US-64 repurchase at NAV after three years
AHEAD of starting disclosure of daily NAV for the US-64 scheme from January 1, 2002, Unit Trust of India today announced a staggered plan for repurchase of units. It also decided to change the investment pattern of the US-64 corpus.

Market on tenterhooks -- Re loses 15 paise
TENSION at the border continues to dampen the sentiment in the equity and forex markets. The rupee has lost around 30 paise in the past three days. On Thursday, the rupee closed weaker at 48.19/20 to a dollar compared to its previous close of 48.05, losi ng 15 paise.

3 members resign from Bellary Steels board
THREE top members of the reconstituted board of Bellary Steels and Alloys Ltd, including the Executive Chairman, Dr S.K.Gupta, are understood to have resigned.

IDBI sanctions Rs 400 crore for Batata
BIRLA Tata AT&T Cellular, formed by the merger of Birla AT&T Communications with Tata Cellular last year, has been sanctioned Rs 400 crore by Industrial Development Bank of India.

Amol Sandil quits Ashok Leyland
ASHOK Leyland's Executive Director (Marketing), Mr Amol Sandil, has resigned. Confirming this to Business Line, Mr Sandil said that he would be handing over charge formally on Friday.

Meet on APM dismantling deadlocked
DESPITE the public stance of a consensus on the issue of dismantling of the Administered Price Mechanism (APM), the Finance and Petroleum Ministries continued to remain deadlocked over basic issues at the end of the eighth round of meeting held on Thursd ay.

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