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Cane crushing to produce over 100 lakh tonnes23-NOV-09
Almost all the sugarcane factories have started cane crushing for the season. With crushing activity picking up, industry players estimate that around 100 lakh tonnes are likely to be crushed in 2009-10, while government has pegged the figure at 107 lakh tonnes.
Govt calls Oppn over breakfast after sugar row23-NOV-09
After the storm on sugar pricing issue, the government has convened a breakfast meeting with leaders of all political parties tomorrow in a bid to ensure smooth running of Parliament.
Govt mulls refined sugar import21-NOV-09
The government is considering the import of refined sugar to tackle the rising prices of the commodity.
Govt seizes 4.3 lakh quintals of sugar from hoarders20-NOV-09
The government today said it has seized 4.30 lakh quintals of sugar from hoarders in four states this year. In an attempt to curb the rise in prices, the government had imposed in March stock holding and turnover limits on all sugar dealers. It had also restrained bulk consumers from holding sugar stock beyond 15 days of their requirement.
Govt may amend 'state' term in Sugar ordinance20-NOV-09
In a bid to resolve the problem over sugarcane pricing controversy, the government is understood to be toying with the idea of amending the relevant ordinance by removing the term 'state' to ease the burden on the state governments on paying the farmers the difference in amount over the fair price.
LS adjourned till 12 noon over sugarcane price issue19-NOV-09
The winter session of Lok Sabha began on a stormy note today with members of Samajwadi Party and RLD creating uproar over the demand for hike in sugarcane prices leading to adjournment of the House till 12 noon.
UP sugar mills to start crushing soon to recover losses17-NOV-09
Despite uncertainties over cane pricing, sugar mills in Uttar Pradesh plan to commence crushing as early as possible, in order to avoid any recovery loss which may impact their operating performance.
UP sugar mills declare bonus for cane growers15-NOV-09
Will help state government breathe easy.
Bajaj Hindusthan to raise Rs 2,000 cr13-NOV-09
The country's largest sugar manufacturing firm, Bajaj Hindusthan, today said its shareholders will meet on December 16 to consider and approve raising of Rs 2,000 crore from domestic and international markets.
UP sugar mills have to pay more than state govt rate: Pawar13-NOV-09
With sugarcane farmers on the war path in UP against the state-advised price for their produce, the Centre has said sugar mills in the state will have to pay more than the announced rate of Rs 160-170 a quintal.
Cong highlighting cane farmers' woes to sway public opinion13-NOV-09
Following a moderate success in the Uttar Pradesh by-elections earlier this week, the Congress is getting aggressive about highlighting issues it feels will sway public opinion.
Sugar Highs12-NOV-09
Sugar stocks have run up significantly triggered by higher sugar price outlook based on tighter supply side conditions. Earnings estimates for FY10 have been upgraded by about 75-200% depending upon the individual company’s profit-gearing to higher sugar prices, according to HSBC research.
Aska sugar mill raises cane price by Rs 400 per tonne12-NOV-09
The Aska Cooperative Sugar Industries Limited in Ganjam district has fixed the sugarcane price at Rs 1600 per tonne for the new crushing season, which will start from the next month. The new price is Rs 400 per tonne more than the last year’s price.
UP sugar mills to pay Rs 180/qtl11-NOV-09
The price to be paid is much higher than the FRP and SAP decided earlier.
Triveni Eng's sugar crushing to touch 4 lakh tonnes09-NOV-09
Sugar major Triveni Engineering & Industries today said in the ongoing season the company will crush 14 per cent more sugarcane at 4 lakh tonne compared to last year.
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