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sugar news
Posted by :
abhaytiwPrice when posted : BSE: Rs 218.05 ( -2.13 % ), NSE: Rs. 218.40 ( -2.06 % )
Tracked by: 0 Boarder
Bill replacing cane pricing ordinance may be tabled next week: Pawar
Gargi Parsai, The Hindu, 26th Nov, 2009
The Government hopes to table the Bill to replace the ordinance on sugarcane pricing in Parliament next week, Union Agriculture Minister Sharad Pawar said here after chairing a meeting of major political parties.
The meeting remained inconclusive as leaders from southern States raised an objection to the removal of a provision (Section 5A) from the Sugarcane Control Order, 2009, that provided for mil-
-lers to share profits with farmers, particularly in States that used to pay the minimum statutory price for sugarcane. The Order forms a part of the proposed Bill that is to replace the ordinance.
The Government held the view that by replacing the MSP with a Fair and Remunerative Price (FRP) — through the ordinance — it had factored in “profit and risk” in the minimum cane price that would be given to farmers. This, however, did not satisfy leaders of southern parties, who will have another round of talks with Mr. Pawar and representatives of farmers’ organisations.
“On every issue, there can’t be a consensus. However, discussions are held to sort out the issues. I would convene a meeting of MPs of southern States on section 5A,” Mr. Pawar told journalists.
Bharatiya Janata Party leader Sushma Swaraj, who was present at the meeting, said the Government apprised them of the impact of the restoration of Section 5A. She added that the Centre explained that the FRP would allow for “upfront payment” to cane growers as it was the minimum fair price set by the Government. “FRP or SAP [State Advised Price] would not be linked to recovery,” Ms. Swaraj added.
CPI support for FRP
Communist Party of India leader D. Raja said the interests of farmers as well as consumers should be kept in mind, and that the process of consultation with all stakeholders should continue. His colleague Gurudas Dasgupta, who was also present at the meeting, said his party supported the system of FRP as farmers would henceforth get instant payment, while in the earlier system, there was deferred payment.
Rashtriya Lok Dal (RLD) leader Ajit Singh, for whom restoration of the SAP was the major issue, said that for States that had SAP, Section 5A was not an issue.
Speaking to The Hindu, Mr. Singh said millers in Uttar Pradesh had agreed to pay Rs.25 per quintal over and above the SAP of Rs.165-170 per quintal announced by the State government.
As a consequence, the RLD called off its chakka jaam (road-block) agitation on Thursday. Mr. Singh said his party would watch whether the millers and sugarcane samitis were satisfied with the cane price of Rs.190-195 per quintal announced by millers.
Wednesday’s meeting was attended, among others, by leaders of the Congress, BJP, RLD, CPI(M), CPI, Trinamool Congress, Samajwadi Party, Janata Dal (Secular), AIADMK, DMK and TDP.
...
sugar news
Posted by : abhaytiwPrice when posted : BSE: Rs 130.40 ( -3.41 % ), NSE: Rs. 130.25 ( -3.55 % )
Tracked by: 0 Boarder
Bill replacing cane pricing ordinance may be tabled next week: Pawar
Gargi Parsai, The Hindu, 26th Nov, 2009
The Government hopes to table the Bill to replace the ordinance on sugarcane pricing in Parliament next week, Union Agriculture Minister Sharad Pawar said here after chairing a meeting of major political parties.
The meeting remained inconclusive as leaders from southern States raised an objection to the removal of a provision (Section 5A) from the Sugarcane Control Order, 2009, that provided for mil-
-lers to share profits with farmers, particularly in States that used to pay the minimum statutory price for sugarcane. The Order forms a part of the proposed Bill that is to replace the ordinance.
The Government held the view that by replacing the MSP with a Fair and Remunerative Price (FRP) — through the ordinance — it had factored in “profit and risk” in the minimum cane price that would be given to farmers. This, however, did not satisfy leaders of southern parties, who will have another round of talks with Mr. Pawar and representatives of farmers’ organisations.
“On every issue, there can’t be a consensus. However, discussions are held to sort out the issues. I would convene a meeting of MPs of southern States on section 5A,” Mr. Pawar told journalists.
Bharatiya Janata Party leader Sushma Swaraj, who was present at the meeting, said the Government apprised them of the impact of the restoration of Section 5A. She added that the Centre explained that the FRP would allow for “upfront payment” to cane growers as it was the minimum fair price set by the Government. “FRP or SAP [State Advised Price] would not be linked to recovery,” Ms. Swaraj added.
CPI support for FRP
Communist Party of India leader D. Raja said the interests of farmers as well as consumers should be kept in mind, and that the process of consultation with all stakeholders should continue. His colleague Gurudas Dasgupta, who was also present at the meeting, said his party supported the system of FRP as farmers would henceforth get instant payment, while in the earlier system, there was deferred payment.
Rashtriya Lok Dal (RLD) leader Ajit Singh, for whom restoration of the SAP was the major issue, said that for States that had SAP, Section 5A was not an issue.
Speaking to The Hindu, Mr. Singh said millers in Uttar Pradesh had agreed to pay Rs.25 per quintal over and above the SAP of Rs.165-170 per quintal announced by the State government.
As a consequence, the RLD called off its chakka jaam (road-block) agitation on Thursday. Mr. Singh said his party would watch whether the millers and sugarcane samitis were satisfied with the cane price of Rs.190-195 per quintal announced by millers.
Wednesday’s meeting was attended, among others, by leaders of the Congress, BJP, RLD, CPI(M), CPI, Trinamool Congress, Samajwadi Party, Janata Dal (Secular), AIADMK, DMK and TDP.
...
sugar news
Posted by : abhaytiwPrice when posted : BSE: Rs 227.05 ( -2.37 % ), NSE: Rs. 226.00 ( -2.67 % )
Tracked by: 0 Boarder
Bill replacing cane pricing ordinance may be tabled next week: Pawar
Gargi Parsai, The Hindu, 26th Nov, 2009
The Government hopes to table the Bill to replace the ordinance on sugarcane pricing in Parliament next week, Union Agriculture Minister Sharad Pawar said here after chairing a meeting of major political parties.
The meeting remained inconclusive as leaders from southern States raised an objection to the removal of a provision (Section 5A) from the Sugarcane Control Order, 2009, that provided for mil-
-lers to share profits with farmers, particularly in States that used to pay the minimum statutory price for sugarcane. The Order forms a part of the proposed Bill that is to replace the ordinance.
The Government held the view that by replacing the MSP with a Fair and Remunerative Price (FRP) — through the ordinance — it had factored in “profit and risk” in the minimum cane price that would be given to farmers. This, however, did not satisfy leaders of southern parties, who will have another round of talks with Mr. Pawar and representatives of farmers’ organisations.
“On every issue, there can’t be a consensus. However, discussions are held to sort out the issues. I would convene a meeting of MPs of southern States on section 5A,” Mr. Pawar told journalists.
Bharatiya Janata Party leader Sushma Swaraj, who was present at the meeting, said the Government apprised them of the impact of the restoration of Section 5A. She added that the Centre explained that the FRP would allow for “upfront payment” to cane growers as it was the minimum fair price set by the Government. “FRP or SAP [State Advised Price] would not be linked to recovery,” Ms. Swaraj added.
CPI support for FRP
Communist Party of India leader D. Raja said the interests of farmers as well as consumers should be kept in mind, and that the process of consultation with all stakeholders should continue. His colleague Gurudas Dasgupta, who was also present at the meeting, said his party supported the system of FRP as farmers would henceforth get instant payment, while in the earlier system, there was deferred payment.
Rashtriya Lok Dal (RLD) leader Ajit Singh, for whom restoration of the SAP was the major issue, said that for States that had SAP, Section 5A was not an issue.
Speaking to The Hindu, Mr. Singh said millers in Uttar Pradesh had agreed to pay Rs.25 per quintal over and above the SAP of Rs.165-170 per quintal announced by the State government.
As a consequence, the RLD called off its chakka jaam (road-block) agitation on Thursday. Mr. Singh said his party would watch whether the millers and sugarcane samitis were satisfied with the cane price of Rs.190-195 per quintal announced by millers.
Wednesday’s meeting was attended, among others, by leaders of the Congress, BJP, RLD, CPI(M), CPI, Trinamool Congress, Samajwadi Party, Janata Dal (Secular), AIADMK, DMK and TDP.
...
RCOM at 410
Posted by : morgullordPrice when posted : BSE: Rs 168.90 ( -1.20 % ), NSE: Rs. 168.10 ( -1.72 % )
Tracked by: 0 Boarder
Hey cox,
dont average out now in rcom, wait for a slightly sustained uptrend with an improvement in fundamentals.
better to buy at 200 if moving up then 160 going down....
In reply to:
RCOM at 410
Posted by :
cox
Dear Vikrant,
I just ask for help what I should do at this stage.... I know everybody is not so active investor like you( i guess you are!).
I know where I was when this stock was trading on 130....but that was not the question!!!
btw I was just going thru your profile and reading your reply to few of the messages...and its like you are preaching everyone... what need to do...what not... like a mother do preaches to her child :)
If you are not comfortable with any message /question...There is nothing like you need to reply each and every message on this board!Be polite!
Anyway Thanks for your advice.
Happy investing! 
Switch from RCOM to India Cements paid off !
Posted by : morgullordPrice when posted : BSE: Rs 168.90 ( -1.20 % ), NSE: Rs. 168.10 ( -1.72 % )
Tracked by: 0 Boarder
lol! nice one...
In reply to:
Switch from RCOM to India Cements paid off !
Posted by : jaggihs
How very modest of you!
Tracked by: 0 Boarder
then its good, when will it give dividend....
In reply to:
Heading
Posted by : Guest
it will give dividend
What does this mean to stock
Posted by : SM_1Price when posted : BSE: Rs 30.80 ( -1.91 % ), NSE: Rs. 31.00 ( -1.74 % )
Tracked by: 0 Boarder
Hello Kinchit,
any idea about this scrip, what should be long term target and when is the right time to buy more.....
In reply to:
What does this mean to stock
Posted by :
les
if the company is bogus then what you aare recommend it to hold for five years.
May it not delist uptill five years
First 300 kiosks
Posted by : goldentipPrice when posted : BSE: Rs 144.15 ( -1.81 % ), NSE: Rs. 144.05 ( -1.87 % )
Tracked by: 0 Boarder
And where do we get such information? India is not the US and Bartronics is no Infosys, there has been no press release to this effect. I also went Delhi Municipal Corporation website, there was no information regarding Aap Ke Dwar. Only during Q2 results, Bartronics announced that first kiosk has been opened in Paharganj. So, what I want to say is that I have checked all possible sources at my disposal and I got no more information. If you know anything more, let us know, instead of writing cryptic messages here. ...
In reply to:
First 300 kiosks
Posted by : Guest
No personal attack meant... just that educated guys / serious investors need to follow the company closely.. Warren Buffet`s cardinal rule #1
Tracked by: 1 Boarder
yes let us wait for the picture to become clear......
In reply to:
ANOTHER DOWN C I R C U I T. .
Posted by : SM_1
today also no offloading by promoters.. only circular trading of approx 3mn. I guess board meeting of 28 will bring some light to investors concern. The information of this board meeting can be seen on NSE web site.
Tracked by: 0 Boarder
today it has shown some strength. market went down 344 points but this one only .10....
In reply to:
Heading
Posted by : NAUGHTY007
will we get sub 30. levels tomm
Tracked by: 1 Boarder
today also no offloading by promoters.. only circular trading of approx 3mn. I guess board meeting of 28 will bring some light to investors concern. The information of this board meeting can be seen on NSE web site....
In reply to:
ANOTHER DOWN C I R C U I T. .
Posted by : tara23
i feel other 2 are ok , and 2nd one may be a good investment .. who knows?
IFCI will start journey from tommorrow
Posted by :
sabret00thePrice when posted : BSE: Rs 50.60 ( 2.12 % ), NSE: Rs. 50.55 ( 1.92 % )
Tracked by: 0 Boarder
I doubt IFCI will see 70 levels but I think 60 might be viable....
In reply to:
IFCI will start journey from tommorrow
Posted by : Varner
You hsave to evaluate it youself.
See its strength in todays downward move of the market.
Heading
Posted by : newaditionPrice when posted : BSE: Rs 261.10 ( -2.85 % ), NSE: Rs. 261.30 ( -2.83 % )
Tracked by: 0 Boarder
Anyway today it was at 259 so added one lot of december series Aswini gujral gave target of 300 with stop loss of 259 today i watched it didnot broke 259 so entered at 259...
In reply to:
Heading
Posted by : NAUGHTY007
dont enter now-wait a few days-buy if u get 250-or wait for rally
Bonus not reflecting.
Posted by : sabret00thePrice when posted : BSE: Rs 1064.60 ( -2.94 % ), NSE: Rs. 1063.75 ( -3.06 % )
Tracked by: 7 Boarders
Can anyone tell me do we need to manually change the quantity of shares in the Moneycontrol portfolio or will it change automatically?...
In reply to:
Bonus not reflecting.
Posted by : subasu
27/11/09 is the record date for issue of bonus shares.
So, you have to give 3 to 4 clear working days for them to complete the action of crediting bonus shares.
Be Patient. "Poruththaar Bhoomi AaLvaar"
Does any one get the reliance Bonus share
Posted by : sabret00thePrice when posted : BSE: Rs 1064.60 ( -2.94 % ), NSE: Rs. 1063.75 ( -3.06 % )
Tracked by: 3 Boarders
No. You should have bought a yesterday. But nevermind due to Bonus issue the price becomes half as you can see today. I guess you can wait a few days. Usually correction takes place during this time. Buy at around 1055-1060 levels and hold for long. The price of RIL will climb back quickly.
Disclaimer: The above statement is merely based on my personal experience with markets and stocks. I`m not a qualified market analyst....
In reply to:
Does any one get the reliance Bonus share
Posted by : pns06
If I purchase today then I will be entital for bonus share
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