reiterated her earli-er position that she had beenat the receiving end of asmear campaign for being a‘‘Dalit ki beti .”

The tone and tenor ofMayawati’s remarks clearlyunderlined her mood for aconfrontation. She gave animpression that there was nobacking out from the precipi-tous course she had taken.

Strawberry fieldsto come up inUP’s mango belt

By Manjari MishraTIMES NEWS NETWORK

Lucknow: At least 300farmers from this tradi-tional mango belt, are allset to embark on a straw-berry cultivation spree.Facilitating the ‘‘Hi-malayan invasion’’ in thevery heart of the Awadh,is the UP Diversified Agri-culture Support Project(UPDASP), a governmentagency working in collabo-ration with the WorldHealth Organisation(WHO).

L a -b e l l i n gthis de-v e l o p -ment asan at-tempt at‘revival’,A s h o kAgrawal,city hor-ticultur-ist andthe resource person for theproject, says the cityboasts of a historical asso-ciation with strawberryfarming.

An entry made in theLucknow Gazette in 1918states: ‘‘The best strawber-ries in the world are pro-duced in Lucknow,’’ hesays, adding that he foundit hard to believe this tillhe saw the document him-self.

His experiment, whichbegan three years back hasyielded encouraging re-sults. His success hasprompted UPDASP to pro-mote strawberry cultiva-tion on a larger scaleamong the farmers.

So far, the agency has

successfully implementedthe project in Western UP— especially Saharanpur,Muzaffarnagar, Hathrasand Jhansi. ‘‘This is thefirst time we have shiftedto the eastern belt,’’ saidAlok Gupta, district coor-dinator, Lucknow.

Although there havebeen a few stray experi-ments with strawberrycultivation by farmers inthe region, Agrawal wasthe first to cultivate straw-berries on a commercially

v i a b l escale inBaraban-ki. Hewill nowbegin histrainingand con-t a c tc o u r s efor batch-es of fiftyfar merseach, thisfortnight.

Gupta is positive thatthe hot and dry climate ofthe city will not affect thecrop in any way.

‘‘Contrary to the generalimpression, it is a verysturdy plant and is knownto survive against allodds,’’ he said. HimachalPradesh is best suited tothe cultivation of straw-berries, but with technicalknowhow and a little cau-tion, farmers can also ex-pect a good crop, he adds.

The only trick lies in theregular watering of theplants.

High density polythenepipes with small holespunched in it to allow jetsof water to stream out, arebest suited to the purpose.

•Claims Mulayam violated norms

•Clarifies Pota will notbe invoked against the SP leader

•Says utterances likethe one made by Rajnathhad led to an erosion ofBJP’s mass base

CM’s stance

��OID��‰�‰��†����K���

TOID180403/CR1/11/K/1

��OID��‰�‰��†��������

TOID180403/CR1/11/Y/1

��OID��‰�‰��†����M���

TOID180403/CR1/11/M/1

��OID��‰�‰��†����C���

TOID180403/CR1/11/C/1

Ajit Ninan

CMYK

��OID��‰�‰��†����K���

TOID180403/CR1/12/K/1

��OID��‰�‰��†��������

TOID180403/CR1/12/Y/1

��OID��‰�‰��†����M���

TOID180403/CR1/12/M/1

��OID��‰�‰��†����C���

TOID180403/CR1/12/C/1

The Times of India, New Delhi12 Friday, April 18, 2003 GULF WAR II

American forcescatch Saddam’shalf-brother As Sayliya camp: US-led specialforces in Baghdad captured SaddamHussein’s half-brother Barzan, a for-mer head of Iraqi intelligence, onThursday, a US general said.

“Early this morning, coalition spe-cial operations forces, supported by USMarines, captured Barzan IbrahimHasan al-Tikriti,” US Army BrigadierGeneral Vincent Brooks told a newsconference at war headquarters inQatar.

“Barzan is...an adviser to the formerregime leader with extensive knowl-edge of the regime’s inner working.There were no friendly or enemy casu-alties. The capture demonstrates thecoalition’s commitment to relentlesslypursuing the scattered members of afractured regime.”

Barzan was number 52 and the five ofclubs in a US pack of cards of 55 most-wanted Iraqis distributed to the troops.His brother Watban was captured somedays ago.

His home west of Baghdad, whichwas also an operations centre for theintelligence service, was targeted bysix US “smart bombs” on April 11.

Brooks said Barzan, who ran Iraqiintelligence service from 1979 to 1983and was Iraq’s ambassador to the Unit-ed Nations in Geneva from 1988 to 1997,was captured alone in Baghdad after atip-off by Iraqis.

A US military official said lastweek’s strike on Barzan’s home nearthe city of Ramadi, 110 km west ofBaghdad, was probably aimed at doingfurther harm to the already batteredcommand and control system for Iraq’sfighting forces.

The fate of Saddam and his two sons,Uday and Qusay, remains a mystery. USofficials say they do not know if theyare dead or alive after two separateairstrikes aimed at killing Saddam.

The US military confirmed on Mon-day that it had captured WatbanIbrahim Hasan al-Tikriti, another ofSaddam’s three half brothers andnumber 51 on the US most-wanted list.He was also an adviser but apparentlyestranged from Saddam. The only oth-er person on the list known to be in cus-tody is Saddam’s top scientific adviserAmer Hammoudi al-Saadi — number55. He surrendered to US troops inBaghdad last weekend. Reuters

Blix calls for armsinspectors’ returnHamburg: The chief United Nationsarms inspector, Hans Blix, has calledfor experts to return to Iraq to checkwhether Baghdad had a programme todevelop weapons of mass destruction.

The work of “specialists recognisedby the international community” mustresume so that the authenticity of anydiscovery of these types of arms can-not be put in doubt, Blix has told DerSpiegel magazine in an interview.

Blix is to address the UN SecurityCouncil on April 22 about the possibili-ty of renewing the search for anyweapons of mass destruction in Iraq,according to UN sources.

The experts from the UN Monitor-ing, Verification and Inspection Com-mission (UNMOVIC) left oil-rich Iraqon March 18, two days before US andBritish troops invaded the country.

Blix told the Spanish daily El Pais onApril 9 that he believed finding bannedweapons in Iraq — the pretext for thewar — was not the main concern ofWashington and London. AFP

US generals put victory seal at Saddam’s palaceBaghdad: Gen. Tommy RFranks, commander of Ameri-ca’s war on Iraq, sealed his vic-tory today by convening a meet-ing of his top allied land, air,naval and special-operations of-ficers in what was once one ofSaddam Hussein’s proudestpalaces, now a symbol of hisvanished grip on the country.

The bevy of commanderswho gathered today at AbuGhraib palace — an extrava-gant amalgam of marble, tile,gold fittings and massive chan-deliers, all surrounded by anazure moat — discussed how tomaintain security and rebuildIraq. They’ve agreed to meetagain in General Franks’s head-quarters back in Qatar in sever-al days to complete plans.

As part of the arrangementsfor securing the country, theArmy will take responsibilityfor Baghdad and territory to thenorth, while the Marines de-ploy in the south, where theBritish control the most impor-tant city, Basra.

The two-hour session, whichconcluded with a video confer-ence with President Bush, wasthe first such gathering since

war erupted four weeks ago andwas laden with symbolism. Itmade clear that the Americansnow dominate Iraq.

But General Franks avoideddowntown Baghdad, landing atthe international airport andtraveling the short distance tothe palace under heavy security.

As much as American troopswere striving to re-establish or-der, Baghdad remained a shat-tered city still groping for nor-mal life, still in the thrall oflooters and arsonists and full ofwary and confused people withmuch hostility toward theAmericans. Ahmad Chalabi, awell-connected Iraqi exile wholast saw Baghdad in 1958, ar-rived late on Wednesday.

The putative interim govern-ment of Baghdad was claimedhours earlier by his representa-tive, Mohammed Zobeidi, whoswept through the Palestine Ho-tel — the headquarters of for-eign journalists and the Marinecivil administration. He was ac-companied by an entourage ofSunni and Shiite religious lead-ers, tribal sheiks and apparent-ly rehabilitated police com-manders.NYT News Service

AFP

US General Tommy Franks at a Press conference during a visit to a palace of Saddam Hussein near Baghdad on Wednesday.Gen Franks had landed in Baghdad for the first time.

US is in dangerof losing peace

By Chidanand RajghattaTIMES NEWS NETWORK

Washington: “Where in theworld is Carmen Sandiego?”has long been one of thefavourite children’s games inthe US.

For the Washington war-machine, Saddam Husseinhas taken CarmenSandiego’s place amid doubtsabout whether the Bush ad-ministration has achieved allits war objectives and ques-tions about whether the goalswere ever well-defined.

The Bush administrationhas now virtually rung downthe curtain on combat inIraq, but it has not found Sad-dam and his entire cabinetand senior leadership, orweapons of mass destruc-tion, or even any substantialterrorist link with the de-posed regime.

The result: there are al-ready rumblings of criticismand discontent about the ad-ministration’s doctrine frommainstream politicians whohad supported US troops dur-ing the war.

Former President BillClinton, who had held hiscounsel during the Americandrive to Baghdad, chose theday after the city’s fall to tella New York symposium that“our paradigm now seems tobe: Something terrible hap-pened to us on September 11,and that gives us the right tointerpret all future events ina way that everyone else inthe world must agree with us.And if they don’t, they can gostraight to hell.”

Clinton’s criticism, whichmight be a sign for the Demo-

cratic Party to find its voice,came amid disquieting re-ports about Washington lin-ing up Syria for the nextround of punishment.

US officials have tried toallay speculation on thisscore and announced onWednesday that Secretary ofState Colin Powell would goto Damascus shortly for talksaimed at persuading Syria tofall in line.

Bush administration offi-cials are now backing off onboth the importance of find-ing Saddam and weapons ofmass destruction.

In a new White House cy-berchat initiative launchedon Wednesday, White Housechief of staff Andrew Cardsaid Saddam might be dead, astatement that was later clar-ified by officials as his per-sonal conjecture.

Elsewhere, Washington’stop ranking General RichardMyers argued that it wouldtake a lot more time to findWMD because there weremore than 3,000 sites, and inany case, getting Baghdadback on track was a higherpriority right now than hunt-ing for WMD.

There is a great deal ofsuspicion about Americanmotives amid dark specula-tion about how and why theAmericans “allowed” Sad-dam and almost his entiredispensation to escape, andhow and why they let Iraq’snational ministries, assets,treasures and history be de-stroyed while only guardingthe oil ministry.

It’s Kurds’ turn to oust Arabs from homeKirkuk: Years after they were dis-possessed under Saddam Hussein,Kurds are taking what they say isrightfully theirs, evicting IraqiArabs and seizing their homes innorthern Iraq.

‘‘We’re homeless,’’ complainedSaid Wader Muhammad, whosefamily was ordered out of theirfour-room house by a group ofKurds in this largely Kurdish city.‘‘For years, we’ve worked hardfrom morning until night, and get-ting kicked out of our home is thefruit of our labor.’’

The new Kurdish occupants

took over the house in the days ofconfusion immediately after theApril 10 collapse of Baghdad’s au-thority in Kirkuk. They claim theland was theirs before Saddamevicted them in the 1980s.

‘‘It was our land,’’ said ChadorRushed Rah, a trader who plans tomove his wife and seven childrento the house.

‘‘Years ago, three of my broth-ers were killed by Saddam’s gov-ernment. They took all of ourproperty and forcibly moved usaway.’’

Of all the legacies of Saddam’s

years of rule, none might be quiteso difficult and explosive as his re-moval of ethnic minorities fromoil-rich areas.

Years ago, Saddam intensified along-standing Baghdad policy ofArabization by evicting thousandsof Kurds living in the northerncities of Kirkuk and Mosul andhanding their property over toArabs from other parts of Iraq.

An estimated 400,000 Kurdswere displaced from Kirkuk.Many ended up in refugee campsand dedicated their lives to re-trieving their lost property.

Longtime residents of Kirkuksay the neighborhood called Qada-sia was once an agricultural dis-trict owned by Kurdish landlords.But the area’s Arab residents,mostly civil servants who took ad-vantage of cash incentives Sad-dam offered them to move here inthe 1980s, say they had no idea theland had ever been owned by any-one.

‘‘No Kurdish people were dis-placed from this neighborhood,’’said Syed Aqel Musawi, a Qadasianeighborhood leader. ‘‘This was ano-man’s land.’’NYT News Service

Chalabi aide takescharge of BaghdadBaghdad: Mohammed Mohsen Zubaidi, amember of the party led by pro-AmericanIraqi politician Ahmad Chalabi, said onThursday he had been chosen to head an in-terim council to run the capital, Baghdad.

Zubaidi, 50, said he had been electedvizier, or chief, of a Baghdad executive coun-cil by people representing clerics, academ-ics, Muslim Shi’ites and Sunnis, Christians,writers and journalists.

He gave few details of his plans but said hewas in close contact with the US military,which toppled Saddam Hussein last week ina less than four-week war. ‘‘We are in direneed of the US government in order to re-store peace and order in Baghdad and helpthe people of Iraq,’’ Zubaidi said. ‘‘We thinkthe United States of America respects theright of people to rule themselves’’.

Speaking through an interpreter to re-porters in the Iraqi capital, he did not ex-plain how or when the elections took placeand who had organised them. Most Iraqis in-terviewed by Reuters said they knew noth-ing about the elections.

US officials could not be reached for com-ment. Zuibaidi said his council, in coopera-tion with the US military, was working toswitch power back on, resume supplies offuel and cooking gas, and set up a Baghdadradio station.Reuters

Clerics rise to power Najaf: In this holiest of Shi-ite cities, clerics are runninga self-declared government.It’s the same in nearby Kar-bala, another sacred Shiitecity.

Shiite clerics have in thepast week moved swiftly tofill the power void created bySaddam Hussein’s ouster -appointing governors, impos-ing curfews, offering protec-tion, jobs, healthcare and giv-ing financial assistance tothe needy.

In some respects, they havereplaced Saddam as Iraq’snew leadership. They dis-trust the Americans who ridthem of Saddam’s tyrannyand have little faith in the op-position leaders now return-ing to Iraq from years in ex-ile. They also questionwhether Western democraticvalues are suited for theircountry.

Shiites make up 60 percentof Iraq’s 24 million people,but have traditionally beenpushed to the political side-lines by members of Sunnisect, of which Saddam is a

member. They have longcomplained of religious per-secution under Saddam anderupted in jubilation at hisdownfall, practicing their rit-uals in public for the firsttime in years.

Scores of Shiite pilgrimscan now be seen walking onhighways and country roadsto Najaf and Karbala, carry-ing the black flags thatmourn the 7th century ‘‘mar-tyrdom’’ of Al-Hussein, oneof the sect’s most reveredsaints. Al-Hussein’s shrine isin Karbala, while his father,Imam Ali, son-in-law of Is-lam’s Prophet Muhammad, isburied in Najaf.

Such instant Shiite em-powerment could reverber-ate in an Iraq whose socialand political fabric is fragilein the aftermath of war andthe removal of a presidentwhose iron-fist policies heldthe country together. It alsocould provoke a Sunni back-lash or spark inter-Shiite vio-lence when the sect’s factionsare vying for position in anew order.

In today’s Iraq, the powerof the ‘‘al-Hawza al-Ilmiya’’ -an Arabic phrase that rough-ly means the supreme seat ofShiite learning - is secondonly to that of US forces. It issomething of a magic phrasethat has become associatedwith authority or govern-ment.

Sheik Abbas al-Rabia’i, a42-year-old Shiite cleric whohas just come out of fouryears in hiding from Sad-dam’s fearsome security ap-paratus, is a hard-line clericwith blind loyalty to the al-Hawza al-Ilmiya.

Squatting on the floor of atiny house on a back alley inNajaf, he said the al-Hawzawould be prepared to surren-der power to a governmentthe people approve of, buthastened to add: ‘‘It must be agovernment that has beenfreely elected and is not un-der any foreign influence’’.

‘‘We don’t say anything ordo anything without the ap-proval of the al-Hawza. Weare only foot soldiers,’’ saidal-Rabia’i. NYT News Service

For more go to www.timesofindia.com

CMYK

��OID��‰�‰��†����K���

TOID180403/CR1/13/K/1

��OID��‰�‰��†��������

TOID180403/CR1/13/Y/1

��OID��‰�‰��†����M���

TOID180403/CR1/13/M/1

��OID��‰�‰��†����C���

TOID180403/CR1/13/C/1

DUBYAMAILEarlier, this strip was quite humorousand pleasantly refreshing. However,now the strip has become quite bland.Perhaps, you should revamp and rein-vent this strip to feature items morepertinent to Indian masses.— Rohit Vardhan, Hong KongThis strip is excellent. I believe thosewho are against it either have no senseof humour or do not understand it orboth.— Samir Prasad

e-mail: [email protected]

Britain ringsalarm bells as killer flureaches India

By Rashmee Z AhmedTIMES NEWS NETWORK

London: Within hours ofconfirmation of India’s firstSARS victim, a wary Britainbegan to track the case inwhat it described with dis-may as the “holiday resort ofGoa” and “the world’s sec-ond-most populous country”.

Observers said India’s en-try on the list of 23 countriesreporting SARS cases soundsalarm bells for epidemiolo-gists and public health ex-perts. The experts expressedconcern about the implica-tions for “Third World healthenvironments with limitedresources to deal with theSARS virus”.

Indian officials here saidthere appeared to be littlepanic so far and it was the“wrong season” for theBritish tourist to visit Goaanyway. Reassuringly, till lateon Thursday, British publichealth officials told this pa-per they were content to ad-vise against travel only toChina’s Guangdong provinceand Hong Kong.

The travel industry admit-ted it too was watching close-ly India’s only SARS case,damagingly reported fromthe palm-fringed beach para-dise so beloved of genera-tions of British backpackers.

In an indication of thenew, so-called “SARSapartheid”, some of Britain’sleading public schools arenow telling thousands oftheir Chinese pupils to stayaway from class if they havebeen visiting friends andfamily in China over theEaster holiday period.

Children from other high-risk areas such as Hong Kongand Singapore would bebarred from returning toschool rightaway, aristocrat-ic Eton has told parents.

UK’s shock and awe in Northern IrelandBy Rashmee Z AhmedTIMES NEWS NETWORK

London: In one of the most damaginginquiries into Britain’s 35-year han-dling of its mutinous Northern Irelandprovince, the UK’s senior-most police of-ficer has used shock and awe tacticsagainst his own army and police by say-ing they actively and deliberatelyhelped to murder Catholics opposed toBritish rule.

The report, published on Thursday,less than 10 days after the fall of Bagh-dad, poses uncomfortable questions forBritain’s military and security estab-lishment, which is supposed to be teach-

ing “liberated” Iraq the values ofdemocracy, freedom, human rights andfairplay.

Instead, the report offers “documen-tary evidence” of Britain’s long-term,dirty war against the Irish RepublicanArmy (IRA), which has long opposed“British rule” over the province.

Northern Ireland’s Catholics, most ofwhom oppose British rule, have long ac-cused the British Army and police ofbeing biased, communal and unfair.

The report by Metropolitan PoliceCommissioner John Stevens concludesa 14-year, 10-million-pound criminal in-quiry described as the UK’s largest andpossibly its most embarrassing.

The report says British military in-telligence and police conspired for near-ly two decades with loyalist paramili-taries to liquidate prominent membersof the Catholic community, including aBelfast solicitor Patrick Finucane.

Finucane, said the report, was not anIRA leader, as suspected by the BritishArmy. But the lawyer had defendedhigh-profile IRA members such ashunger-striker Bobby Sands, who diedfor the cause of a united Ireland. Finu-cane was murdered brutally and in coldblood while eating Sunday dinner withhis wife and children.

A grim SARS saga in ChinaBeijing: The scene atYou’an Hospital’s two-storyinfectious disease ward ap-pears to confirm revela-tions by the WHO that Chi-na is systematically cover-ing-up the extent of theSARS crisis.

The WHO said onWednesday that Beijingmay have five times the offi-cial number of cases after aWHO team visited hospitalsrun by the military “whichseems to have its own sys-tem of reporting”, saidteam member WolfgangPreiser. China reported onemore death Thursday tak-ing the toll to 66.

Patients in the ward arepacked as many as three toeach small room. Countingthe number of bodies lyingon beds in the ward comesup with a figure of 43, al-though it was not clear ifthey all had full blownSARS or just showed symp-toms. This however was justthe first floor and only therooms with opened win-dows.

“Beijing has so many peo-ple. They keep reportingsmall numbers, but in reali-

ty it’s not that small. Thereare many patients. Everyday there are new patientsarriving here,” said QinHong, 47, who was recover-ing in hospital.

“Just in my family alone,eight members have been

hospitalised all because ofthis disease. They should re-port as many cases as theyhave. Why be afraid? Theyshould be trying to treat ill-nesses here, not hide facts.”

Stories from just two ran-domly selected patients give

a sense the impact this mys-terious form of pneumoniahas had on this city of 12million people is muchworse than the governmentclaims.

A woman said nine fami-ly members including her-self came down with SARSafter caring for her youngerbrother. “We saw him onMarch 27 and 28,” saidWang Chunling. “By March31 I came down with a feverand since then my mom, myeldest sister, my second eld-est sister, my younger sister,my brother’s wife and hertwo brothers have all beenhospitalised with fevers.”

She and her family werefortunate: all were recover-ing. Qin tells a sadder story.“My mother was dying atthe People’s Armed PoliceMain Hospital. She was 84.Many of my siblings and Iwent to visit her during thethree months she stayedthere. She died on April 1.By April 4, several of us hadcome down with fevers.”

“Eleven of us visited herand eight of us got SARS.My sister passed away onSaturday,” Qin said. AFP

Reuters

A bust of famous French chemist Louis Pasteur dons a surgical mask at the entrance of the Vietnam-France Hospital in Hanoi on Thursday.

I N T E R N AT I O N A LThe Times of India, New Delhi Friday, April 18, 2003 13

Fireflies shed new light on cancer treatmentLondon: A new British studypublished in the April 15 is-sue of Cancer Research hasmade a rather unusual dis-covery — that fireflies canhelp shed some light on can-cer treatment.

Researchers from Univer-sity College London and Lud-

wig Institute for Cancer Re-search took that particulargene from the insect that letsit create bioluminescentlight, and inserted it intomodified cancer cells.

Called “luciferin,” the fire-fly light source made the can-cer cells glow. When a photo-

sensitizing agent was addedto the cancer cells, they pro-duced toxic substances thatkilled them.

“The cells producedenough light to trigger theirown death,” Dr TheodossisTheodossiou, one of the re-searchers, was quoted as say-

ing by HealthScout.This use of the firefly gene

may offer another way to per-form photodynamic therapy— a treatment that usesbursts of light to attack can-cer near the skin’s surface oron the lining of internal or-gans. ANI

For more go to www.timesofindia.com

Brando settles lawsuit:Oscar-winning actor Marlon

Brando anda former girl-friend havesettled twolawsuits shefiled againsthim over pal-imony andchild support

issues, her lawyer said onWednesday. Donald Wold-man, an attorney for MariaCristina Ruiz, said terms ofthe settlement were confiden-tial but resolved both a pater-nity action that dealt with is-sues of custody and supportand a second lawsuit seekingpalimony. Ruiz claimed in thelawsuit that Brando fatheredthree children with her duringa romantic relationship thatlasted 14 years. Reuters

Louis Vuitton signs J.Lo:Saying it wanted “a sophisti-cated, influential and sexywoman,” luxury goods makerLVMH Moet Hennessy LouisVuitton has signed JenniferLopez for its fall-winter adver-tising campaign for starbrand Louis Vuitton. The adswill appear in magazines andon billboards from August,leather goods and fashionoperation Vuitton saidWednesday. Vuitton said de-signer Marc Jacobs wanted a“contemporary icon” to rep-resent the company andsought “a sophisticated, in-fluential and sexy woman.” AP

Lisa Marie debuts at No.5: Some 25years after the death of her legendary father,Lisa Marie Presley has claimed her own placein the US pop charts with a number fiveopening for her debut album, To Whom ItMay Concern. The album, an introspectivecollection of songs whose lyrics were writtenmostly by the 35-year-old performer, sold142,000 copies its first week. Billboard maga-zine said her first album “stands on its ownand is far better than many might expect.”Similarly, Los Angeles Times critic RobertHilburn wrote, “Presley wants to pass thecredibility test, and she does.” Reuters

Baby Spice turns fashion presenter:Emma Bunton, a former member of SpiceGirls, is in talks to present a new fashion pro-gramme for Channel 4. The former BabySpice plans to present the programme withBritish designer Scott Henshall, reports Peo-pleNews. In order to kick-start her flaggingsolo career, Bunton also has a single to pro-mote and a record deal to score. ANI

Julia’s mean streak: Oscar-winning ac-tress Julia Roberts can get quite mean at

times. According to Jeff Gar-lin, her co-star in the upcom-ing movie Full Frontal,Roberts is short-temperedand doesn’t treat her cam-eraman husband, DannyModer, properly. “She wouldsit there and yell, ‘Where’smy man? Where’s my man?’

about her husband. Who talks that way?” hetold British magazine Closer. Garlin himselfbore the brunt of her ire when she took a dis-like to him on the sets. ANI

Jolie’s aid for Lankan kids: Hollywoodactress Angelina Jolie has offered $10,000 toa children’s hospital in Sri Lanka and pleadedfor international support to boost the island’sfragile peace bid. Jolie, who visited the is-land’s embattled northern regions, said shewas touched by the commitment of war vic-tims to rebuild their lives. AFP

Pop star Britney Spears will drop her bid for a restrainingorder against the Japanese man she claimed had stalkedher after lawyers for the two sides reached an agreement.

AROUND THE WORLDNYT

CMYK

A THOUGHT FOR TODAY

The dramatic rise in the prison population has createda nation of prisoners within American society.

— Washington Post

Rights & WrongsFollow democracy American style, and earn bouquets.Or deviate from the path and get brickbats. This justabout describes the annual report of the United Statesstate department on human rights and democracyaround the world. Last year, the honour of being namedthe worst violator of human rights went to Afghanistan.This year that ‘trophy’ has gone to — and no prizes forguessing this — Iraq. The 2003 report accuses Iraq ofexecuting its people on the simplest of charges, inclu-ding for participation in economic crimes, oppositionpolitics and any activity considered traitorous to theSaddam Hussein regime. By contrast, the report talks of“dramatic improvements” in human rights and demo-cracy in Afghanistan following the installation of aUS-friendly government there. The verdict is similar forthe five Central Asian countries that have become alliesin the US-led war on terror. Post their association withthe US, they have recorded “small signs of progress”,the report says, though, Lorne Craner, US assistantsecretary of state for democracy and human rights,lamented that these countries were slow to change forremaining too long under Soviet influence. Predictably,then, the report has some unflattering things to sayabout the human rights scene in Russia and China.

Indeed, Colin Powell, who presented the report,cleared whatever lingering doubts there were about itsfindings: States that violated the rights of their citizensposed the greatest threat to world peace, while statesthat demonstrated high respect for human rightscontributed the most to world peace and stability. Thissimple assumption obviously explains why the statedepartment entirely missed out on reporting thehuman rights situation within the US. Had the reportprobed the US, it would have come to some startlingconclusions, including that the US rate of incarcerationis the highest in the world. Ironic, yet true. According toUS justice department statistics, more than two millionpeople currently languish in American prisons, asignificant 11.8 per cent of this being Black malesbetween ages 20 and 34. These figures tell a tale that hasfor long remained hidden from popular view. A tale thatmocks at the notion of America as the land of the free.In the 18 months since 9/11, the government that onceproudly believed in “governing the least” has comedown severely on domestic dissent, not to mentiongoing against the will of the United Nations to attackthe sovereign rights of another country. In the lightof this, Mr Powell will perhaps think of revising theequation between human rights and world peace.

Sharon’s Strategy“One has to view things realistically. Eventually therewill be a Palestinian state. I do not think that we have torule over another people and run their lives.” These arethe last words you’d expect from Israel’s hardline primeminister Ariel Sharon. At a time when Israel’s mentorAmerica is flush with victory over Iraq and is trainingits guns on Syria, you’d have thought Mr Sharonwould be somewhat less restrained. Yet, Mr Sharon hasactually spoken of making concessions on settlementsand has invited the Palestinian Authority’s primeminister Abu Mazen (Mahmood Abbas) for talks. Whatexplains this change of heart in a man viscerallyopposed to any accommodation with the Palestinians?Cynics would say that it is because he is underincreasing pressure from the Bush administration toadhere to a road map for peace so that Washington hasone less impediment in its task of ‘cleaning up’ thefractious region. In recent times, Tony Blair has beenvocal, much to Mr Sharon’s wrath, on the subject ofa negotiated settlement with the Palestinians. Withwidespread, though muted, discontent across the Arabworld at the manner in which Washington has subduedIraq, devastated the world’s oldest civilisation andannounced its expansionist designs for the region,Israel could well be a soft target for terrorism.

Mr Sharon probably figures that conciliatory movesat this juncture could well deflect anger against Israeland lessen possibilities of suicide attacks. But perhapsthe most significant factor for Israel’s new stance is thechange in composition of the Palestinian Authority. TheAuthority is bitterly divided with Abu Mazen locked ina power struggle with seasoned warhorse and chairmanYasser Arafat. For the moment, Abu Mazen is on topand has appointed a number of key aides to crucialpositions in the government despite Mr Arafat’s oppo-sition. Abu Mazen is popular within the Palestinianterritories and the Israelis are far better disposedtowards him than towards Mr Arafat. The Palestiniancause has long been espoused by the region’s regimes asa justification for hostility against Israel. SaddamHussein never passed up an opportunity to equate hisstruggle against western imperialism with the struggleof the Palestinian people against Zionism. It makes emi-nent sense for Israel to come to some accommodationwith the Palestinians since it has to co-exist with theArab regimes long after Washington has left the region.But whatever Mr Sharon’s motives, any move whichcan defuse tensions and lessen the terrible human tollmust be welcomed and built upon.

The Monica Show“Don’t talk with your mouth full”, is the advice genera-tions of children get. Sometimes, they grow out of thatawkward internship stage and graduate into TV-showhostesses. Which is what Monica Lewinsky is reported-ly doing. Newsweek says that the White House internwho almost brought down the 42nd president of theUSA with the testimony of her relationship with himhas now decided to host a TV dating-game show called‘Mr Personality’. The executive producer of this new re-ality TV show feels that Ms Lewinsky is a natural on thescreen and that “she’s got it”. Explaining her rationalefor hosting the show, Ms Lewinsky has been quoted assaying that she treasures her privacy and “is trying torecognise that I am a public person and draw the bound-aries of what I am allowed to keep private.” It all soundsvery much like an actress talking about what she mayor may not do before the camera. Take the Lewinskyresponse to why she is becoming a public person again:“It’s such an awkward thing to discuss. It really is. I feellike it is better to try and possibly fail at something thanto not try at all. I’ve realised that my life is public. Iwalk down the street and people recognise me. Thathappened before I decided to do this show and it willhappen after.” The million-dollar question, literally, is ifwhether Ms Lewinsky will now come out with a blow-by-blow account of her life before, after and during theWhite House internship period. Perhaps poet Keats mayhave come closer to anticipating Ms Lewinsky’s route torenown when he wrote, “Fame, like a wayward girl, willstill be coy/ to those who woo her with too slavishknees”. But, then, didn’t the celebrated interviewerDavid Frost say way back in 1971 that “TV is aninvention that permits you to be entertained in yourliving room by people you wouldn’t have in your home.”

Director of interdisciplinary research colla-boration in nanotechnology at the Universityof Cambridge, Mark E Welland is a fellowof the Royal Society and Royal Academy ofEngineering. In India to deliver lectures atthe IITs in Mumbai and Delhi, he spoke toAbhishek G Bhaya about the promiseand possibilities of nanotechnology:

How do you define nanotechnology?Nanotechnology is the engineering of

atoms and molecules, which are the buildingblocks of matter. That’s the simplest defini-tion. It involves the manipulation andmanufacture of objects on an atomic scale.Nanotechnology has emerged as part ofthe natural evolution of technology. Itaims at making things smaller, faster andcheaper. Nanotechnology is perhaps theultimate in engineering as it seeks to makematerials or structures with atomic andmolecular precision.What is the genesis of nanotechnology?

Everything in this universe — from giantstars to our bodies — works on a molecularscale. Our hearts and lungs are big objectsbut all the processes that make them workperform at the molecular level. Therefore,everything in our body and in the physicaluniverse is already nanotechnology, if youlike. However, as a tool in hands of thescientific communi-ty, nanotechnologyis quite young. It hasbeen around sincethe late 1970s, whenthe scientists foundnew ways of makingthe computer chipsmaller and moreefficient.

Enormous advan-ces have since beenmade — the toolsneeded to make andmeasure infinitesimally small objects havebecome commonplace. The understandingand evolution of nanotechnology may helpus comprehend the processes of nature andeverything around us in great detail. It givesus an insight into the way we interact withour environment and, more fundamentally,even into what we really are.What are the major areas of application ofnanotechnology?

The computer industry has been thedriving force for the advancement of nano-technology and it will remain one of themajor areas of application. However, thetechnology itself unifies a number ofdisciplines. That means that while there maynever be a nanotechnology industry per se,various industries will make use of it.

Medical science is going to benefitimmensely from the use of nanotechnology,particularly in the key area of diagnostics.For example, there might only be a fewmolecules in a drop of blood that indicate thepresence of a particular disease. Nanotech-nology can equip you with sensitive andclever ways of isolating those molecules.

As the use of nanotechnology expands,we will witness some extraordinary develop-

ments: Computers will shrink, medicaldiagnosis and treatment will become almostinstantaneous and non-invasive, and energywastage will be dramatically reduced.What is the current focus of your research?

We have a whole range of projects, fromfundamental to applied science. To under-stand nature’s processes, we are studying theproperties of matter at a nanoscale — howdoes a material behave when the size of theunit is just a few molecules. An importantaspect of our work is to look at the future ofcomputers — will it be organic or molecule-based, will it be optical rather than elec-tronic, will it be magnetic or something else?Another major focus is to look at the originsof some diseases — how they start andprogress. We are also attempting to create amaterial that can stick like a lizard’s foot onthe wall. Other projects include creating newtypes of solar cells and fire sensors.Which industries are going to benefit mostfrom the use of nanotechnology?

While the computer industry and the me-dical sciences are the leading beneficiaries,many other industries will eventually gainfrom it. Just for the record, the third highestnumber of patents in nanotechnology isheld by L’Oreal — the global cosmetic giant.Nanoparticulates (very small particles) haveimmense utility in the cosmetic industry.

Perhaps, the biggestcommercial applica-tion will be in creat-ing new materials.Many nanomateri-als are already beingproduced in smallvolumes and used invarious products.The nanomaterialthat currently hasthe maximum com-mercial productionis carbon-nanotubes,

which is being used to manufacture compu-ter monitors, hydrogen-fuelled car batteriesand many other commercial products.

A European company is producing carbumpers using carbon-nanochips. Newvariants of solar cells are being developedusing nanotechnology, which would becheaper than the conventional cells.Does India have a role to play in the advance-ment of nanotechnology?

One of the things that stops even deve-loped countries like the UK and Francefrom setting up computer chip manufac-turing plants is that they are unbelievablyexpensive to establish. However, nanotech-nology is increasingly throwing up entirelynew ways of making computer chips ata tiny fraction of the existing costs. Andif that carries through to the commercialsector, it means that anyone can manu-facture computer chips and other electronicdevices at any place.

In that sense, a country like India couldplay an equal role, because the future oftechnology will be less capital intensive.There’s an enormous potential to generatenew wealth using nanotechnology andanyone can exploit it.

Size Won’t Matter

Nanotechnology hasemerged as part of thenatural evolution oftechnology. It aims atmaking things fasterand cheaper... As itsuse expands, computerswill shrink, medicaldiagnosis will becomeinstantaneous.

Q&A

Dumb CharadeBefore the war, the story was that Iraq wasconcealing evidence about its WMD and soit was necessary to search various sites andoffices in the country. The second storyemerged after the fall of Iraq, when peoplestarted searching government offices forthings they could take. Anglo-Americanforces turned a blind eye to all this andthereby even encouraged it. What happenedto the search for WMD? Inadvertentlyperhaps, the Anglo-American powers haveadmitted by their indifference that thefuss about searching for evidence ofWMD was a charade.— Anil Nauriya, New Delhi

UN Under FireThe UN, which came into being in 1945 tosave future generations from war, is

currently under fire. It has been said thatsince the war in Iraq was started without anod from the UN, the body has ceased to berelevant. The UN has set a great precedentby not succumbing to pressure to ratify thewar. It did try all the diplomatic measures itcould. The real test for the UN starts now,in the influence it can use to guide andsupervise the ‘rebuilding’ of Iraq.— Naveesh Goyal, via e-mail

Restore PensionThe Fifth Central Pay Commission hadrecommended restoration of the commutedportion of pension after 12 years fromthe actual date of commutation, instead ofthe existing 15 years. This was not acceptedby the Central government. Drasticreduction in interest rates on deposits hashit pensioners hard. Also, with the raisingof the retirement age from 58 years to60 years, the commuted portion will nowbe restored only when pensioners are75 years of age. Taking into accountmortality and longevity factors, thegovernment must accept the commission’srecommendation immediately.— J R Lal, via e-mail

CONVERSATIONS WITH READERS

Letters to this column should be addressed to Letters c/o Edit pageEditor, The Times of India, 7, Bahadur Shah Zafar Marg, NewDelhi-110002. email:[email protected]

Museum LootThe oil ministry in Baghdad could notbe plundered by looters because therewere adequate US troops to protect it.However, there was not a single marineto protect the museum that housed7,000-year-old antiques. What is moreprecious, museum antiques or oil? Thiswar will certainly go down in historyas OSO — Operation Snatch Oil.

Zoher Bharmal, via e-mail

From timesofindia.com

No 92 Vol. 54. Air charge: Ahmedabad, Bangalore, Hyderabad, Mumbai ,Cochin, Chennai & viaRs.3, Indore and via 50 paise. National edition: No aircharge.Price in Nepal: NEP Rs 5, except Sunday: NEP Rs 7. RNI No. 508/57 MADE IN NEW DELHI REGD. NO. DL-25002/92. Published forthe proprietors, Bennett Coleman & Co. Ltd., by Balraj Arora at Times House, 7, Bahadur Shah Zafar Marg, New Delhi-110 002 and printed by him at 13, Site IV Industrial Area,Sahibabad (UP),MNS Printers Pvt. Ltd., Industrial Area, Phase II, Panchkula, Haryana - 134109 and VasundharaPrinters Ltd., Tiwari Ganj, Faizabad Road, Chinhat, Lucknow. Regd. Office: Dr Dadabhai NaorojiRoad, Mumbai - 400 001. Editor (Delhi Market): Bachi Karkaria-responsible for selection of newsunder PRB Act. Executive Editor: Shekhar Bhatia. © All rights reserved. Reproduction in whole orin part without written permission of the publisher is prohibited. Postal Registration No.: TN/ChiefPMG/399/2002

Right Remedy

O Lord, the Sustainerof the Universe,

Keep us awayfrom disease...

Rig Veda✥

Coughs and sneezesspread diseases.

1942 wartime sloganin the UK

Physicians of theutmost fame,

Were called at once;but when they came

They answered,as they took fees,‘There is no Curefor this Disease’.

Hilaire Belloc✥

Any important diseasewhose causality is

murky, and for whichtreatment is ineffective,

tends to be awashin significance.Susan Sontag

Men worry over thegreat number of

diseases; doctors worryover the small number

of remedies.Pien Ch’iao

Physicians, when thecause of disease is dis-covered, consider thatthe cure is discovered.

Cicero✥

Extreme remedies aremost appropriate for

extreme diseases.Hippocrates

Then comes thequestion, how do drugs,

hygiene and animalmagnetism heal? It may

be affirmed that theydo not heal, but only

relieve sufferingtemporarily, exchangingone disease for another.

Mary Baker Eddy✥

When meditating over adisease, I never think offinding a remedy for it,but, instead, a means

of preventing it.Louis Pasteur

Ud

aysh

anka

r

The Times of India, New Delhi14 Friday, April 18, 2003

Stitch in TimeBy Vivek Hande

Today, we live in an ‘instant’world. Instant coffee, ins-tant relief from pains andpimples, instant fairness ofskin and instant karma andnirvana. I was lookingfor an instant overhaul ofmy fraying wardrobe andwalked into a series ofshowrooms looking forreadymade trousers. Afterendless rounds of brandedshowrooms — Latest mate-rial from Italy; Anti-crease,anti-wrinkle, anti-stain;Buy two get half free; Buyhalf and get three-fourthof a shirt free — I wasbeginning to despair.Things were not workingout. Either my body wasof unique contours orthe companies had jointlydecided to keep me out oftheir marketing strategy. Idecided to seek out a tailorwho would drape me as permy proportions.

A pedigreed men’s tailor-ing shop very close to myplace was recommendedand accordingly I ambledacross. The master wasa distinguished looking

arthritic Parsi gentleman,hard of hearing with mini-mal vision and a touch ofParkinson’s. His tremblingfingers and quivering voicedid not inspire much confi-dence. There were sepia-toned photographs of theyoung master with a youngRaj Kapoor and a youngerDev Anand — presumablyhis customers in betterdays. The whole place car-ried a stale odour, stench ofbetter times gone by. Therewere deep and comfortablesofas with the upholsterydesperately clinging to thewoodwork. The neon signoutside had every alternateletter missing, the carpet-ing was threadbare and themost recent magazine inthe waiting area was ofthe 1970s. I was on the vergeof turning back to thenearest showroom, whenthe master called out tome with a measuring tapeslung around his neck.

He was a changed manwith the tools of his tradein his hand. Professional,practiced hands expertlytook measurements and his

movements were deft andprecise. The quiver and thetremble had gone, and hewas confidence personified.He gave me suggestions oncurrent fashion trends andin an unhurried mannerwent on to tell me about therecession in the tailoringbusiness thanks to thereadymade clothing busi-ness. There were no othercustomers and we had aleisurely cup of tea. Thewizened old master regaledme with anecdotes fromthe past. We parted withthe promise of delivery ofthe trousers a week later.I was already looking for-ward to my next visit. Thetrousers were a perfectfit and we had anotherstimulating conversationover a steaming cup of tea.

I do not know about ins-tant clothing but the masterfrom another era hadstruck an instant friend-ship with someone abouthalf a century youngerthan him and won a cru-sader for the art of tailor-ing. No instant wardrobesfor me, that is for sure.

Good Friday is observed as aspecial day in the Christiancalendar: It is the day whenJesus Christ, the Son of God,was crucified; this was theday his spirit left hisbody. The sacrifice was notcommitted in vain — Christrose to immortality onEaster Sunday, in a Resurrec-tion that is rememberedevery year, more than twomillennia after the event,as the ultimate sacrifice ofobedience to the Divine.

The earliest and finestexample in the Bible of thesacrifice of obedience isAbraham. The Divine Beinginvests Abraham with thepotential to secure forhumankind a favourabledestiny — provided peoplesubmit to Divine will. Abra-ham the individual is atonce transformed into hu-mankind’s representative; hefulfils the role without anycompromise. Yet Abrahamis put to the test,a test that entailsthe sacrifice ofwhat is dearest tohim — his ownson. The intendedhuman sacrificeis, however, leftunfulfilled as itis only a test,a shadow of theultimate Divinetest experiencedthrough JesusChrist. Sacrifice of a mortalcould not bring about thefulfilment of the Divine pro-mise; only the Divine himselfcould. A lamb was substitut-ed for Abraham’s son. This isalso not without its meaning,since Christ is also known asthe Lamb of the Divine.

Jesus Christ showed thatthe offering of obedience aslove for God is an expressionof love for all human beings.Through his teaching andacts of healing and compas-sion, Jesus sets the examplefor others to do likewise.Jesus shields the peoplefrom the exploitations ofthe priestly class. He bringshope to the oppressed bydeclaring that the meek shallinherit the earth.

In human form, Jesus too,has to rise above the layers ofdemonic qualities he has ac-cumulated over time as a hu-man being and find his wayback to the Divine source.By anointing Jesus as the

Messiah to complete the sac-rifice of obedience begun inAbraham, the Divine is con-tinually giving humankind achance to return to Him andto live for ever. The messageof Good Friday is that weshould, continually, offer thesacrifice of obedience justas Jesus accepted the Cross— the Divine Sacrifice.

Observing Good Fridayhelps us remember theSupreme Sacrifice of JesusChrist. What really is ‘sacri-fice’? Worldwide, differentcultures recognise differentforms of sacrifice. It isalso recognised that materialsacrifice is not the superiorform. Scholars have sum-marised that in the spiritualsense, sacrifice is “an effortto constantly reflect on Godand it is also an effort toget closer to Him. In the tran-scendental sense it is to feedthe divine powers which runthe universe. In its physical

sense it is sharingone’s income andfood with all thosewho contributetowards society’swelfare.’’

Often, sacrificeis misunderstoodto mean what onegives up in orderto achieve narrowand even materialgain. In the Bibli-cal sense, the con-

tinual sacrifice that the Di-vine requires of the humanis the sacrifice of obedience.There are, however, passagesin the Bible that pointto ritual sacrifices beingoffered to the Divine whichmay signify acceptance butare more often than not re-jected, affirming the fact thatmaterial sacrifice is not thesuperior form; the undilutedsacrifice that is required andacceptable is the sacrificethat is made in obedience.

According to the Bible, theDivine Being created humanbeings so that they couldtill the land and enjoy itsproduce. “Be fruitful andmultiply”, is how the DivineBeing addressed humankind,setting the latter upon earthin order to maintain thecontinuity of the createdorder. The expression, tobe fruitful and to multiply,denotes positive action; notdestruction or annihilation.

Christ’s SacrificeOf Obedience

By N K Biswas

http://spirituality.indiatimes.com

THESPEAKING

TREE

By Jug Suraiya

Two images sum up the Iraq campaign. Thefirst is the toppling of Saddam’s statue inBaghdad’s Firdaus Square, symbolising theend of tyranny and the beginning of anew world order spearheaded by the US.The second is the Iraqi museum, lootedby rioters as occupation forces looked on.Together, these images provide a succinctcommentary on the triumph and failure ofPax Americana: Power without responsi-bility. The ‘Bush doctrine’ is being hailed byits advocates not as neo-imperialism but asa new moral imperative which sanctifiesAmerica imposing its will on whichever partof the world it chooses.

Is such a ‘distinctly American interna-tionalism’ practically feasible, let alonemorally desirable? Is democracy with the im-print of the jackboot democracy at all? Thequestion is not ought it to work, but can itwork? After all, empires aren’t built on moralprinciples, they build the moral principlesthat suit their growth. But while launchingits own empire, Bush’s America might takea look at the experience of the Raj.

The British empire-builder was as hypo-critical an exploiter as any, clutchingmissionary Bible in one hand and mercenarycarpetbag in the other. The ex-hortation to subject races to ren-der unto Caesar that which wasCaesar’s and to God that whichwas God’s was easy when therewere no doubts in anyone’s mindthat both Caesar and God wereEnglishmen. But in order to dothis, the imperialist had actuallyto go and live among the unbe-lievers and convert them, if notto Christianity, then to the morefundamental religion of commerce. In theprocess, the British shaped not just the em-pire, but in turn were shaped by it. Ruler andsubject, each became the other’s ‘intimateenemy’. The Raj as cross-cultural romance.

If Macaulay created a tribe of English-speaking brown sahibs who would help runthe Raj, he also provided the Indian intelli-gentsia with the lingual and intellectualinstruments with which to question thelegitimacy of that imperium. When Humefounded the Congress, he not only helped tochannelise Indian political consciousness,but also created a synergy between theoppressed in the home country and thedispossessed here. On his visit to Britain inthe 1930s, Gandhi was greeted by Manchestermill workers with the iconographic adula-tion today reserved for soccer stars and popidols — quite unmindful of the fact that byhis boycott of British-made cloth, the Mahat-ma, in effect, was rendering the lot of themjobless. Their intuitive affinity to Churchill’s‘half-naked fakir’ was based on a sense ofmutual exploitation by a common adversary.

The growth of a politically aware middle-class, the railway network which conveyednot only British troops but also helped dis-seminate the seeds of nationalism, and even

the game of cricket fostered a nascent na-tional identity born in the womb of imperi-alism. Even on the Dandi salt march, Gandhichallenged a particular law, he did not puthimself above all laws. By offering himselfup for arrest, he established his right to dis-sent without destroying the juristic frame-work which made such dissent possible.

Britain’s so-called civilising missionbecame a two-way street. For every Bentickwho wanted the Taj Mahal dismantled andits marble used for PWD works, there wereIndologists and others whose explorationshave helped to shape the narrative whichwe are still in the process of unfolding.For example, would the subaltern school ofhistory have been possible without the pio-neering work of J S Mill and Vincent Smith?

In stark contrast to such intellectualmiscegenation, the ideologues of Americanneo-imperialism are careful to disinfect allcultural contaminants. In the map of the newworld order, America represents the ethicalprime meridian, moral longitude from whichall orientation must derive. The great guru ofneo-conservatism is Allan Bloom, whose TheClosing of the American Mind remains a sem-inal text on what he called ‘moral relativism’.

In order to regain the intellectualsupremacy it had lost by allow-ing itself to be tainted by ‘lesserbreeds without the law’, Bloomargued that America had toregain its fundamental valuesbased on the white Anglo-SaxonProtestant ethic. All else wasan aberration, a disease tobe eradicated. It is this self-righteousness, common to allsupremacy cults, which marksAmerica’s neo-imperialism. It

is imperialism, handled by remote control,like a Tomahawk missile.

Britannia’s gunboat diplomacy has beenreplaced by the gunship diplomacy of thearmchair warrior, the push-button strategistwho wouldn’t know a Gunga Din — Kipling’s‘‘better man than I am’’ — from an OmarSharif in Lawrence of Arabia. Indeed, Holly-wood must already be working on variouspost-Saddam scenarios. History seen thro-ugh the bloodshot eyes of Rambo. Instantjustification as emphatic as a .45 caliber slug.

For all its terminal warts, at least the Rajwas based on the so-called Prospero complex:to turn brutish Caliban into blithe Ariel.The holy warrior of Pax Americana is apost-Cold War Dr Strangelove, a necrophiliacconvinced of his absolutist principle that theonly good adversary is a dead one, with scantattempt made to understand why the adver-sary became the adversary in the first place.That’s why when the British quit India, theyleft a country which became the biggestadventure in democracy the world has everseen. And why when the Americans finallyleave Iraq, whenever that is, their presencecould well be epitomised in an emblematicgraffito on the ransacked Baghdad museum:‘‘Kilroy was here’’. Next stop Damascus?

Bush-button ImperialismPax Americana is not Raj Redux

��OID��‰�‰��†����K���

TOID180403/CR1/14/K/1

��OID��‰�‰��†��������

TOID180403/CR1/14/Y/1

��OID��‰�‰��†����M���

TOID180403/CR1/14/M/1

��OID��‰�‰��†����C���

TOID180403/CR1/14/C/1

CMYK

Cameras to the rescueAfter the crash, click. State Farm is

distributing 77,000 disposablecameras to Long Island customers

as part of a new program to cut intofraud. The insurer asks customers tokeep the cameras in their cars until need-ed to document damages in an accident.

If successful, the program could ex-pand across the country. “Fraud in NewYork state is a $ 1 billion business,” StateFarm spokeswoman Karyn Garsky said.She estimated the cost of the cameras tobe at least $ 100,000—a small investment,Garsky said, compared to the losses fromfraudulent claims.

State Farm is believed to be the first in-

surance company to offer cameras to itsauto insurance customers, said PJ Crow-ley, a vice-president of the industry-backed Insurance Information Institute.

“If a couple of dollars spent on a cam-era prevents a multi-thousand dollarclaim from going through, then obviouslyit’s paid off,” Crowley said. “This is defi-nitely a low-tech solution, but the kind ofthing that can pay off just by preventinga small number of fraud accidents fromturning into thousands of dollars in pay-outs.”

State Farm figures a policyholder us-ing the camera to document damage at acrash scene will prevent the other driverfrom making subsequent claims for dam-ages resulting from other circumstances.The back of the camera has space to writedown pertinent information about thecrash.

The voluntary program is beginning inLong Island’s Nassau County becauseagents there came up with the idea. The15-exposure cameras were mailed to cus-tomers in early April. If the cameras getused, customers bring them to theiragents for developing. “We’ve alreadystarted getting some of them back,”Garsky said.

Hofstra University law professor RoySimon, a State Farm customer who re-ceived a camera, applauded the goal ofcutting down on fraud, although he ad-mitted to some skepticism. Reuters

INSURANCEFRAUDS

The Times of India, New Delhi, Friday, April 18, 2003

Smooth touchdownAmerican Air chairman DonaldCarty has expressed gratitude to staff and unions for ratifying

pacts to achieve $1.8 bnin annual cost savings, averting bankruptcy

Fast shotJapan’s top cellphoneoperator NTT DoCoMo’snew mobile phone‘N251iS’ has a digitalcamera that can takefour shots per second

Headcount hikeTata Consultancy Serviceswill increase the strengthof professionals at itsChennai centre to 10,000from 7,000 this year, V-PRavi Shah said

Overseas driveHindujas-owned IndusInd Bankwill open its first overseas branchin Dubai in August and is in the final stages of negotiations withsome banks in the UAE for tie-ups, said director Ram Buxani

Rupee Value US $: 47.85 UK £: 75.90 Euro: 52.55 S Fr: 36.15 Yen (100): 41.35 A $: 30.30 NZ $: 27.50 S $: 27.90 Saudi Riyal 13.15 UAE Dirham 13.40 Thai Baht(100) 112.30 Selling rate: Currency notesSource: SBI, Mumbai

After Infy, Wipro shakes SensexTIMES NEWS NETWORK

Bangalore: Close on theheels of the bloodbath un-leashed by Infosys last weekin the stock market, Wiprobrought in more bourse-shattering news. On Thurs-day, Wipro announced a fallin fourth quarter (Jan-Mar)2003 net profit by 5 per cent,against the market expecta-tion of a 5.5 per cent rise.However, its revenue rose 33per cent on growing out-sourcing business.

India’s third-largest soft-ware exporter posted a netprofit of Rs 225 crore in Q4on revenue of Rs 1,238crore. In the fiscal 2002-03,Wipro revenue hit an all-time high at Rs 4,300 crore,an increase of 26 per centyear-on-year and WiproTechnologies revenue in-creased 25 per cent to Rs2,800 crore. However, profitafter tax for the fiscal at Rs860 crore represented a de-crease of 4 per cent over thelast year, primarily on ac-count of losses in affiliateWipro GE Medical Systemsof Rs 37 crore.

Wipro Chairman AzimPremji said the software in-dustry needed a correction,which was happening now.“There is no doubt that profitability in techcompanies is significantly higher than inbrick-and-mortar companies. The softwareindustry is going through some correction.But fundamentally, the future is very strongwith the cost equation being realised today.”

“Customers are piling on pressure on thebilling side. But the continuing pressures onbilling and erosion of operating marginswould be offset by the growing opportunitiesin the application management and develop-

ment segments,” Wipro Technologies presi-dent Vivek Paul pointed out.

“It is too early to call it a victory. Existingcustomers keep coming back to us and saythat they need us to enable them to do muchmore — at a lesser price. We are trying to re-duce the pressure on pricing,” Paul said.

In the April-June 2003, Wipro expects netprofit growth of 32-35 per cent, on a toplinegrowth of 30-32 per cent. The board recom-mended dividend of Rs 1 per share of Rs 2.

Govt moves SC against TDSAT orderTIMES NEWS NETWORK

New Delhi: The Centre on Thurs-day moved the Supreme Courtagainst an order of the TelecomDisputes Settlement AppellateTribunal (TDSAT) directing it toprovide cellular operators copiesof certain sensitive documents re-lating to the contentious wirelessin local loop (WLL) issue and saiddisclosure of such papers wouldharm public interest.

The Centre said that directionof TDSAT to give copies of theprivileged documents to the con-testing private litigating parties,which had ‘‘commercial and other

interests’’, would be against pub-lic interest.

The most important questionraised by the government in thepetition was: ‘‘Whether disclosureof secret notings in governmentfiles, for the perusal of the adjudi-cating body is adequate or disclo-sure is necessarily to be made tolitigating business rivals?’’

Of the three documents onwhich the government had soughtprivilege, two were internal not-ings and the third consisted ofminutes of a meeting of secre-taries.

TDSAT had rejected the Cen-tre’s claim of privilege without

considering the fact that the docu-ments in question belonged to aclass of documents anddisclosureof them would injure public inter-est, the petition said.

Stating that its appeal was filedon a ‘‘point of principle so as notto set a precedent that may harmthe administration and policymaking subsequently in all de-partments and ministries of thegovernment,’’ the Centre said thatit sought to preserve its privilegeon the contents of its documentsand files from being disclosed inlegal proceedings to private litiga-tion parties which have commer-cial and ‘‘other interests’’.

Bank on workforce for growth: PanelTIMES NEWS NETWORK

New Delhi: Making Indiathe global sourcing base forknowledge-based servicescan boost the country’s GDPby $200 billion by 2020 andcan create 40 million newjobs, according to a High Lev-el Strategic Group, headedby the Planning Commissionmember NK Singh.

India can encash upon theopportunities like the short-age of skilled workforce inthe developed countries. Thegroup, which was set up byAll India Management Asso-ciation, estimated a net

workforce shortfall of 32-39million by 2020 in the devel-oped countries. So, India canprovide remote services tothese countries and can im-port customers to servicetheir needs in sectors likehealth care and tourism.

The report ‘‘India’s NewOpportunity - 2020’’ preparedby the group was submittedto Prime Minister Atal Bi-hari Vajpayee on Thursday.

According to the report,India’s rival China will havea workforce shortfall of 10million by 2020. The othercountries facing shortfall in

the workforce are UnitedStates (17 million), Japan (9million), Russia (6 million),France (3 million), Spain (3million), Germany (3 mil-lion) and UK (2 million).

India will have the maxi-mum surplus workforce at 47million, followed by Pakistan19 million, Bangladesh (7million), Indonesia (5 mil-lion) and Mexico (5 million).

The contribution of re-mote services, where cus-tomers could be servicedthrough telecommunica-tions could be $133-315 billion.

AFP

Wipro chairman Azim Premji (left) with CEO Vivek Paul.

Govt clears Suzuki pro-posal: Finance ministerJaswant Singh on Thursdaycleared a proposal fromSuzuki Motor Corporation todivest 6.58 million shares inMUL, paving the way for di-vestment of the government’sshareholding in car giantMaruti Udyog Ltd through apublic issue possibly in June.

ICICI panel to probe ru-mour: ICICI Bank has decid-ed to institute a one-mancommittee under former chiefjustice PN Bhagwati to en-quire into the origin of the ru-mour which created panicamong depositors who linedup withdraw money lastweek. An ICICI Bank team ledby HN Sinor, joint managingdirector, would assist justiceBhagwati in the probe.

NIIT net up, Sify loses:NIIT Ltd on Thursday posteda 216 per cent rise in netprofit at Rs 6.4 crore in Q2(January-March 2003) whilethe company’s global netprofit was up at Rs 5.45 croreagainst a loss of Rs 2.6 croreduring the same period a yearago. The global revenue dur-

ing the quarter was up 14 percent at Rs 216.3 crore, out ofwhich IT services revenuewas Rs 119.8 crore while ed-ucation contributed Rs 90.1crore to the revenue. Mean-while, Internet services firmSify’s net loss for Q4 endedMarch 31, 2003, fell sharplyto $ 3.09 million against $

HLL to sell glucovitabrand: As part of a strategyto focus on power brands,Hindustan Lever will sell its

‘glucovita’ brand to Wipro Ltdfor an undisclosed sum. TheFMCG major said it enteredinto a “definitive agreement”with Wipro for the sale andtransfer of ‘glucovita’, a brandin the glucose market, for In-dia and Nepal.

Mphasis proposes 1:1bonus issue: Bangalore-based Mphasis BFL Ltd’sboard has proposed a bonusissue in 1:1 ratio (one sharefor every share held). The

paid-up share capital of thecompany would increase fromRs 17.32 crore to Rs 34.65crore consequent to thebonus issue.

MRF declares 30% inter-im dividend: MRF Ltd hasposted a net profit of Rs68.25 crore in its secondquarter ended March 31,2003 as compared to a profitof Rs 13.34 crore a year earli-er. Its total income has in-creased from Rs 444.90 croreto Rs 523.12 crore during theperiod. The company also de-clared a 30 per cent interimdividend for the year.

Tisco members approvecapital restructuring: Theboard of directors of Tiscoapproved a capital restructur-ing programme, under whichRs 1,550 crore out of the bal-ance standing in its capital re-demption reserve accountand the Securities Premiumaccount could be utilised foradjustment of the balance ofmiscellaneous expenditure.

LML cuts losses by halfin ’02-03: Riding on a mas-sive cost cutting exercise andsurging demand for its bikes,LML Ltd managed to cut itslosses for the 2002-03 fiscal

to Rs 27.69 crore from 44.39crore a year earlier. The firmalso posted a net profit of Rs10.14 crore in the last quarterof the year. Its net sales forthe fourth quarter have in-creased to Rs 202.49 crorefrom Rs 100.18 crore a yearearlier, while net sales for theentire year stood at Rs 574.5crore, up from Rs 470.42crore in 2001-02.

Dupont mulls lycra unitin India: Dupont India isconsidering setting up a unitfor making lycra fibre, a syn-thetic fibre with stretch prop-erty, in India to support thegrowing business prospectsin the country and textile ex-ports. “India is a strong textilemarket and the vision is tohave a plant in three-yeartime frame, Dupont businessmanager Satish Khurana said.

NTPC will not preferPetronet for LNG: Rulingout any possibility of a negoti-ated contract with oil PSUjoint venture Petronet LNG forprocurement of 3 milliontonnes of LNG annually, Na-tional Thermal Power Corpo-ration said the “lowest offer”would be honoured for thecontract and technical bidswould be invited next week.

E X E C U T I V E D I G E S T

NATIONAL

Bayer, GlaxoSmithklineto pay $344m: Pharmaceu-tical giants Bayer and Glaxo-smithkline have agreed to paythe US government $344 mil-lion to settle claims they con-spired to overcharge themedicare program for drugs,authorities announced. Thetwo companies had been ac-cused of relabelling drugssold to a private health insurer

to conceal the fact that theprices quoted to the insurerwere considerably lower thanthose charged the Federalmedical program for the poor.US Federal law requires drugcompanies to sell drugs tothe government at the bestprice given to private clients.

Apple Q1 profit down65%: First quarter profit ofApple Computer fell 65 percent but beat Wall Street ex-pectations. For the threemonths ending March 29, theCalifornia-based PC Makermade $14 million, or fourcents a share. In the compa-rable quarter a year ago, Ap-ple reported net income of$40 million, or 11 cents ashare. Despite the decline,

Apple exceeded the 2-cent-per-share forecast of analystssurveyed by Thomson firstcall. Apple’s sales in the firstthree months of this year, Q2in the company’s fiscal calen-dar, were $1.48 billion, downone per cent from the year-ago quarter.

Sun nets marginal Q3profit: Sun Microsystems re-ported a small profit for its fis-cal third quarter despite a 10per cent drop in sales and thepersistent downturn in spend-ing by its corporate cus-tomers. For the three monthsended March 30, thecompany earned $4 million,essentially break-even pershare, on sales of $2.79 bil-lion. That compares with a

loss of $37 million, or onecent per share, on revenue of$3.1 billion in the same timelast year. Excluding one-timeitems, the company wouldhave earned $11 million,break-even per share,compared with a loss of$20 million.

INTERNATIONAL

Today’s question: Ia SARS goingto be a threat to business

in India?

• The poll reflects the opinions of Net users who chose to participate, and not necessarily of

the general public.

Yesterday’s results: Is it amistake not to privatise Indian

Airlines and Air India?

Yes 69% No 28%

ET INSTA POLL

Igor Landau, chairman ofthe management board ofAventis addresses theannual general meeting ofthe shareholders of thecompany in Strasbourg.

Punjab to get atourism boost:Punjab chief ministerAmrinder Singh hasunveiled a new tourismpolicy to give a fillip tothe sector in the state.State government willoffer sops to both thetourism projects andhotels, motels andrestaurants.

Ajit Ninan

Tech stocks bleedTIMES NEWS NETWORK

Mumbai: Wipro has picked up from whereInfosys had left. The mayhem that wreckedtech stocks on the bourses last week inten-sified once again on Thursday followingWipro’s worse-than-expected results andguidance. The BSE Teck index was down 18points at day’s close.

Wipro stock opened on BSE at Rs 825, 15per cent lower than the previous close. Thecountry’s most valuable software company,by market capitalisation, fell 8.25 per cent toRs 884.40, its lowest close in nearly fouryears, after it reported that its net profit forthe January-March quarter net profitdropped five per cent to Rs 225 crore, belyingexpectations of a five percent increase.

‘‘Wipro’s results further confirm thattech is no more a growth sector. There areincreasing signs of the business gettingcommoditised. Intense pricing pressure andfalling margins are here to stay,’’ says an an-alyst. Wipro chairman Azim Premji, how-ever maintains that tech stocks have asound future. ‘‘There is some correctionhappening in the market now because thesestocks were over-exposed.’’

Wipro’s bad showing had an effect on theoverall market too. The BSE Sensex slippedbelow the 3000 level and ended the day at2984.50, a loss of 1.58 per cent. Infy, whichhad somewhat recovered from the hammer-ing last week, too ended up in the losers listwith its scrip shedding 1.97 per cent.Satyam, the stock market’s other techfavourite, couldn’t escape the bear pressureeither, touching a 16-month low of Rs 144.20.

The market diary on Thursday was al-most a repeat of last Thursday when theSensex crashed by 106 points after Infosysannounced its Q4 results.

The plunge of last week had its effect onthe personal wealth of tech billionaires aswell. Like the stocks that lost, the net worthof software czar Azim Premji plummeted.

��OID��‰�‰��†����K���

TOID180403/CR1/15/K/1

��OID��‰�‰��†��������

TOID180403/CR1/15/Y/1

��OID��‰�‰��†����M���

TOID180403/CR1/15/M/1

��OID��‰�‰��†����C���

TOID180403/CR1/15/C/1

Has Unilever puttoothpaste brandson the block?

By Baiju KaleshTIMES NEWS NETWORK

Mumbai: Will HindustanLever, the fast moving con-sumer goods giant toe theline of its parent — the An-glo-Dutch firm Unilever NV,while rationalising its keytoothpaste brands in the oralhealth care segment.

If the Indian arm does de-cide to follow the parent, HLLcould soon be selling two ofits largest selling toothpastes— Pepsodent and Close-Upalong with minor brands likeMentodent and Aim. An in-ternational wire agencyquoting an article on a newswebsite, “The Deal.com” saidUnilever NV is in the processof receiving preliminarybids this week for some of itspersonal hygeine brands in-cluding its largest sellingtooth paste Close Up, Pepso-dent and junior brands likeAim and Mentodent.

These brands in India con-tribute close to Rs 650 croreto the HLL turnover of Rs10,800 in 2002, analysts said.Investment banker MorganStanley is structuring thesale of these brands. Accord-ing to the website, thesetoothpaste brands generatearound $450 million in annu-al revenue for Unilever andwill likely attract a price ofabout $300 million in the bestcase scenario.

However analysts tracking

the Indian operations said,“the exercise may be a part ofthe global restructuring un-dertaken by Unilever.” Srid-har Iyer of Baltiwala andKarani Associates, whotracks the company, said theoral care business was not asprofitable for HLL, whosemarket share has fallen to 32-33 per cent in this quarterfrom 37-38 per cent in the pre-vious two quarters. In India,Colgate is the leader with ashare of 48-49 per cent.

The report quoting asource studying Unileversaid “Close Up, Aim and theother brands for sale do notfit into Unilever’s definitionof “leading brands” as theyare no 3 in the segment, trail-ing Colgate-Palmolive’s Col-gate and Procter and Gam-ble’s Crest toothpastes.

While the HLL spokesper-son in India said “we do notcomment on speculation,”the a Unilever spokesperson,quoted in the story, said “thecompany wants to increasethe percentage of its salesgenerated from leadingbrands to 95 per cent by theend of 2004 from 89 per centin 2002. Unilever had a salesof $46 billion in 2002. Thespokesperson declined tocomment about the tooth-paste auction.

HLL’s oral health carebusiness has not been able togrow its profit in recentyears, said analysts.

1500

0

11.04.03

18,128

19,152

18,422 18,422

18,809

17,257

19,036

18,064

15.04.03 16.04.03 17.04.03

2000

0

Figures based on market value of share holdings of Azim Premji in Wiproand Mukesh Ambani in RIL. Market Cap = Share price x no. of shares.

Figures are in Rs crore

Fluctuating fortunes

CMYK

S T O C K S The Times of India, New Delhi16 Friday, April 18, 2003

ABB 314, 306, 307.75335, 335, 306.30, 308.85

Abbott (I) 265, 266, 261.15, 262.35ACC 137, 138.50, 135.15, 137.20

137.90, 138.40, 135.50, 137.40 Adani Export 120.15, 122.30, 121.80

121.90, 122, 120.30, 121.20 Adlabs Films 40.05, 40.50, 39.60,40.30

40.05, 40.95, 39.35, 40.50 Alstom Proj. 57.20, 57.25, 55, 57

56.40, 57.25, 56, 57.10 Andhra Bank 30.95, 31.75, 29.70,30.15

31, 31.75, 29.65, 30.10 Apollo Hosp. 98, 99, 97, 98.20

97.75, 98.10, 96.55, 97.90 Apollo Tyres 121.90, 122.95, 121,121.50

122.85, 123, 121, 121.60 Arvind Mills 23, 23.80, 23.40

23.10, 23.75, 23, 23.35 Ashok Leylan 99.05, 100, 98.80,99.05

98, 100, 98, 99.75 Asian Paints 322.50, 330, 322.30,322.50

332, 332, 324.20, 327.90 Aurobindo Ph 218, 217.90, 219.10

219.05, 220.45, 217, 219.90 Aventis Phar 263, 251.65

254.95, 255, 252, 253.30 Aztec Soft. 14.55, 14.90, 14, 14.20

14.50, 15, 14.15, 14.25 Bajaj Auto 485, 498, 477, 481.55

499.95, 510, 477.05, 481.65 Balaji Tele. 60.70, 61.45, 60.10,60.85

60.95, 61.85, 60.30, 61.05 Ballarpur In 37.90, 38, 37.50, 37.60

37.85, 37.95, 37.50, 37.75 Bank of Baro 91, 91.95, 89, 90.05

90.95, 92.20, 89.05, 90 Bank of Ind. 40.10, 41.20, 39.80, 40

40.10, 41.35, 39.80, 40.05 BASF 93.55, 95.40, 93.50, 94.85

94.85, 95.40, 94, 94.80 Bata (I) 27.80, 28.30, 27.40, 27.70

28.10, 28.30, 27, 27.70 Bayer Cropsc 133.10, 133.70, 133.60

132, 134, 132, 134 Bh.Earth Mov 71.90, 68.05, 68.65

71.70, 71.70, 68.50, 68.75 Bharat Elect 221.40, 227.40, 219.55,226.60

228, 228, 219.50, 226.10 Bharat Forge 252, 253, 250, 252.95

254, 254, 250.20, 252.55 Bharti TeleV 32, 35.95, 33.40

32.80, 35.85, 32.25, 33.45 BHEL 226.10, 230.55, 225.50,229.10

229, 230.10, 225.15, 229.15 Bombay Dyein 45.95, 46.35, 45.60,45.90

46, 46.50, 45.55, 45.85 BPCL 226.50, 232.45, 226, 231.35

224.20, 232, 224.20, 231 Britannia 523, 508.25, 517.90

524, 528.45, 512.05, 518.60 BSES 224.20, 224.70, 217.50,219.30

222, 226.90, 217.05, 220 Cadila Healt 121.05, 123, 122.55

122.60, 124, 122.60, 123.80 Castrol (I) 198.05, 199.90, 197,197.30

197.95, 199.95, 196.80, 197.45 Century Enka 78, 80, 78.95

77.75, 80, 77.75, 78.70 Century Text 48.80, 47, 47.20

48.25, 48.75, 47, 47.25 Chambal Fert 14.60, 14.90, 14.55,14.70

14.65, 14.85, 14.55, 14.65 Chennai Pet. 30.60, 31.15, 31.10

31, 31.30, 30.60, 31.05 Cipla 737, 737.90, 727, 732.75

744, 748, 726.10, 730.10 CMC 468, 495, 489.55

468, 496, 465, 492.05 Colgate 123, 125.80, 122, 124.95

123.95, 125.85, 122.60, 124.70 Container Co 234, 238, 225.25,235.25

235, 238, 228.10, 230.40 Corpn. Bank 147.90, 150.75, 146.20,147.05

147, 150, 146, 146.55 Crompton Gr. 60, 56.40, 58.50

59.30, 59.50, 56.90, 58.55 Cummins (I) 52.70, 53.50, 52.85

53.40, 53.95, 52.90, 53.55 D-Link (I) 45.05, 45.85, 45, 45.25

46.20, 46.20, 44.70, 45.20 Dabur (I) 39, 39.50, 38.55, 38.95

39.80, 39.80, 38.50, 38.90 Digital Glob 524, 532, 504.55, 521.75

500.20, 531.70, 500.20, 519.50 Dr.Reddy’s 901.50, 911, 898.25,903.10

900, 922, 898.05, 903.70 Dredging Cor 239.25, 238.60e-Serve Intl 420, 450.05, 414.60,446.20

425, 454.90, 409, 442.25 EIH 160.35, 158.50, 158.85

161.15, 163.40, 159, 159.95

Engineers (I 245, 251, 242.10,250.10

243.65, 250.90, 243.25, 249.85 Escorts 36.85, 35.60, 35.80

37.50, 37.50, 35.60, 35.75 Essel Propac 135.05, 135.90, 130,132.75

136.05, 136.05, 126.50, 132.20 Exide Inds. 75.25, 76.45, 75.05,75.10

77.80, 77.80, 75.75, 76.70 Federal Bank 98.30, 98.90, 96.25,96.60

97.20, 99.45, 96.10, 96.45 Finolex Cabl 83.95, 84, 83.20

84.50, 84.65, 82.25, 83.85 Finolex Inds 35.50, 36.35, 36

35.65, 36.15, 35.65, 36.05 Gail (I) 76.30, 77, 75, 75.60

77.95, 77.95, 74.90, 75.50 GE Shipping 40.50, 41.05, 39.55,40.60

40.50, 41, 39.60, 40.40 Geometric So 404.90, 405.20, 386,394.05

401.90, 405.70, 384, 394.75 German Remed 212, 212, 205.15,206.50 Gillette (I) 296, 308.90, 295, 307.95

303, 310, 300.20, 308.40 GlaxoSmith.C 220, 230, 208.35,218.95

216.85, 244.95, 211.30, 220.90 GlaxoSmith.P 305, 313, 308.55

315, 315, 305.65, 309.15 GNFC 28.90, 29, 28.75, 28.80

28.80, 29.05, 28.80, 28.90 Grasim Inds. 339, 342, 338.25,339.80

342.65, 342.70, 337, 339.80 GSFC 16.85, 16.90, 16.20, 16.40

16.50, 16.85, 16.20, 16.45 GTL 58, 58.90, 54.75, 56.80

56.40, 58.90, 54.70, 56.15 Guj.Amb.Cem. 166, 166.45, 164.05,165.50

168.50, 168.50, 164, 165.20 Guj.Gas Co. 390

390, 398, 388.05, 395.95 Guj.Mineral 82, 83.75, 82

82, 82.80, 81, 82.10 HCL Infosys. 80.50, 83, 80.25, 80.55

80, 83.95, 80, 81.05 HCL Techno. 144, 138.10, 141.50

144.25, 144.25, 136.90, 140.95 HDFC 335, 341.25, 320, 329.45

335, 345.90, 320.05, 328.90 HDFC Bank 244, 248.20, 246.45

244, 248.90, 243, 247.10 Hero Honda 195, 185.50, 186.20

194.50, 194.80, 185.50, 186.05

Hexaware Tec 100, 94.80, 96.85102, 102, 93.65, 96.70

Him.Fut.Comm 19.60, 19.80, 18.50,18.80

19.60, 19.60, 18.55, 18.75 Hind Lever C 161.90, 162.90, 162.85

160, 165, 160, 162.20 Hind.Oil Exp 17.15, 17.20, 16.95,17.15

16.80, 17.25, 16.80, 17 Hind.Zinc 15.30, 15.75, 15.15Hindalco 594, 604, 602.35

599.70, 603.95, 590.10, 602.15 Hinduja TMT 166.20, 172, 162, 165

165, 171.70, 162, 164.55 HLL 146, 147.50, 141.85, 142.85

146.50, 146.50, 141.55, 142.45 HMT 14.90, 15, 14.75

15.15, 15.15, 14.65, 14.75 HPCL 296.50, 297.50, 293.50,294.90

295.90, 297.70, 293.30, 294.95 Hughes Soft. 179.40, 180.60, 174,178.35

178.40, 180.95, 173.25, 177.65 IBP 207.05, 210, 203.15, 204

208, 212, 203, 204.10 ICI (I) 117.05, 117.90, 117.40

118, 118.40, 117.10, 117.70 ICICI Bank 136.80, 131.35, 133.60

134.40, 135, 131.25, 133.40 IDBI 17.40, 17.65, 17.25, 17.50

17.30, 17.70, 17.20, 17.50 IDBI Bank 23.45, 23.05, 23.20

23.35, 23.50, 23.05, 23.15 India Cement 13.90, 13.95, 13.70,13.75

13.95, 13.95, 13.65, 13.75 Indian Alumi 120, 120, 119, 119.55 Indian Hotel 187.85, 190, 171.30,175.85

187.05, 197.90, 172.15, 176.10 Indian Oil C 239.75, 240, 238, 238.65

237.55, 238.90, 237.30, 238 Indian Ov.Bk 19.35, 19.75, 19, 19.15

19.40, 19.70, 19, 19.15 Indian Rayon 78, 79, 77.35, 77.90

77.80, 78.50, 77.25, 77.55 Infosys Tech 2921.35, 2998, 2811,2965.75

2875, 2978, 2820, 2963.40 Infotech En. 94, 94.70, 90.70, 92

94.35, 94.35, 90, 91.80 Ingersoll R 204.90, 200, 201.45

202, 202, 199.95, 200.05 IPCL 88.50, 91.25, 88, 90

89, 91.30, 87.50, 89.95 ITC 682, 684.90, 675.10, 683.50

681, 686, 676, 683.40 ITI 16.30, 15.75

16.50, 16.50, 15.70, 15.80 J&K Bank 134, 129, 129.45

132.10, 133.20, 128.10, 129.25 Jaiprakash I 29.35, 29.50, 29, 29.05

29.50, 29.50, 28.95, 29.10 JB Chemical 153, 154.50, 152.10,152.35

152.10, 156, 152, 152.65 Jindal Steel 351.50, 352.05, 345,347

353.90, 354, 345, 345.90 Kochi Refin. 43.80, 44, 43.20, 43.60

44, 44, 43.15, 43.55 Kotak Mah.Bk 147, 147.50, 146,146.65

145, 148, 144.90, 146.25 L&T 186.50, 189.40, 185.90, 188

187.10, 189.40, 185, 187.80 LIC Hsg.Fin. 74.50, 72.60, 73.10

73.25, 75, 72.85, 73.30 LML 27.50, 28.90, 27.05, 28.70

27, 28.90, 27, 28.70 Lupin 151.55, 153.60, 149, 149.45

149.90, 153.50, 149, 149.90 M&M 110, 107, 108.40

108.80, 109.70, 107.35, 108.40 Marico Inds 156.05, 153, 155.50

158.95, 158.95, 155, 156.85 Mascot Systm 91.50, 92.50, 88,89.90

93, 93, 88.10, 89.55 Mastek 303.90, 304, 288.40, 293.05

295.80, 303.90, 288.15, 293.25 Mastershare 10.20, 10.30, 10.15

10.25, 10.25, 10.20, 10.20 Max (I) 68.50, 69.15, 67.90, 68

69.05, 69.35, 67.65, 68.20 Mcdowell Co. 35.70, 36, 35.50, 35.70

36.20, 36.20, 35.40, 35.55 Merck 220, 224.25, 222.90

226, 226, 220, 222.50 MIRC Electr. 367, 369, 366, 367

375, 375, 365.50, 367 Moser-Baer 252.25, 271, 248.95,266.95

251, 270, 248.60, 266.15 Mphasis BFL 561.20, 584.80, 558,577.55

560, 585, 554, 576.75 MRF 1050, 1065, 994, 1008.05

1085, 1089.95, 997, 1005.85

MTNL 96.10, 97, 93.50, 95.0597.30, 97.30, 94.05, 95

Mukta Arts 43.15, 44, 43.10, 43.6043.20, 44, 43, 43.50

National Alu 84, 85.95, 85.4585.40, 85.80, 84, 85.20

Nestle (I) 542.50, 545, 522.25,528.85

540, 566.95, 521, 526.90 Neyveli Lign 26, 29.20, 28.80

29.25, 29.35, 28.80, 28.90 Nicholas Pir 218.90, 215, 216.85

216, 218.50, 212.15, 214.45 NIIT 98.25, 99.80, 93.10, 98.40

97, 99.90, 93.55, 97.40 Nirma 227.45, 263, 259.90

250, 263, 244.05, 259.10 Novartis (I) 230, 231, 226.40, 227.90

235.55, 235.55, 226.55, 228.70 ONGC 354, 355, 352.95, 353

352.50, 355, 352.50, 353 Oriental Bnk 80.65, 82.80, 78.25,80.25

81, 82.70, 79.10, 80.30 P&G Hygiene 365, 374.95, 362,363.40Padmalaya Te 64.80, 66.45, 63,63.35

62.60, 65.90, 62.60, 63.15 Pentamedia G 8.60, 8.10, 8.30

8.35, 8.65, 8.15, 8.25 Pfizer 312.55, 316.20, 310, 312.80

318.95, 318.95, 309.05, 309.95 Philips (I) 95, 97.50, 97.35Pidilite Ind 228, 227, 231

226.10, 232, 226.05, 231.70 Polaris Soft 121, 107.80, 110.40

115.90, 117.90, 107.60, 110 Pun.Tractors 123.25, 127.95, 122.65,126.70

124.25, 127.90, 122, 126.55 Ranbaxy Lab. 661, 662.95, 647.50,654.75

660.05, 667, 647.25, 654.80 Raymond 92, 94, 83, 90

89.50, 90.50, 89.30, 90 RCF 19.90, 18.50, 19.20

19.10, 19.55, 18.50, 19.20 Rel Capital 51.25, 54.50, 51, 53.35

51.20, 54.50, 51, 53.35 Reliance Ind 282, 283, 276, 278.10

283.80, 283.80, 276.15, 278.15 Rolta (I) 56.50, 57.70, 56, 56.70

58.30, 58.30, 56, 56.60 SAIL 9.10, 9.45, 9, 9.20

9.10, 9.40, 9, 9.10 Satyam Comp 153, 153.90,140, 144.20

150.20, 150.45, 141.20,144.10 Saw Pipes 73.50, 73.90, 72,72.95

74.60, 76.20, 71.90, 72.85 SBI 286, 296.10, 287.35

288.60, 296.50, 286.05,287.35 Shipp.Corpn. 61, 61.50, 59.70,60.05

61.80, 61.80, 59.60, 60 Shyam Teleco 33.70, 34.75,33.05, 34.25

33.90, 34.95, 33.40, 34.35 Siemens 289.80, 291.50,286.30, 286.50

293.50, 293.50, 286, 287.45 Silverline T 6, 4.85, 5.10SKF Bearing 43, 43.45, 42.50,43.05

43.05, 43.50, 42.10, 42.60 Sonata Soft. 12.70, 13.90,13.65

13, 13.95, 12.50, 13.70 SPICE 30.50, 30.75, 30.01, 30.73SSI 57.15, 59.25, 57, 57.95

58.50, 59.15, 56.80, 57.90 STC India 89, 85.30

88, 88.75, 86, 86 Sterl.Biotec 44, 41.15, 42.05

44, 44, 41.60, 41.95 Sterl.Optica 32.05, 32.10, 30.75,31.25

31.10, 32.25, 30.75, 31.05 Sun Pharma. 285, 292.70, 290.30

293, 299.80, 287.15, 291.55 Syndicate Bn 22.10, 22.70, 21.20,21.85

22.25, 22.70, 21.75, 21.85 Syngenta (I) 118, 117, 118Tata Chem 68.25, 68.50, 66.70,67.15

68.70, 68.85, 66.55, 67.15 Tata Elxsi 69.65, 67.50, 67.80

69, 69, 67.50, 67.85 Tata Power 118, 119, 117, 117.20

119, 119, 117, 117.35 Tata Tea 199.95, 200.90, 196.50,197.40

202, 202, 197.10, 198 Tata Telcom 98, 98.25, 96.50, 97.75

98.95, 98.95, 96.50, 97.35 TELCO 156, 156.10, 153.50, 154.55

156.70, 156.70, 153.40, 154.55 Thermax 142.20, 139.40

142.45, 142.90, 139.30, 140.25 Thomas Cook 197, 199.95, 190,192.65

198, 202.80, 190.50, 191.20 TISCO 128, 133.50, 131.90

133.10, 133.50, 130.90, 131.70 Titan Inds. 55, 54, 54.05

55, 55, 53.70, 54.05 TN Newsprint 41.25, 40.40, 40.45

40.65, 40.85, 40, 40.30 TN Petro 20.35, 20.50, 20.15, 20.20

20.50, 20.55, 20.25, 20.35 Torrent Phar 168, 167.15, 167.85

161.55, 173.50, 161.55, 170.15 Trent 149.95, 155, 148, 148.65

147.20, 151, 147, 148.35 TVS Electron 58.75, 57.35, 57.80

58.30, 58.70, 57.25, 57.75 TVS Motor Co 392, 394, 385.15,389.25

393.50, 395.40, 380.10, 385.45 United Phosp 123.90, 124, 120, 121

124.50, 125, 120, 120.95 UTI Bank 42.65, 42.80, 42, 42.30

45, 45, 42, 42.25 Videocon Int 22.95, 22.55, 22.65

23, 23, 22.50, 22.70 Vijaya Bank 16.70, 16.80, 16.50,16.65

16.45, 16.75, 16.25, 16.60 Visual Soft 127.90, 128, 118.80,122.90

125, 127.45, 118.75, 122.10 VSNL 72.50, 73.65, 71.90, 72.05

73.90, 74, 72, 72.30 Whirlpool 17, 16.40, 16.60

16.80, 16.85, 16.55, 16.60 Wipro 919, 825, 884.40

880, 893.80, 832.10, 880.85 Wockhardt 375, 379.50, 371.35,378.45

386.50, 386.50, 373.10, 377.25 Zee Telefilm 68.50, 68.80, 66.55,67.40

68.30, 68.75, 66.60, 67.45 Zensar Tech. 68.10, 69, 67.30, 68.40

65, 69.40, 65, 68.20

B1 - GROUP

33M India 250, 258

253.25, 255.15, 253, 253.30

AA Sarabhai 3.40, 3.50, 3.30, 3.35Aarti Drugs 27, 27.90, 26.75Aarti Inds. 60.10, 61.95, 60.30

60.35, 61.50, 60.15, 60.15 Aban Loyd 162, 141, 144.95

144, 145.70, 142, 145.25 ABG Heavy In 10.50, 9.95, 10.20Abhishek Ind 6.20, 6.25, 6

6.10, 6.20, 6.05, 6.10 Adam Comsof 4.05, 4.35, 4, 4.20Advani Oerli 33.50, 31.95, 32.10

34.20, 34.20, 31.70, 31.70 Aegis Logis. 8.05, 8.50, 8.40

9.35, 10.05, 8.45, 8.60 AFT Inds. 56.60, 57.85, 56.55, 57.25Aftek Infosy 167.95, 168, 160.30,165.70

164.10, 168, 160.50, 164.50 Agro Dutch I 9.10, 9.15, 8.65, 8.95

8.25, 9.10, 8.25, 9 Agro Tech Fd 26.40

26.30, 26.30, 26.30, 26.30 Ahmed.Elect. 46.75, 45.70, 46.65

46.05, 47.80, 45.65, 46 Ahmednagar F 17.25

18.70, 18.70, 18.70, 18.70 Ajanta Pharm 28.50, 29.65, 28, 28.40

28, 29.25, 28, 28.10 Aksh Optifib 14.50, 14.95, 14.50

15, 15, 14.55, 14.60 Albert David 24.30, 24.65, 24.60Albright & W 183, 162.75, 190Alembic 153, 156, 152.50, 155

155, 157.80, 153, 156.15 Alfa Laval 221.30, 229.80, 221.40

232.95, 232.95, 226.60, 226.60 Alkyl Amines 17.80, 19, 18.95Allahabad Bk 15.40, 14.90, 14.95

15, 15.35, 14.85, 14.90 Alok Inds. 10.95, 11.50, 10.85, 10.90

10.95, 11.05, 10.80, 10.95 Alps Inds. 20, 20, 20, 20 Alstom 24.20, 25.05, 24.75Amara Raja B 52, 52.90, 51.30,51.35

52.50, 52.50, 51, 51.45 Ambica Agarb 42.45, 35.10, 36.15Ambuja Cem.R 3.10, 3

3.05, 3.15, 3.05, 3.10 Amex Info. 13.45, 13.80, 12.25,13.45Amforge Inds 18, 19Amrutanjan 63.25, 62, 64Amtek 42.60, 45, 42.50, 43.10Amtek Auto 193.40, 194, 191.10,191.20Andrew Yule 14.20, 14.65, 13.90,14.15Ankur Drugs 5.95, 5.90Ansal Prop. 10.50, 11, 10.50AP Paper 39.25, 40.10, 39, 39.15Apcotex Lat. 26, 25.50, 26.10

25.80, 25.80, 25.80, 25.80 Aplab 17.30, 18.85Aptech 33, 31, 31.45

31.80, 31.80, 30.80, 31.05 Archies 51.15, 51

50.55, 52.25, 50, 51.50 Arvind Rem. 3.65, 3.50, 3.60

3.45, 3.65, 3.45, 3.60 Asahi (I) Gl 41.90, 42.40, 41.05,41.20

42, 42.45, 41.10, 41.10 Ashapura Min 92Ashima 13

12, 12, 12, 12 Ashok Ley.Fn 50, 49, 49.65

49.70, 49.80, 49.50, 49.60 Asian Elect. 20.25, 20.80, 20.20

20.50, 20.50, 20.50, 20.50 Asian Hotels 74.55, 74

75.85, 75.85, 73.80, 73.85 Assam Co. 10.70, 11.20, 10.60,10.85Astrazen.Ph. 340, 352.95

354, 354, 343, 343 Atcom Techno 9.90, 10, 9.70,9.75

9.90, 10, 9.65, 9.70 Atlas Copco 257.15, 262, 259Atlas Cycles 66.50, 67, 65.30,65.30 Atul 29.50, 30.05, 29.90Auto Axles 81.45, 80.05Avanti Feeds 22.05, 22Avery (I) 16.50, 17.40, 17.35Avon Organic 30.10, 30.50,28.85, 28.95

BBajaj Auto F 49, 50, 48.50,49.95

50, 50, 48.25, 48.95 Bajaj Elec. 21, 24.50, 21.20Bajaj Hindus 70.50, 69, 72

69, 72, 69, 72 Bajaj Tempo 99.35, 99.40,

95.15Bal Pharma 18.20, 17.80Bal.Law.Vanl 11.05Balaji Dist. 5.20, 5.50, 5, 5.45

5.20, 5.60, 5.15, 5.45 Balkrish Ind 47.85, 48.40, 47, 47.55Balmer Law.I 47, 45, 45.60Balmer Lawri 81, 81.70, 81, 81.70 Balrampur Ch 107.10, 107, 107.50

99, 108.95, 99, 108 Banco Prod. 45.30, 45.80, 45.25Bank of Punj 15.90, 16.05, 15.75,15.90

16.10, 16.15, 15.75, 15.85 Bank of Raj. 16.20, 15.85, 16.05

15.90, 16.10, 15.85, 16 Bannari Aman 98.65, 98.65, 98.65,98.65 Bayer (I) 856, 921.95, 852.35, 910.10Bayer ABS 65.75, 63.25

64, 64, 61.55, 62.50 Bayer Diagno 199, 202, 195.70,196.15Berger Paint 69.10, 69, 69.05

69.50, 69.50, 68, 68.10 BF Utilities 7.50, 7.80, 7.55Bhansali Eng 6.60Bharat Bijle 150, 140

Bharat Hotel 27.60, 28, 27.50, 27.55 Bhartiya Int 22, 21

21.10, 21.65, 21.05, 21.05 Bhushan Stl. 27.50, 27.60, 26.80,26.95BI 63.95, 62.70Bihar Caustc 12.35, 12.40, 11.80, 12Binani Inds. 13, 13.70, 12.50, 13.30Birla Corp. 12.75

13, 13.50, 12.70, 12.95 Birla Eric. 9.75, 9.80, 9.50

9.75, 9.80, 9.50, 9.60 Birla Glob.F 11.60, 11.75, 11.60,11.75 Birla Yamaha 13.70, 14.40BITS 1BLB 3.50, 3.75

3.70, 4.10, 3.70, 4.05 Blow Plast 10.50, 10.55Blue Dart Ex 54, 52.70, 53.05

53.80, 54.30, 53, 53.40 Blue Star 87.75, 89.10

89.50, 89.50, 88.65, 89.05 Blue Star In 112, 108.60, 110

110, 114, 108.35, 109.95 BOC 23.50, 24, 23.40, 23.50

23.35, 23.80, 23.35, 23.55 Bombay Burma 38.50Bongaigaon R 18.30, 18.50, 17.95,18.35

18, 18.55, 17.95, 18.40 BPL 26.65, 25.80, 26

25.75, 26.10, 25.60, 26 BPL Engg. 4.15

4.15, 4.35, 4.15, 4.25 Brijlax. Le. 103.40, 103.75, 100.95,101.10BSEL Inform. 10, 10, 10, 10 BSL 21.75, 21.50, 23Burrough Wel 230, 237.90, 229,232.60

CCamlin 48.50, 47.75, 47.85Camph.& All 22.95, 23, 22.55Canara Bank 88.75, 91.50, 87, 88

87.60, 91.70, 87.10, 88 Canfin Homes 29.50

29.30, 29.85, 28.95, 29.15 Caprihans(I) 13, 12.50, 13Carborundum 110

109.30, 110.85, 108.25, 108.25 Carrier Air. 85.05CCL Products 18.10, 18.15, 17.50,17.85Ceat 26.55, 25.90, 26

26.50, 26.85, 25.90, 26.05 Centur. Bank 8.95, 9, 8.25, 8.60

9.25, 9.90, 8.40, 8.60 Cerebra Inte 4.80CESC 16, 16.90, 16.60

16.10, 16.75, 16.10, 16.55 CG Igarshi M 35.70, 35.10, 36

36.50, 36.50, 35, 35.90 Chemfab Alk. 19.25Chemplast Sa 28, 27.40, 27.95

27.80, 27.80, 27.75, 27.75 Chettinad Ce 38.05, 38, 39.65Cheviot Co. 46, 46.45, 45.60, 46Chola.Inv&Fi 39.40, 39.45, 38.55,39.05

38.95, 39, 38.10, 38.95 Chowgule Stm 3.55Ciba Sp.Chem 105.75, 104Cinevistaas 21, 21.30

20.05, 22.30, 20.05, 21.75 City Union B 39.95, 39.80, 40

39, 40.50, 39, 40.15 Clariant (I) 129

128, 128, 128, 128 Classic Diam 36.50, 37, 36.95Clutch.Auto 4.45, 5.45, 5.30Coates (I) 108.45, 108.40

108.10, 108.10, 108, 108 Cochin Minrl 10.65, 11Color Chips 5.25, 5.35, 5.20, 5.30

5.30, 5.35, 5.25, 5.35 Colour Chem 226, 227.70, 224.35,227

225, 227.95, 225, 226.65 Compucom Sof 17.50, 16.10, 16.15Compudyne Wi 13.40, 13.70, 13.30,13.50

13.50, 13.65, 13.20, 13.35 Computech In 4.80, 4.95, 4.75, 4.90

4.90, 5, 4.75, 4.95 Cont.Const. 11.25, 10.20, 11.40Control Prnt 21.25, 21.95, 21.50Core Health. 3.60, 3.95, 3.75

3.55, 3.95, 3.50, 3.95 Corom. Fert. 68.85

65.25, 65.25, 65.25, 65.25 Cosmo Ferr. 7.65, 8, 7.90Cosmo Films 67, 71.15, 65.50, 71.10

66.70, 71.40, 65.45, 71.30 Creative Eye 10.10, 10

9.95, 10, 9.75, 10 Crest Comm. 27.25, 24.25, 24.70

25, 25.20, 24.10, 24.65 CRISIL 254.90, 237.90

246.05, 247, 245, 247 Cybertech Sy 7.70, 7.25, 7.30

7.20, 8.40, 7, 7.30

DDaewoo Motor 1.45, 1.50, 1.45Dalmia Cemen 134, 149.20, 133.25,148.95 Danlaw Tech. 22.70, 20.50Datapro Inf. 0.60, 0.50DCM 6.10, 6.10, 6.10, 6.10 DCM Shr.Con 57, 58.85, 58.35

58, 59.45, 58, 59.45 DCW 10, 9.75, 9.80

9.90, 10.10, 9.75, 9.95 Deccan Cem. 33, 34Deepak Fert. 19.80, 19.40, 19.65

19.50, 19.80, 19.30, 19.70 Deepak Nitr. 38.55, 40, 38.50, 39.65Dena Bank 14.10, 14.80, 13.90, 14

16.75, 16.75, 13.95, 14 Denso (I) 21, 23.30, 22.70DFM Foods 10DGP Windsor 3.20

3.15, 3.15, 3.15, 3.15 Dhampur Sugr 9.85, 9.80

9.35, 9.90, 9.35, 9.85 Dhanalak.Bnk 18, 18.30, 17.85,18.10Dharamsi Mor 5.30, 5.25Dhunseri Tea 13.50, 13.85, 13.50Divi’s Lab 253.15, 254.80, 243.25,246.20

254, 255, 243.50, 246.05 Dolphin Off. 11.50DSJ Comm. 0.40

0.45, 0.45, 0.40, 0.40 Duphar-Inter 113.25, 118, 111

EEicher 29, 25, 28

27.40, 28.15, 27, 28 Eicher Motor 77.90, 80.90, 79

79.05, 80.50, 77.95, 79.75 EID Parry 80, 81, 80.50

82, 82, 80, 81.35 Eimco Elecon 43, 43, 43, 43 Elder Pharma 29.10, 30.25, 29.05,29.95

30, 30, 28.85, 29.35 Elecon Engg. 8.50, 8.90Elect.Kelvin 8.10, 9, 8.05, 8.55Electro.Cast 226, 228.50, 224.50,226.10

230, 230, 224.25, 227.30 Elgi Equip 17.55, 18.40, 17.50, 18

17.75, 17.75, 17.75, 17.75 Elgitread (I 162

150.55, 153.10, 150.55, 153.10 Elpro Inter 18, 16.50, 17.50Emco 25.15, 26.55, 26.25Encore Soft 8, 7.80Eonour Tech. 4.25, 4.40, 3.75, 3.95Epic Enzymes 5.65, 5.55Esab (I) 31.55, 32.10, 30.70

31.50, 32.40, 30.90, 30.90 ESI 14, 14.50, 14, 14.05 Eskay K’N’It 2.40, 2.65Essar Oil 4.25, 4.40, 4.15, 4.25 Essar Ship. 5.60, 5.80, 5.45, 5.60Essar Steel 7.05, 7.10, 6.95, 7

7.05, 7.10, 6.95, 7 ETC Networks 42, 40.60, 41.10Eternit Ever 27.50, 28.55, 28

28, 28, 28, 28 Eveready Ind 11.70, 12.10, 12.05

12.35, 12.35, 11.80, 12 Excel Inds. 69.95, 65, 65.55

67.05, 67.05, 65, 65.55

FFAG Bearings 53.75, 54.80, 54

53.95, 54.30, 53.85, 54 FCGL Inds. 1.35, 1.90, 1.30FCI OEN Con. 76.15

76.10, 76.10, 76.05, 76.10 FCL Techno. 19.75, 20.50, 17.55,19.70 FDC 27.80, 27.95, 26.80, 27

27.25, 27.35, 26.50, 26.60 Fert.&Chem-T 23.90, 24.45, 23.80

25, 25, 23.05, 23.50 Finan.Techno 12, 12.45, 10.90, 11.30First Leasin 17.90, 17.80, 18

17.80, 18, 17.80, 17.95 Flat Product 33, 32.50, 32.60Flex Enginer 7.65

8.50, 8.70, 8, 8 Flex Foods 5.40, 5.80Flex Inds. 17.40, 17.40, 17.25, 17.30 Floatglass 19.50, 20, 19.50

20.15, 20.15, 19.60, 19.65 Fortune Info 42.50, 43.40, 41.50,42.25Foseco (I) 134, 136, 133, 134.20

135.50, 136.90, 133.65, 134.35 Frontier Inf 3.80, 3.50Fulford (I) 64, 63.25, 63.95Futura Poly. 6, 6.05

GGabriel (I) 73, 70.30, 72.50Galaxy Enter 17.95Gammon (I) 117, 118.05, 116.15,117.30 Garden Silk 24.30, 23.80, 24

24.05, 24.40, 24, 24.15 Garware Poly 28.90, 27.65, 28.35Garware Wall 20.25, 21.35Gati 35, 30.55Genesys Intl 34.55, 36.15, 34.70

35, 35, 35, 35 Geodesic Inf 71.50, 74.45, 70, 72.80George Willi 65.45, 62.75, 64

63.50, 64.55, 63.50, 64.25 GIC Housing 11.65, 11.95

11.65, 11.80, 11.65, 11.70 GIVO 1.95Glenmark Pha 206.75, 210, 206,207.55

213, 213, 208.35, 210.30 Global Tr.Bk 14.40, 14.20, 14.35

14.40, 14.40, 14.20, 14.30 GMR Techno. 9.05, 9.10, 9.05Goa Carbon 32, 31.10, 31.90Godavri Fert 32.60

32.60, 33, 32.60, 32.75 Godfrey Phil 300, 314, 297, 309.50 Godrej Cons. 108.55, 109.50, 108.50,109.15

110, 110, 108.50, 109.05 Godrej Inds. 14.40, 14.50, 13.90, 14

13.80, 14.05, 13.80, 14 Goetze (I) 20, 20.85, 19.95

20, 20, 19.80, 19.85 Goldiam Int. 24.10, 24.45, 23, 23.90Goldstn.Tech 26.15, 26.40, 26

26, 26.65, 25.60, 26 Goldstn.Tele 8.60

8.70, 8.80, 8.65, 8.70 Gonter Peip 3.60, 3.70, 3.30, 3.40Goodlass Ner 164, 159

158.80, 160, 157.10, 157.55 Goodricke 23.75, 25.15, 24.95Goodyear (I) 25.85, 29.90, 25.50,26.65Grabal Al.Im 13, 9, 10.05Graphite Ind 29.90, 30.35, 30.05

29.90, 30.15, 29.80, 30.15 Grauer & Wei 17, 16.50Gravity (I) 5.90, 5.85Greaves 11, 11.25Grind Norton 103, 103.75, 97.75, 101Gruh Finance 17.40, 17.50, 17.05GTC Inds. 4.85, 4.80, 5.90

5.10, 6.10, 5, 5.60 GTN Textiles 24.20, 24.75, 23.55

24.50, 24.50, 20, 24.05 Gufic Bio Sc 26.40, 25.65Guj.Alkalies 19.05, 19.65, 18, 18.50

19.70, 19.70, 17.65, 18.40 Guj.Amb.Exp. 10.10, 10.85, 10.50

10.20, 10.95, 10.20, 10.95 Guj.Flouroch 64.05

66.65, 67.20, 66.50, 66.50 Guj.H.Chem 19.95, 20, 19.85, 19.90

21.90, 21.90, 19.75, 19.85 Guj.Ind.Pow. 17.30, 17.45, 17.15,17.20

17.20, 17.50, 17.10, 17.30 Guj.Sidh.Cem 3.10, 3.30, 3.15

3.20, 3.25, 3.10, 3.15 Gulf Oil Cor 42.50

HHarr.Malayal 9.40, 10, 9.20, 9.50

9.75, 9.75, 9.35, 9.35 Hathway Bhaw 6, 6.35Havell’s (I) 115, 109.50, 116.75

110, 110, 107.50, 107.50 Hazoor Media 6, 6.25, 5.60, 5.75HBL Nife Pow 42, 42.50, 38.10, 41.80HEG 31.50, 26.65, 26.70

26.90, 27.50, 26.80, 26.85 Helios & Mat 16.80, 17.75, 16.25,17.05Henkel Spic 17.50, 17.75, 17.60Heritage Fds 45

45.65, 47.10, 45.50, 47 Hi-Tech Gear 80Hikal 100

97.50, 100, 97.30, 97.55 Himat. Seide 102.50, 101

101, 103, 101, 101.25 Hind.Constn. 65.35, 65.60, 64, 64.35

66.05, 66.10, 64.15, 64.60 Hind.Inks&Re 273.95, 267.15, 270

270, 270.30, 266.20, 267.40 Hind.Motors 7.80, 7.85, 7.75

7.90, 7.90, 7.75, 7.80 Hind.Org.Chm 16.10, 16.35, 15.90,15.95

16.10, 16.25, 15.85, 15.95 Hind.Power 28.20, 28.05, 28.25Hind.Sanitar 40

39.05, 39.95, 39.05, 39.95 Hitachi Home 24.50, 23.50, 23.80

23, 23.80, 23, 23.25 Honda SIEL P 120

121.65, 121.65, 120, 120.75 Hotel Leela. 14.20, 13.85, 13.90

14.10, 14.40, 13.90, 14.05

Ii-flex Solu 840, 855, 811, 851.20

840, 860, 810, 848 IFCI 4.35, 4.40, 4.30

4.35, 4.40, 4.30, 4.35 IL&FS Invt.M 17, 17.80, 17, 17.80 Ind.Swift 46, 43.90, 44.30

Ind.Swift La 15.80, 14.95, 15.3515.45, 15.45, 15, 15.20

India Foils 4.354.45, 5.85, 4.45, 5.60

India Glycol 37.70, 38.50, 38.30India Nippon 177.95, 178, 166,172.45

174, 175, 171, 175 India Online 4, 4.40, 3.75, 4.15India Polyfi 2.40, 2.95, 2.90Indian Card 39.75, 39.80, 38.85,39.70

39.50, 39.50, 39.50, 39.50 Indian Hume 592, 590Indian Resor 41.50Indian SeamM 9, 9.40, 9Indo Gulf Fe 36, 36.25, 35.25, 36.10

34.50, 36.60, 34.50, 36.35 Indo Nationl 337, 337, 330, 330 Indo Rama Sy 27.90, 28, 27.50,27.70

28.05, 28.05, 27.45, 27.75 Indraprast.M 11.85, 11.90, 11.80,11.85

14, 14, 11.65, 11.90 Indus.Inv.Tr 15.10, 14.70Indusind Bnk 18.25, 18.30, 17.95,18.10

18.15, 18.35, 17.90, 18.15 ING Vysya Bk 246.05, 247.15,244.05, 246.25

246, 251, 245, 246.85 Insilco 13.30, 13.50, 13.15, 13.25Inter.Travel 25.50, 26.65, 26Invest.Trust 12.90, 13, 12.05Ion Exchange 20.20, 21, 20.15, 20.75IPCA Lab. 177, 179.90, 175.55, 176

179, 179, 175.10, 175.65 Ispat Inds. 4.65, 4.50, 4.55

4.65, 4.65, 4.50, 4.50 IT & T 12.10, 12.40, 11.60, 11.90

12.50, 13.35, 12, 12.05 ITC Hotels 46

43.05, 47.45, 43.05, 45.10 IVP 18.15, 18IVRCL Infras 44, 45, 44.50

44.80, 44.80, 44.15, 44.55

JJagatjit Ind 19.35, 20.65, 19, 20Jagsonpal Ph 85, 86, 85.90

82.50, 82.50, 75.55, 75.55 Jai Corp 34, 32, 32.50Jain Irrig. 37.10, 38.05

38, 39, 38, 39 Jain Studios 12.85

12.75, 12.75, 12.50, 12.55 Jaipan Inds. 9.85, 10.20, 9.80, 10.05Jay Bh.Marut 23.50, 27.25, 27.10

28, 28, 27, 27 Jayant Agro 48

48.50, 49, 47.20, 49 Jaypee Hotel 9.50Jayshree Tea 31.70JBF Inds. 11, 9.15, 9.85JCT 3.40, 3.60, 3.40Jenson&Nicho 4.50, 4.50, 4.25, 4.35 JIK Inds. 24.50, 22, 23.85

23.80, 23.90, 21.85, 22.85 Jindal Drill 117.10, 117.05Jindal Iron 83, 84.40, 80.10, 81.50

81.90, 84.50, 80.10, 81.40 Jindal Photo 24.25, 23.55

23.25, 24.20, 23.25, 23.60 Jindal Poly. 108, 108, 104.50, 105.30 Jindal Strip 162, 162.45, 155.50,156.20

162, 162.40, 155.30, 156.65 JJ Exporters 27JK Corpn. 10.50JK Inds. 24, 23.35, 23.50JK Synthetic 2.75, 3, 2.70, 2.95JMC Projects 17.70, 17.75, 17.50,17.55Jubilant Org 148.90, 145, 162.80

147.90, 160.60, 146.70, 156.50 Jupiter BioS 36.75, 37, 36.40, 36.45Jyoti Struct 13.45, 13.45, 12.40,12.55

KKaashyap Rad 1.10, 1Kabra Extr 30.85Kajaria Cer 19.95, 23.50, 22.60

19.80, 23.40, 19.80, 22.40 Kakatiya Cem 23.70

23.90, 24.45, 22.50, 24.45 Kale Consul. 26.35, 25.50, 25.85

26.50, 26.50, 25.50, 25.80 Kalpa.Power 36.50, 37, 36

35, 37.10, 35, 36.75 Kalyani Stel 12, 12.50, 11.95, 12.05Kanoria Chem 42, 42, 40.70, 40.70 Karnatak Bnk 55.10, 56.40, 55.75

56.10, 56.70, 55.50, 55.70 Karur Vysya 177, 178, 175

179.40, 179.40, 174.50, 175.25 KDL Biotech 11.70, 12.10, 10, 10.95

11.40, 11.40, 10.55, 11 KEC Inter. 11.50, 11.55, 11.10, 11.20

11.75, 11.75, 11.10, 11.20 Kerala Chem. 14, 14.10, 13.80, 14Kesoram Inds 27.80, 28, 27.75, 27.80

27.80, 28.10, 27.60, 27.65 KG Denim 7.20, 7, 7.35Khandwala Se 7, 7.50, 6.70, 6.75 Khoday (I) 10, 9.75Kinetic Eng. 63.95, 64.10, 63.95Kinetic Moto 26.25, 26.20, 26.50Kirloskar Br 100, 102, 101Kirloskar Oi 67, 69, 66.05, 67.80

65.90, 70, 65.85, 69.80 Kit-Ply Ind. 3, 3.55, 3.35

3.55, 3.55, 3.10, 3.30 KLG Systel 24.80, 25, 24.50, 24.95

25, 25, 24.20, 24.60 Kopran 22, 22.10, 21.55, 21.85

22.10, 22.10, 21.50, 21.55 Kothari Prod 166, 167.45, 165, 165 KPIT Cum.Inf 145.45, 148.50, 139,141.35

145.50, 147.45, 138.10, 141.45 KRBL 18.25

18, 18, 18, 18 Krebs Bioche 92.55, 95.65, 94.35Krishna Life 1.45, 1.40, 1.45Krone Comm 52.05, 54, 52KSB Pumps 58.10, 58.45, 58, 58.35

60, 60, 59, 59.50

LLakhani (I) 95, 90, 90.20Lakshmi Au.C 62.50, 62.05, 63

64.75, 64.75, 62.75, 63.10 Lakshmi Elec 28.20, 28Lakshmi Mach 952.25

1000, 1000, 1000, 1000 Lanco Inds. 8.70, 8.95, 8.70Landmarc Lei 13.70, 12, 12.20LCC Infotech 3, 3, 2.75, 2.75 LG Balkrish 68.75, 73.50, 68.75,73.50 Liberty Shoe 51.50, 54

54.75, 56.85, 54, 54.35 Lloyds Steel 1.85, 1.80, 1.90

1.85, 1.85, 1.80, 1.80 Logix Micro. 14.90, 15.40, 13, 13.75Lumax Ind 26.20, 26.20, 25.65, 25.65 Lyka Labs 22.75, 24, 22.55, 23.45

22, 23.30, 22, 23.25

MMaars Soft 9.25, 8.80, 8.95

9.05, 9.20, 8.80, 8.90 Macmillan (I 131.75, 132.30, 132

133.90, 134.55, 131.80, 132.20 Madhav Marb. 13.50Madhucon Prj 14Madras Alum 52.10Madras Cem. 3380, 3489

3400, 3440, 3400, 3431.25 Madras Fert. 8.50

8.25, 8.40, 8.25, 8.30 Madura Coats 39.05, 39.20, 39.05,39.20 Mah.Scooter 63.50, 64.25

63.05, 65, 63.05, 64.80 Mah.Seamless 138.75, 139.90,137.50, 138.80

138.70, 138.70, 137.75, 138.35 Mahavir Spg. 64, 63.80, 64

65, 65, 63.50, 64.50 Mahind.Gesco 12.10, 12.70

12.55, 13.20, 12.55, 12.95 Mahindra Ugi 8.10, 8.15, 8

8.90, 8.90, 8, 8.05 Majestic Aut 27, 25.50, 26.05Malwa Cotton 21.75, 22.50, 21.75,22.50 Man Inds.(I) 19, 19.15, 18.10, 18.25Mangalam Cem 8.50

8.25, 8.35, 8, 8 Manglr.Chem 3.95, 4.10, 3.80, 3.90Manugraph In 25, 24Maral Overs 11.25, 13.15, 11, 12.80

13.05, 13.30, 12.95, 13.10 Mascon Globl 10.05, 9.70, 9.80Matrix Lab. 272, 274, 264, 268.90Matsush.Tele 4.25, 4.20, 4.25

4.45, 4.45, 4.40, 4.40 Matsushita L 30.50Medicorp Tec 37.90, 39, 35.55, 35.65

37, 38, 35.75, 36.05 Mefcom Capit 7Mega Corpn. 4.50, 5Melstar Info 17.25, 13.90, 14.15

14.30, 14.60, 13.85, 14 Mercator Lin 24.60, 24.50Metroche.Ind 16.25, 18, 17.55MICO 3740

3700, 3725, 3630, 3693.35 Mid-Day Mul. 13.40, 13.45, 13.15,13.20

13.50, 13.80, 13.10, 13.10 Mindteck 14.30, 14.25Mirza Tanner 32, 32.90, 32.85

32.10, 32.70, 32.10, 32.60 Mobile Tele 3.75Modipon 17.35Monalisa Inf 0.50, 0.45Monnet Ispat 17.10, 16.60, 16.65Monsanto (I) 480, 475, 479

480, 480.05, 472.75, 480 Morarjee Goc 6.65, 6.50, 6.55

6.55, 6.55, 6.50, 6.55 Morepen Lab 14.60, 14.80, 14.15,14.25

14.75, 14.75, 14.15, 14.25 Morgan Stan 8.40, 8.55, 8.50

8.40, 8.55, 8.40, 8.50 Motherson SS 76.25, 68, 69.95

70,70, 70, 70 Mro-Tek 12.70, 12.90, 12.55, 12.65

12.80, 12.80, 12.55, 12.65 MRPL 9.20, 9.05, 9.10

9, 9.30, 9, 9.10 Mukand 11.30, 11.20, 12

11.20, 11.95, 11.20, 11.80 Mukand Engrs 9.20, 9.25

9.25, 9.30, 9, 9.30 Munjal Auto 29, 28, 28.70Munjal Showa 125, 123.30

137.40, 137.40, 125, 125 Murd.Ceram 9.70, 8.55, 9.75Mys.Cement 5.70, 5.80, 5.70

5.80, 5.80, 5.80, 5.80

NNagar.Agrich 14.50Nagar.Const. 39, 41.45, 40.60Nagar.Fertil 4.35, 4.40, 4.30

4.45, 4.45, 4.30, 4.30 Nahar Export 18.20, 18.50, 18.45

19.45, 19.45, 18.30, 18.55 Nahar Indl.E 11.60, 12.15, 11.85Nahar Intl. 4.35

4.30, 4.45, 4.30, 4.45 Nahar Spg. 66.30, 66.50, 65.85,66.20

67, 67.40, 65.90, 66.25 Narmada C.Pe 12.25, 12.70, 12.20,12.65

11.40, 13, 11.40, 12.75 Narmada Cem. 21.70, 26, 25.95Natco Pharma 28

28.95, 29, 28.20, 28.20 Nath Seeds 5.80, 5.60

5.80, 5.85, 5.60, 5.65 National Fer 34.80, 31, 31.35National Per 498, 520.20, 500National Ste 6.25, 6.20

6.50, 6.50, 6.20, 6.25 Nava Bh.Ferr 39.50, 40, 39, 39.25 Navneet Pub. 115, 117, 116.65

111.05, 115, 110.50, 115 NCL Inds. 4.25, 4.55, 4.45Nelco 26, 26.10, 25.70, 25.75

26.25, 26.25, 25.60, 25.75 Neuland Lab. 38.50, 40.20, 39.60Nilkamal Pls 22.65, 23.70

23.10, 23.60, 23.10, 23.20 NOCIL 5.25, 5.45, 5.20, 5.35

5.05, 5.50, 5.05, 5.20 Nova Petro. 46.20, 46.20, 43, 43.45 Novopan Inds 29.50, 28.55, 28.85

32.50, 32.50, 32.50, 32.50 NRB Bearings 72.85, 68, 70.70

70, 72, 68.60, 69.85 NRC 6, 6.25, 5.90, 6

6.25, 6.25, 6.05, 6.05 Nucleus Soft 66, 68.20, 63.35, 64.10

66, 66.50, 62.70, 63.30

OOdyssey Tech 8.90, 8.80, 9.05Oil Country 7.05, 7.25, 7, 7.15 Omax Autos. 29.40, 30.15, 28.80,29.55

29.95, 30.80, 29.50, 29.95 Ondeo Nalco 375, 379, 375Onward Techn 22.40, 22.70, 21.60,22.45

22.10, 22.85, 21.70, 22.50 Optel Teleco 4.35, 4.30, 4.85Opto Circuit 32, 32.25, 29, 29.35Orbit Multi 0.75Orchid Chem 68.30, 70.70, 69.05

69.90, 69.90, 68, 68.40 Orient Info. 31.95, 31, 31.20

31.35, 31.90, 30.80, 31.10 Orient Paper 14.65, 14.60

14.45, 14.65, 14.45, 14.60 Oriental Con 13.60, 15Oriental Hot 71.10, 71.10, 71.10,71.10 Oswal Chem. 3.50, 3.65, 3.60

3.65, 3.70, 3.60, 3.60

PPanacea Biot 26.15, 26.50, 25.20,26.40 Pantaloon Re 46, 45, 46

45.60, 46.70, 45, 45 Paper Prod. 114, 112

113.55, 113.55, 110, 110.65 Paramount Co 5.85Parekh Plati 7.25, 7.55, 7.15

7.10, 7.30, 7.05, 7.10 Parry’s Conf 72, 72, 72, 72 Patspin (I) 9.25, 9.80, 9.25, 9.75 PCS Inds. 16, 16.60, 15.35, 16.20Pennar Alum. 1.90, 1.85Pentagon Glo 1.55, 1.70, 1.50Pentasoft Te 5.90, 5.65, 5.80

5.15, 6, 5, 5.70 Pharmacia He 94, 95, 92.50

99.25, 99.25, 90.50, 91.90 PHIL Corpn. 4.65, 4.70, 4.10

4.15, 4.50, 4.05, 4.50 Philips Glas 13, 13.60Phillip Carb 16.50, 17.75

17.50, 18.85, 17, 17.40 Phoenix Lamp 10.50, 10.80, 10.20,10.30Plastiblend 35PNB Gilts 23.25, 23.35, 23.05, 23.20

23, 23.30, 23, 23.05 Polyplex 37.70, 38.50, 37.15, 37.70

38.20, 38.60, 37.75, 37.85 Porrits&Spen 64, 68.60, 64.70Praj Ind. 44, 39.70, 40.10

37.05, 41.40, 37.05, 40.15 Precision Wr 19.55, 20

20.05, 20.35, 19.15, 19.30 Premier Auto 4.75, 4.90, 4.50, 4.55Premier Inst 160, 147, 147.35

150, 152, 150, 152 Prism Cement 4, 4.10, 4

4.05, 4.10, 4.05, 4.10 Pritish Nand 17.10, 17.50, 17, 17.30

17.20, 17.65, 17.05, 17.35 Priyad.Cemen 8.45, 8.50, 8.10

8.25, 8.50, 8.25, 8.50 PSI Data Sys 45, 46.25, 46.15

48, 54, 43.80, 46.35 PSL 41, 41.50, 40.80, 41.40

34, 41.95, 34, 41 Pudumjee Pul 18.45

17.85, 18.30, 17.85, 18.25 Pun.Alkali 9, 9.50, 8.75, 9.35Pun.Chemical 79.35, 79.50, 77.05,79.30Pun.Communi. 39.15, 40.10, 38.75,39.40Pun.Nat.Bank 107, 108.95, 103.50,106.05

105.50, 109, 103.55, 106.15

RRain Calcing 8.50, 8.20, 8.25

8.40, 8.45, 8.20, 8.25 Raj.Spg.&Wvg 16.05, 15.25

16.50, 16.50, 15.05, 15.15 Rajesh Exp 61, 61.50Rajshree Sug 9.50, 9.40

9.30, 9.70, 9.15, 9.50 Rallis India 56.50, 55, 55.10

56.10, 56.10, 55, 55.15 Rama Newspri 2.55, 2.50

2.55, 2.65, 2.50, 2.55 Ramco Inds. 130.70, 139.85

137.35, 140.80, 134.20, 139.30 Ramco Systm 400.20, 414, 396,407.10

411, 414, 395, 406.40 Rane Brake 119.50, 128.90, 119,128.85Rane Madras 32.25, 32.55Rayban Sun O 48, 48.50, 47.10,47.70Reg.Ceramic 20.30, 21.50, 20.80

21.35, 21.50, 21.30, 21.50 Rel.Ind.Infr 36.75, 38.70, 38.55

37.85, 38.90, 37.45, 38.50 Relaxo Footw 14.95, 14, 14.75Revathi Equ. 110, 110.90, 105.25,106.35Rico Auto 99, 106, 104

104.90, 107, 96.05, 102.15 RPG Cables 6.15, 6

6.20, 6.20, 6.15, 6.20 RPG Life Sci 26, 25.80

26.10, 27.15, 25.90, 26.15 RPG Transmi. 4.30, 4.30, 4.30, 4.30 RS Software 21, 21.40, 20.55, 21.25

21, 21.20, 20.50, 20.70 Ruchi Soya 31.10, 32.30, 30.60,31.40

32.40, 33.40, 31.35, 32

SS Kumars Nat 3.25, 3.25, 3.25, 3.25 S.I.Bank 39.60, 39.30, 39.40

39.90, 40.05, 39.30, 39.45 S.I.C.Agency 6.80, 6.85, 6.35

6.15, 6.80, 6.15, 6.80 Sabero Org. 4

4.05, 4.25, 3.95, 3.95 Saint-Gobain 8.40, 8, 8.25Salora Int. 38.25, 39.30, 38.25

38, 38.80, 37.85, 38.30 Samkrg Pist. 28, 28.50Samtel Color 21.10, 21.90, 21.75

21.30, 21.80, 21, 21.70 Sandesh Ltd. 95.95, 104

95.10, 97.25, 95.10, 97 Sangam (I) 12.90, 13.50

12.90, 13.70, 12.90, 13.70 Sanwaria Agr 13.60, 14.60, 13.55,14.45Saregama (I) 44.10, 44.50, 43.65,43.85

41.60, 44.70, 41.60, 44.35 Satnam Over. 21.25, 18.30

19.60, 19.60, 18.50, 18.55 Satvah.Ispat 5.20, 5.25, 5.20Saurash.Cem. 9.50Savita Chem. 53.55, 56.40, 54.40

54.10, 55.20, 53.55, 53.80 SBI Home Fin 7.45, 7.90, 7

6.80, 7, 6.75, 7 Schenec.Beck 52.70, 50, 52.50Schenec.Herd 21.25, 21.20Search Chem. 9.10, 9.70, 9, 9.15

9.05, 9.20, 9, 9 Selan Explor 8.10, 8, 8.05Sesa Goa 73, 77.40, 72, 75.55

73, 77.40, 72.25, 75.70 Sesha.Paper 31.75, 31.25, 32

32.65, 32.65, 31.75, 32.10

As on 16/04/2003Benchmark Mutual Fund Nifty BeES 96.52 — —Nifty Junior BeES 132.22 — —Birla Sunlife Mutual Fund Advantage (A) 23.66 23.90 23.66Advantage (B) 23.66 23.90 23.66Balanced (D) 8.93 9.02 8.93Balanced (G) 8.93 9.02 8.93Bond Plus (D) 10.49 10.49 10.49Bond Plus (G) 11.15 11.15 11.15Cash Plus (G) 16.33 16.33 16.33Cash Plus (Reinv) 10.79 10.79 10.79Cash Plus Inst. (G) 16.33 16.33 16.33Cash Plus Retail (D) 16.32 16.32 16.32Dividend Yield Plus(D) 10.09 10.09 10.09Dividend Yield Plus(G) 10.09 10.09 10.09Equity 12.49 12.49 12.49FMP 1Yr 5A(D) 10.52 10.52 10.52FMP 1Yr 5A(G) 10.52 10.52 10.52FMP Long Term - A (D) 11.07 11.07 11.07FMP Long Term - A (G) 11.07 11.07 11.07FMP Long Term - E (G) 10.89 10.89 10.89FMP Q’ly Group 1 (D) 10.96 10.96 10.96FMP Q’ly Group 1 (G) 11.18 11.18 11.18FMP Y Group 1(G) 10.65 10.65 10.65Gilt Plus Invst.(A-D) 11.36 11.36 11.36Gilt Plus Invst.(B-G) 17.51 17.51 17.51Gilt Plus Long (A-D) 11.70 11.70 11.70Gilt Plus Long (B-G) 19.24 19.24 19.24Gilt Plus Lq.(A-D) 10.50 10.50 10.50Gilt Plus Lq.(B-G) 14.77 14.77 14.77IT A (D-Payout) 10.28 10.38 10.28IT A (D-Reinv) 10.28 10.38 10.28IT B (G) 11.95 12.07 11.95Income Plus (A-D) 10.63 10.63 10.63Income Plus (B-G) 26.20 26.20 26.20Income Plus Instnl B(G) 26.27 26.27 26.27Income Plus Instnl. A(D) 26.27 26.27 26.27Index Fund (D) 9.85 9.90 9.85Index Fund(G) 9.85 9.90 9.85MIP A (D) 10.54 10.54 10.54MIP B (G-Payout) 13.40 13.40 13.40MIP C (G-Payout) 13.40 13.40 13.40MNC A (D-Payout) 21.82 22.04 21.82MNC A (D-Reinv) 21.82 22.04 21.82MNC B (G) 27.33 27.60 27.33Midcap (D) 9.70 9.80 9.70Midcap (G) 10.21 10.31 10.21Sweep Plan (D) 10.03 10.03 10.03Sweep Plan (G) 10.22 10.22 10.22Canbank Mutual Fund Canbonus 7.18 7.31 7.18Cancigo 11.08 11.08 11.08Cancigo (G) 11.74 11.74 11.74Canequity Tax Saver 9.28 9.35 9.28Canexpo 10.76 10.96 10.76Canexpo (G) 10.76 10.96 10.76Canganga 7.57 7.70 7.57Cangilt PGS (D) 10.55 10.55 10.55Cangilt PGS (G) 16.09 16.09 16.09Canglobal 4.44 4.52 4.44Canincome (B) 10.32 10.32 10.32Canincome (I) 10.32 10.32 10.32Canincome(G) 10.62 10.62 10.62Canliquid (D) 10.05 10.05 10.05Canliquid (G) 10.94 10.94 10.94Canpremium 12.78 13.00 12.78Canpremium (G) 13.54 13.78 13.54Cantriple 18.76 19.09 18.76Chola Mutual Fund FMP Q’ly (D) 10.03 10.03 9.98FMP Y’ly (Cum) 10.64 10.64 10.64FMP Y’ly (D) 10.03 10.03 9.83Fr.In.-STF (HY’ly) 11.00 11.00 11.00Freedom Income (C) 17.40 17.40 17.40Freedom Income (R) 10.15 10.15 10.15Freedom Income-Inst Cum 17.40 17.40 17.40Freedom Tech.(Cum) 7.46 7.61 7.46Freedom Tech.(Reg) 4.73 4.82 4.73Gilt Invst.(Cum) 15.72 15.72 15.72Gilt Invst.(Reg) 10.34 10.34 10.34Gilt Series (Cum) 13.16 13.42 13.03Gilt Series (Reg) 13.16 13.42 13.03Growth (Cum) 12.24 12.49 12.24Growth (Reg) 10.26 10.46 10.26Liq.-Cumulative-Inst Cum 12.22 12.22 12.22Liquid Instl. Cum 10.09 10.09 10.09Liquid Instl. Div.Pay 10.78 10.78 10.78Lq. (Cum) 12.22 12.22 12.22Lq. (Reg) 11.33 11.33 11.33Lq. Sr. Apr-06 (Reg) 11.87 11.87 11.87Triple Ace (B) 11.84 11.84 11.84Triple Ace (Cum) 21.31 21.31 21.31Triple Ace (Reg) 11.40 11.40 11.40Deutsche Mutual Fund Alpha Equity 9.47 9.61 9.47Insta CP-Weekly(D) 10.12 10.12 10.12Insta Cash Plus 10.13 10.13 10.13Premier Bond (Reg) 10.12 10.12 10.07Premier Bond Instt. 10.13 10.13 10.13Short Maturity Fund 10.14 10.14 10.14DSP Merrill Lynch Mutual Fund Balanced (D) 9.29 9.29 9.15Balanced (G) 10.38 10.38 10.22Bond (D) 11.81 11.81 11.81Bond (G) 21.36 21.36 21.36Bond Fund Inst. 10.27 10.27 10.27Equity 13.38 13.65 13.38Govt.Sec. (A-D) 12.81 12.81 12.79Govt.Sec. (A-G) 19.62 19.62 19.61Govt.Sec. (B-D) 10.89 10.89 10.89Govt.Sec. (B-G) 13.92 13.92 13.92Liquidity (D) 12.41 12.41 12.41Liquidity (G) 14.75 14.75 14.75Opportunities 8.42 8.59 8.42Savings Plus 10.06 10.06 10.06Short Term 10.47 10.47 10.47Technology.Com 3.97 4.05 3.97Top 100 9.98 10.18 9.98Escorts Mutual Fund Balanced (D) 11.29 11.43 11.29Balanced (G) 12.53 12.68 12.53Gilt (D) 11.85 11.85 11.85Gilt (G) 12.96 12.96 12.96Growth (G) 11.78 11.96 11.78Growth (D) 10.78 10.94 10.78Income (D) 10.53 10.53 10.53Income (G) 18.26 18.26 18.26Income Bond (D) 9.50 9.50 9.50Income Bond (G) 11.25 11.25 11.25Opportunities (D) 10.35 10.35 10.35Opportunities (G) 11.94 11.94 11.94Tax (D) 9.62 9.62 —Tax (G) 9.62 9.62 —First India Mutual Fund Gilt 10.79 10.79 10.79Growth 9.74 9.93 9.74Income 10.82 10.82 10.82Income Fund (D) 10.36 10.36 10.36Liquid (D) 10.33 10.33 10.33Liquid (G) 10.82 10.82 10.82Short Term 10.47 10.47 10.47

Short Term (D) 10.26 10.26 10.26Tax Gain 33.39 34.06 33.39Franklin Templeton Mutual Fund FT Balanced (G) 9.26 9.26 9.45FT Gilt Invst (G) 13.05 13.05 13.05FT Gilt Invst (M’ly B) 12.22 12.22 12.22FT Gilt Invst (Q’ly) 11.26 11.26 11.26FT Gilt Liquid (G) 11.18 11.18 11.18FT Gilt Liquid (M’ly) 12.22 12.22 12.22FT Index - BSE 9.15 9.15 9.24FT Index - Nifty 9.45 9.45 9.54FT Monthly Income (G) 13.36 13.36 13.36FT Monthly Income (M’ly B 12.39 12.39 12.39FT Monthly Income (M) 10.71 10.71 10.71FT Monthly Income (Q) 10.76 10.76 10.76FT PE Ratio 8.62 8.62 8.79Franklin Balanced(D) 10.14 10.29 10.14Franklin Balanced(G) 10.55 10.71 10.55Franklin Bluechip (D) 11.76 11.76 12.00Franklin Bluechip (G) 23.13 23.13 23.59Franklin FMCG 10.14 10.14 10.34Franklin Growth 5.46 5.57 5.46Franklin Index 7.34 7.41 7.34Franklin Index Tax 7.50 7.58 7.50Franklin Infotech (D) 7.52 7.52 7.67Franklin Infotech (G) 11.00 11.00 11.22Franklin Internet Opp 4.26 4.26 4.35Franklin Pharma 8.33 8.33 8.50Franklin Prima (D) 15.22 15.22 15.52Franklin Prima (G) 29.70 29.70 30.29Franklin Prima Plus (D) 12.83 12.83 13.09Franklin Prima Plus (G) 23.54 23.54 24.01Franklin Taxshield (D) 11.41 11.41 11.64Franklin Taxshield (G) 24.28 24.28 24.77T Children’s Asset 18.24 18.24 18.24T Floating Rate In LT (D) 10.14 10.14 10.09T Floating Rate In LT (G) 10.88 10.88 10.82T Floating Rate In ST (D) 10.01 10.01 10.01T Floating Rate In ST (G) 10.86 10.86 10.86T G Sec (D) 11.59 11.59 11.53T G Sec (G) 20.44 20.44 20.34T G Sec Tr (D) 10.48 10.48 10.48T G Sec Tr (G) 11.37 11.37 11.37T IBA (D) 11.03 11.03 11.03T IBA (G) 21.79 21.79 21.79T IBA (H-Y’ly) 14.70 14.70 14.70T IBA (Instl Plan) 10.98 10.98 10.98T IBA (M’ ly) 14.90 14.90 14.90T IBA (M’ly B) 19.61 19.61 19.61T IBA (Q’y) 14.69 14.69 14.69T Income (D) 11.20 11.20 11.14T Income (G) 22.16 22.16 22.05T India Growth 12.73 12.98 12.73T Liquid (D - D’ly) 10.00 10.00 10.00T Liquid (D) 10.00 10.00 10.00T Liquid (G) 15.02 15.02 15.02T MMA 1.00 1.00 1.00T Monthly Income (G) 13.44 13.44 13.38T Monthly Income (H-Y’ly) 10.41 10.41 10.35T Monthly Income (M’ly) 10.32 10.32 10.27T Monthly Income (Q’ly) 10.25 10.25 10.20T Pension Plan (D) 11.50 11.50 11.67T Pension Plan (G) 19.93 19.93 20.23T ST Income (G) 1103.29 1103.29 1103.29T ST Income (M’ly) 1021.98 1021.98 1021.98T ST Income (Q’ly) 1015.14 1015.14 1015.14T ST Income (W’ly B) 1042.25 1042.25 1042.25T ST Income (W’ly) 1092.70 1092.70 1092.70T TMA (G) 1509.22 1509.22 1509.22T TMA (W’ly) 1244.83 1244.83 1244.83T TMA (Wkly B) 1401.65 1401.65 1401.65T TMA (Y’ly) 1147.24 1147.24 1147.24GIC Mutual Fund Balanced 10.31 10.52 10.21D’Mat 7.69 7.84 7.69Debt (G) 10.47 10.47 10.47Fortune 94 6.64 6.77 6.64G Plus II 9.91 10.11 9.81Gilt (G) 10.37 10.37 10.37Liquid (G) 10.75 10.75 10.75HDFC Mutual Fund Balanced 10.37 10.52 10.37Childrens Gift-Invst. 11.83 11.95 11.83Childrens Gift-Savings 12.87 12.99 12.87FRI-(L) 10.14 10.14 10.14FRI-(S) 10.14 10.14 10.14Gilt Long Term (D) 10.56 10.56 10.56Gilt Long Term (G) 13.98 13.98 13.98Gilt Short Term (D) 10.16 10.16 10.16Gilt Short Term (G) 11.64 11.64 11.64Growth 8.33 8.49 8.33Idx-Nifty(FV 10.33) 9.65 9.65 9.55Idx-Sensex(FV 32.16) 30.47 30.47 30.16Idx-SensexPl(FV 32.16) 31.36 31.36 31.04Income (D) 10.85 10.85 10.85Income (G) 14.67 14.67 14.67Income Premium Plus (D) 10.86 10.86 10.86Income Premium Plus (G) 14.67 14.67 14.67Income-Premium (D) 10.86 10.86 10.86Income-Premium (G) 14.67 14.67 14.67Liquid (D) 10.06 10.06 10.06Liquid (G) 12.06 12.06 12.06Liquid-Premium (D) 11.91 11.91 11.91Liquid-Premium Plus (D) 11.91 11.91 11.91Liquid-Premium Plus (G) 12.06 12.06 12.06Liquid-Premium(G) 12.06 12.06 12.06Short Term (D) 10.12 10.12 10.10Short Term (G) 10.96 10.96 10.93Short Term-Prem. (D) 10.81 10.12 —Short Term-Prem.(G) 10.96 10.96 —Short Term-Prem.Plus (D) 10.81 10.12 —Short Term-Prem.Plus(G) 10.96 10.96 —Tax 2000 (D) 11.14 11.36 11.14Tax 2000 (G) 13.76 14.03 13.76HSBC Mutual Fund Cash Fund 10.21 10.21 10.21Cash Fund -(D) 10.19 10.19 10.19Equity 10.49 10.70 10.49Equity - (D) 10.49 10.70 10.49Income-Invest. 10.46 10.46 10.46Income-Invest. (D) 10.24 10.24 10.24Income-Short 10.24 10.24 10.24Income-Short Term (D) 10.10 10.10 10.10Inst. Income Invst. (D) 10.50 10.50 10.50Inst. Income-Invst. 10.50 10.50 10.50Inst. Income-STP 10.25 10.25 10.25Inst.Income Short Term(D) 10.25 10.25 10.25ICICI Prudential Life Insurance L.Link Balancer 12.00 — —L.Link Maximiser(G) 10.92 — —L.Link Pension Balancer 11.09 — —L.Link Pension Max.(G) 10.70 — —L.Link Pension Protec.(I) 11.45 — —L.Link Protector (I) 12.79 — —L.Time Balancer 12.00 — —L.Time Maximiser (G) 10.92 — —L.Time Pension Balancer 11.09 — —L.Time Pension Max.(G) 10.70 — —L.Time Pension Prot.(I) 11.45 — —L.Time Protector (I) 12.79 — —IDBI-PRINCIPAL Mutual Fund Balanced (D) 10.20 10.39 10.20Balanced (G) 10.10 10.29 10.10Benefit Debt (QD) 10.38 10.38 10.22Benefit Fund Debt (AD) 10.85 10.85 10.68Benefit Fund Debt (HYD) 10.38 10.38 10.22Benefit Fund Debt(G) 10.84 10.84 10.67Cash Manag.Liq.(M) 10.01 10.01 10.01Cash Mngt.-Liquid (G) 11.96 11.96 11.96Cash Mngt.-Liquid (WD) 10.11 10.11 10.11

Cash Mngt.-MoneyAtCall(D) 10.00 10.00 10.00Cash Mngt.-MoneyAtCall(G) 11.75 11.75 11.75Child (CB) 16.33 16.64 15.84Child (FG) 16.11 16.42 15.63Deposit-54 EA 15.10 15.10 15.10Deposit-54 EB 15.10 15.10 15.10Equity (D) 9.81 10.00 9.81Equity (G) 9.31 9.49 9.31Govt.Sec.-Invst. 11.34 11.34 11.34Govt.Sec.-Invst.(D) 11.31 11.31 11.31Govt.Sec.-Invst.(G) 13.39 13.39 13.39Govt.Sec.-Savings 11.89 11.89 11.89Govt.Sec.-Savings 10.39 10.39 10.39Growth (D) 9.78 9.97 9.78Growth (G) 9.83 10.02 9.83Income (D-Half Y’ly) 10.84 10.84 10.79Income (D-Q’ly) 10.81 10.81 10.75Income (G) 14.43 14.43 14.36Index 7.43 7.50 7.43M’ly Income(G) 11.27 11.27 11.21M’ly Income(MD) 10.48 10.48 10.43M’ly Income(QD) 10.48 10.48 10.43PRIN. Deposit 371DD Mar03 10.05 10.45 9.86PRIN. Deposit 371DG Mar03 10.05 10.45 9.86Short Term (D) 10.17 10.17 10.15Short Term (G) 10.79 10.79 10.77Tax Savings 13.85 14.13 13.85IL&FS Mutual Fund Bond (B) 10.69 10.69 10.69Bond (D-Q’ly) 11.00 11.00 11.00Bond (D-Y’ly) 11.63 11.63 11.63Bond (G) 16.04 16.04 16.04Bond Short Term (D) 10.29 10.29 10.29Bond Short Term (G) 10.99 10.99 10.99Bond Short Term-Inst.(D) 10.29 10.29 10.29Bond Short Term-Instnl.G 10.99 10.99 10.99Bond-Institutional (G) 16.05 16.05 16.05E-Com (D) 2.39 2.44 2.39E-Com (G) 2.39 2.44 2.39Gilt Long Term (D) 11.54 11.54 11.54Gilt Long Term (G) 12.57 12.57 12.57Gilt Short Term (D) 11.16 11.16 11.16Gilt Short Term (G) 11.77 11.77 11.77Growth & Value (D-Y’ly) 10.42 10.63 10.42Growth & Value (G) 11.64 11.87 11.64Growth & Value(D-Hf Y’ly) 9.22 9.40 9.22Index BSE Sensex 8.53 8.62 8.53Index Nifty 8.39 8.47 8.39Liquid Account Call 10.65 10.65 10.65Lq. A/c (D) 10.00 10.00 10.00Lq. A/c (G) 11.25 11.25 11.25ING Mutual Fund Balanced Portfolio (D) 6.21 6.30 6.21Balanced Portfolio (G) 6.21 6.30 6.21Capital Portfolio 10.90 10.90 10.90Gilt Portfolio 10.51 10.51 10.51Growth Portfolio (D) 4.99 5.09 4.99Growth Portfolio (G) 5.99 6.11 5.99Income Portfolio (G) 15.71 15.71 15.71Income Portfolio (I) 10.33 10.33 10.33Income Portfolio-Inst.(D) 10.34 10.34 10.34Income Short Term 10.48 10.48 10.48Invst. Portfolio 8.38 8.55 8.38Treasury Portfolio (D) 10.75 10.75 10.75Treasury Portfolio (G) 12.84 12.84 12.84JM Mutual Fund Balanced (D) 9.19 9.33 9.19Balanced (G) 16.05 16.29 16.05Basic 11.64 11.81 11.64Equity (D) 7.74 7.86 7.74Equity (G) 7.30 7.41 7.30G-Sec (D-Reg) 10.31 10.31 10.31G-Sec (G-Reg) 18.00 18.00 18.00G-Sec Fund - PF Plan -(G) 18.47 18.47 18.47G-Sec PF 16.92 16.92 16.92G-Sec Reg (GB) 10.38 10.38 10.38High Liq.Growth - Bonus 10.50 10.50 10.50High Lq. (D) 12.01 12.01 12.01High Lq. (D-D’ly) 10.41 10.41 10.41High Lq. (G) 16.80 16.80 16.80High Lq. Inst.(G) 10.02 10.02 10.02High Lq.Inst.(D) 10.01 10.01 10.01Income (D) 10.30 10.30 10.30Income (G) 24.67 24.67 24.67Income Bonus 10.97 10.97 10.97Income Serial 00 (D) 10.77 10.77 10.77Income Serial 04 (D) 10.89 10.89 10.89Income Serial-2004(G) 10.05 10.05 10.05Short Term 10.35 10.35 10.35Short Term (G) 10.72 10.72 10.72Short Term Fund Inst.(D) 10.01 10.01 10.01Short Term Fund Inst.(G) 10.03 10.03 10.03Kotak Mahindra Mutual Fund K Bond Whole.(B) 10.64 10.64 10.64K-30 (D) 11.74 11.95 11.74K-30 (G) 11.73 11.94 11.73K-Balance 10.28 10.46 10.28K-Bond Depo(D) 10.97 10.97 10.97K-Bond Depo(G) 15.63 15.63 15.63K-Bond Institutional (D) 10.77 10.77 10.77K-Bond Institutional (G) 15.96 15.96 15.96K-Bond Short Term (D) 10.23 10.23 10.23K-Bond Short Term (G) 10.79 10.79 10.79K-Bond Whol.(D-Y’ly) 11.40 11.40 11.40K-Bond Whole(D) 10.78 10.78 10.78K-Bond Whole(G) 15.97 15.97 15.97K-Gilt Invst. (D) 10.98 10.98 10.98K-Gilt Invst. (G) 19.93 19.93 19.93K-Gilt Savings (D) 10.59 10.59 10.59K-Gilt Savings (G) 15.01 15.01 15.01K-Gilt Serial 03 (D) 10.39 10.39 10.39K-Gilt Serial 03 (G) 14.06 14.06 14.06K-Gilt Serial 05 (D) 11.33 11.33 11.33K-Gilt Serial 05 (G) 13.86 13.86 13.86K-Gilt Serial 07 (D) 12.34 12.34 12.34K-Gilt Serial 07 (G) 16.27 16.27 16.27K-Gilt Serial 11 (G) 15.10 15.10 15.10K-Gilt Serial 13 (D) 11.92 11.92 11.92K-Gilt Serial 13 (G) 16.21 16.21 16.21K-Gilt Serial 19 (D) 10.71 10.71 10.71K-Gilt Serial 19 (G) 15.56 15.56 15.56K-Liquid (D) 10.03 10.03 10.03K-Liquid (G) 12.12 12.12 12.12K-Liquid Instnl.(D) 10.03 10.03 10.03K-Liquid Instnl.(G) 12.12 12.12 12.12K-MNC 7.29 7.42 7.29K-Tech 2.49 2.54 2.49LIC Mutual Fund Bond (D) 10.89 10.89 10.89Bond (G) 16.92 16.92 16.92Children’s Fund 11.56 11.56 11.56Dhanaraksha 89 10.95 11.06 10.62Dhanasahayog A 8.15 8.23 7.98Dhanasahayog B 8.15 8.23 7.98Dhanasahayog C 17.90 18.08 17.54Dhansmriddhi 2.22 2.24 2.22Equity Fund 5.72 5.72 5.72Govt.Sec. (D) 10.95 10.95 10.95Govt.Sec. (G) 16.26 16.26 16.26Index Nifty 9.13 9.22 9.13Index Sensex 9.21 9.31 9.21Index Sensex Adv. 9.24 9.33 9.24Liquid (D) 10.61 10.61 10.61Liquid (G) 10.77 10.77 10.77Tax 7.18 7.32 7.18PNB Mutual Fund Balanced Growth (G) 12.46 12.46 12.27Balanced Growth (I) 9.75 9.75 9.61Debt (G) 18.48 18.48 18.38Debt (I) 12.62 12.62 12.56

Prudential ICICI Mutual Fund Balanced (D) 8.85 9.05 8.85Balanced (G) 9.58 9.80 9.58Child Care Gift 11.07 11.34 10.79Child Care Study 11.67 11.85 11.38Dynamic Plan 10.64 10.88 10.64FMCG (D) 6.89 7.05 6.89FMCG (G) 7.52 7.69 7.52FMP - D-Y’ly 10.87 10.87 10.65FMP - Half Y’ly 11.93 11.93 11.81FMP - Half Y’ly (D) 10.91 10.91 10.80FMP - Half Y’ly Sr.2D 10.61 10.61 10.51FMP - Half Y’ly Sr.2G 11.45 11.45 11.34FMP - Q’ly (D) 10.70 10.70 10.64FMP - Q’ly (G) 11.94 11.94 11.89FMP - Q’ly Sr.2 11.78 11.78 11.72FMP - Q’ly Sr.2 (D) 10.63 10.63 10.58FMP - Q’ly Sr.3 (D) 10.53 10.53 10.48FMP - Q’ly Sr.3 (G) 11.75 11.75 11.69FMP - Y’ly 12.01 12.01 11.77FMP - Y’ly Sr.2 11.80 11.80 11.57FMP - Y’ly Sr.2 (D) 10.71 10.71 10.50FMP - Y’ly Sr.3 11.53 11.53 11.30FMP - Y’ly Sr.4 11.18 11.18 10.96FMP - Y’ly Sr.5 (G) 10.88 10.88 10.66FMP - Y’ly VI (G) 10.68 10.68 10.47FMP Q’ly Instnl (D) 10.70 10.70 10.65FMP Y’ly Ser.12 Intnl.(G) 10.07 10.07 9.87FMP Y’ly Ser.12(G) 10.07 10.07 9.86FMP Y’ly Sr. 7(G) 10.33 10.33 10.13Flexible Income 11.06 11.06 11.06Floating Rate 10.03 10.03 10.03Gilt Invst. (D) 11.96 11.96 11.96Gilt Invst. (G) 18.54 18.54 18.54Gilt Treasury (D) 10.92 10.92 10.92Gilt Treasury (G) 14.63 14.63 14.63Growth (D) 9.07 9.27 9.07Growth (G) 18.67 19.09 18.67Income (D) 11.22 11.22 11.22Income (G) 18.37 18.37 18.37Income Instnl.(G) 18.38 18.38 18.38Income-Instnl (D) 11.23 11.23 11.23Index 8.18 8.18 8.18Liquid (D) 11.85 11.85 11.85Liquid (G) 14.91 14.91 14.91Liquid - Daily (D) 11.85 11.85 11.85Liquid Instnl.Mon.(D) 11.90 11.90 11.90Liquid- Instnl. (DD) 11.85 11.85 11.85Liuid- Instnl. (D) 11.86 11.86 11.86Long Term 11.59 11.59 11.59MIP - (D-M’ly) 10.37 10.37 10.37MIP - Cum. 12.87 12.87 12.87MIP - Half Y’ly 10.42 10.42 10.42MIP - Q’ly 10.46 10.46 10.46Power 13.58 13.89 13.58Power (D) 14.92 14.92 14.92SPICE 30.35 30.35 30.35Short Term 11.31 11.31 11.31Short Term (D) 10.59 10.59 10.59Short Term Instnl. (FD) 10.83 10.83 10.83Short Term Instnl. (MD) 10.83 10.83 10.83Sweep 10.57 10.57 10.57Tax (D) 8.70 8.90 8.70Tax (G) 11.92 12.19 11.92Technology 2.49 2.55 2.49Reliance Mutual Fund Growth (D) 20.40 20.81 20.40Growth (G) 29.96 30.56 29.96Income (D-Half Y’ly) 11.03 11.03 11.03Income (D-M’ly) 11.05 11.05 11.05Income (D-Y’ly) 10.81 10.81 10.81Income (G) 18.99 18.99 18.99Income Growth (B) 11.18 11.18 11.18Income Q’ly (D) 11.08 11.08 11.08Medium Term Fund(D-M’ly) 10.60 10.60 10.55Medium Term Fund(D-Q’ly) 10.53 10.53 10.48Medium Term Fund(G) 13.36 13.36 13.29Short Term 10.23 10.23 10.23Short Term Fund-(D-Re) 10.15 10.15 10.15Vision 27.50 28.05 27.50Vision (D) 24.49 24.98 24.49SBI Mutual Fund Magnum Gilt ST(D) 10.19 10.19 10.19Magnum Gilt ST(G) 12.60 12.60 12.60Magnum IC (Cash) 13.59 13.59 13.59Magnum IC (D) 10.52 10.52 10.52Magnum Insta Cash S.Term 10.39 10.39 10.39Sundaram Mutual Fund Balanced (App) 10.35 10.51 10.35Balanced (D) 10.35 10.51 10.35Bond Saver (App) 20.10 20.10 20.10Bond Saver (B) 10.58 10.58 10.58Bond Saver (D) 10.85 10.85 10.85Gilt (App) 11.82 11.82 11.82Gilt (D) 10.19 10.19 10.19Growth 10.49 10.70 10.49Growth (G) 12.48 12.73 12.48Income Plus - App 10.88 10.88 10.88Income Plus - Div 10.64 10.64 10.64Money (App) 12.69 12.69 12.69Money (D) 10.04 10.04 10.04Select Debt 3Yr AP (App) 10.32 10.32 10.32Select Debt 3Yr AP (HYD) 10.32 10.32 10.32Select Debt 3Yr AP (QD) 10.20 10.20 10.20Select Debt 3Yr AP (YD) 10.32 10.32 10.32Select Debt 5Yr AP (App) 10.09 10.09 10.09Select Debt 5Yr AP (HYD) 10.09 10.09 10.09Select Debt 5Yr AP (QD) 10.07 10.07 10.07Select Debt 5Yr AP (YD) 10.09 10.09 10.09Select Debt DAP (App) 11.12 11.12 11.12Select Debt DAP (HYD) 11.12 11.12 11.12Select Debt DAP (QD) 10.81 10.81 10.81Select Debt DAP (YD) 11.12 11.12 11.12Select Debt LTAP (App) 10.32 10.32 10.32Select Debt LTAP (HYD) 10.32 10.32 10.32Select Debt LTAP (QD) 10.12 10.12 10.12Select Debt LTAP (YD) 10.32 10.32 10.32Select Debt STAP (App) 10.50 10.50 10.50Select Debt STAP (HYD) 10.50 10.50 10.50Select Debt STAP (QD) 10.30 10.30 10.30Select Debt STAP (YD) 10.50 10.50 10.50Select Focus 11.24 11.46 11.24Select Focus (G) 11.24 11.46 11.24Select Mid Cap 10.18 10.38 10.18Select Midcap (G) 10.18 10.38 10.18Tax Saver 8.76 8.76 8.76Standard Chartered Mutual Fund Cash-Plan B (D) Instnl. 10.60 10.60 10.60Cash-Plan B (G) Instnl. 11.28 11.28 11.28Dynamic Bond(G) 11.20 11.20 11.20Dynamic Bond(Q’ly)(A) 10.64 10.64 10.64Dynamic Bond(Q’ly)(D) 10.64 10.64 10.64Floating Rate (D) 10.09 10.09 10.09Floating Rate (G) 10.09 10.09 10.09GCF (D-D’ly ) 10.58 10.58 10.58GCF (D-W’ly) 10.23 10.23 10.23GCF (G) 11.28 11.28 11.28GCF-Plan B(D-D) (Inst.) 10.58 10.58 10.58GCF-Plan B(D-W) (Inst.) 10.31 10.31 10.31GDBF-Plan B (DA)(Inst) 10.64 10.64 10.64GDBF-Plan B (DQ)(Inst) 10.64 10.64 10.64GDBF-Plan B (G)(Inst) 11.20 11.20 11.20GFRF (Dividend-Weekly) 10.08 10.08 10.08GFRF (Dividend-daily) 10.07 10.07 10.07GFRF-Plan B(D-D)(Inst) 10.07 10.07 10.07GFRF-Plan B(D-G)(Inst) 10.09 10.09 10.09GFRF-Plan B(D-M)(Inst) 10.09 10.09 10.09GFRF-Plan B(D-W)(Inst) 10.08 10.08 10.08GGSF-IP (D-Half-Y’ly) 10.76 10.76 10.76GGSF-IP (D-Q’ly) 10.73 10.73 10.73

GGSF-IP (D-Y’ly) 10.42 10.42 10.42GGSF-IP (G) 11.57 11.57 11.57GGSF-IP Plan B (DA)(Inst) 10.42 10.42 10.42GGSF-IP Plan B (DH)(Inst) 10.76 10.76 10.76GGSF-IP Plan B (DQ)(Inst) 10.73 10.73 10.73GGSF-IP Plan B (G)(Inst) 11.57 11.57 11.57GGSF-ST (D-M’ly) 10.79 10.79 10.79GGSF-ST (D-Q’ly) 10.45 10.45 10.45GGSF-ST (G) 10.97 10.97 10.97GSSIF-IP (D-Half Y’ly) 11.48 11.48 11.48GSSIF-IP (D-Q’ly) 11.01 11.01 11.01GSSIF-IP (D-Y’ly) 10.31 10.31 10.31GSSIF-IP (G) 14.64 14.64 14.64GSSIF-IP Plan B (DA)(Ins) 11.45 11.45 11.45GSSIF-IP Plan B (DH)(Ins) 11.48 11.48 11.48GSSIF-IP Plan B (G)(Inst) 14.65 14.65 14.65GSSIF-Plan B (DQ)(Inst) 11.02 11.02 11.02GSSIF-ST (D) 10.32 10.32 10.32GSSIF-ST (G) 12.10 12.10 12.10GSSIF-ST B(D)(Inst). 10.32 10.32 10.32GSSIF-ST B(G)(Inst). 12.05 12.05 12.05Sun F&C Mutual Fund Balanced (G) 6.49 6.59 6.49Bond (G) 18.73 18.73 18.73Bond (I) 10.57 10.57 10.57Emerging Tech.(G) 2.58 2.63 2.58FIS-Intl. Plan 10.33 10.33 10.33FIS-Long Term 11.34 11.34 11.34FIS-Medium Term 10.79 10.79 10.79FIS-Short Term 10.62 10.62 10.62FMS (M’ly)-MFMP1(D) 10.06 — 9.98FMS (M’ly)-MFMP1(G) 10.87 — 10.78FMS (M’ly)-MFMP2 10.58 — 10.49FMS (Q’ly)-QFMP1(D) 10.07 — 9.97FMS (Q’ly)-QFMP1(G) 10.69 — 10.59FMS (Q’ly)-QFMP2 10.62 — 10.51FMS (Y’ly)-FYMP4 10.65 — 10.33FMS (Y’ly)-YFMP2 11.00 11.00 10.67FMS (Y’ly)-YFMP3 10.70 — 10.38FMS (Y’ly)-YFMP5 10.35 — 10.04FMS (Y’ly)YFMP1(G) 10.95 — 10.62M’ly Income (D-M’ly) 10.21 10.21 10.21M’ly Income (D-Q’ly) 10.14 10.14 10.14M’ly Income (G) 12.90 12.90 12.90MVB (D) 10.50 10.50 10.50MVB (G) 17.33 17.33 17.33MVL (D’ly Dp) 10.00 10.00 10.00MVL (Dp) 10.87 10.87 10.87MVL (Np) 14.11 14.11 14.11Personal Tax Saver 40.98 40.98 40.98Resurgent (I) Equity 12.89 13.15 12.89Value (D) 7.94 8.10 7.94Value (G) 15.63 15.94 15.63Tata Mutual Fund Balanced 13.42 13.66 13.42Equity Opp.(Appreciation) 7.77 7.91 7.77Equity Opp.(Regular) 8.70 8.85 8.70Fixed Horizon Annual 1 (R 10.03 10.03 9.73Fixed Horizon Annual 1 Re 10.05 10.05 9.75Gilt Short Muturity (A) 10.01 10.01 10.01Income (App) 20.09 20.09 19.99Income (D-App) 11.61 11.61 11.55Income (H-Y’ly Reg) 10.49 10.49 10.44Income (Q’ly-Reg) 10.35 10.35 10.30Income Plus Fund-A(Bonus) 10.39 10.39 10.28Income Plus Fund-A(G) 10.38 10.38 10.27Income Plus Fund-B(Bonus) 10.39 10.39 10.39Income Plus Fund-B(G) 10.39 10.39 10.39Index Fund - Sensex 9.23 9.33 9.23Index Fund - Sensex 9.23 9.23 9.23Index Fund-Nifty A 9.08 9.17 9.08Index Fund-Nifty B 9.07 9.07 9.07Life Science & Tech. 7.87 8.01 7.87M’ly Income 10.75 10.75 10.69Pure Equity 9.15 9.31 9.15Select Sector 7.21 7.34 7.21Tax Savfund 10.45 10.63 10.45Young Citizen’s 10.38 10.53 10.07Taurus Mutual Fund Bonanza Ex.(G) 9.97 10.14 9.94Discovery Stock 3.58 3.64 3.57Libra Bond (D) 11.06 11.06 11.03Libra Bond (G) 11.39 11.39 11.36Libra Gilt (D) 11.24 11.24 11.21Libra Gilt (G) 11.58 11.58 11.55Libra Tax Shield 8.28 8.28 8.28The Starshare 5.69 5.79 5.68UTI Mutual Fund Bond (G) 17.71 17.71 17.62Bond (I) 11.02 11.02 10.96Brand Value 7.39 7.39 7.24CCP 12.70 12.70 12.19CRTS 89.93 89.93 87.23Equity Tax Savings 10.03 10.03 9.93G-Sec (G) 16.45 16.45 16.45G-Sec (I) 10.98 10.98 10.98Grandmaster 93 8.61 8.61 8.44Index Select Eq. 12.43 12.68 12.43Mahila Unit Scheme 12.31 12.31 11.94Master Growth-1993 13.49 13.49 13.22Master Index 9.31 9.31 9.27Mastergain 92 9.14 9.14 8.96Masterplus 91 15.67 15.67 15.36Money Market (G) 17.02 17.02 17.02Money Market (In) 16.92 16.92 16.92Nifty Index 5.88 5.88 5.85PEF 11.75 11.99 11.75Petro 12.47 12.47 12.22Pharma & Healthcare 9.53 9.53 9.34RBP 1994 18.04 18.40 17.14Regular Income 10.24 10.24 10.19Regular Income Scheme (G) 10.43 10.43 10.38Service 12.79 12.79 12.53Software 6.07 6.07 5.95UGS 10000 9.86 10.06 9.86ULIP 12.46 12.46 12.28US 2002 5.71 5.71 5.62US 95 (G) 18.59 18.59 18.22US 95 (I) 11.75 11.75 11.52Variable Invt.(ILS) 9.56 9.68 9.56Zurich India Mutual Fund Capital Builder (D) 8.95 9.13 8.95Capital Builder (G) 10.45 10.66 10.45Equity (D) 12.89 13.15 12.89Equity (G) 23.59 24.06 23.59High Int. (D-Half Y’ly) 11.78 11.78 11.78High Int. (D-Q’ly) 11.52 11.52 11.52High Int. (D-Y’ly) 12.15 12.15 12.15High Int. (G) 21.54 21.54 21.54High Int. Stp (D) 10.49 10.49 10.49High Int. Stp (G) 11.05 11.05 11.05Liquidity - Call (Dd) 10.43 10.43 10.43Liquidity - Call (G) 10.64 10.64 10.64Liquidity - IP(D) 11.44 11.44 11.44Liquidity - IP(G) 13.19 13.19 13.19Liquidity - SP(D-W’ly) 10.63 10.63 10.63Liquidity - SP(G) 12.56 12.56 12.56Liquidity - Sp(D-D’ly) 10.64 10.64 10.64Prudence (D) 14.91 15.21 14.91Prudence (G) 25.67 26.18 25.67Sovereign Gilt - IP(D) 11.21 11.21 11.21Sovereign Gilt - IP(G) 14.43 14.43 14.43Sovereign Gilt - PP(D) 11.32 11.32 11.32Sovereign Gilt - PP(G) 15.92 15.92 15.92Sovereign Gilt - SP(D) 10.96 10.96 10.96Sovereign Gilt - SP(G) 12.48 12.48 12.48Tax Saver (D) 15.57 15.88 15.57Tax Saver (G) 19.62 20.01 19.62Top 200 (D) 11.89 12.13 11.89Top 200 (G) 17.44 17.79 17.44

Name NAVs Prices (Rs)

(Rs) Sales Purchase

Name NAVs Prices (Rs)

(Rs) Sales Purchase

Name NAVs Prices (Rs)

(Rs) Sales Purchase

Name NAVs Prices (Rs)

(Rs) Sales Purchase

Name NAVs Prices (Rs)

(Rs) Sales PurchaseOpen Ended SchemesMUTUAL FUND

Sensex falls 48 pointsMumbai: The overnight rally was shortlived as blue-chip stockscame under heavy pounding from domestic funds and a few opera-tors, and sent the Sensex reeling down to end 48 points lower onThursday.

The sell-off was partly fuelled by IT major Wipro’s announce-ment of a 2.5 per cent growth in Q4 net profit that fell significantlyshort of the expected 5 per cent growth as well as a slowdown in FIIactivity.

Wipro surpassed market expectations in terms of growth in rev-enue that was up 32 per cent at Rs 1,237 crore, but the net grew only2.5 per cent at Rs 225.4 crore during Q4.The BSE benchmark 30-share Sensex opened sharply down at 3002.68 and gradually moveddownwards to the intra-day low of 2971.94 before ending at 2984.50against Wednesday’s close of 3032.32, netting a fall of 47.82 pointsor 1.58 per cent.The broad-based BSE-100 index dipped by 23.28points to 1475.19 from its previous close of 1498.47.

Commenting on selling by domestic funds, market sources saida brokers’ cartel took advantage of profit-booking by local institu-tions and hammered down stocks prices.FIIs, which had been netsellers to the tune of Rs 419 crore during last week and have turnedbuyers in the last couple of sessions, were believed to have madeselective purchases, albeit in small quantity. PTI

KEY: The BSE quotations of a scrip are given in the first line while the quotes in italics are those of the NSE.The quotations are in the sequence of the day’s opening, high, low, and closing. Each time a company’s closing share price falls below its “last offer price” on BSE, the name of the company is underlined.

BSE SPECIFIED& NSE INDEX

NSE SHARE INDEX

-1.87% CHANGE OVER PREVIOUS CLOSING

APRIL 17APRIL 16APRIL 15

1075

1050

1025

1000

975

950

925

900

940.70958.65

951.20

BSE SHARE INDEX

-1.57% CHANGE OVER PREVIOUS CLOSING

APRIL 17APRIL 16APRIL 15

3600

3500

3400

3300

3200

3100

3000

2900

2800

2984.50

3032.32

2997.87

��OID��‰�‰��†����K���

TOID180403/CR1/16/K/1

��OID��‰�‰��†��������

TOID180403/CR1/16/Y/1

��OID��‰�‰��†����M���

TOID180403/CR1/16/M/1

��OID��‰�‰��†����C���

TOID180403/CR1/16/C/1

MEN IN THE BLUE: Members of the Indian cricket team enjoy swimming exercises in Dhaka on Thursday aheadof their tri-series league tie against South Africa on Friday.

CMYK

Colombo: Adopting acautious approach, theSri Lankan national se-lectors on Thursday de-cided to have seperatecaptains for Test andone-day sides and namedHashan Tillakaratneand Marvan Atapattu totake over the two rolesrespectively.

The appointments came in the wakeof the resignation by Sanath Jaya-suriya, who captained the team in bothTests and one-dayers, after Sri Lankacrashed out of the four-nation tourna-ment in Sharjah last week.

The appointments, which need the ap-proval of the sports minister beforecoming into force, have been made forthe upcoming two-Test series againstNew Zealand starting on April 25, andthe tri-nation one-day series followingit. The 36-year-old Tillakaratne, a left-handed middle-order batsman, had ledthe side in a Test against Pakistan in1999 before being dropped from the na-tional side for about two years.

The 32-year-old Atap-attu, who was the vice-captain of the team un-der Jayasuriya, waswidely believed to takeover as skipper but aspokesman said the se-lectors had decided toadopt a policy of havingseperate captains forTest and One-day teams.

Meanwhile, New Zealand cricketersheld their first practice session onThursday, getting a taste of the SriLankan capital’s heat and humidityahead of the first Test that starts onApril 25. The Black Caps arrived inColombo on Wednesday and stayedovernight in the Taj Hotel, overlookingthe Indian Ocean. The New Zealanders’arrival was good news for Sri Lankancricket officials who feared that worriesover severe acute respiratory syn-drome, or SARS, would force them tocancel the tournament. “We are pleasedto inform that the New Zealand team ishere and everything is fine,” said TracyFrancis, a NZ board official said. Agencies

Hashan named Test captain

Dhanraj strikes: Western Railwaybeat Tamil Nadu via tie-breaker (6-5)to reach the quarter-finals of theBombay Gold Cup hockey. Menah-wile, Indian skipper Dhanraj Pillayscored the first hat-trick of the tour-nament as Indian Airlines won 6-0against Jammu & Kashmir Police. Inanother match, Indian Oil poundedSouth Central Railway 7-2. TNN

SAARC golf: BG Lalitha Kumara ofSri Lanka sounded a warning to hisrivals when he shot a brilliant roundto win the men’s 0-5 category in thethe Navision Friendship Cup, theprelude to the fifth SAARC golfchampionship, which starts at theDelhi Golf Club on Friday.Results: Men’s 0-5 category: BG Lalitha Kumara(SL) 41 points; 6-9: Col Sunderam (Ind) 41; 10-14: Maj JJ Singh (Ind) 39; 15-18: V Badhwar (Ind)41. Women’s: 0-6: Anjali Chopra (Ind) 33; 7-12:Aneeta Bhatia (Ind) 30; 13-18: Bubbles Suneja(Ind) 28; 19-24: Usha Chathrath (Ind) 30. TNN

Cricket summit: Cricket chiefsfrom India and Pakistan will meet inDubai early next month to resolvethe impasse arising out of the Indiangovernment’s refusal to sanction bi-lateral series against Pakistan. Indiancricket supremo Jagmohan Dalmiyaand his Pakistani counterpart TauqirZia will meet on the sidelines of theAsian Cricket Foundation session inDubai on May 3 to try and end thedeadlock. AFP

Surgery for Nehra: Indian fastbowler Ashish Nehra underwent an-kle surgery on Thursday in SouthAfrica to correct an injury he sufferedduring the World Cup. Nehra under-went the operation in a Pretoria hos-pital, his mother informed. “His oper-ation went off well,” she said. “Hespoke to us just now and he is fine.”The 23-year-old bowler is expectedto take a month to recover. Reuters

U-25 cricket: In Bangalore, TamilNadu skipper R Satish cracked adouble century as Tamil Naduamassed 592/3 on the second day oftheir semis against Bihar in the inter-zonal U-25 knock-out tournament. Inthe other semi-final, MP were 378 forthree, in response to Punjab’s first in-nings total of 201. PTI

Sachin goes karting: SachinTendulkar would be seen in a newrole — as a competitor in the first legof the MRF-MAI Formule Mondialechampionship (special class) to beheld at Chennai in July. Tendulkartold reporters in Mumbai after testdriving four-stroke karting vehiclethat he was almost certain to takepart in the race in Chennai. PTI

Challenger wild cards: The fol-lowing players have been awardedwild-cards by the All India Tennis As-sociation for the ATP Challenger tobe held in Bangalore from April 21.Main draw: Singles: Rohan Bopanna, HarshMankad, Prakash Amritraj, Vishal Uppal. Doubles:Harsh Mankad/Vishal Uppal, Rohan Bopanna &partner. Qualifying wild cards: Singles:Somdev Varman, Karan Rastogi. Doubles:Somdev Varman / Karan Rastogi. TNN

Vijayakumar wins in SL: C Vi-jayakumar of Team TVS Racingemerged victorious in the Lake Crossmotocross championship held atNuwara Eliya in Sri Lanka. Vijayaku-mar participated in 3 categories —125cc, up to 250 cc and the Openclass. He won all three. TNN

Amritinder fires 67: Three-timewinner Amritinder Singh renewed hislove affair with the Hero Golf Chandi-garh Open, with a superbly compiledopening round five-under 67 at theChandigarh Golf Club. Defendingchampion Arjun Singh, Rahil Gangjeeand Harmeet Kahlon was placedsecond at three-under 69. PTI

Vincenzo ‘Air Force One’ Montellaof AS Roma jubilates simulating tofly after scoring against SS Lazioduring their Italian Cup semifinalmatch in Rome’s Olympic Stadiumon Wednesday.

AFP

SPORTS DIGEST

I have realised bowling fastalone won’t get you wickets.You need to have the variety

to keep the batsman guessing.

— Makhaya Ntini

AtapattuTillakaratne

FOOTBALLTop English Premiership goalscorer

Thierry Henry 11/10James Beattie 5/4

Ruud van Nistelrooy 4/1Alan Shearer 50/1

Michael Owen 50/1(as per ladbrokes.com)

BETTING METER

AP

PACE ON THE PROWL: Leading Australian pacemen Brett Lee (left) and Andy Bichel (right) enjoythe sunshine during a workout at the Queen’s Park Oval in Trinidad on Wednesday. TheAussies take on the West Indies in the second Test at the Oval from Saturday.

Gambhir has along way to go

Bangladesh, Iam afraid,continue tostruggle, butit was a goodouting for they o u n g e rmembers of

the Indian side on Wednes-day. With mostof the seniorsresting, thebench strengthof the side gotinto the act,and had a fieldday, as they say.

Bangladeshwere never inthe hunt afterlosing fourquick wickets,though their fi-nal tally of 207gave themsome self-re-spect and some hope. Thesupporters were at least en-thused by their batsmencrossing a landmark, thougheverybody knew that thiswas unlikely to trouble theIndian team too much.

India lost six wickets inchasing this meagre total,but a few of these camethrough impetuous stroke-play and Mohd Kaif was run-out. The Bangladesh bowlersstuck to their task withoutever looking threatening, but

unless their batsmen can putup scores of 240-250 regularly,they will always be at the re-ceiving end.

Virender Sehwag enjoyedhis stint as captain by battingwith abandon. He flayed thebowlers from the first overand the Bangladesh playerswill have heaved a sigh of re-lief when he was dismissedfor only 43.

The biggest knock camefrom GautamGambhir, whohad not donemuch in theearlier twogames. Gamb-hir’s 71, whilepleasing, alsoshowed that hehas some wayto go at thislevel. From thepoint of viewof Indiancricket, how-ever, it was im-portant be-

cause he is an opening bats-man, and there is need formen at the top. The otherschipped in with usefulscores, though Abhijit Kalewould have liked a few moreruns to his name.

Leg-spinner Amit Mishrahas talent which he has tobuild on. His stock ball is onewhich turns from leg to off,which is a good sign, and hegets the ball to land andbounce, which makes thiseven better. TCM

ALL-ROUND VIEWRavi Shastri

Ganguly aims to gain psychological edgeDhaka: Having tried out the new-comers in the previous match,Sourav Ganguly and some of theother rested players will return tothe team as India look to choke theSouth Africans again in Friday’sTVS Cup triangular series en-counter and gain a psychologicaladvantage ahead of the final.

The Indians had demolishednew-look South Africa with a com-prehensive 153-run margin in theprevious league match and wouldbe keen to keep them on the mat notonly to maintain the winning se-quence but to go into Sunday’s finalwith an edge. But fitness worries tosome of the key players have leftthe Indians a worried lot thoughthe management is confident thatthey will be fit to take the field.

Dashing left-hander Yuvraj Singhis down with flu and had a high tem-perature till Thursday morning andremains a doubtful starter whilepace bowler Zaheer Khan, who suf-fered a slight hamstring injury inthe first round match against SouthAfrica, may not play so as to be fullyfit for the final.

Although off spinner HarbhajanSingh has been carrying a finger in-jury for some time, he will be field-ed to strengthen the bowling de-partment as the Indians do not wantto go in with an inexperienced bowl-ing attack and allow the SouthAfricans to get into the groove.

With India having alreadyreached the final, the team man-agement is not too keen on makingZaheer Khan take the risk of ag-gravating his injury.

The return of the regulars willmean that all-rounder Sanjay Ban-gar, Abhijit Kale and SarandeepSingh, who were given a look-in inthe previous match againstBangladesh, will have to sit out.

The failure of Virender Sehwag,who captained the team in the ab-sence of Ganguly in the lastmatch, to translate the starts intobig scores has now started causingconcern and the captain had madeit be known that he expects muchbigger scores from Sehwag whowas “not utilising his potential tothe full. He is getting starts but notcapitalising on them.” PTI

AP

Ajit Ninan

Chess includedin Asian GamesNew Delhi: Chess has final-ly been included in the AsianGames, opening avenues forIndia to bag an extra goldmedal and establish them-selves as the most formidablechess power in the continent.Chess will mark its debut inthe 2006 Asian Games inDoha, Qatar, as one of the 33disciplines.

The just concluded Asianteam chess championship atJodhpur, where the Indianscame up with their best-everperformance bagging one sil-ver and two bronze medals,has shown that the India isamong the best in Asia.

Though China won boththe men’s and women’sevents at Jodhpur, India werewithout their top playerViswanathan Anand, theworld champion who is likelyto be part of the team for theAsian Games. PTI

I am comfortable under GraemeWhen I cameto play thistournamentand seriesunder thecaptaincy ofG r a e m eSmith, the

man who replaced me at thehelm of the team, I was ex-pecting to be under some me-dia scrutiny.

However, I don’t know ifthere is any need to analysethe two of us so closely. Forme it will always be an hon-

our to play for mycountry, and the pri-mary objective — towin as many games

for South Africa as possible— will never change. More-over, I have no problems withGraeme, and am 100 per centthere for this team.

There was plenty of scruti-ny of Graeme’s captaincy,but it’s only human to be a lit-tle nervous in one’s firstgame as captain.

The more you play themore you find your feet, andsince Graeme is a very confi-dent individual, I’m sure hewill relax more as time goesby. Nobody walks into the

role of captain, and it doestake time to grow into thepart, and it’s important thatwe give him that time.

The other controversyarises from my role as firstchange bowler. Graemethought it would be a goodidea for me to come in ataround the 15th over so that Ican sustain the pressure.

I personally prefer to openthe bowling, but there aretimes when one has to dowhat’s best for the team andI’m okay with it. Graeme waslooking for someone withcontrol and experience tokeep one end up in the mid-dle overs and that is the onlyreason why I’m not openingthe bowling. Bowling firstchange does require some ad-justments. Gameplan

IN-SWINGERSShaun Pollock

Rudolph steals the show in SA winDhaka: South Africa rode on JaquesRudolph’s maiden half century to fash-ion a comfortable 93-run victory overBangladesh here on Thursday and setup a title clash with India in the final ofthe TVS Cup triangular series.

The young Rudolph struck an elegant81 off 113 balls to steer South Africa to arespectable 261 for five before thebowlers stuck to their tasks to bundleout the hosts for 168 in 49 overs despiteAlok Kapali’s valiant 71-run knock.

Electing to bat, South African skip-per Graeme Smith (67) and Rudolphprovided the platform with a 101-runstand before Neil McKenzie and ShaunPollock set the stadium blaze with some

lusty hits which virtually took the gameaway from the hapless Bangladesh whowere knocked out of the competiton af-ter today’s defeat. Former captain Pol-lock was given the new ball after twomatches and he responded with anoth-er fine performance, claiming threewickets for 17 runs from his sevenovers. Andrew Hall also scalped threewickets while Allan Dawson took twowickets.

The tournament’s last league matchbetween India and South Africa tomor-row would now be a dress rehearsal forthe final on Sunday.South Africa: G Smith b Sanwar Hossain 67, H Gibbs bTapash Baisya 0, J Rudolph c Mohammad Salim b SanwarHossain 81, H Dippenaar c & b Alok Kapali 16, M Boucher

c Mehrab Hossain b Alok Kapali 12, N McKenzie not out 39,S Pollock not out 38. Extras: (lb 4, w 3, nb 1) 8. Total: (for5 wickets in 50 overs) 261. Fall of wickets: 1-5, 2-106,3-143, 4-174, 5-192. Bowling: Manjural Islam 10-0-38-0 (1w), Tapash Baisya 8-0-57-1 (1nb, 1w), MohammadRafique 10-2-42-0, Khaled Mahmud 4-0-40-0, SanwarHossain 8-1-40-2, Alok Kapali 10-1-40-2 (1w).Bangladesh: Mohammad Ashraful lbw b Pollock 13,Mehrab Hossain c Boucher b Ntini 6, Habibul Bashar lbwb Pollock 1, Akram Khan c Boucher b Dawson 3, Alok Ka-pali c Adams b Hall 71, Khaled Mahmud c Boucher b Hall24, Sanwar Hossain c & b Adams 9, Mohammad Salim cBoucher b Pollock 9, Mohammad Rafique c Boucher b Hall3, Tapash Baisya c Smith b Dawson 7, Manjural Islam notout 5. Extras: (lb 2, w 9, nb 6) 17. Total (all out in 49overs) 168. Fall of wickets: 1-16, 2-19, 3-25, 4-29, 5-84, 6-104, 7-145 (Mohammad Salim, 40.5 ov), 8-150 (Mo-hammad Rafique, 43.3 ov), 9-157. Bowling: Pollock 7-2-17-3 (3nb) Ntini 8-1-22-1 (1nb, 1w), Dawson 10-1-29-2(4w), Hall 10-1-32-3 (1nb, 3w) Adams 10-0-40-1 (1nb,1w) Rudolph 4-0-26-0. AFP

Hussain to continuein longer versionLondon: Nasser Hussain will re-main as captain of England’s Testteam, cricket selectors confirmedon Thursday.

Hussain stepped down as One-day captain after England wasknocked out of the World Cup inSouth Africa. England, one of thepre-tournament favourites hadfailed to make it to the Super Six.He said at the time he hoped his de-cision would prolong his Test ca-reer. England is scheduled to playtwo Test matches this summeragainst Zimbabwe and five againstSouth Africa. England’s selectorshave yet to announce Hussain’ssuccessor as One-day captain.Yorkshire’s Michael Vaughan isthe favourite for the job. AP

The Times of India, New Delhi, Friday, April 18, 2003

Fisichella sees doubleAfter his Brazilian win, Giancarlo

Fisichella heads into the San Marinorace with new confidence. Backinghim is familiarity with the circuit. He won his first F3 contest andscored his first F1 points there

Hussain backs GilesNasser Hussain has named AshleyGiles as a candidate for England’sOne-day captain spot. He believesthe spinner’s case is stronger afterhis recent appointment to the topjob at Warwickshire

Sol in the redArsenal’s Sol Campbell’s climaxto the Premiership season hingesupon the referee reviewing the redcard that sent him off on Wednesday.If the verdict stands, the four-matchban will include the FA Cup final

Marvan Atapattu is named the new Sri Lankan One-day captain

��OID��‰�‰��†����K���

TOID180403/CR1/17/K/1

��OID��‰�‰��†��������

TOID180403/CR1/17/Y/1

��OID��‰�‰��†����M���

TOID180403/CR1/17/M/1

��OID��‰�‰��†����C���

TOID180403/CR1/17/C/1

CMYK

The Times of India, New Delhi18 Friday, April 18, 2003

��OID��‰�‰��†����K���

TOID180403/CR2/18/K/1

��OID��‰�‰��†��������

TOID180403/CR2/18/Y/1

��OID��‰�‰��†����M���

TOID180403/CR2/18/M/1

��OID��‰�‰��†����C���

TOID180403/CR2/18/C/1

CMYK

T I M E S S P O R TThe Times of India, New Delhi Friday, April 18, 2003 19

CAPITAL SPORTKhalsa boys win: SarbjitSingh and Gurtej Singhscored a brace in BhupenderKhalsa Sr Sec School’s(Moga) 6-0 win in the All-In-dia Sahibzada Ajit SinghGold Cup hockey tourna-ment. In another match,Guru Harkishan PublicSchool (GHPS), Hemkund,beat GHPS, Loni Road 3-2.Cricket academy: Acricket academy wil be setup at the TERI ground, Gur-gaon, from Friday. ClintusSports Centre will managethe academy. Interested peo-ple may contact phone nos.981098769, 26184473.Rajdhani Cup cricket: AIIMS bt Young-sters Okhla by 4 wkts. Youngsters: 144all out in 30.2 overs (Arun Chaudhary50, Narender Singh 30, Vijay Arya 5/25)lost to AIIMS: 145/6 in 30.2 overs (Ra-jeev Rana 36, Mohan Sharma 34no,Parvesh Chikara 3/38)OM Nath Sood cricket: Vikas Puri CC:215 for 7 in 40 overs (Rajiv Rana 39,Priyank Trehlan 38, Jagdev Chouhan36), lose to Youngster CC: 216 for 4 in38.4 overs (Satender Yadav 96, JitenderGulia 60 n.o.)Wonder Trophy cricket: CWC: 155 for 8in 35 overs (R Vinayak 53, R Sharma 33)

��OID��‰�‰��†��‹�K���

TOID180403/CR1/19/K/1

��OID��‰�‰��†��‹�����

TOID180403/CR1/19/Y/1

��OID��‰�‰��†��‹�M���

TOID180403/CR1/19/M/1

��OID��‰�‰��†��‹�C���

TOID180403/CR1/19/C/1

Al Jawat shinesTIMES NEWS NETWORK

New Delhi: H Ali Khan-trained Al Jawat (S AmjadKhan atop) completed a hat-trick by winning the DRCRacing Official Cup (div.I) atthe Delhi races on Thursday.Results: Juggling Plate: Sheetal 1, NarukaPrince 2, Kanishka 3. Nobody KnowsStakes: Piccado 1, Lute 2, Amazing King 3.DRC Racing Official Cup (div.I): Celine Dion1, Anandini 2, Bouncey 3. DRC Racing Offi-cial Cup (div.I): 1,100m: Al Jawat 1, FireGoblet 2, Most Durablle 3. Pat On BackPlate: Shoot Clear 1, Black N Blue 2, Amaz-ing Weapon 3. Smooth Operation Plate:Bahuratna 1, Sushmita 2, Twinkle 3.

Acceptances for Mum-bai races on Saturday:

Ace Ruler Plate: Cl III: 1,600M;3.00pm: Marmalade 60, Signor Escobar57.5, Star of Nature 57, Star Dusk 56.5,Great Alliance 52, Wine N Song 49.5.Madras Race Club Trophy: Cl I: 1,000m:Columbus 59, Bud Royale 58.5, Flasher58.5,Tasmac 53. DR AH Sayed Plate: Cl IV:1,400m: Infinite 61, Applause 60, Dahana60, Never Surrender 60, Demedicie 57.5,Power Surge 55, Sarena Pride 54.5, SuddenGlory 52, Momentous Mover 51. Star Wit-ness Plate: CL IV: 1,100m: Viking Victor 61,Synergize 59.5, Bruno 57, Only For Don 57,Anchors Aweigh 56.5, Matter of Four 56.5,Verzzano 56, Invincible 54.5, Cape Merino53.5, Rosehill Gardens 53.5, Royal Charmer53.5, Attia In Sunlight 53, Twinkling Star 53,Knight Moves 52.5, Heart Throb 49.5.

CMYK

T I M E S S P O R T The Times of India, New Delhi20 Friday, April 18, 2003

A stirring draw leavesPremiership deadlockedLondon: The English Pre-mier League title race is stillwide open. Arsenal and Man-chester United failed to deliv-er decisive blows on Wednes-day in a 2-2 draw at Highbury,a match billed beforehand asthe showdown of year inEnglish soccer.

A win for either teamwould have been a giant steptoward the title.

Instead, Man United leadArsenal by three points, butthe Gunners have a game inhand and a narrow one-goallead in goal difference.

Ryan Giggs’s second-halfequaliser was the most cru-cial point of the contest.

The Gunners Thierry Hen-ry scored two second-halfgoals - 51st and 62nd - to giveArsenal a 2-1 lead, overcom-ing Ruud Van Nistelrooy’sfirst-half strike. But Arsenalcouldn’t hold on with Giggsscoring a minute later on a63rd-minute header.

Man United lead with 71points and has four to play.Arsenal have 68 but have fivematches remaining. Defend-ing champion Arsenal playedfrom the 82nd with only 10men after defender Sol Camp-bell was sent off for throwinga right elbow into the side ofthe head of Man United’s OleGunnar Solskjaer.

Van Nistelrooy gave ManUnited the lead when he beatArsenal defenders Campbelland Martin Keown down theleft side and chipped homefrom eight metres in the 24thas United completely domi-nated the first half.

Henry equalised in the 51ston a lucky goal. Standing inthe box, Ashley Cole’s close-

in shot struck Henry andthen went in under a startledBarthez. Eleven minutes lat-er Henry scored on a play aTV replay showed to be off-side. Henry broke down themiddle and scored from 15metres behind his fellowFrench international.

The lead lasted only 66 sec-onds as Giggs scored the ty-ing goal on header off sloppyArsenal defending. Thematch, which was incidentfree, nearly erupted in the82nd when Campbell wassend off on a red card for theelbow on Solskjaer. AP

AFP

MAN MOUNTAIN: Arsenal’s Lauren (L) is wondering whether thiswas the right time to celebrate even as teammates jump onThierry Henry (below) to congratulate him after he scored theequaliser against Manchester United during the PremierLeague match in London.

‘Lewis had failed dope test, thrice’London: Documents purporting to show thata number of American athletes were allowed tocompete in the Olympics after failing drug testsprove long-held suspicions of US drug cover-ups, the head of the World Anti-Doping Agencyhas said.

Dr Wade Exum, the former USOC directorfor drug control from 1991 to 2000, releasedmore than 30,000 pages of documents to SportsIllustrated. He says they show that athletessuch as Carl Lewis and Mary Joe Fernandeztested positive but were allowed by the USOlympic Committee to compete anyway.TheOrange County Register reviewed more than10,000 confidential USOC documents for a sto-ry about the committee’s failure to deal withdoping issues. WADA head Dick Pound said thedocuments reinforce what some critics

believed all along.“It’s what many people suspected about the

US Olympic Committee, that it was being cov-ered up,” he said in an interview. The USOCcalled Exum’s accusations baseless. In October2000, the USOC handed over drug-testing re-sponsibilities to a new organisation, the USAnti-Doping Agency.

Exum claimed more than 100 positive drugtests for US athletes who won 19 Olympicmedals from 1988-2000, but that many of themwere allowed to compete. Exum said Lewis wasamong them, testing positive three times forsmall amounts of banned stimulants found incold medications at the 1988 Olympic trials.The USOC first disqualified him, then acceptedhis appeal on the basis of inadvertent use. AP

��OID��‰�‰��†��‰�K���

TOID180403/CR1/20/K/1

��OID��‰�‰��†��‰�����

TOID180403/CR1/20/Y/1

��OID��‰�‰��†��‰�M���

TOID180403/CR1/20/M/1

��OID��‰�‰��†��‰�C���

TOID180403/CR1/20/C/1