Sebi has set-up a committee for improvement of corporate goverance and accounting standards in the country. The 15-member committee headed by Y H Malegam would look into the improvement in the accounting disclosure norms in line with the listing norms of stock exchanges. ``Members of the committee would suggest ways to improve transparency in the financial statement of companies and audit report of auditors,'' said Mehta.

Sebi move on overseas terminals:

The Securities and Exchange Board of India (Sebi) has written to various securities market regulatory authorities world over for expansion of the country's stock exchange terminals overseas. ``We are waiting for permission from various countriesregulators for expansion of stock exchanges terminals and once the permission is granted, trading from outside the county can start,'' Sebi charman DR Mehta said.

Name changers may trap you:

Perturbed by the incoming trend which could seriouslyhurt the uninformed investors, the market regulator and the bourses are taking a serious look at these companies. As a step forward to pre-empt any fallout from such name changes, on Wednesday, the Sebi decided to make it mandatory for these companies to reveal the income generated from software business in their quarterly results.

Equities turn firm on NSE:

Lead by software shares, equities turned firm on the National Stock Exchange here Friday on the emergence of fresh buying activity. Mirroring the trend, the S&P CNX Nifty closed 13.05 points firmer at 1072.65 from the last close of 1059.60. The CNX Nifty junior ended higher at 1955.95 as against the last mark of 1921.30.

DSE index bounces back:

Hectic buying by speculators as well as domestic and foreign funds resulted in the revival of the bull run on the Delhi Stock Exchange. The Delhi Stock Exchange benchmark index (base 1983) recovered to close higher at 813.67, up 13.48 points over Thursday's close. Zee continued with itsupward march. Reversal seen on CSE: The downward trend witnessed at the Calcutta Stock Exchange was reversed following frantic buying support from operators and FIs. The CSE-40 index jumped 71.11 points to close the day at its highest level of 2038.53