Criminal probe ordered into
Enron Corp
Washington: The US justice department has opened a criminal
investigation into the bankruptcy of the embattled Enron Corporation. The
department has formed a task force that includes attorneys and investigators
from various US attorneys' offices.
Among the several issues likely to come under scrutiny are the company's
efforts to prevent its employees from selling Enron stock from their retirement
accounts. This caused losses of billions of dollars for Enron employees.
The investigation would
also look into several dealings which are not shown in the company's book of
accounts.
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A-I
shifts global operations from Delhi
New Delhi: Air-India has suspended its Delhi-London flight temporarily.
The direct flight to Paris and the Delhi-London-New York plus
Delhi-London-Chicago flights have also been suspended for some time as the
national carrier's Delhi operations are being shifted to Mumbai.
No international flight
will originate or terminate at Delhi and all such operations will be handled
out of Mumbai for the time being.
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Virgin
plans more flights to Delhi
New Delhi: Virgin Atlantic plans to increase its frequencies to Delhi
and other cities in the next 12 months.
Since July 2000, Virgin has been flying twice a week direct between Delhi and
London compared with 19 of British Airways and 10 of Air-India. Talks with
Air-India on starting the third flight have not made any progress yet.
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Insurance
for all in Indore
Indore: For the first
time in the country, an entire city has been provided insurance cover against
accidents without premium.
Under the scheme, the premium for the insurance is to be borne by the
corporation.
In case of death in accidents, the next of kin gets Rs 10,000. If an accident
victim is disabled, he gets Rs 10,000, while Rs 5,000 will be given in case of
partial disability.
As a special gift to girls, 17,000 government school going girls will be given
Rs 1,200 every year in case either of her parents dies or is disabled in an
accident. At the age of 18, she gets a lump sum of Rs 87,000.
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ADB
approves aid for Gujarat
Gandhinagar: The Asian Development Bank (ADB) has approved aid of Rs
77.90 crore for improvement of a stretch of 43 km of roads in the earthquake
devastated four cities of Bhuj, Bhachau, Rapar and Anjar in Kutch district.
The ADB has also approved resurfacing of 1211 km roads connecting villages
having population of more than 1000 in severely affected eight districts. The
work, to commence from the current month, would be completed by June 2002.
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