The India govt on Wednesday, 28-Agust-2019, announced a Rs.6268-Cr subsidy for export of 60-Lakh tonnes of sugar at a cost of Rs6268-Cr, during the 2019-20 marketing year beginning October in order to not ease the glut in the sector and Read more
Sugar stocks rose on Wednesday after a CNBC media report indicated that cabinet may consider new ethanol blending proposal on Thursday, and may talk about soft loans upto an extent of Rs15,000 crore to sugar mills together with a subsidy Read more
In a move that helps the sugar industries pay their outstanding arrears in sugarcane, the Economic Affair cabinet committee chaired by PM Modi, on Thursday, approved the proposal to grand Amigo Loans up to Rs10,540-Cr to the sugar industry. Sugar Read more
Bharti Airtel: The Telecom company, Bharti Airtel Limited in the stock exchange filing, informed that the company has approved the fundraising of upto Rs32000-crore through rights issuance of up to Rs25,0000-crore The Rights issue price is set at Rs220 per Read more
Stocks in sugar companies mostly rose Friday morning after the govt has hiked the minimum selling price (MSP) of sugar by Rs2 per kg. The Ministry of Consumer Affairs, Food & Public Distribution has made a significant decision of hiking Read more
India’s sugar output is likely to decline by 3% to 31.5 MT in the current marketing year, due to untimely rains and pest attacks that hit the cane crop, as well as diversion of cane juice for ethanol, Indian Sugar Mills Association (ISMA) said on Monday.