DBT scheme will help reduce urea consumption: A Vellayan, Murugappa GroupAt Coromandel we set up about 1,000 retail stores in our primary markets about five years ago.
DBT is a welcome step and hope consumption will be actual: A Vellayan, Murugappa Group"Coromandel has now diversified its portfolio from pure play fertiliser to agrochem, speciality nutrients, rural retail and organic manure."
Benefits to flow towards end of August-September when new supplies come: A Vellayan, Murugappa Group"The farmer will benefit and there is some appreciation in the rupee that is different but on a net-net rupee basis, we will pass on reduct...
Insider trading case: Sebi gives interim relief to Murugappa executive chairman A Vellayan, 3 othersSEBI had alleged that Vellayan had passed on unpublished price sensitive information pertaining to the acquisition of Sabero Organic.
Policy on flexi-fuel vehicle by January 26, says GadkariTransport minister to also try convince the petroleum industry about the merits of biofuel, which it’s currently not too keen on.
A Vellayan returns as Murugappa Group ChairmanVellayan has resumed charge as Chairman of the Murugappa Group, five months after "stepping aside" from the post after market regulator Seb...
A Vellayan, charged with insider trading 'steps aside'A Vellayan, whom market regulator SEBI has charged with insider trading over a stock market transaction done in 2011, has 'stepped aside' a...
Sugar mills seek debt restructuring, export sops from governmentThe association also pointed out that the debt burden of the sugar industry has more than tripled to Rs 36,601 crore at the end of 2012-13 ...
Brazilian sugar threat to Indian millersThe sugar industry expressed its fear of Brazil producing more sugar than ethanol because of falling crude price, which may make the situat...
Sugar production will reach 25 million tons despite weak monsoon: A VellayanOver all there will be 25 million tonnes of sugar production (during the harvesting season that starts from October)," Vellayan said.
Narendra Modi government would be positive for the economy, UPA a disaster: Murugappa Group chief A VellayanA Vellayan, chairman of Rs 22,500-cr Murugappa Group, said UPA govt had announced many well-intentioned policies but did not implement them.
- Murugappa Group sees 20% spike in 2014 revenues
“Demand was down 25% in our flagship fertiliser business… While sugar business was hurt by deficient monsoon and a steep increase in input ...
Budget 2013 may not address urea decontrol: A Vellayan, Murugappa GroupThe government did not go into NBS on urea and stop after doing NBS in phosphatics, says A Vellayan, Murugappa Group.
- Kakinada plant will boost our capacity to 3.8 mt: A Vellayan, Murugappa Group
The impact on the top line is dependent on market conditions but it will take our total capacity up to 3.8 million tonnes from 3 million mt...
- India likely to ink DAP, MoP import contract only in February-March,13
A Vellayan said sale of phosphatic and potassic (P&K) fertilisers have been hit due to high prices of the crop nutrients, delayed monsoon r...
- Murugappa Group unveils Rs 1,000 crore capex plan
Murugappa Group said it plans to make a capital expenditure of Rs 1,000 crore in the the current fiscal and reach the Rs 35,000-crore turno...
- We are poised to become a $7.2 bn group: Avellayan, Executive Chairman, Murugappa Group
Vellayan says the group is also set to become a leading urea producer, for which it is scouting for cost-effective acquisitions.