Dec 30, 2011 at 16:36 | Source: CNBC-TV18
Its new year cheers for Mundra Ports. It has emerged as the highest bidder for handling port project in Kandla port, price bids for which were opened earlier today. CNBC-TV18s Archana Shukla reports on the details quoting sources.
Feb 15, 2011 at 11:49 | Source: CNBC-TV18
In an interview to CNBC-TV18, Ravi Nedungadi, President and CFO of the company said that strong volume growth aided sales this quarter. The company is optimistic that they will be able to maintain double-digit growth.
Nov 19, 2010 at 13:15 | Source: CNBC-TV18
Globus Spirits Limited declared their second quarter results. The company saw its revenues jump up 30.3% at Rs 105.9 crore versus Rs 81.3 crore. Their PAT increased to 20.9% touching Rs 6.24 crore versus Rs 5.2 crore. Ajay Kumar Swarup, MD of Globus Spirits Limited spoke about the results and his outlook for the company.
Aug 17, 2010 at 17:53 | Source: CNBC-TV18
Last month prices of sugar were stable on the global front. In lieu of this, Sakthi Sugars is expecting better sugar production in the coming year. Their sales were up by 60.2% at Rs 458.5 crore compared to Rs 286.3 crore year-on-year.
May 08, 2009 at 08:34 | Source: Business Line
The crisis in sugar has not spilt over to alcohol, with liquor companies managing to source rectified spirit and molasses at virtually last years rates, if not lower.
Jan 22, 2009 at 11:09 | Source: CNBC-TV18
Ravi Nedungadi, CFO and President-Finance, UB Group, said the Q3 results are an aberration caused by the impact of high molasses prices. "Molasses prices are up three times and have negatively impacted margins. They are now down 30% from their highs, which will ease cost pressures."
Sep 15, 2008 at 08:35 | Source: Business Line
With prices of molasses and rectified spirit going through the roof, the proposed 10 per cent ethanol-blended petrol programme, supposed to be effective from next month, has been practically shelved.
Sep 10, 2008 at 08:45 | Source: Business Line
The tight supply position in sugar is spilling over to molasses and rectified spirit, with prices going through the roof much to the discomfiture of liquor companies and alcohol-based chemical manufacturers such as India Glycols and Jubilant Organosys.
Jun 04, 2008 at 12:35 | Source: Moneycontrol.com
PINC Research has recommended a buy rating on India Glycols with a 12-month price target of Rs 535. IGLs manufacturing prowess affords it strong flexibility in swinging to the cheapest feedstock i.e. sugarcane, ethanol or molasses.
Sep 14, 2007 at 16:28
The Group of Ministers, or GoM, call on sugar seems to be that do not tinker with the pricing mechanism and do not expect excise relief. The only reason to cheer may be a cut in customs duty on molasses, though a final call is awaited, reports CNBC TV18.