Financial Daily from THE HINDU group of publications
Thursday, November 06, 2003
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Financial Daily from THE HINDU group of publications Thursday, November 06, 2003 |
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AGRI-BIZ & COMMODITIES RICE Saudi group to pick up 16.7% stake in KRBL THE Saudi Arabia-based Balsharaf Group will pick up a 16.7 per cent stake in KRBL Ltd, India's largest exporter of basmati rice. The acquisition will be done through fresh issue of 30 lakh shares of Rs 10 each at a price of Rs 90 by KRBL to Mr ... More WHEAT Karnataka flour millers for faster movement of wheat from FCI godowns THE Karnataka Roller Flour Mills' Association has urged the Food Corporation of India (FCI) to immediately restore the `dedicated movement scheme' under which mills in the country indenting wheat are allocated freight wagons for faster ... More RUBBER Mixed trend in rubber market RUBBER prices showed a mixed trend on Wednesday. Sheet rubber RSS 4 declined on renewed selling pressure from traders following the weakness in the world markets. All other grades remained steady except ISNR 20, which improved a tad to Rs ... More SUGAR UP sugarcane growers plan stir on SMP issue SUGARCANE growers in Uttar Pradesh have decided to take to the streets, in the wake of the Centre dilly-dallying over fixing the statutory minimum price (SMP) for cane during the current 2003-04 crushing season (October-September) and the State ... More PRECIOUS METALS NMCE clocks record volume in gold futures DECEMBER gold futures at the Ahmedabad-based National Multi Commodity Exchange of India Ltd (NMCEIL) registered another record in volume on November 3. This follows sharp rise in global bullion prices and brisk buying from local investors, ... More METALS Hind Copper rescinds wire bar price cut HINDUSTAN Copper Ltd has withdrawn its recent price reduction on copper wire bars for November, which was announced on Monday, with immediate effect, according to trade sources. The company will now announce fresh price revision with in a day ... More FOODGRAINS AP plans to buy 5 lakh tonnes of maize THE Andhra Pradesh Government had planned to purchase 5 lakh tonnes of maize. The 87 purchase centres of the State Civil Supplies Corporation and AP Markfed have so far purchased 90,000 tonnes of maize valued at Rs 50 crore. According to an ... More AGRICULTURAL INSTITUTIONS `Icrisat HQ not to be shifted' THE International Crops Research Institute for the Semi-Arid Tropics (Icrisat) will continue to maintain its headquarters at Patancheru here, while enhancing its research activities and impact in sub-Saharan Africa. This was decided at the ... More COTTON 
Chinese purchases induce price spike in cottonDESPITE an increase in global cotton production during 2003-04 and projected consumption unchanged from last year, world cotton prices witnessed a sudden spurt last month— reaching the highest since September 1997. This followed an abrupt ... More OILSEEDS & EDIBLE OIL Oilmeal exports gain momentum in Oct Increase in meal export follows improved availability of raw material and expansion in processing activity. More
Oil Palm posts Rs 10-cr net COCONUT & COPRA Coconut oil futures soar COCONUT oil futures have spiralled to record heights even as there has been no significant change in the demand-supply situation. The price touched Rs 6,854 per quintal during the weekend. In January 1997, it had increased to Rs 6,825 per ... More TOBACCO New excise form for hand-rolled cheroot of tobacco makers THE Revenue Department has come up with a new excise registration form exclusively for hand-rolled cheroot of tobacco manufacturers. This follows representation from manufacturers of hand-rolled cheroots of tobacco regarding difficulties being ... More SPICES & CONDIMENTS Cardamom steady on buying support The cash and carry system introduced by auctioneers continues to affect small traders. More EVENTS 
Krishi Mela 2003Women farmers looking at a rainwater harvesting system for recharging borewells displayed at Krishi Mela 2003 in Bangalore on Wednesday.— G.R.N. Somashekar |