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SC order deals a major blow to CPI(M) and Basu
by Gautam Ghosh

       Kolkata: The Supreme Court order quashing the allotment of a plot of land in Salt Lake to Justice BP Banerjee, a former judge of the Calcutta high court, by Jyoti Basu from his discreminatory quota as the chief minister, has dealt a major blow to the state CPI(M) in general and Basu in particular. The apex court order, which came at a time when the party is gearing up for its state conference in February, is expected to have a serious impact on the CPI(M)'s rank and file. The verdict, which detected an "unholy alliance" between the concerned judge and the state government headed by Basu, appears to have vindicated the opposition parties' charge that the CPI(M)'s top leadership "has been involved in corrupt practices and nepotism during Basu's long tenure as the chief minister." This is the first time that a Marxist of Basu's stature has been served an open stricture by the apex court in connection with a litigation having immense political ramifications.

       The ruling Marxists are understandably trying to shield the veteran politburo member and put the entire blame on Justice Banerjee for the state government's predicament in the wake of the Supreme Court order. State CPI(M) organ, "Ganashakti," even went to the extent of publishing a distorted version of the court order to exonerate the former chief minister who allegedly allotted several plots of prime land in Salt Lake from his discreminatory quota in the late eighties among his relatives and close associates. While the Supreme Court order spoke of an "unholy alliance" between the passing of a judicial order by Justice Banerjee and granting of the order of allotment, the state CPI(M) mouthpiece said the order found "an unholy alliance between the judge's duty and personal interest." According to informed sources, other allottees of land from the chief minister's quota during Basu's tenure included his son, brother-in-law, a former advocate-general and his biographer. A number of leaders and legislators of different political parties, intellectuals and bureaucrats also benefited from the distribution of plots in Salt Lake when Basu was occupying the chief minister's chair. The apex court, in its order, mainly targeted Justice Banerjee as it clearly detected a link between his order allowing Basu to allot plots from his discreminatory quota and his getting a plot of land.

India's rigidity not good for ties: Musharraf  (Go To Top)

      Lahore: Pakistan President Pervez Musharraf has told some visiting Indian journalists attending a SAFMA moot that New Delhi's rigid stance on Kashmir could affect the progress of the ongoing composite dialogue between the two countries. Meeting up with the journalists at a hotel in Lahore, Musharraf is believed to have told them that Islamabad is sticking to its demand for a plebiscite in Kashmir blaming India of adopting a rigid stance. "We want to meet India half-way, but we are not going to go all the way," Musharraf was quoted as saying in response to Prime Minister Manmohan Singh's statement that India will not consider changing boundaries of Jammu and Kashmir. On his maiden visit as Prime Minister to Jammu and Kashmir on November 17, Dr Manmohan Singh had said that any division of the state was unacceptable, an option Musharraf talked about at an iftaar party in Pakistan.

Intel to invest 40 milion dollars in India (Go To Top)

      Bangalore: World's largest chip maker Intel Corporation has said it would invest upwards of USD 40 million at its India centre here for building software for its next generation Centrino mobile chip and for enterprise chips. The announcement was made when Intel Chief Executive Officer Craig Barrett laid the foundation stone for the next phase of Intel's centre here on a land of 43 acres. "Intel has already made capital investments in Bangalore of over USD 40 million since January 2003, with plans to spend a similar amount over the next two years," Barrett said in a statement. Journalists who had joined at the Intel's campus for a press conference of Barrett during his visit here boycotted the event, after the scheduled meet was delayed by nearly two hours with no clear explanation from Intel officials for the delay.

Reliance is professionally run: Mukesh Ambani (Go To Top)

      Mumbai: A stock analyst said today that the ownership issue between the two brothers over Reliance, India's second-biggest company with a market value of 16.5 billion dollars, could affect the markets in the long run. "In the long run, it will all depend on the post-ownership. The ownership problem that they have, once that is sorted out people will again take a look whether the company's management can still deliver the results they have been doing together," said Ankit Ajmera, senior consultant, Ajcon Capital Markets. Reliance Group shares plunged on Friday after chairman Mukesh Ambani admitted to differences with his brother Anil over the 'ownership issues'. Citing an example of General Electric company, Ambani had said in the interview that like GE has moved beyond Jack Welch, Reliance has also moved beyond one, two or three individuals. Ajmera, however, said that Reliance could not be compared to GE since Indian companies are still known by their promoters. "I think the example of GE that has been given, you cannot compare GE to a Reliance. Because even today a lot of Indian companies, even the best of companies depend on the promoters. Mukesh Ambani said 'that we have a professionally run company, our differences will not affect the running of the company.' But definitely in India, companies are run by the promoters," he said.

43rd World Junior Chess Championships starts in Kerala (Go To Top)

     Kochi: The 43rd World Junior Chess Championships has started here from Friday and will last till December 1. This is the third time in 12 years that the state is playing host to the event. Over 35 countries have already registered their names for the championship. The previous championship was held in Goa in the year 2002. India has orgainsed this premier competiton four times, which is more than any other country. The participants also seemed excited and energetic to play the game. Over 150 players from 40 foreign countries would fight for the prestigious title, Chess Association sources said. An important feature of this competition would be that the winners in both the boys and girls' sections will straight away win the international Grandmaster title. International Arbiter and FIDE rating administrator Casto P Abundo of Philippines is the Chief Arbiter of the event.

SA 230 for 4 at stumps: Day 1 (Go To Top)

      Kanpur: The South Africans have consolidated in the post-tea session on the first day of the Kanpur Test against India. The Proteas are 230 for four at stumps on Day 1. Andrew Hall, opening the innings for the first time in Test cricket, was batting on 78 while Boeta Dipenaar was on 46. Anil Kumble had earlier snapped up two wickets off successive balls in the penultimate over before tea, to suppress a spirited South African fight-back. The veteran leg spinner, who had claimed both the wickets to fall before lunch, swung the pendulum in India's favour again, dismissing Jacques Kallis (37) and Jacques Rudolph (zero) in consecutive deliveries.

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