'Give priority to fertiliser cos in coal gas mine allocation'

The fertiliser industry is a "priority sector" in allocation of domestic gas as well, Fertiliser Ministry said.

Iffco turnover may fall 16% to Rs 21,000 cr on lower sales

Fertiliser major Iffco's turnover could drop by up to 16 percent to Rs 21,000 crore this fiscal as nutrient sales fell because of poor monsoon, a top official said.

IFFCO gets land in Canada to set up $1.2 billion urea plant

Early this year, IFFCO had announced setting up of a urea plant in Canada with a capacity of 1.27 million tonnes via joint venture with a local partner there.

HC rejects application of IFFCO CMD, asks him to surrender

The order was passed on March 13 by Justice Naheed Ara Moonis on the application of Uday Shankar Awasthi, CMD of IFFCO.

IFFCO may be forced to scale down profit target

Hit by adverse economic scenario and lack of a comprehensive nutrient policy, fertiliser major IFFCO may be compelled to slash its profit target for 2012-13 to Rs 800 crore from Rs 1,000 crore fixed for current fiscal.