Sanofi picks 20% stake in Apollo Sugar Clinics for Rs 90 crore

Last Updated: Friday, January 30, 2015, 17:14

French healthcare major Sanofi is picking up 20 percent stake for Rs 90 crore in Apollo Sugar Clinics, a diabetes care chain of Chennai-based healthcare major Apollo Hospitals.

CCEA clears mandatory packaging for sugar, foodgrains in jute

Last Updated: Wednesday, January 28, 2015, 22:46

In a major boost to the jute sector, the government on Wednesday approved mandatory packaging of sugar and food grains in jute material to minimum extent of up to 90 per cent of production.

Food Ministry for extending sugar export subsidy for 1.4 million tonnes

Last Updated: Wednesday, January 28, 2015, 22:02

The Food Ministry is in favour of extending export subsidy for only 1.4 million tonnes of raw sugar in the ongoing 2014-15 marketing year.

CCEA approves giving freedom to states to fix PDS sugar price

Last Updated: Wednesday, January 21, 2015, 22:44

The Centre Wednesday decided to give flexibility to state governments to set retail price of PDS sugar that has been kept unchanged at Rs 13.50 per kg since 2002.

CCEA likely to discuss on PDS sugar price issue Wednesday

Last Updated: Tuesday, January 20, 2015, 21:07

The Cabinet Committee on Economic Affairs (CCEA) is likely to discuss Wednesday a proposal to give flexibility to state governments to fix the retail price of PDS sugar, kept unchanged at Rs 13.50 per kg since 2002.

Maharashtra seeks extension of subsidy on raw sugar exports

Last Updated: Saturday, January 17, 2015, 13:38

Maharashtra Chief Minister Devendra Fadnavis on Saturday met Union Food Minister Ram Vilas Paswan and sought extension of subsidy on raw sugar exports and hike in import duty on the sweetener to 40 percent to help cash-starved mills clear cane arrears to farmers.

Govt considering higher sugar export subsidy of Rs 4,000/tonne

Last Updated: Thursday, January 8, 2015, 18:08

The government is considering extending subsidy on raw sugar exports for the ongoing marketing year 2014-15 by giving a higher incentive of Rs 4,000 per tonne to cash-starved mills.

Sugar output in Oct-Dec rises by 27.3%: ISMA

Last Updated: Monday, January 5, 2015, 14:47

Sugar output stood at 5.86 million tonnes in the October-December period of the 2013-14 season. Sugar season runs from October to September.

Sweet sugar turns bitter for mill owners in 2014

Last Updated: Thursday, December 25, 2014, 15:31

Sugar remained sweet for consumers this year but turned bitter for mill owners who faced huge losses estimated at over Rs 3,000 crore and struggled to make payments to cane farmers due to sluggish sales realisation.

Sugar stocks hog limelight; surge up to 9%

Last Updated: Thursday, December 18, 2014, 18:25

Sugar stocks Thursday surged up to 9 percent after the government ratified the methodology used for fixing the export subsidy on raw sugar during April-September period of the 2013-14 marketing year.

'Decision on extending sugar export subsidy soon'

Last Updated: Thursday, December 18, 2014, 18:01

The government will soon take a final decision on extending subsidy for exports of raw sugar in the current 2014-15 marketing year, a top food ministry official said on Thursday.

Sugar production up 47% to 42.25 lakh tonne so far this season

Last Updated: Wednesday, December 17, 2014, 20:35

India's sugar production rose by 47 percent to 42.25 lakh tonnes till December 15 of this marketing year, which started in October this year, leading to a fall in ex-factory prices of the sweetener.