Post decontrol, govt needs to look at cane & sugar price linka...

After months of wait, government finally bit the bullet and decided to dismantle the levy sugar obligation and release order mechanism, measures which will unshackle the over Rs 80,000 crore Indian sugar sector.

With growth stagnating in India and other small markets, the company is left with no choice but to sell in the US, Europe and Japan Reliance rediscovers voice Will Mukesh Ambani disrupt the telecom market by offering free voice calls or at rock-bottom tariff? ...

Sugar exports from India, the world's second-biggest producer, are set to climb next season as an end of state curbs on local sales sends domestic prices lower and encourages mills to boost overseas shipments. Supply will be available for exports in ...

a government desperate to bolster its reform credentials and attract foreign investment, lifting controls over the sugar sector offered a great prospect. Not only because sugar was among the most tightly controlled commodities but also because the ...

Sugar supplies are set to increase as millers may sell more of their inventory to clear cane arrears, following the Uttar Pradesh Government's action against those defaulting in payment to growers. This may further dampen the prices of sweetener, ...

Neglected so far, the allied activities of sugarcane crushing are set to gain a major share of fresh investments due to the immense potential opened by the partial decontrol in sugar sales and 30 per cent increase in ethanol prices. Sugar mills, it ...

Oil marketing companies (OMCs) have agreed to a 30 per cent rise in ethanol prices for its mandatory blending with petrol. Analysts believe the decision will increase sugar mills' profitability by 25 per cent, beside attracting a lot of fresh ...

Siddharth Tak and Rohit Joshi/ZRGAs expected the Union Cabinet's decision to partially decontrol the sugar sector has been greeted positively by the industry. However, experts have kept their fingers crossed in relation to dilution of the spirit of ...

The share price of sugar companies jumped upto 20% on Friday following the government's decision to abolish levy mechanism to set the market under partial decontrol. The decision is set to improve cash flow of sugar mills resulting into an estimated ...