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Advanced Kalashnikovs to be manufactured in India

New Delhi, Feb 18 (UNI) Kalashnikov 100, an advanced version of the AK-47 assault rifle used by security forces and terrorists alike with ease, will be manufactured in India by an undisclosed company under license from the parent company--IZHMASH OJSC.

The undisclosed Indian company, in which the Centre has majority stake, is in negotiations with IZHMASH and details were being finalised, Mr Alexander A Zavarzin, Foreign Economic Activity Director of IZHMASH told reporters here today.

''I can't disclose the name of the company. It is a big company, a serious one and financially good,'' he said without disclosing the name of the company.

Mr Zavarzin, whose company is participating in the ongoing Defexpo here, said the new version of Kalasnikov would be an advanced series with a plastic handle instead of the wooden one which will be three times stronger than a wooden handle.

It will also be much lighter than the original version and will have a night vision arrangement. It will also have less recoil.

Mr Zavarzin said he had visited many states and met several police chiefs and officials trying to persuade them to equip their forces with the upgraded Kalashnikovs.

He regretted that the Kalashnikovs were misused by terrorists and criminal elements.

''We had manufactured the guns for defence of the country and not offence,'' he added.

UNI RB PK BD2050

One killed, 2 injured in powerful explosion in Junagadh Dist

Rajkot, Feb 18 (UNI) A 10-year-old boy was killed and two others injured in a powerful bomb blast that rocked Mithivav area of Mangrol in Junagadh district today. Junagadh Superintendent of Police (SP) Sailesh Katara said preliminary investigations revealed that a bomb, planted in a parked motorcycle, went off this morning at around 0830 hrs, killing a boy and injuring two others. The deceased was identified as Abu Bakar Hasan Billy. The critically injured people,.....

RBI to make electronc transfer mandatory for large value payments

Mumbai, Feb 18 (UNI) The Reserve Bank of India has proposed to make all large value payments of Rs one crore and above through electronic payment mechanism from April 1. In an approach paper released here today, the RBI said that such transfer would cover all payment transactions of Rs one crore and above between the RBI regulated entities such as banks, Primary Dealers and the NBFCs, besides RBI regulated markets such as money market,.....

Five more CRPF companies sought,police stations to be fortified

Bhubaneswar, Feb 18 (UNI) Orissa Chief Minister Naveen Patnaik today said all police stations in the state would be fortified and five more India Reserve Battalion created and urged Union Home Minister Shivraj Patil to send five more CRPF companies while combing operation against the Naxalites further intensified to apprehend the ultras, involved in the killing of 17 policemen and a civilian at Nayagarh. Mr Patnaik said he spoke to the Union Home Minister, who.....
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