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AGRI-BIZ & COMMODITIES
RUBBER
Rubber prices flare up further
SPOT rubber prices flared up further on Saturday. Though the trend was mixed as ISNR 20 and latex remained unchanged on buyer resistance, the remaining grades moved up on fresh buying and short covering. Sheet rubber closed at Rs 65.25 a kg ...
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SUGAR
Sree Renuka Sugars: Invest at cut off
INVESTORS can bid for the initial public offer from Sree Renuka Sugars at the cut-off price. The offer is stiffly priced, and demands a premium valuation on the company's current earnings. The offer price, at Rs 300 (the higher end of the ...
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TAXATION
Accounting for farms
Agricultural farms are rather complicated and so far no standard has been issued by the Institute of Chartered Accountants of India on this type of business. In the absence of any such standards, generally accepted accounting principles should be ...
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TECHNICAL ANALYSIS
Palm oil may test support levels
MALAYSIAN crude palm oil futures ended lower on Friday on profit-taking and position adjustment ahead of next week's crop and exports data due on Monday. CPO futures were also dampened by losses in the overnight CBOT soya oil futures. ...
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