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EX DISTILLERY PRICE
Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
- Kesar Enterprises to trade ex-split basis for 10:1 sub-division from todayKesar Enterprises shares will trade ex-split on September 18. The stock split ratio is 10:1. The face value reduces from Rs 10 to Rs 1. The...
- Corporate actions this week: SBI, Tata Consumer Products to go ex-dividend, Bharat Dynamics ex-split & moreThis week, SBI, Colgate-Palmolive (India), Oberoi Realty, Tata Consumer Products, and Sula Vineyard will go ex-dividend. Bharat Dynamics an...
- Prioritising grain-based ethanol in Bihar and MP has increased losses of molasses-based ethanol manufacturers, says ISMAOil marketing companies (OMCs) have signed long-term purchase agreements with the new grain-based distilleries in Bihar and MP. According t...
- High crude prices an additional tailwind for international raw sugar prices: Balrampur Chini Mills CFO“Currently, we are at around 8.5% of blending. The government has mandated 20% blending by 2025-26 and in the ongoing ethanol year, which b...
- Centre doubles incentive on sugar sacrificed for producing ethanol from October 2021In the 2020-21 ethanol marketing year ending November, the country is estimated to achieve an 8.5 per cent blending of ethanol with petrol,...
- West Bengal second highest in people consuming alcohol after Uttar Pradesh: StudyAccording to the study, nearly 1.4 crore people in West Bengal consume alcohol, and this sector is among the top three revenue earners of t...
- Govt targets 362 crore litre ethanol in 2020-21 to help sugar mills pay cane price duesThe government has also set a mill-wise target of ethanol production for every mill that has a distillery attached to it, with an all India...
- CAG flags irregularities in UP excise departmentUndue advantage also accrued to wholesalers and retailers (in case of IMFL) to the tune of Rs. 1,643.61 crores due to higher Ex Distillery ...
- Yogi tweaks liquor policy, UP excise collection up by 48%The auditor has compared the excessive charges on specific liquor brands, a big share of which went to the distilleries, as compared to the...
- Government set floor price of sugar won’t impact retail prices: Indian Sugar Mills AssociationISMA said that it will be a challenge to expect the sugar industry to clear the huge cane price arrears on this basis.
- Sugar companies worried as export sop, ethanol supply may be linkedThe government recently announced subsidy of Rs 4,000 per tonne for export of 1.4 million tonne of raw sugar in the 2014-15 sugar season.
- Sugarcane price rise may negate sugar mills' marginsCompanies, including Balrampur Chini Mills, Bajaj Hindusthan and Dhampur Sugar, will continue to see subdued earnings during the current su...
- Dharani Sugars' earnings to improve in coming quartersOver the last three years, Dharani Sugars & Chemicals' earnings had taken a hit as a result of the capacity expansion program.
- Sugar industry: Lower production estimates may sweeten realisationsThe recent downward revision in estimates of sugar production for the next year is likely to keep sugar prices high in the coming quarters.
- Farmers losers in ethanol pricingThe Centre is all set to fix the price of ethanol at Rs 27 per litre this week under intense pressure from the powerful sugar lobby.
- State sugar mills look for bailoutMills have stocked up molasses in the hope of selling high.
- Maharashtra, Gujarat in race for UP sugar processing dealMaharashtra and Gujarat are competing to process the 20 lakh tonne raw sugar imported by private sugar mills in Uttar Pradesh.
- Green fuel plans pick up paceIndia’s green fuel plans are turning hot. Cars in most parts of the country will soon be able to use Bharat III level fuels doped with etha...
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