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MD NARENDRA MURKUMBI
Narendra Murkumbi on why he is resigning as EVC & MD of Shree Renuka SugarThe family stake will drop to 13% as promoters dilute stake to settle debt. Wilmar to be lead promoter now.- Renuka Sugars VC & MD Narendra Murkumbi resignsMurkumbi will continue to hold the position for a period 90 days or until the completion of the open offer made by Wilmar Sugar Holdings, w...
- Exports, strong ethanol policy required for salvaging sugar companies: Narendra Murkumbi'This whole problem with oversupply, negative margins and industry having big losses is slowly transforming on the ground into an agrarian ...
- State govts need to embrace revenue-linked formula for cane pricing: Narendra M Murkumbi"Karnataka has moved towards a revenue-linked formula for cane pricing. Maharashtra is expected to introduce a bill on it in the assembly v...
- Levy sugar system & release mechanism need to be looked at: Narendra Murkumbi, Shree Renuka Sugars"We are at the peak of production and as the release mechanism is being dismantled we will expect from here onwards that there will be a bi...
- 2013 may see sugar surplus in world market: Narendra M Murkumbi, Shree Renuka SugarsIn India, we have about Rs 2k cr of long-term debt and another about Rs 2k cr of debt backed by working capital assets, says Narendra M Mur...
- Sugar prices could go up 10-20% from current levels by next quarter: Narendra M Murkumbi, Shree Renuka Sugars"We are at the cusp of the new season and I expect the season to be very short, and one should see stronger sugar prices in the next quarte...
- Rupee weakness helping competitiveness of sugar exports: Shree Renuka SugarsIn an interview with ET Now, Narendra Murkumbi, MD, Shree Renuka Sugars Ltd, shares his outlook for the company for 2012. Excerpts:
- Fundamentals of global sugar prices still strong: Shree Renuka SugarsIn an interview with ET Now, Narendra Murkumbi, MD, Shree Renuka Sugars Ltd, gives his views on whether this will have a significant impact...
- Shree Renuka Sugar MD Narendra Murkumbi arrives on global stage
- ET Awards: Narendra Murkumbi's Sugar Daddy is Emerging Company of the YearThe company has just completed a successful turnaround and of two loss-making sugar companies it acquired in Brazil a little over a year ag...
- Renuka Sugars bets on increasing margins to service its debt: Narendra Murkumbi, MDNarendra Murkumbi, MD, Shree Renuka Sugars Ltd in an interview with ET Now talks about the entire companents and prime movers of sugar indu...
- Increasing sugar exports will not affect the oil prices: Narendra Murkumbi, Shree Renuka SugarsIn an interview with ET Now, Narendra Murkumbi, MD, Shree Renuka Sugars Ltd talks about how the EGoMs decision on allowing sugar exports wi...
- In 2011, all surplus Indian sugar will be absorbed globally: MD, Shree Renuka SugarsET Now catches up with Narendra Murkumbi, MD, Shree Renuka Sugars Ltd to better understand all the action being played out in the sugar spa...
- Renuka, Jaypee Cap may team up to buy up to 26% in NCDEXShree Renuka Sugars and Jaypee Capital will form a consortium for picking up to 26% stake, or become an anchor investor, in NCDEX.
- Renuka Sugars backs out of cogen project in PuneDespite approvals, doubts over assured pulp supply said to have triggered decision.
- LN Mittal of Indian sugar: Meet the man who’s taking Renuka globalHis penchant for spotting and lapping up troubled assets has already earned him the sobriquet ‘the LN Mittal of Indian sugar’.
- Govt decides to import sugar to meet demandIndia, the world's biggest sugar consumer, may depend on imports to meet almost a third of its demand next year as a drought in the major g...
- Goldman, ICE look to offload stake in NCDEXGoldman Sachs and ICE are said to be in talks with Shree Renuka Sugars to divest their stakes in agri bourse National Commodity & Derivativ...
- Goldman, ICE look to offload stake in NCDEXGoldman Sachs and US exchange IntercontinentalExchange (ICE) are said to be in talks with Shree Renuka Sugars to divest part of their stake...
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