Amendments to SEBI Act finalised -- SEBI to have stronger board, more investigative powers
THE Government has finalised the amendments to the SEBI Act, featuring strengthening of the SEBI board and linking the monetary penalties to be imposed for market offences to the amount involved in such offences.

Forex reserves up $141 m at $43.596 b
THE country's forex reserves have increased by $141 million to $43.596 billion for the week ended July 6, 2001 as compared to $43.455 billion in the previous week.

Package deal for investors eludes UTI
IT was an anti-climax for anxious investors and mediapersons who had gathered at the UTI office here today expecting the announcement of a package to bail out US-64 unitholders.

Putting processed food on top shelf
FOR all those equating processed food with junk food, here's something to chew on. The Department of Food Processing Industries (DFPI) is embarking on an advertising blitzkrieg to bust the myth, associating processed food with fast food.

RED-LETTER SATURDAY:
Picture: The Pakistani President, Gen. Pervez Musharraf, and Begum Sehba Musharraf being welcomed at a ceremonial reception at Rashtrapati Bhavan by the President, Mr. K.R. Narayanan, Mrs. Usha Narayanan and the Prime Minister, Mr. Atal Bihari V ajpayee.

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