May 19, 2015 at 17:15 | Source: CNBC-TV18
Indias sugar crisis is at its peak with almost Rs 21,000 crore remaining unpaid towards farmers. The government has refused to move to the Rangarajan formula of linking sugarcane prices to sugar. The industry has once again threatened to close sugar mills and the banks have refused to lend further to this debt ridden sector.
May 19, 2015 at 08:32 | Source: Moneycontrol.com
On May 18, 2015 JP Morgan Indian Investment Company (Mauritius) Limited sold 41,17,550 shares of Balrampur Chini Mills.
May 18, 2015 at 15:55 | Source: Moneycontrol.com
Uttam Sugar Mills has reported a sales total income from operations of Rs 196.17 crore and a net profit of Rs 22.85 crore for the quarter ended Mar '15
May 11, 2015 at 15:27 | Source: Moneycontrol.com
Balrampur Chini Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 27, 2015, inter alia, to consider the Audited Financial Results of the Company for the year ended March 31, 2015.
May 09, 2015 at 16:10 | Source: CNBC-TV18
India's sugarcane crisis is at its peak with arrears to farmers mounting to a whopping Rs 21,000 crore. The state government in UP has refused to move to the Rangarajan formula of linking cane pricing to sugar, resulting in private mill owners threatening closure yet again.
May 02, 2015 at 10:27 | Source: PTI
The country's sugar production has increased by 14.27 percent to 27.37 million tonnes till April of the 2014-15 marketing year, industry body ISMA said on Friday while demanding the government to buy surplus sugar to help cash-starved mills clear cane arrears worth Rs 21,000 crore.
Apr 29, 2015 at 21:18 | Source: PTI
Government's decision to hike import duty on sugar and remove excise duty on ethanol will help millers only in the long run and it should buy 10 percent of the sweetener produced this year to help clear cane arrears.
Apr 29, 2015 at 15:34 | Source: CNBC-TV18
In an interview with CNBV-TV18, Gajanan Nabar, CEO & MD, Praj Industries, said the company will be able to produce 400 crore litre if the ethanol blending limit is hiked to 20 percent.
Apr 29, 2015 at 15:04 | Source: Reuters
Five straight years of surplus output has led to a free fall in prices, hitting mills' financials. Sugar mills owe about 201 billion rupees (USD 3.18 billion) to farmers.
Apr 27, 2015 at 15:29 | Source: Moneycontrol.com
Oudh Sugar Mills has informed that a meeting of the Board of Directors of the Company will be held on May 07, 2015, to consider and approve the Audited Financial Results for the financial year ended March 31, 2015 along with last quarter Audited Financial Results of the Company and to consider recommendation of dividend, if any.