In an interview with CNBC-TV18, Vivek Saraogi, MD of Balrampur Chini Mills spoke about the latest happenings in his company and sector.

Sugar price stable; will sell at Rs 35.50/kg: Balrampur Chini

The government's decision will affect companies who have held stock in godown, says Vivek Saraogi, MD of Balrampur Chini Mills.

Balrampur's credit rating upgraded; co hopeful of paring debt

For the FY16 crushing season, the company's sugar production will be over 78 lakh bags, said Vivek Saraogi, MD of Balrampur Chini.

Decision not to hike cane price in UP +ve for sugar cos: Tulsian

The Uttar Pradesh (UP) government has kept the cane price unchanged at Rs 280 per quintal, which could be net positive for some sugar companies. This price has been constant for the third year now.

Ethanol procurement price to aid ind revenue growth: ISMA

ISMA director general Abhinash Verma believes the sugar industry will see better realizations with the new price. The industry revenue will increase by nearly Rs 5,000 crore, he adds.

On verge of extinction, UP sugar mills send 'SoS' to govt

Sugar cane prices have increased 17 percent on average for the last three years, while sugar prices have been lower by nearly 10 percent year-on-year (YoY).

New ethanol price to benefit OMCs, sugar cos: Balrampur

In an interview to CNBC-Tv18. Vivek Saraogi, MD of Balrampur Chini said that even at this price oil companies will make money and since the price is higher than what companies were getting last year, it is a win-win situation for both parties.

Sugar Decontrol: Pricing may take 2-3 yrs to execute, says Balrampur Chini

Vivek Saraogi, MD of Balrampur Chini told CNBC-TV18 that he finds the recommendations for sugar decontrol exciting. According to him, the recommendations associated with the finished product which is sugar might be implemented soon, while those associated with cane pricing and raw materials will take a little more time.

New cane pricing formula tough to execute: Balrampur Chini

An expert committee headed by Prime Minister‘s economic advisory panel chairman, Dr C. Rangarajan, has recommended introduction of new cane pricing formula based on fair and remunerative price (FRP). Vivek Saraogi, managing director, Balrampur Chini told CNBC-TV18 that it would be difficult for companies to implement it.

Weak rains but sugar prod to be balanced: Balrampur Chini

In an interview with CNBC-TV18, Vivek Saraogi, MD of Balrampur Chini sounded hopeful on the policy front, about rational cane pricing and other issues related to sugarcane production in UP.

Sugar prices may rise to Rs 31/kg in few months: Balrampur

Vivek Saraogi, managing director, Balrampur Chini expects to see some improvement in domestic prices after this move.

Balrampur Chini hopeful of tax benefits after SP rule in UP

Balrampur Chini is hopeful of sugar incentive scheme being introduced by the newly elected Samajwadi Party government which will come to power in Uttar Pradesh.

Expect P&L hit of Rs 90cr post SC ruling: Balrampur Chini

Shares of Uttar Pradesh-based sugar companies took a beating after the Supreme Court directed private sugar mill owners to pay farmers in accordance with the special advisory price fixed by the state government.

Don't expect rally in domestic sugar prices: Balrampur

Shares of sugar companies shot up by 14% in the stock market on Monday, amid buzz of a partial decontrol of this sector, an old demand of the industry. However, Vivek Saraogi, managing director of Balrampur Chini Mills does not expect to see a rally in domestic sugar prices.

India's sugar output at 26.5 mt for SY12: Balrampur Chini

Indian sugar industry is hoping for a partial decontrol since a long period of time. Vivek Saraogi, managing director of Balrampur Chini Mills, in an interview to CNBC-TV18, gave his views on how the sugar sector will perform going forward.

Expect a hike in sugar prices post monsoon: Balrampur Chini

Speaking to CNBC-TV18, Vivek Saraogi, managing director of Balrampur Chini said that the government's decision to allow additional sugar exports will benefit the industry.

Look to retire Rs 350cr debt this fiscal: Balrampur Chini

Vivek Saraogi, MD, Balrampur Chini in an interview with CNBC-TV18 spoke about the latest happenings in the company and the road ahead.

Expect OGL export allowance very soon: Balrampur Chini

Speaking to CNBC-TV18 about their rationale behind this move, Vivek Saraogi, MD of Balrampur Chini said,"We thought, it is a good way of using depreciation. For us, using the depreciation into buyback is an extremely non-stressful move on the balance sheet

Govt in talks with states on deregulation: Balrampur Chini

Speaking to CNBC-TV18, Vivek Saraogi, MD of Balrampur Chini Mills said that the government has begun consulting states on sugar deregulation.