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  • Govt completes disposal of 35,857 tonnes of imported onions Apr 24, 2020 04:59 PM IST

    Govt completes disposal of 35,857 tonnes of imported onions

    Imported onions were dispatched to states such as Andhra Pradesh, Kerala, Telangana, Chandigarh, Uttar Pradesh, Assam, Uttrakhand, Himachal Pradesh, West Bengal, and Goa among others.

  • After skyrocketing prices, it's now distress sale for onions at Rs 10/kg: Report Feb 10, 2020 08:13 PM IST

    After skyrocketing prices, it's now distress sale for onions at Rs 10/kg: Report

    Onion prices saw an unprecedented rise after excess rains ravaged the cash crop plantations in Maharashtra’s Nashik, which has the largest area for the cultivation of onions in the country, and fears of a possible dearth of the essential vegetable in the market spiked prices.

  • Govt to create 1 lakh tons of onion buffer stock in 2020 Dec 30, 2019 02:36 PM IST

    Govt to create 1 lakh tons of onion buffer stock in 2020

    The government had created a buffer stock of 56,000 tonnes for the current year but it was not sufficient to contain the prices which are still ruling above Rs 100 per kg in most cities across the country. As a result, the government was compelled to import through state-run MMTC.

  • MMTC importing onions to meet demand; shipment likely by January 20: MoS Consumer Affairs Dec 06, 2019 02:42 PM IST

    MMTC importing onions to meet demand; shipment likely by January 20: MoS Consumer Affairs

    Delayed and prolonged rains are the main reason for damage to onion crops, Minister of State for Consumer Affairs, Food and Public Distribution, Dadarao said during Question Hour.

  • MMTC further contracts 4,000 tons of onions from Turkey: Centre Dec 04, 2019 07:30 PM IST

    MMTC further contracts 4,000 tons of onions from Turkey: Centre

    MMTC is importing onions on the behalf of the government, which is trying to check prices of the key bulb by improving domestic supplies through various modes, including imports.

  • MMTC contracts to import 6,090 tonnes onion from Egypt; to be supplied to states at Rs 52-60/kg Nov 25, 2019 09:50 PM IST

    MMTC contracts to import 6,090 tonnes onion from Egypt; to be supplied to states at Rs 52-60/kg

    States could directly take the imported stock from the location and also have the option of getting transportation facilitated through NAFED, if required.

  • MMTC contracts to procure 6,090 tonnes onion to boost supply, cut prices Nov 25, 2019 03:52 PM IST

    MMTC contracts to procure 6,090 tonnes onion to boost supply, cut prices

    Last week, the Union Cabinet decided to import 1.2 lakh tonnes of onions to improve the domestic supply and control prices, which touched Rs 100 per kg earlier this month. Retail prices are ruling at around Rs 70 per kg in the national capital.

  • MMTC floats tenders for import of 4,000 tonnes of onion Nov 11, 2019 06:17 PM IST

    MMTC floats tenders for import of 4,000 tonnes of onion

    While trading firm MMTC will import onions, cooperative Nafed will supply the key kitchen item in the domestic market. The decision was taken at a meeting of committee of secretaries held on Saturday.

  • Govt's MMTC to import substantial quantity of onions to check price rise Nov 08, 2019 05:59 PM IST

    Govt's MMTC to import substantial quantity of onions to check price rise

    This is the second tender the agency has floated. It had not received response from the bidders for the first tender issued for import of 2,000 tonnes.

  • Small & Midcaps outperform; nearly 50 stocks in BSE500 rise 10-50% in 4 sessions Sep 14, 2019 10:28 AM IST

    Small & Midcaps outperform; nearly 50 stocks in BSE500 rise 10-50% in 4 sessions

    Positive global cues helped Indian markets climb crucial resistance levels for the week ended September 14, but the big move was seen in the small & midcaps space.

  • MMTC Q1 net profit doubles to Rs 27.69 cr Aug 14, 2019 05:55 PM IST

    MMTC Q1 net profit doubles to Rs 27.69 cr

    The company had posted a net profit of Rs 13.66 crore during the corresponding period of the previous year, MMTC said in a regulatory filing to the BSE.

  • MMTC postpones tender to buy corn: Trade Jul 10, 2019 10:26 AM IST

    MMTC postpones tender to buy corn: Trade

    The previous tender deadline was Tuesday, July 9

  • MMTC tenders to buy corn, volume undecided: Trade Jul 08, 2019 03:01 PM IST

    MMTC tenders to buy corn, volume undecided: Trade

    The volume purchased will be decided by MMTC later depending on the level of prices received but minimum offers are 24,000 tonnes to 25,000 tonnes.

  • India's MMTC again postpones tender to buy corn: Traders Jun 20, 2019 11:24 AM IST

    India's MMTC again postpones tender to buy corn: Traders

    The volume purchased in the tender will be decided by MMTC depending on the level of prices received.

  • MMTC Ltd Standalone March 2019 Net Sales at Rs 7,101.80 crore, up 129.45% Y-o-Y May 30, 2019 04:47 PM IST

    MMTC Ltd Standalone March 2019 Net Sales at Rs 7,101.80 crore, up 129.45% Y-o-Y

  • MMTC Q4 net profit dips 8.26% to Rs 11.76 crore May 30, 2019 04:18 PM IST

    MMTC Q4 net profit dips 8.26% to Rs 11.76 crore

    Total income from operations in the reported quarter stood at Rs 7,107.66 crore, compared with Rs 3,110.71 crore in the year-ago period.

  • India's MMTC tenders to buy corn, volume undecided: Traders Apr 16, 2019 12:26 PM IST

    India's MMTC tenders to buy corn, volume undecided: Traders

    The volume purchased will be decided by MMTC later, depending on the level of prices received, but minimum offers are 20,000 tonnes.

  • MMTC plans to import corn at lower duties Feb 18, 2019 01:44 PM IST

    MMTC plans to import corn at lower duties

    India imposes 60 percent tax on overseas buying of corn but under the tariff rate quota it can allow imports at lower or zero duty.

  • MMTC Ltd Standalone December 2018 Net Sales at Rs 9,366.78 crore, up 176.54% Y-o-Y Feb 15, 2019 10:44 AM IST

    MMTC Ltd Standalone December 2018 Net Sales at Rs 9,366.78 crore, up 176.54% Y-o-Y

  • MMTC Ltd Standalone September 2018 Net Sales at Rs 7,422.81 crore, up 103.45% Q-o-Q Nov 12, 2018 06:57 PM IST

    MMTC Ltd Standalone September 2018 Net Sales at Rs 7,422.81 crore, up 103.45% Q-o-Q

  • MMTC Q2 net profit rises three-fold to Rs 32 crore Nov 12, 2018 06:46 PM IST

    MMTC Q2 net profit rises three-fold to Rs 32 crore

    The company had posted a profit of Rs 11.6 crore in the year-ago period, MMTC said in a BSE filing.

  • Govt unlikely to move ahead on MMTC-STC merger Jul 22, 2018 12:56 PM IST

    Govt unlikely to move ahead on MMTC-STC merger

    The ministry had also suggested that the government bear the expenses for VRS (voluntary retirement scheme) to be offered to about 600-700 employees of STC.

  • Market Update: 82 stocks hit new 52-week low, Indigo tanks 13%; ICICI Bank, Infratel up 1-2% May 03, 2018 10:06 AM IST

    Market Update: 82 stocks hit new 52-week low, Indigo tanks 13%; ICICI Bank, Infratel up 1-2%

    The market breadth was in favour of the declines with 437 stocks advancing while 1138 declined and 454 remained unchanged. On the other hand, in the BSE, 580 stocks advanced and 1258 declined and 82 remained unchanged.

  • Market Update: Nifty PSU bank zooms 5% led by Canara Bank, Yes Bank; SBI, HDFC Bank top gainers Mar 26, 2018 10:08 AM IST

    Market Update: Nifty PSU bank zooms 5% led by Canara Bank, Yes Bank; SBI, HDFC Bank top gainers

    The market breadth was in favour of the declines with 843 stocks advancing while 901 declined and 292 remained unchanged. On the other hand, in the BSE, 1210 stocks advanced and 1539 declined and 152 remained unchanged.

  • STC, MMTC merger on cards: Suresh Prabhu Mar 25, 2018 11:32 AM IST

    STC, MMTC merger on cards: Suresh Prabhu

    "That is something which is already on cards because STC unfortunately has become a sick company. Therefore, there are some measures which are being taken already and this matter is under process," Prabhu told PTI.

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