Los Angeles Indian Community - LAIndian.com
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Historical Event on 7/1/1964

Industrial Development Bank of India (IDBI) was established.

Other Historical Dates and Events
6/19/1995In an unprecedented move, UP Speaker Dhani Ram Verma adjourns the two-day special session called to prove Mayavati Government's majority in the House. Later, the House gathers, rejects the sine die adjournment and unanimously elects B.R. Verma (BSP) as new presiding officer to conduct the business of the House.
11/29/1947The Nizam of Hyderabad said that he would not consider acceding to either dominion, but would agree to a 'standstill arrangement' with India. The agreement is accepted by the Indian government.
6/3/1972First British designed Indian built mordern warship of the Leander class, 'INS Nilgiri' commissioned Prime Minister Indira Gandhi, was completely made in Mazgaon Dock, Mumbai.
11/19/19971996 Indira Gandhi prize for peace, disarmament and development presented to Medicins Sans Frontieres, a non-government organisation, providing medical aid to the needy across the globe, by President K. R. Narayanan on the 80th birth anniversary of Indira Gandhi.
8/25/1999Former Indian Davis Cup captain Narendra Nath died in Delhi.
3/11/1963First Railway Engine was produced by Chittaranjan Railway Factory.
3/11/1963Chaitanya Maha Prabhu, vaishnav Sant, passed away. His mortal remains at Puri.(9/7or 29/6).
4/12/1978India's first double decker train was started between Victoria Terminus (CST) and Pune which beared the name as ""Janta Express"", which is now known under the name of Shivaji's fort as ""Singhgarh Express"".
6/27/1999India won the four-nation under-21 women's hockey title, defeating England in the final at the Kean University, New Jersey.
11/24/1963Marotrao Kannamwar, former Chief Minister of Maharashtra, passed away.