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Principal in ACB net

Hyderabad, Oct 18 (UNI) Principal of AP Social Welfare Residential Institutions Society, Challapally, Krishna district was trapped today when he demanded and accepted a bribe of Rs 3,500.

The Principal S T P A Singanacharyulu had sought bribe from a catering contractor, for doing official favour of releasing the cheque for balance amount for the catering work done by him for the months of June, July and August, 2006.

Both the hand fingers of accused tested positive when subjected to chemical test and the tainted amount was recovered from his pant pocket, an official release said.

The accused would be produced before the Special Judge for ACB cases, Vijayawada.

UNI SM ROY 1641

Heavy rains lash city, suburbs

Kolkata, Oct 18 (UNI) Torrents lashed the city and its suburbs today following a trough of well marked low pressure along the eastern coast of India, according to the Met department. The met officials said the trough of low pressure extended from South West Bay to North East Bay of Bengal across the Central Bay of Bengal has been spotted. Under its influence there would be heavy rains in the coastal areas stretching from Sri.....

Vijaya Bank eyeing banks in North for acquisition

Bangalore, Oct 18 (UNI) Nationalised Vijaya Bank is open to acquire a bank in the North or Western region of the country if any worthy proposal emerges, Bank Chairman and Managing Director Prakash P Mallya indicated today. Talking to newspersons here, he said ''currently no bank is on our radar, nor we are in the radar of any bank for acquisition.'' Mr Mallya, however, did not rule out the possibility of Vijaya Bank figuring in.....

SBS makes allround growth in half-year results

Ahmedabad, Oct 18 (UNI) The State Bank of Saurashtra (SBS) has made allround growth with good performance in various areas during the first half year of 2006-07, says Mr S K Singh, managing director, SBS, here today. Talking to reporters here, Mr Singh said that the Bank's net profit for half year ended on September 30, 2006 is Rs 47.14 crore compared to Rs 30.71-cr in previous years during the same period. The growth registered.....
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