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[Grapevine] For Dec 15, 1999



Title: The Mumbai Grapevine
The Mumbai Grapevine Connecting Mumbaikars with Mumbai
(Published by Mumbai-Central.com)
-: Advertisement :-


The Sunday Magazine (London) says:

Q : Which place in the world will experience the first sunrise of the new Millennium?
A : The Katchal island, in the Nicobar group of islands, India

How can this be? Find out more at:
http://www.pondy-central.com/katchal/?g

-: Advertisement :-

Headlines
News:
Global Conference on Children Opens
India to Witness 10 Million AIDS Patients by 2020
Shiv Sena corporator's husband shot dead
Maharashtra government to set up Shivaji's Memorial in Mumbai
Charges framed against 9 for causing 1993 communal riots
Miss World Yukta Mookhey accorded warm welcome
Indian captain ducks umpiring controversy
Akram prefers neutral umpires
Industry Poisons Land and Water in Gujarat - IPS


Markets:
BSE Sensex loses 25.22 points to close at 4665.56
Six to ten Indian companies might be listed on Nasdaq




Forex, Metals and Weather below

News
Global Conference on Children Opens
A global conference on " Children 2000 AD" began Wednesday in Calcutta, with a call from the Indian government to create a worldwide network for protection of children's rights.

Opening the four-day conference, Indian Minister of State for Women and Child Development Sumitra Mahajan urged participants to chalk out strategies that will provide children rightful treatment and stop their blatant neglect and abuse, the Press Trust of India (PTI) reported.

This is the first ever international conference on children held in India, which brought delegates from more than 20 countries including Britain, Bangladesh, China, France, Germany, Italy, Japan, Kenya, Russia South Africa, Thailand and the United States.


Top

India to Witness 10 Million AIDS Patients by 2020
India is likely to house more than 10 million AIDS patients by 2010, Deputy Chairman of the Planning Commission K.C. Pant, said Wednesday.

Launching the second phase of the National AIDS Control Program (NACP) here, he said that counter measures which are supportive of Indian culture should be pursued to control the spread of infection.

At the same time, existing health care infrastructure in the government and private sector should be strengthened to provide preventive and rehabilitative measures to tackle the AIDS menace, he added.

The second phase of the NACP, in which 14.25 billion rupees ( 331.40 million U.S. dollars) will be utilised over the next five years, aims to reduce the HIV/AIDS on a long term basis.

According to official estimates, India currently has 3.5 million AIDS patients.


Top

Shiv Sena corporator's husband shot dead
Mumbai: Atmaram Thagve, husband of the Shiv Sena corporator Anita Thagve, was shot dead by gangsters allegedly owing allegiance to underworld don Dawood Ibrahim here yesterday. According to police, Atmaram was on his way to the Sena party office at Versova in north-west Mumbai when he was fired at by his assailants, who arrived at the spot in an autorickshaw. Thagve, who sustained three bullet injuries on his right ear and chest, was rushed to the cooper hospital where he was declared dead before admission. Two persons have been arrested in this connection, police said adding two star pistols NAD 15 rounds of cartridges were recovered from them. The killing of Thagve comes in the wake of murder of a local Shiv Sena Shaka Pramukh Vivek Kelkar, who was shot dead at his Andheri office on December nine. The killing was believed to be the handiwork of Chotta Shakeel gang. petition filed by seven medical students, who challenged the newly-introduced anti-ragging Act, was today disposed of by the Bombay High Court after the state government said the legislation would not be applicable to offences committed prior to its enactment.


Top

Maharashtra government to set up Shivaji's Memorial in Mumbai
Nagpur: The Maharashtra government would set up a Chhatrapati Shivaji Memorial of international standard in Mumbai and develop it as a tourist site, chief minister Vilasrao Deshmukh informed the state Assembly here today. In a written reply, Deshmukh said the memorial would be built at a height on a structure akin to that of a fort and on the vestibule of the fort, weapons and other materials of Shivaji's era would be exhibited. At the memorial site, there would also be a replica of Shivneri fort, where the Maratha warrior was born, the chief minister said adding that substantial financial allocation had been made for the memorial this year.


Top

Charges framed against 9 for causing 1993 communal riots
Nagpur: Seven years after the riots broke out in the metropolis in the wake of Babri masjid demolition, a local court today framed charges against nine accused for killing two Mathadi workers which sparked off the first spell of wide-spread communal clashes between the two communities. Additional sessions judge, S.N. Deshmukh, framed charges against Nazir Arif Noor Mohammed Khan, Nazir Hussain Noor Mohammed Chaudhari, Sayyed Mansoor Sayyed Liyakat Hussain, Mohammed Hussain Gulam Shaikh alias Hussain Dharavi alias Mohan Malpade, Mohammed Sajid Maji Momin, Akbar, Abdul Rahman Sarbatwala, Rauf Chacha and Firoz Sarguro alias Konkani. Of them, Firoz Konkani has been shown as absconding although the police suspect that he has been killed by gangsters. His trial will be separated from the rest who owe their allegiance to the Dawood Ibrahim gang. The accused have been charged under various sections of IPC including sections 120-B (conspiracy) and 302 (murder) read with provisions of the arms act and Bombay police act. The matter has been adjourned to January 24 when charges will be explained to the accused individually. In the late hours of January 5, 1993, Lakshman Vishnu Kadam, a Mathadi worker, was mercilessly killed by a group of persons outside a transport godown where he was sleeping with others. His screams were heard by Shivaji Kadam (complainant) who ran inside the godown. The killers followed him and assaulted other workers who were sleeping. The victims shouted for help and the assailants ran away. Four persons were admitted to J.J Hospital where Laxman Kadam and Rajaram Kadam were declared dead.


Top

Miss World Yukta Mookhey accorded warm welcome
Mumbai: Miss World Yukta Mookhey was accorded a warm welcome by family members and fans when she arrived at the Chhatrapati Shivaji airport here early Wednesday by a British Airways flight. "It is great to be back home. People have showered lots of love and affection on me. It is amazing," she said. Yukta, a Mumbai girl from suburban Mulund, then drove to a hotel in Bandra, which is playing the official host for her stay here. Celebrations and festivities have been planned for Yukta who is scheduled to ride on a specially made chariot of six horses at Mulund Wednesday. She would also visit a children's home at Mankhurd in north-east Mumbai.

[Chhatrapati Shivaji airport is the new name for Sahar, in case you have not been able to keep up with the re-naming wave. -'shal]


Top

Indian captain ducks umpiring controversy
Adelaide, December 15 : Indian captain Sachin Tendulkar refused to buy into the row over his controversial dismissal day before yesterday in his team's first Test loss to Australia, despite widespread condemnation of the decision by India's fanatical cricket supporters. The master batsman was given out without scoring late on the fourth day of the first Test at Adelaide Oval after ducking into an attempted bouncer from Aussie paceman Glenn McGrath. But the ball did not bounce as high as expected, skidding through and striking the Indian skipper on the shoulder as he was crouching down. Australian umpire, Mr Daryl Harper, who also gave Tendulkar out in the first innings, hesitated for some time before raising his finger, sparking a row within both the Indian and Australian media. While some commentators applauded Harper's decision, others said the batsman should have been given the benefit of the doubt. Television replays of the ball's trajectory indicated it might have clipped the top of the stumps but were mostly inconclusive. When asked about the decision and the row it had created it back in India, Tendulkar graciously shrugged it off though he admitted he was a little disappointed. "I think the whole world has seen it, I don't think I should be talking much about it," Tendulkar said shortly. "I was disappointed so I didn't look at the replay at all. I thought it was the only ball in the match which kept low."


Top

Akram prefers neutral umpires
Mumbai, December 15 : Pakistani skipper Wasim Akram called for neutral umpires so that world class batsmen like Sachin Tendulkar do not fall prey to injustice, Akram agreed with commentators Sunil Gavaskar and Ian Chappell that Glen McGrath's ball would not have hit the stumps. Akram said he saw the incident on television and was sure that the ball would have gone over the stumps.


Top

Industry Poisons Land and Water in Gujarat - IPS
Ankleshwar: To state government officials, a series of sprawling industrial estates stretching 400 kms from the busy city of Ahmedabad to Vapi, in western India, is the "Golden Corridor."

Here hundreds of small and medium factories manufacturing chemicals, dyes, paints, fertilizer, plastics, pulp and paper, spew untreated wastes into the air and water, poisoning farmland for miles all around in gross violation of human rights.

Yet the Gujarat government is pushing ahead with its infrastructure development plan, Vision 2010, to make the second most urbanized Indian state into a dream destination for business, ignoring its impact on people and the environment.

In Nandesari Village, 220 hectares of fertile agricultural land has been turned into a chemical industrial estate. Ankleshwar, further south in the adjoining Bharuch district, on the Narmada estuary, is Asia's largest chemical zone.

In addition, policy planners have targeted Gujarat's 1,600 km Arabian Sea coastline for port-based industries. Already private investment worth $1.2 billion has been mopped up.

Mega cement plants are coming up on the coast in Kachchh and Saurashtra, while giant refineries of the Reliance and Essar group of industries are under implementation alongside the protected Marine National Park in the Gulf of Kachchh.

The industries' lobby is seeking a de-listing of the park and its fragile mangroves, through which a proposed pipeline will carry crude oil from Oman to central and north India.

A major portion of all future oil imports will arrive through Gujarat's ports. Already oil spills have affected vast stretches of mangrove forests in the Gulf of Kachchh.

"Vision 2010 is far from being a dream. It's a nightmare," laments Vijay Prakash Jani, of Janpath, an Ahmedabad-based organization working on environment and community mobilization issues through a network of NGOs in the state.

Gujarat's Vision document glosses over the environmental and ecological concerns or the impact of displacement, from land acquired for industrial estates, on people.

The independent Paryavaran Suraksha Samiti or the Environment Defence Committee have found evidence of severe air, land, and surface and ground water pollution.

"Unbridled exploitation of natural and common property resources has ravaged this area, and some of the damage is irreversible," it says.

For industrialists the "golden corridor" is a haven where all rules have been given the go-ahead by the government.

A majority of the one million workers here are unorganized migrants from the poorer Indian states of Orissa, Uttar Pradesh and Bihar, who are "scared to raise issues of occupational health and safety," points out Jagdish Patel, a worker.

Patel, who works in a chemical unit in Nandesari, is the founder of the Vyavasaik Swasthya Suraksha Mandal or the Occupational Health and Safety Group in the city of Vadodara, a big industrial center in Gujarat.

"Not only do we suffer from pollution related health problems, there is always the threat of accidents when containers explode, pipes burst, and put our lives at stake," says a poorly-paid and equipped worker in Ankleshwar, 340-kms north of India's financial capital, Mumbai.

India is one of the few countries still manufacturing the notorious family of chlorinate pesticides, many of which are banned in the industrialized north. Studies by Greenpeace show the effluents contain the most dangerous toxic chemicals known.

In the Golden Corridor multi-colored hazardous wastes lie in heaps on which children play. Discarded chemical drums are also part of their playground, while industrial gases hang in the air, especially in the winter, making breathing very difficult.

Most industries here are water intensive -- Vision 2010 envisages a high dependence on surface water, primarily from the controversial Sardar Sarovar multi-purpose project on the Narmada river, which has been challenged in India's Supreme Court.

The anti-dam people's movement, Narmada Bachao Andolan (NBA), estimates that industry will claim some one million acre feet of

water, although the authorities say the dam is being built to slake the thirst of drought-prone Saurashtra and Kutchch.

Says Shripad Dharmadhikari of the NBA: "Industrialization in Gujarat is based on the availability of cheap resources. Tribal land was acquired at throwaway rates by the Gujarat Industrial Development Corporation and re-sold to industrialists."

There is no record of how many thousands of people were uprooted, or adequately compensated, by the 170 large and small industrial estates that have sprung up in the "Golden Corridor" -- the densest part of which is between Vadodara and Vapi.

Abundant harvests of cotton, sugarcane, peanuts and wheat are being poisoned by factory wastes. Once-clear streams like the Amlakhadi are now noxious and foul-smelling channels of black sludge which have killed livestock that drank from it.

According to Ashok Rathi of the Vadodara-based Center for Environment, Science and Community (CESCOM), "Most of these industries have no safe disposal system for toxic wastes, causing grave damage to the riverine ecology."

A Gujarat High Court order on Oct. 21 this year, in response to a petition by CESCOM, has prohibited the dumping of effluents into the Amlakhadi unless they are treated.

Instead the National Environmental Engineering Research Institute (NEERI) has recommended that effluents be disposed in the deep sea -- indifferent to what happens to the marine life.

A 55-km pipeline is under construction at a cost of $3 million, although the National Institute of Oceanography is yet to complete its assessment of the impact on marine life.

Regulatory boards which are the watchdogs on industry appear to be working at cross-purposes in Gujarat. "There is lack of coordination between NEERI, Gujarat Pollution Control Board, Gujarat Water Supply and Sewerage Board and Gujarat Industrial Development Corporation," says Rohit Prajapati, an activist.

Vision 2010 is the government's blue-print for industrial development. But at what cost to people's livelihoods, health and the environment?


Top

Markets
To get today's complete NIFTY (the NSE index) listing send an e-mail to get-nse@mumbai-central.com
(Now updated multiple times a day)
BSE Sensex loses 25.22 points to close at 4665.56

The Bombay Stock Exchange (BSE) Sensitive index closed at 4665.56 losing 25.22 points.


Top

Six to ten Indian companies might be listed on Nasdaq

Six to ten Indian companies are all set to be listed on Nasdaq next year, a senior official of the stock market in the United States indicated. "We will have listed between six and ten Indian companies next year beginning from March if the market stays," Nasdaq's business development director, Asia/Pacific, Patrick N Sutch, said here. "There are also a lot of budding companies looking for listing." Speaking to reporters on the sidelines of a day-long workshop on "Getting listed on Nasdaq," organised by the Confederation of Indian Industry (CII), Sutch said the first wave of Indian companies to be listed on Nasdaq would be "everything from infotech, telecom and pharma." He hinted that Nasdaq might establish Nasdaq-India on the lines of Nasdaq-Europe and Nasdaq-Japan- when full convertibility of the rupee was allowed. "At a future time, if and when we get full convertibility of rupee, I am sure, my management will be looking at this possibility."
Top

Forex
      
  1 DMark  = 22.27969    INR    
  1 FFranc  = 6.643053    INR    
  1 U.K. Pound  = 69.89881    INR    
  1 US $  = 43.51000    INR    
  1 Yen  = 0.420305    INR    
  1 Singapore $ = 25.93 INR
  1 UAE Dirham = 11.85 INR
  1 Saudi Arabian Riyal = 11.60 INR 
Metals
Gold
  Mumbai  (Rs/10  gm)  4440.00  30.00  
  London  ($/Oz)  281.20  1.10    


Silver
  Mumbai  (Rs/kg)  8060.00  50.00  
  London  ($/oz)  5.14  0.00   
Weather
 
Temperature: 77 F / 25 C
HeatIndex: 79 F / 26 C
Humidity: 57%
Dewpoint: 61 F / 16 C
Wind: North  at 3 mph / 4.8 km/h
Pressure: 29.85 in / 1011 hPa
Conditions: Smoke
Visibility:  1 miles /  2 kilometers
  
Tonight: Low: 69 F / 21 C Clear
Thursday: High: 87 F / 31 C Clear
Thursday Night: Low: 69 F / 21 C Clear
Friday: High: 87 F / 31 C Clear
Friday Night: Low: 68 F / 20 C Clear
  
-: Advertisement :-


The Sunday Magazine (London) says:

Q : Which place in the world will experience the first sunrise of the new Millennium?
A : The Katchal island, in the Nicobar group of islands, India

How can this be? Find out more at:
http://www.pondy-central.com/katchal/?g

-: Advertisement :-

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