RCF stake sale offer to hit markets on Mar 8: Disinvestment Secy

Last Updated: Wednesday, March 6, 2013, 10:45

The Empowered Group of Ministers (EGoM) on disinvestment, headed by Finance Minister P Chidambaram, met on Wednesday and decided on the stake sale.

GoM to meet tomorrow on RCF stake sale

Last Updated: Tuesday, March 5, 2013, 20:15

Sources said EGoM is likely to take a decision on the base price for selling stake in Rashtriya Chemicals and Fertilisers (RCF).

Economic Survey: Check over-use of urea, boost consumption of P&K fertilisers

Last Updated: Wednesday, February 27, 2013, 18:04

The Survey said production of key fertilisers like urea, DAP and complex fertilisers has not been satisfactory this fiscal and to tackle it, the government would encourage private investments in the sector to increase the indigenous capacities by long-term availability of gas.

Plan panel favours nutrient based subsidy on fertilisers

Last Updated: Wednesday, February 6, 2013, 17:49

Planning Commission on Wednesday said it is in favour of nutrient based subsidy (NBS) on fertilisers and there should be a balance between different kinds of crop nutrients to maintain soil health.

Govt constitutes GoM to review urea pricing policy

Last Updated: Wednesday, January 23, 2013, 18:06

Facing a mounting subsidy burden and imbalanced use of fertilisers, government has constituted a Group of Ministers (GoM), which is likely to be headed by Agriculture Minister Sharad Pawar to look into urea pricing.

Govt invites bids from merchant bankers to manage RCF issue

Last Updated: Wednesday, January 2, 2013, 09:29

The government has initiated the process of appointing merchant bankers for managing the 12.5 percent stake sale in Rashtriya Chemicals and Fertilisers.

Govt approves 12.5% stake sale in RCF

Last Updated: Wednesday, December 26, 2012, 14:51

The government on Wednesday approved sale of its 12.5 percent stake in Rashtriya Chemicals and Fertilisers Ltd (RCF), which could fetch around Rs 360 crore to the exchequer.

CCEA approves extension of add'l subsidy to state-run FACT

Last Updated: Thursday, December 13, 2012, 23:21

The Cabinet Committee on Economic Affairs (CCEA) Thursday cleared a proposal to extend additional subsidy to state-owned Fertilisers and Chemicals of Travancore (FACT) till June 2013 to cover higher cost of naptha-based complex fertiliser.

Cash subsidy scheme for fertilisers soon: Alagiri

Last Updated: Sunday, December 2, 2012, 22:53

Initially it would be introduced in Madurai, he told reporters here.

Chambal Fertilisers Q2 net profit up 20%

Last Updated: Tuesday, November 6, 2012, 16:02

The company had clocked net profit of Rs 91.65 crore in the year-ago period, Chambal said in a filing to the BSE.

DAP requirement pegged at 13.25 MT, MoP's at 5.05 MT in FY'13

Last Updated: Thursday, August 30, 2012, 17:52

The requirement of phosphatic and potassic (P&K) fertilisers like DAP and MoP is estimated at 13.25 million tonnes (MT) and 5.05 million tonnes, respectively, for the current fiscal.

Jena writes to PM on high prices of P&K fertilisers

Last Updated: Wednesday, August 29, 2012, 17:25

As fertiliser prices shoot up, Minister of State for Fertilisers Srikant Jena has shot a letter to Prime Minister Manmohan Singh saying the price rise may be due to "unreasonably" high profits reaped by producers.