Body found from lake
CHANDIGARH,
March 12 The body of a Sector 18 resident, Baldev
Singh, was fished out of the Sukhna Lake by the police
today.
Police rounds up 21 men
CHANDIGARH,
March 12 The police has arrested 12 persons from
different parts of the city on the charge of moving
around under suspicious circumstances. Five persons have
been arrested on the charges of creating nuisance under
the influence of liquor.
Y2K bug costs banks crores
CHANDIGARH,
March 12 The Y2K issue is probably the biggest
technology challenge faced by the financial industry.
Every automated system, including equipment with computer
chips embedded inside, was potentially at risk and had
been analysed and renovated or replaced.
Interest rates cut
CHANDIGARH,
March 12 The LIC Housing Finance Limited has
slashed the interest rates on its housing loans.
Computerised revenue documents
SAS NAGAR,
March 12 The process of issuing documents relating
to the sale or purchase of property, power of attorney,
general power of attorney, sale deeds and other revenue
related documents at the local Sub-division office will
be computerised from April 1.
'Town to be IT centre'
SAS NAGAR,
March 12 The Public Relations Department Minister
of Punjab, Mr Natha Singh Dalam, said here yesterday that
the town was poised to become a nerve centre of
information-technology facilities.
New garment brand in city
CHANDIGARH,
March 12 The Indian readymade garment industry is
worth Rs 6,000 crore a year while the share of the two
main players is only about Rs 600 crore, says Mr Sriram
Srinivasan, Managing Director of Indus-league Clothing, a
Bangalore-based company.
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