I-T dept stays tax recovery from Maharashtra sugar mills

As the inflow of cheaper sugar from inches close to half-million tonnes, influencing domestic prices, a section of sugar millers has urged the Government to hike import duty to 30 per cent. Currently, the import of raw and refined sugar under the ...

Maharashtra cooperative sugar mills have received a partial benefit due to partial decontrol. The loss on account of mismatch between the market price and the price at which levy sugar was sold will fall by Rs 960 crore during the current crushing ...

After getting the , millers are now keen to learn the futures game. Further, they also plan to strengthen their marketing teams and chase long-term deals with bulk consumers, such as beverage and confectionery makers. Till recently, sugar sale was ...

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 ...

Post partial decontrol of sugar, Maharashtra has emerged as the favoured destination for various state governments for the purchase of sugar as the state enjoys advantage of low price compared to other sugar producing states. This apart, the ...

April 29 (Bloomberg) -- Sugar inventories in India, the largest consumer, are poised to surge to a five-year high as exports grind to a halt because of slumping global prices even as a drought threatens cane planting, a mills group said. Stockpiles ...

(Adds comments from minister, executives, details) By Rajesh Roy and Biman Mukherji NEW DELHI--India Thursday lifted most controls over the sugar sector, a step that will likely boost investments in the industry but add to the government's ...

The recent government decision to deregulate the sugar industry has brought relief to the sugar mills and the sugar industry in the country. According to sources in the industry, as suggested by the Rangarajan Committee, the decision will help the ...

tags: Lockout, workers rights, solidarity, unions, jobs, benefits Union workers at American Crystal Sugar plants in Minnesota, North Dakota and Iowa expect to return to work soon now that they approved a contract last Saturday. The company locked ...