The Financial Express -- News

Saturday, May 3 1997

Stringent curbs to control urea supply Credit rating either by Moody's or Standard & Poor's and an up-front advance of as much as 15% are among a host of stringent conditions imposed on suppliers of imported urea by the fertiliser department, in a bid to keep scamsters away.		Infrastructure Bond Issue
Escorts fund records 16% return Escorts Mutual Fund has recorded a return of 16% on its income bond scheme for the period ended March 31, 1997. A final dividend of 6.50% will be paid to unit holders under the dividend option of the scheme. The record date has been fixed at June 2.	Indian Rayon net jumps 16% to Rs 215 crore Indian Rayon & Industries, an A V Birla group company, has posted a net profit of Rs 214.77 crore in 1996-97, an increase of 16% over last year's Rs 184.75 crore. However, the profits fell short against the targeted figure of Rs 200 crore.

Stringent curbs to control urea supply