| Buyback
                of shares cleared NEW
                DELHI, Oct 26  The Cabinet today cleared
                amendments to the Companies Act to allow buyback
                of shares by companies as part of efforts to
                reinvigorate capital markets.
 
 Adampur poll: CEC asks for
                report
 NEW
                DELHI, Oct 26  The Election Commission has
                sought an immediate report from the Punjab Chief
                Electoral Officer on the allegations of violation
                of model code of conduct and misuse of official
                machinery by the SAD-BJP government.
 
 Modi Rubbers director held
 NEW
                DELHI, Oct 26  The Delhi Police has
                arrested a senior director of Modi Rubbers on
                charges of extortion and intimidation through
                underworld don Dawood Ibrahims alleged
                frontman and politician Romesh Sharma, who was
                recently nabbed in the city.
 
 
 |  Revised
                scales for varsity teachers EW DELHI, Oct 26  The Union Cabinet today
                approved the revised pay scales with effect from
                January 1, 1996 for university and college
                teachers.
 
 All pensioners to
 be on par
 NEW
                DELHI, Oct 26  The Union Cabinet today
                decided to raise the pension of all those Central
                Government employees who retired prior to January
                1, 1996, on a par with those who retired after
                that date.
 |