Business Daily from THE HINDU group of publications
Thursday, November 12, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, November 12, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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MERGERS & ACQUISITIONS: Renuka Sugars buys Brazilian firm for Rs 384 cr Mumbai, Nov. 11 Shree Renuka Sugars Ltd has acquired a Brazilian sugar and ethanol producer Vale Do Ivai S.A. Acucar E Alcool (VDI) for $82 million (around Rs ... RICE: Centre divided over basmati export floor price Exporters seek maintenance of status quo. New Delhi, Nov. 11 Even as the Centre seems to be divided over raising the floor price on basmati shipments, the All-India Rice Exporters’ Association (AIREA) has sought status quo on ... GOLD & SILVER: Gold viewed as safe investment option during recession During the economic slowdown, people started locking more of their investments in gold due to the ‘stability’ factor after they lost faith in many of the other financial instruments, according to Mr George Muthoot, Group ... FOOD & DAIRY PRODUCTS: French cheese-maker Bel in talks with Parag Foods for tie-up French cheese-maker Fromageries Bel is in advanced talks with Parag Milk Foods Pvt Ltd for an alliance to produce and market itsbrands of cheese in India, according to ... CLIMATE & WEATHER: Tropical Cyclone Phyan crosses coast near Mumbai Thiruvananthapuram, Nov. 11 Tuesday’s deep depression over east-central Arabian Sea tracked north-northeast to intensify as a cyclonic storm, named ... AGRICULTURAL POLICY: Look beyond MSP The Centre last week completed the ritual of announcing the minimum support price (MSP) for certain rabi crops (wheat, major oilseeds and pulses) for 2009-10. The tinkering job bears little connection to market prices. There has been no ... SPICES & CONDIMENTS: Pepper futures move up marginally Pepper futures on Wednesday moved up marginally on encouraging reports from experts on pepper availability in the ... TEA: Volume at Coonoor tea auction hits 5-week low Coonoor, Nov. 11 A volume of 14.59 lakh kg will be offered for Sale No: 46 of the auctions of Coonoor Tea Trade Association to be held tomorrow and Friday, reveals an analysis of the listing by brokers. This is the lowest volume in the last ... RUBBER: Rubber prices improve Kottayam, Nov. 11 The physical rubber prices improved on Wednesday. The market opened steady but improved on late trading hours following the firm price movements in the domestic futures on National Multi Commodity Exchange ... COTTON: SIMA seeks ban on export of cotton Madurai, Nov. 11 Multinationals’ entry in cotton trade has eroded the global competitiveness of the Indian textile industry, said Mr C.K. Narayanasamy, Executive Committee Member, Southern India Mills Association ... MERGERS & ACQUISITIONS: Buying Brazilian sugar grower fits well with Renuka’s strategic plan Funding for the deal may lift the leverage but not to alarming levels. The move by Shree Renuka Sugars (Renuka Sugars) to acquire Brazilian sugar grower and producer Vale Do Ivai SA at an enterprise value of $240 million (about Rs 1,100 crore) ... Columnists: • G Chandrashekhar • Sharad Joshi Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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