Corporate
Eradi panel for changes in insolvency law
THE Justice V. Balakrishna Eradi Committee, which was set up to suggest changes in the ``Insolvency Law'' submitted its report to the Prime Minister, Mr. Atal Bihari Vajpayee.

Dividend declared for Chola Gilt
CHENNAI: Cholamandalam Cazenove Mutual Fund has declared a dividend of 6 paise per unit (0.60 per cent), under the Dividend Option of Chola Gilt - Savings Plan, a dedicated Government securities scheme.

Indo Rama revises product prices
NEW DELHI: Indo Rama Synthetics (I) Ltd has increased the basic price of polyester staple fibre (PSF) by Rs. 1.50 per kilogram (kg) to Rs. 55.50 per kg with effect from September 1.

Sterlite plans big hike in optical fibre capacity
THE Rs. 2,925-crore Sterlite Industries (India) Ltd's telecom entity is planning to increase its optical fibre manufacturing capacity from the current two million fibre kms (FKMs) to 10 million FKM by 2003-2004.

Financial Performance
Isibars sales up 30 pc
Isibars Ltd has ended the first quarter of 2000-2001 with a 30 per cent rise in sales at Rs. 40.10 crores.

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