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ACC dips into red, makes Rs 59 cr loss
Cement firm, Associated Cement Companies, (ACC) has dipped into red as it announced a net loss of Rs 58.85 crore in the fiscal ended March 31, 2000 as against a net profit of 56.84 crore in the previous year.

New General Motors CEO to step up on accelerator for high growth
General Motors Corp, better known for its cumbersome bureaucracy and slow reaction to market trends. But when President G Richard Wagoner takes over as Chief Executive Officer of the world's largest automaker on Thursday.

IDFC looking at new models for road projects
India is developing a couple of new revenue models for attracting private capital to road sector projects, the head of Infrastructure Development Finance Corporation (IDFC) said on Wednesday.

Other headlines
Sensex up 2.83%, IT remain in limelight
Intel slashes chip prices upto 44%
FEMA to bring down curtains on draconian FERA today
Govt may shed 73% stake in steel PSUs
IDBI plans Care, ICRA merger
DRL, Cheminor approve 9-25 swap ratio
ONGC to invest upto Rs 6000 cr in Bombay High
Internet car retailing potential doubted
MTNL, DTS entry in cell services may be stalled again
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