Non Basmati

The Union government directed rice industry associations on Tuesday to ensure a reduction in the retail price of rice with immediate effect. The direction came after the Reserve Bank of India had flagged the rising price of rice by 12% year on year. Catch Manisha Gupta in a chat with Dr Prem Garg, National President, Indian Rice exporters federation.

Revenue for H2FY12 will grow by 5-6%: KRBL

In an interview to CNBC-TV18, Rakesh Mehrotra CFO of KRBL says the company’s net loss can be attributed to a Forex loss of Rs 40 crore, however, he says the losses will revert in the next two quarters.

McCormick JV a win-win situation for us: Kohinoor Foods

Satnam Arora, managing director, Kohinoor Foods in an interview to CNBC-TV18 said, its joint venture (JV) with McCormick is a win-win situation for the organisation.

India may consider more rice exports: Food Minister

India may consider more non-basmati rice exports, Food Minister K.V Thomas said on Wednesday, as part of its efforts to trim bulging stocks.