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BusinessToday.In
September 21, 2018
While the Bajaj Hindusthan stock lost 8.82%, Simbhaoli Sugars fell 9.77% on the BSE. Avadh Sugar and Energy (3.03%), Balrampur Chini Mills (4.45%), Mawana Sugars (6.33%), Dalmia Bharat Sugar & Industries (8.99%) and Andhra Sugars (5.28%) were the other losers on BSE.


BusinessToday.in
New Delhi, September 19, 2018
Ahead of festive showdown, Flipkart pumps in Rs 3,463 crore to boost sales; RCom to exit telecom fully to focus on realty: Anil Ambani; Sebi eases rules to woo foreign funds; move aims to arrest rupee fall, stock market volatility; CCI imposes total penalty of Rs 38 crore on 18 sugar mills; PNB fraud: ED eyes Nirav Modi's Rs 4,000 crore worth of foreign assets. Watch more in this episode of Business Wrap.


Reuters
New Delhi, September 19, 2018
It (India) is considering to make it mandatory for mills to export 5 million tonnes of sugar by incentivising overseas sales in the 2018/19 season, sources said.


BusinessToday.In
New Delhi, September 19, 2018
Ahead of festive showdown, Flipkart pumps in Rs 3,463 crore to boost salesFlipkart is aiming at achieving 50 per cent of all smartphone sales during the upcoming festive month. Keeping the ambitious plan in mind, Flipkart has pumped in Rs 3,463 crore into its online marketplace, Flipkart Internet. This is the first biggest capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company. RCom to exit tele...


Dipak Mondal
September 18, 2018
The Competition Commission of India (CCI), the anti-trust regulator -- has imposed a total penalty of Rs 38 crore on 18 sugar mills and two associations for rigging the bids of a joint tender floated by oil marketing companies.


BusinessToday.In
September 17, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 567.15 level on BSE today. The stock of sugar manufacturer Bajaj Hindusthan Sugar rose up to 19.95% to 10.22 level on the BSE.


BusinessToday.In
September 17, 2018
The Sensex had rallied 677.51 points in the previous two sessions on sustained buying by domestic institutional investors. At 10: 37 am, the Sensex was trading 442 points lower at 37,647. The Nifty was down 125 points to 11,390.


PTI
September 14, 2018
All sectoral indices ended in the green, led by realty, power, consumer durables and metals. Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the domestic unit.


BusinessToday.In
September 14, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 472.65 level on BSE today. On Wednesday, the stock closed 6.47 per cent higher at Rs 393.90 on the BSE.


Sumant Banerji
New Delhi, July 25, 2018
India's sugar stockpile is at a record high, after a good monsoon and a bumper crop in 2017/18.


Jigar Pathak
New Delhi, July 23, 2018
Sugar sector is in a bear cycle. Wait for some more correction before bottom-fishing.


BusinessToday.In
New Delhi, July 21, 2018
In its 28th meeting, the GST Council rationalised tax rates on consumer electronics among other items, while exempting sanitary napkins and small handicraft items from the ambit of the unified indirect tax regime.


PTI
New Delhi, July 18, 2018
The Commission for Agricultural Costs and Prices (CACP) had recommended Rs 20 per quintal hike in the FRP of sugarcane at Rs 275 per quintal for next season.


Reuters
New Delhi, July 17, 2018
The country is likely to end the marketing season on September 30 with inventory of 10 million tonnes, compared with 3.87 million tonnes a year ago, says the Indian Sugar Mills Association.


Rahul Shrivastava
July 12, 2018
The GST Council had formed a GoM (Group of Ministers) in May to look into the into the food ministry's proposal for the creation of a corpus of Rs 6,700 crore through a levy of up to Rs 3 per kg on sugar over the existing GST of 5 per cent on the good.


Anilesh S Mahajan
New Delhi, June 12, 2018
The government's bailout package for sugarcane farmers is a disappointing short-term measure. It came right after the BJP's defeat in the Kairana Lok Sabha bypoll in Uttar Pradesh.


PTI
June 11, 2018



Anupama Airy
New Delhi, June 11, 2018
With the Cabinet approving the National Policy on Biofuels, there is renewed hope for a cleaner environment in the not-too-distant future.


BusinessToday.In
June 8, 2018
Speculative buying pushed sugar prices by Rs 200 per quintal at wholesale market in national capital on Friday. According to reports, supply from sugar mills remained thin amid brisk demand.


Joe C Mathew
New Delhi, June 8, 2018
Crisil states that the package will be enough to clear only 40 per cent of the Rs 22,000 crore cane price arrears sugar mills owe to sugar cane farmers.


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