The Hindu Business Line : Friday, August 19, 2005

UB in pact with Punjab Govt
MUMBAI: United Breweries Ltd has entered into an arrangement with the Government of Punjab for the production of barley. The high-yield malting barley VJM 201 was developed in-house by UB. For the last three years the company was working ... More

COMMODITY EXCHANGES

Dubai gold bourse in membership drive
DUBAI Gold and Commodities Exchange (DGCX) announced that it has received an overwhelming response in exchange membership, with over 230 applications, since it opened up for membership less than two months ago. DGCX is a joint venture between ... More

ANTI-DUMPING

Shrimp dumping duty: US team to review changed circumstances
THE five-member team from the US International Trade Commission (ITC) is to land in Chennai on Friday and begin a six-day "Changed Circumstances Review" to assess the impact and destruction caused by the December 26 tsunami. Based on the ... More

AQUACULTURE

Golden opportunity
Ornamental fish culture, as an industry, has made a giant stride. India exported ornamental fish of 150 species, worth Rs 3 crore, in 2003-04. Kerala, with its serene freshwaters, conducive climate and skilled manpower, provides immense scope ... More

RUBBER

Rubber prices weaken further
SPOT rubber rates weakened further on Thursday. Panic selling from dealers and growers kept the prices under immense pressure as buyers turned almost inactive waiting for the market to stabilise at lower levels. Scattered covering purchases ... More

SUGAR

Oudh Sugar to pay 25 pc dividend
OUDH Sugar Mills Ltd (OSML), a K.K. Birla group company, has recommended dividend of 25 per cent for the year ended June 30, 2005 at a meeting held on Thursday. The company reported turnover of Rs 356.04 crore for the year ended June 2005, up ... More

TECHNICAL ANALYSIS

Spot gold may rise again
SPOT gold prices ended lower on Wednesday hitting a one-month low amid a stronger dollar and speculative liquidation on the back of retreating oil prices. Having posted rapid gains earlier, a technical correction was in the offing due to ... More

FOODS & FOOD PROCESSING

Centre plans development fund, bank for food processing sector
THE Government is exploring possibilities of setting up an export market development fund and a dedicated financial institution, an agri-business Processing and Development Bank of India, to support agro-based food processing industry, according ... More

AGRICULTURAL INSTITUTIONS

Nabard sets Rs 3,570-cr target for agriculture in Bengal
NATIONAL Bank for Agriculture and Rural Development (Nabard) has estimated a potential of nearly Rs 8,000 crore for ground-level credit flow in West Bengal for the current fiscal. A target of Rs 3,570 crore has been set for financing in ... More

POULTRY

Suguna Poultry to buy corn directly from TN farmers
SUGUNA Poultry Farm Ltd (SPFL) is putting in place an organised maize procurement mechanism that will help the company to go ing for direct purchase of corn from farmers within Tamil Nadu to meet its poultry feed manufacture needs. The Rs ... More

SPICES & CONDIMENTS

Cardamom rules low despite buying support
CARDAMOM prices ruled at lower levels during the week despite good buying support. At the same time, arrivals were heavy at auctions in Kerala and Tamil Nadu. "As the prices for all varieties were at lower levels the entire quantity was nearly ... More

MARKETING

AP CM launches Agro Rythu Seva Kendras
HYDERABAD: The Chief Minister, Dr Y.S. Rajasekhara Reddy, has launched 113 Agro Rythu Seva Kendras in nine districts of East & West Godavari, Krishna, Guntur, Karimnagar, Medak, Kurnool, Anantapur and Kadapa. These kendras, being set up ... More

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