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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (5031)	7/9/1999 8:56:00 AM
From: Mohan Marette	Respond to of 12475

Kargil report-NY Times. July 9, 1999 Fighting Leaves 166 Dead in Kashmir Filed at 6:11 a.m. EDT By The Associated Press MUSHKOH VALLEY, India (AP) -- During fierce fighting in Kashmir's Mushkoh Valley, Indian soldiers gunned down at least 50 guerrillas whom Pakistan's prime minister has tried to persuade to pull out of the area, field commanders said today. Two days of fighting in the fertile valley, some four miles from Pakistan's border has left at least 120 guerrillas and 44 Indian soldiers dead -- the highest casualty in a single operation since the fighting in the disputed province began in early May, Indian officials said. Soldiers also seized two peaks in the Batalik sector, some 65 miles northeast of Mushkoh Valley, said a senior field commander who declined to be identified. Gains made by Indian soldiers have been decisive, army chief Gen. V.P. Malik was quoted as saying in today's Indian Express newspaper. Malik had just finished a two-day visit to the battlefront with air force chief A.Y. Tipnis. India says it has pushed back the Islamic guerrillas several miles toward the cease-fire line that divides the Indian-controlled section of Kashmir from the sector controlled by Pakistan. Indian soldiers have retaken much of the territory but are facing heavy resistance in the Kaksar region. ''Their defenses in the Batalik area are crumbling,'' Malik was quoted as saying. ''Their casualties are very high and we see bodies lying all over.'' India says Pakistani troops are leading the fighters in Kashmir, a region divided between the two countries and claimed in its entirety by both. Islamabad, however, denies that, saying the fighters are Kashmiri insurgents that receive only moral support from Pakistan. Early today, the militants launched a counterattack to seize a peak that has a view of supply routes from Pakistan, but Indian soldiers held on. The Indian air force bombarded some of the guerrilla positions today, an air force spokesman said in New Delhi. He said the air strikes were successful, but gave no details. A Pakistani army statement said Indian aircraft intruded into its territory, and Pakistani air force jets twice tried to engage them. India denied the allegations. In the Batalik mountains, commanders said Indian soldiers captured one of the four ridges in the area after overnight fighting. Only one ridge remains in the hands of the militants, the commanders said. Indian soldiers suffered setbacks in neighboring Kaksar region, to the southeast, where fighting has raged for days over a barren mountain. Resistance has been fierce and at least two dozen Indian soldiers have been killed. Indian army commanders on Thursday showed The Associated Press three sacks of letters, maps of Indian army field guns and identification cards of Pakistan's Northern Light Infantry regiment that troops recovered from the mountains. Despite Pakistani Prime Minister Nawaz Sharif's promise to persuade fighters to withdraw, Indian commanders on the Himalayan front said there was no sign of a retreat. Instead, the guerrillas were attacking positions they lost earlier this week. Sharif returned to Pakistan on Thursday after meeting President Clinton in Washington and promising to take ''concrete steps'' to end the fighting. He scheduled meetings with top military commanders and his Cabinet. Sharif hopes to sell the agreement to defiant opposition and right-wing groups. Religious parties, guerrilla groups and opposition political parties have accused Sharif of betraying Pakistan. The right-wing Jamaat-e-Islami party accused him of treason and threatened to try to depose him. Pakistan has said it has no control over the militants in the mountains inside India, but observers in Islamabad say if the Pakistan army withdrew its troops and artillery support, the guerrillas would have little chance of holding on. Guerrillas entrenched among the Himalayan peaks have said they would rather die than retreat in their fight to separate Muslim-majority Kashmir from Hindu-dominated India. India said Thursday that 639 Pakistani soldiers and more than 150 Islamic guerrillas have been killed in the fighting so far, while 321 Indian soldiers have died, 451 were wounded and 10 were missing. The figures could not be independently confirmed. nytimes.com

To: Mohan Marette who wrote (5031)	7/9/1999 9:01:00 AM
From: Mohan Marette	Respond to of 12475

PC market on a roll PC sales crossed 1 m in FY99, driven by huge small office demand. This has happened for the first time that PC sales have crossed the magic million figure in a year. The hardware industry in India took off nearly 15 years ago, and till FY95 could sell only 1 m desktop PCs. In FY99, the installed base of PCs (i.e. the number of total personal computers) should easily have crossed the 4 m mark. According to Manufacturer's Association for Information Technology (Mait's) second annual performance review of the hardware industry for FY99 shows that the desktop PC segment has grown by 29% over FY97. In value terms, it has gone from Rs 37 bn to Rs 43.3 bn. The segment, which is leading the charge, is the household and small business sector. The small business segment (less than ten employees) has grown by 120%, while the home segment clocked a growth of 7.6%. The report by IMRB indicates that out of total volume sales, the government/corporate segment accounted for 82%, the rest going to the home segment. The share of the government/corporate segment has grown significantly on the back of phenomenal increase shown by the small office segment. 9 July, 1999 (IndInfo)