Madhya Pradesh seeks 41,000 tonnes of sugar from federal governmentOctober 7th, 2009 BHOPAL - Madhya Pradesh Chief Minister Shivraj Singh Chouhan has asked the agriculture ministry to make available 41,000 tonnes of sugar to meet the shortfall during the festive season. "The Government of India should import sugar in order to make it available to the common people at fair price," Chouhan wrote in a letter to Agriculture Minister Sharad Pawar late Tuesday.
Murugappa group plans to double turnover in 5 yearsOctober 1st, 2009 CHENNAI - The Rs.15,600-crore diversified Murugappa group is planning major business expansion including acquisitions to more than double its turnover in five years, a top company official says. According to A.
Madhya Pradesh sugar traders threaten strike from Oct 1September 21st, 2009 BHOPAL - Sugar traders in Madhya Pradesh have stopped procuring fresh stock from mills and threatened to go on strike from Oct 1 in protest against the state government's move to confiscate the commodity from wholesalers and introducing license for them. "We oppose the state government's auctioning of the seized sugar stocks and introducing a 'licence raj' under the cover of control order," said Ramesh Khandelwal, president of the state sugar merchants' federation.
Hoarded sugar worth Rs.3.4 crore seized in PunjabSeptember 20th, 2009 LUDHIANA - Over 11,300 quintals of sugar, worth Rs. 3.4 crore, was seized in this Punjab city Sunday as officials targeted hoarders ahead of the festival season.
Coke, Pepsi asked to source sugar from abroad: MinisterSeptember 13th, 2009 NEW DELHI - Concerned over high prices of sugar, low supplies and fall in output because of drought, the government has asked soft drinks manufacturers and bulk users like Coca-Cola, Pepsi and Nestle to buy sugar overseas. "We have told manufactures like Coca-Cola that you should findsome other mechanism," said Minister of State for Agriculture, Consumer Affairs, Food and Public Distribution K.V.
Britannia plans to import sugarAugust 31st, 2009 KOLKATA - Biscuit and dairy product major Britannia Industries is planning to import sugar, both raw and refined, on account of the scarcity in the domestic market, a top company official said here Monday. "We will import sugar this year.
Judge approves financing of Florida plan to buy US Sugar land for Everglades restorationAugust 26th, 2009 US Sugar, Everglades land deal to move forwardWEST PALM BEACH, Fla. — A Florida judge has ruled that the state can move ahead with a $536 million plan to buy land from U.S.
Indian sugar shortage may hit Malaysian sweet toothAugust 18th, 2009 KUALA LUMPUR - Malaysians, known for their sweet tooth, are bracing for high prices and low supply of sugar due to a production shortfall in India, the world's second largest producer. Authorities promised to keep the prices stable and maintain sufficient supplies in the hypermarkets.
Malaysians brace for costlier sugarAugust 18th, 2009 KUALA LUMPUR - Malaysians, known for their sweet tooth, are bracing for high prices and low supply of sugar due to a production shortfall in India, the world's second largest producer. Authorities promised to keep the prices stable and maintain sufficient supplies in the hypermarkets.
Sugar prices dip in Madhya Pradesh following raidsAugust 18th, 2009 BHOPAL - Sugar prices have declined in the wholesale market in Madhya Pradesh after the government raided sugar mills and godowns across the state and seized around 2,000 tonnes of hoarded sugar in the last four days. "The wholesale price which was Rs.3,300 per quintal till Monday came down to the range of Rs.2,850 and Rs.2,950 and is likely to fall further," Karamchandani, a wholesaler here, told IANS.
Industry offers help to ease sugar shortfallAugust 17th, 2009 NEW DELHI - India's sugar industry has offered all cooperation to the government to ease its shortfall in the domestic market, Agriculture Minister Sharad Pawar said here Monday. "The attitude of the industry is quite constructive.
Sugar stockpiling ban extended till early JanuaryJune 19th, 2009 NEW DELHI - The government Friday extended the ban on stockpiling of sugar till Jan 8 next year to keep rising sugar prices in check and deter black marketing activities. The cabinet at a meeting here also decided to extend the decision to remove wheat from the list of commodities on which stock holding limits have been imposed.
Imperial Sugar restarts Ga. refinery damaged in 2008 explosion that killed 14June 16th, 2009 Imperial Sugar restarts Ga. refineryPORT WENTWORTH, Ga.
Water managers approve $533M Everglades restoration deal; scaled back from initial proposalsMay 14th, 2009 Fla. water managers approve $533M Everglades dealWEST PALM BEACH, Fla. — South Florida water managers have approved Gov.
US Sugar board approves $533M Everglades restoration deal; scaled back from initial proposalsMay 9th, 2009 US Sugar board OKs $533M Everglades dealCLEWISTON, Fla. — U.S. Sugar Corp.'s board of directors has approved a scaled-back deal to help restore the Florida Everglades.