| Bajaj Hind EGM on Dec 16 for raising Rs 2,000 cr | 18-NOV-09 |
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| 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. |
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| Bajaj Hindusthan to raise Rs 2,000 cr | 13-NOV-09 |
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| 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. |
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| Balrampur, Bajaj Hind deal off | 04-NOV-09 |
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| Balrampur Chini has called off the deal it was looking to enter into with Bajaj Hindusthan after initial talks. In a communication to the stock exchanges, Balrampur Chini said “some discussions were held with Bajaj Hindusthan on future business strategies”. It said the promoters had not entered into any agreement with any party for sale of their stake. |
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| Bajaj Hind eyes 37% in Balrampur Chini | 31-OCT-09 |
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| Shishir Bajaj-promoted Bajaj Hindusthan, India’s largest sugar producer, is in talks with its nearest competitor Balrampur Chini Mills to acquire the 36.67 per cent stake of the current promoters, the Kolkata-based Saraogis. |
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| Govt moves to end cane price politics | 25-OCT-09 |
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| Raising the price at which sugar mills are mandated to purchase sugarcane from farmers, over that fixed by the Centre, could punch a hole in the pockets of states. The Union government has said that anything that the state mandates above the centre-assigned price will have to be paid by the state. |
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| 'India's net sugar imports will continue for 2 yrs' | 17-SEP-09 |
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| With prices touching an all-time high on a three-year low in domestic output, sugar has been at the centre of the government’s attention in recent months. Companies have been making huge profits — compared with the losses last year — and the high prices are here to stay. KUSHAGRA BAJAJ, joint managing director of Bajaj Hindusthan, the country's biggest sugar producer, speaks to Ajay Modi on the sector’s outlook. |
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| Profit surge leads sugar firms to cut debt overhang | 13-AUG-09 |
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| Riding on all-time high realisation and a sharp jump in profitability, domestic sugar companies are looking to strengthen their balance sheet by reducing debt. Prices are at an all-time high and companies expect it to remain firm for at least the next four-five quarters. |
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| NLC, REC, Bajaj Hindusthan, Suven Life & Trent's Q1 result | 29-JUL-09 |
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| Neyveli Lignite Corporation Ltd (NLC) has reported a marginal increase in net profit during the quarter ended June 30 at Rs 287 crore, compared with Rs 285 crore. The company’s net sales dropped to Rs 884 crore from Rs 1,087 crore. |
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| Bajaj Hindusthan posts net profit at Rs 60 cr | 28-JUL-09 |
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| Bajaj Hindusthan today announced its third quarter results. The company has posted a net profit of Rs 60.08 crore for the third quarter ended June 30, 2009 as compared to a loss of Rs 35.41 crore during the corresponding quarter last year. |
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| Bajaj Hindusthan cuts debt by Rs 710 cr | 14-JUL-09 |
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| Sugar major Bajaj Hindusthan today said it has fully utilised Rs 710 crore raised by private placement of shares for repayment of its debt in accordance with the terms of the issue. |
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| Falling stocks hit QIP investors | 10-JUL-09 |
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| Qualified institutional buyers (QIBs), which recently invested in placements of companies, have suffered serious losses due to thek recent slide in stock markets. |
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| Mills resume raw sugar purchase | 11-JUN-09 |
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| After a gap of over a month, Indian sugar mills have again started looking at raw sugar imports in the wake of rising domestic prices. |
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