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Sugar stocks extend gains for second day

Last Updated: Tuesday, June 24, 2014, 12:03

Shares of sugar companies on Tuesday soared higher for second day in a row after the government announced interest-free loans for cash-strapped mills and hiked import duty.

Govt to give more interest-free loan to sugar mills

Last Updated: Monday, June 23, 2014, 15:56

The government on Monday decided to provide additional interest-free loan of up to Rs 4,400 crore to sugar mills and hike import duty on sweetener to enable the cash-starved industry pay their huge arrears to sugarcane farmers.

Govt agrees to raise import duty on sugar with rider

Last Updated: Monday, June 23, 2014, 13:37

The government has also decided to raise the mandatory blending of ethanol in gasoline to 10 percent from 5 percent.

Sugar stocks soar on import duty hike, interest free loans

Last Updated: Monday, June 23, 2014, 12:40

Government will extend sugar export subsidy of Rs 3,300 per tonne till September this year.

Sugar prices may rise as govt hikes import duty on sugar to 40%

Last Updated: Monday, June 23, 2014, 12:18

Govt will hike import duty on sugar to 40 percent from the current 15 percent, Food and Civil Supplies Minister Ram Vilas Paswan said on Monday.

Govt mulls extra Rs 4,400 cr interest-free loans to sugar mills

Last Updated: Thursday, June 05, 2014, 21:11

The government on Thursday said it is examining providing additional interest-free loans of Rs 4,400 crore to cash-starved sugar mills to clear dues to cane farmers.

Renuka Sugars sells 7.5 % stake in NCDEX for Rs 66.54 cr

Last Updated: Friday, May 23, 2014, 19:36

Leading sugar firm Shree Renuka Sugars has raised Rs 66.54 crore by offloading 7.5 per cent stake in commodity exchange NCDEX to investors including NSE and IFFCO.

Sugar output for 2013-14 revised lower by 5% at 23.8 mn tonnes

Last Updated: Thursday, March 06, 2014, 15:02

Country's sugar production for the marketing year 2013-14 has been revised downwards by 1.2 million tonnes to 23.8 million tonnes due to lower output estimates in Uttar Pradesh, industry body ISMA said on Thursday.

Govt notifies subsidy of Rs 3,300/tonne for raw sugar export

Last Updated: Tuesday, March 04, 2014, 15:43

The government on Tuesday notified export subsidy of Rs 3,300 per tonne on raw sugar shipments undertaken during the February-March of this year.

Akhilesh Yadav blames Centre for bad condition of UP sugar mills

Last Updated: Thursday, February 20, 2014, 19:56

Uttar Pradesh Chief Minister Akhilesh Yadav on Thursday blamed the Centre for pitiable condition of sugar mills in the state.

Govt notifies norms for sugar mills to get interest-free loans

Last Updated: Sunday, January 05, 2014, 13:35

The government has notified the modalities for the beleaguered sugar industry to avail of interest-free loans to the tune of Rs 6,600 crore from banks for payments to cane growers.

Sugar output slides by 29% till Dec due to delay in crushing

Last Updated: Thursday, January 02, 2014, 18:01

The country's sugar production fell by 29 percent to 57.39 lakh tonnes in the first three months of the 2013-14 season (October-September).