The Hindu Business Line : Saturday, August 27, 2005

Corporation Bank ties up with MCX
THE Mangalore-based Corporation Bank is set to make its overseas foray with a representative office in Dubai, for which it is likely to get approval within two to three weeks, said Mr V.K. Chopra, Chairman and Managing Director. "We want to ... More

Finance Ministry reviewing proposal to strengthen FMC
THE Centre's proposal to strengthen the Forward Markets Commission (FMC) is currently being reviewed by the Finance Ministry, said a senior official. The Government has proposed conferring powers that would enable FMC to recognise exchanges and ... More

CULTIVATION

Emami diversifying into jatropha cultivation
The company is looking at acquiring foreign brands or entering into arrangements with foreign brands in the personal and healthcare sectors. More

AQUACULTURE

In troubled waters
A man tries to eke out a living by catching stray fish from a river in Triprayar near Thrissur. The number of unemployed persons in the State has shown an increase of about 10 lakh, an eight per cent rise in the 1998-2003 period. The number ... More

FLORICULTURE

Demand blossoms for anthurium across metros
ANTHURIUM has of late become an essential item for decorating marriage halls and the demand for the flower is surging across metros. The marriage industry is a major buyer of anthurium flowers and one person recently placed an order for ... More

RUBBER

Spot rubber mixed
SPOT rubber prices were mixed on Friday. Covering groups turned slightly active as certain major manufacturers continued to procure sheet rubber at the prevailing rates. RSS 4 improved by 25 paise to close at Rs 55.75 against Rs 55.50 a kg at ... More

SUGAR

Sugar de-licensing: HC order leaves mills worried
THE Allahabad High Court has reportedly stayed the creation of new capacity or expansion of existing crushing capacity by sugar mills on the ground that the industry is not yet officially delicensed. This followed a petition lodged by a sugar ... More

Maharashtra mills get 10 days more to sell free sale sugar
THE Union Government has granted 10 days' extension to sugar mills of Maharashtra and those located in Belgaum district of Karnataka for sale of their respective free sale quota (FSQ) allotted for the current month, trade sources said. The ... More

TEA

Mixed trend in Kochi tea sale
A MIXED trend persisted for almost all varieties of tea at the Kochi tea auction. Though the dust sale witnessed a good general demand, it was comparatively low for leaf varieties. Of the quantity of 8,03,000 kg on offer in the dust category, ... More

DAIRY & DAIRY PRODUCTS

Shree Rama Multi-Tech plans to challenge Tetrapak monopoly
SHREE Rama Multi-Tech Ltd, an Ahmedabad-based packaging solutions provider, aims to challenge the monopoly of Tetrapak by launching a product that can keep liquid foods fresh for nearly 10 days. The company also claims to have the technology to ... More

FOODGRAINS

Ammana Bio sets up unit to make ethanol from sorghum
ETHANOL supplier Ammana Bio Pharma Ltd has set up what it claims to be the country's first unit to derive ethanol from the grain crop sorghum (Sorghum bicolour), the sweet variety of which is used mainly as livestock fodder. The Executive ... More

TRENDS

Return of the natives
The folk from Palamur who migrated to distant places for work due to drought, like these farm labourers who had migrated to Mumbai, are now back in their fields at Ganderpally on the Mahbubnagar-Narayanpet Road following good rains after several ... More

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