US-64 bail-out plan yet to be finalised -- IDBI, LIC, banks giving final touches
INDUSTRIAL Development Bank of India, the Life Insurance Corporation of India and a couple of leading commercial banks are working out final details of a package to support the Unit Trust of India's US-64 scheme.

ACC posts Rs 44-cr profit in Q1
BETTER price realisation has pushed up first quarter profits of Associated Cement Companies.

Zee promoters place 50 lakh shares with US investor -- Bid to pay off Rs 60-cr liability
THE promoters of Zee Telefilms Ltd (ZTL) have placed 50 lakh shares with a US based-institutional investor for an estimated Rs 60 crore.

Ashwin Muthiah made SPIC Vice-Chairman
IN a series of changes, Mr Ashwin C. Muthiah has been elected Vice-Chairman of the Chennai-based Southern Petrochemical Industries Corporation Ltd. This was decided at a meeting of the board of directors of SPIC today.

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