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BUSINESS STANDARD

It was a week of dramatic events. On the political front there was drama as the Tamil Nadu police swung into action and arrested former chief minister K Karunanidhi and two union ministers, Murasoli Maran and T Baalu.

On the financial front the Unit Trust of India finally admitted that US-64 was in deep trouble and ordered that it would suspend buybacks for six months. UTI chief P S Subramanyam was forced to put in his papers two days after the announcement.

All this came during a week when all eyes are turned to Pakistan and General Musharraf. Agra is being cleaned up but the Government

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First Published: Jul 07 2001 | 12:00 AM IST

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