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Guar contract settles at Rs 1767, Soya oil at Rs 437 per 10 kg

Ahmedabad, Feb 21 (UNI) National Multi-Commodity Exchange (NMCE) has settled the Guar seed (February ) contract at Rs.1767 per quintal and Soya oil (February) at Rs.437 per 10 kg as the futures trading for the February series that matured yesterday.

While Guar seed was traded in the range of Rs 2084 in December first week and Rs.1825 this month. Soya oil was traded in the range of Rs.481.05 and Rs.436.15 over the same period.

Meanwhile, NMCE has introduced the new June-2007 series in Soya oil and Guar seed for futures trading on its terminals. Their first delivery period is June 18 and the maturity date of both the commodities is June 20, 2007.

While the delivery centre for Soya oil is Indore in Madhya Pradesh, that for Guar seed are Jodhpur (basis centre), Bikaner, Nokha in Rajasthan and Deesa in Gujarat with freight discount through Central Warehouse Corporation (CWC) Receipt.

NMCE has also introduced new June-2007 series in Chana for futures trading on its terminals, its first delivery period being August 17 and the maturity date August 20, 2007. Its delivery centre is CWC Warehouse Delhi.

NMCE runs futures contract in 198 series in 70 commodities, including rubber, cardamom, pepper, raw jute, bullion, base metals, besides guar seed and soya oil. other agri-commodities actively traded on NMCE terminals include raw jute.

NMCE has been promoted by CWC, Punjab National Bank (PNB), NAFED, Gujarat Agro Industries Corporation, Gujarat State Agriculture Produce Marketing Board (GSAMB), Jaipur-based National Institute of Agricultural Marketing and Neptune Overseas Limited.

UNI

BOI to become global, acquire Bank in Indonesia-Balchandran

Bhubaneswar, Feb 21 (UNI) As a part of strategy to become global, the Bank of India (BOI) has finalised acquiring 76 per cent stake in P T Bank Swadesi Tbk, a listed bank in Indonesia, and establishing subsidiaries in Tanzania, Toronto and China. Announcing this to the newsmen here BOI Chairman cum Managing Director M Balchandran said the Bank's international operations contributed 19.45 per cent of the total business and 32 per cent of total net profit. He, however, refused to.....

First garden cafe launched in Kolkata

Kolkata, Feb 21 (UNI) To offer coffee in an invigorating ambience Cafe Coffee day(CCD), India's largest retail chain of coffee cafes, today announced the opening of its first ever Garden Cafe in the city. This 3000 square feet indoor and outdoor cafe with seating capacity of 80 is also CCD's 400th outlet across the country. CCD Director Naresh Malhotra said Kolkata had been very supportive so CCD chose the city for launching the concept of garden cafe. When asked whether.....

eSys Technologies to set up Rs 250cr PC plant at Baddi

New Delhi, Feb 21 (UNI) Having acquired Singapore-based IT distribution and computer maker eSys Technologies, Chennai-based Teledata Informatics today said the latter will set up a PC manufacturing unit in Himachal Pradesh at Rs 250 crore. eSys is also mulling shutting down its existing unit here and relocating to the proposed plant. ''The company might shut down the Delhi plant and shift the entire manufacturing capabilities to the new centre,'' eSys group CMD Vikas Goel, who will takeover as the new.....
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