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News »  March 14, 2007  » Business

Mixed trend in sugar market

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Mumbai, Mar 13 (UNI) A mixed trend was witnessed in sugar market today, Bombay Sugar Merchants' Association traders here said.

Sugar in small grade eased by Rs five per quintal due to poor demand while medium grade went up by Rs five per quintal on reduced stock supply.

Sugar in ex-mill small grade hiked by Rs 20 per quintal on better buying support while medium grade slashed by Rs five due to lack of fresh demand.

Following were the spot wholesale rates per quintal: Small grade: Rs 1,480/1,520, Medium grade: Rs 1,505/1,560, Ex-mill: Small grade: Rs 1,450/1,485, Medium grade: Rs 1,495/1,505.

UNI
Topics: MARKETS-SUGAR-INTRO

Tea Federation demands 4 pc VAT on Tea in Mah at par with other sts

Mumbai, Mar 13 (UNI) Federation of Tea Traders Association of Maharashtra (FTTAM) is demanding 4 per cent value added tax (VAT) on tea, for maintaining uniformity in tea prices with all states in India.

In a statement, FTTAM President Mr Harendra Shah said,''The Maharashtra is having 4 per cent VAT on Tea up to March 31, 2007.The Tea Traders of Maharashtra were very much disappointed on the issuance of the circular by the Commissioner of Sales Tax, Maharashtra that VAT on.....

Geojit allots shares to BNP Paribas

Mumbai, Mar 13 (UNI) After receiving all necessary approvals, the Board of Directors of Geojit Financial Services Ltd today issued 5.68 crore shares and 2.28 crore warrants to BNP Paribas.

With this final step, the French Banking majors has become the largest shareholder in Geojit Financial Services Ltd. The name of the company will be changed to ''Geojit BNP Paribas Financial Services Ltd and the business will continue to be managed by the current team headed by C J George, Managing.....

EICA to host Global Cotton Meet in Mumbai

Mumbai, Mar 13 (UNI) In a first global event, India's oldest cotton trade organisation, East India Cotton Association (EICA) along with Cotton Outlook U K is hosting a two-day International Conference from March 14 in Mumbai.

Over 500 delegates from 17 Countries including China and US apart from India will participate in the Conference to be held at NCPA, south Mumbai. Mr S Roy, Joint Secretary, Ministry of Textile, will inaugurate the Conference, while Mr J N Singh, Textile Commission and.....

Tin slab crosses Rs 700 in metal

Mumbai, Mar 13 (UNI) Tin slab crossed Rs 700 as metal prices rose alongwith London Metal Exchange on fresh demand, traders at the Bombay Metal Exchange said today.

In ferrous section, copper heavy and brass cuttings edged up by Rs 500 per quintal each on higher advice. Brass utencil and copper utencil also hiked by Rs 300 and Rs 100 per quintal due to better buying support.

In non-ferrous section, copper wire bars and aluminium ingot increased by Rs 500 and.....

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Mumbai, Mar 13 (UNI) Larsen&Toubro Ltd (L&T) has informed BSE that the Board of Directors of the Company at its meeting held today has decided to pay Rs 11 per share of Rs 2 each as Interim Dividend for the current financial year ending March 31, 2007.

UNI
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