GSFC to invest Rs 10,000 cr for 4 new projects at Dahej

Last Updated: Thursday, July 2, 2015, 17:09

The Gujarat State Fertilisers & Chemicals Ltd (GSFC) will invest Rs 10,000 crore for setting up four new projects at Dahej near here, a top official said.

Chambal Fertilisers to sell Birla Textile Mills to Sutlej

Last Updated: Tuesday, June 30, 2015, 21:06

The unit Birla Textile Mills (BTM) located at Baddi in Himachal Pradesh, will be sold on a 'slump sale' basis subject to requisite approvals, the company said in a BSE filing.

Government plans to set up Rs 500 cr VC fund for pharma industry

Last Updated: Sunday, June 28, 2015, 16:05

In the report, the task force has suggested that DoP may launch a scheme for giving financial assistance in form of soft loan or interest subsidy for upgradation of selected manufacturing facilities to the industry.

DFPCL targets Rs 1,000 cr revenue from farm business in 5 yrs

Last Updated: Sunday, June 14, 2015, 15:02

The company's ABFS division had posted a turnover of Rs 70 crore and Desai Foods Rs 40 crore turnover in the recently concluded financial year.

Zuari Group acquires additional 36.56% stake in MCFL

Last Updated: Tuesday, May 19, 2015, 15:50

UB Group, the original promoter, has 21.97% stake. Together, they will have 75% stake in MCFL.

Zuari Group pledges 8.23% stake in MCFL to HDFC

Last Updated: Monday, May 18, 2015, 22:00

Zuari Group has pledged its 8.23 percent stake in Mangalore Chemicals and Fertilisers Ltd (MCFL) to HDFC for partly financing its acquisition of 36.56 percent stake in the company.

Cabinet approves new urea policy

Last Updated: Wednesday, May 13, 2015, 11:51

The Union Cabinet on Wednesday approved new urea policy and fixed subsidy rate of phosphatic and potassic (P&K) fertilisers for 2015.

No major investment in fertiliser plants during 2010-14: CAG

Last Updated: Sunday, May 10, 2015, 14:55

The actual production was concerned, it fell by 14 percent during the period 2009-10 to 2013-14.

Deepak fertiliser sells 12.1% stake in MCFL

Last Updated: Monday, April 13, 2015, 20:07

Pune-based Deepak Fertilisers has been competing with industrialist Saroj Poddar-led Zuari group for taking control of the MCFL since July 2013.

Zuari group firming up plans to consolidate MCFL stake

Last Updated: Sunday, April 12, 2015, 13:17

Locked in a bitter takeover battle for fertiliser firm MCFL, Saroj Poddar-led Zuari group is firming up plans to acquire majority stake in the target company within two years.

CCI approves Zuari's open offer to acquire 36% stake in MCFL

Last Updated: Tuesday, March 31, 2015, 20:52

In a boost to Zuari Group, the Competition Commission has approved its revised voluntary open offer to acquire additional 36.56 percent stake in MCFL, for which it is locked in a takeover battle with Deepak Fertilisers.