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AGRI-BIZ & COMMODITIES

ALLIANCES & JOINT VENTURES: New Zealand’s Fonterra exits joint venture with Britannia
Investing in India’s consumer dairy market not a core priority at this time: Fonterra. Bangalore, April 28 Britannia Industries will acquire the entire stake of Fonterra, the company’s joint venture partner since 2002 in Britannia ...

PERFORMANCE: Why Fonterra chose to exit from dairy joint venture
Continuous losses, contract manufacturing weigh down prospects. New Delhi, April 28 The world’s No. 1 dairy products exporter Fonterra’s decision to pull out from Britannia New Zealand Foods Pvt Ltd (BNZF), its equal joint venture ...

CLIMATE & WEATHER: Models signal early onset of southwest monsoon
Thiruvananthapuram, April 28 The southwest monsoon could set in earlier this time, with the Andaman Sea shown as receiving the first wave of rains around May 9-10, according to international ...

RUBBER: Spot rubber rules firm
Kottayam, April 28 The physical rubber prices closed unchanged on Tuesday. The market failed to move ahead in tune with the sharp gains on National Multi Commodity Exchange ...

BIO-TECH & GENETICS: ‘Designer crops are safe’
Designer crops can be safe and will dominate agriculture in the days to come, according to Dr Swapan Dutta, a plant biotechnologist from the University ...

SPICES & CONDIMENTS: Pepper futures recover after high volatility
Kochi, April 28 Pepper futures market on Tuesday recovered after remaining highly volatile. Bulls ...

CASHEW: Cashew exporters’ team to visit US on alliance
Kochi, April 28 The Cashew Export Promotion Council of India is sponsoring a five-member delegation to the US to discuss with representatives of SINDICAJU, which is the association of cashew processors and exporters in Brazil, the modalities ...

TECHNOLOGY: TN farm yard, BSNL sign pact
Tamil Nadu Foodgrains Marketing Yard Ltd has signed a memorandum of understanding with Bharat Sanchar Nigam Ltd for providing agri-business communication services to farmers, foodgrains processors, traders and the consuming public. TFMY is ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (April 28)
Nifty (at close)3,362.10(-108)
US Dollar (Buy/Sell)50.51/52
Brent crude (a bbl) Rs2,476
Gold (a gram) Rs1,364
Silver (a kg) Rs22,250


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