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Historical Event on 7/4/1997
Centre frees from its control nine top public sector undertakings, accounting for over Rs. 10,000 crore profits annually, to become global giants by providing them full financial and operational autonomy. This included newsprint and paper from licensing controls.

Other Historical Dates and Events
6/1/1944	M. V. Dhurandhar, famous master painter of Maharashtra, passed away.
5/13/1996	M. Karunanidhi (DMK) sworn in as Tamil Nadu CM.
4/24/1929	First non-stop flight from England to India takes-off.
7/19/1990	Planning Commission decides to make changes in the Gadgil formula for central assistance to States in consultation with states.
1/18/1995	Kumble takes 16-99 in a match for Karnataka vs Kerala.
1/14/1993	The Supreme Court absolves Railway Minister Jaffer Sharief of corruption charges in the wagon deal with Asea Brown Boveri.
8/26/1984	An Indian Airlines Boeing with 68 passengers and a crew of six hijacked to Lahore. The 12 Sikh hijackers then surrendered to the authorities in the U.A.E and released all the passengers.
9/12/1992	Mallikarjun Bhimramayya Mansoor, famous Hindustani classical vocalist of Jaipur Gharana, died in Dharward, Karnataka at the age of 81 years.
8/15/1960	Maharashtra State Sahkari Grihvitta Corporation was established.
10/3/1988	Lebanese kidnappers release Mithileshwar Singh after 30 months of being held captive.

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Historical Event on 7/4/1997 Centre frees from its control nine top public sector undertakings, accounting for over Rs. 10,000 crore profits annually, to become global giants by providing them full financial and operational autonomy. This included newsprint and paper from licensing controls.

Historical Event on 7/4/1997
Centre frees from its control nine top public sector undertakings, accounting for over Rs. 10,000 crore profits annually, to become global giants by providing them full financial and operational autonomy. This included newsprint and paper from licensing controls.