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Rs 3.09 crore price sugarcane procured by mills in Muzaffarnagar: Officers

Rs 3.09 crore price sugarcane procured by mills in Muzaffarnagar: Officers

Business
Muzaffarnagar: Eight sugar mills have procured over Rs 3 crore price of sugarcane from farmers in the route of the latest crushing season, officers said here on Wednesday. According to District Cane Officer R D Trivedi, the eight sugar mills comprise Khatauli, Mansurpur, Tikola, Bhudhana, Morna, Khaikhedi, Titawi and Rohana. The general mills blended have purchased Rs 3.09 crore price cane till December 28 and produced 31.29 lakh quintals in the route of the latest crushing season in the district, the first price added. (Gain all the Enterprise News, Breaking News Events and Most modern News Updates on The Financial Times.)Download The Financial Times News App to construct up Day to day Market Updates & Dwell Enterprise News.Be taught Extra

Maharashtra allots Rs 2211 crore for farmers, Rs 22 crore for vaccine storage

Business
Mumbai: The Maharashtra govt has distributed Rs 2,211 crore to produce reduction to farmers hit by natural calamities and Rs 22 crore for COVID-19 vaccine air-con services because it tabled Rs 21,992.50 crore supplementary demands in the assembly on Monday. The more than just a few highlights of the demands for 2020-21 tabled on the main day of two-day cool climate session of the legislature included Rs 2,850 crore for bonus to paddy farmers and Rs 3 crore in direction of fee of costs of the lawful team representing the issue govt in the Maratha quota case in the Supreme Court. A sum of Rs 100 crore has been web yelp online apart for the Ambedkar memorial at Indu Mill premises in Mumbai, Rs 475 crore for MLA fund and Rs 8 crore for the new MLA hostel beneath construction in the metropoli...

Essar to pump Rs 35,000 crore into Gujarat for steel manufacturing mission

Business
SynopsisAfter exiting two of its most prized property in Gujarat — the refinery and steel facilities, the Ruias-managed Essar community is over all but again exploring the instruct for several colossal-place projects. These comprise environment up a commercial port, recent and rising technologies, EV vehicles and lithium-ion manufacturing facility, renewable vitality, petrochemicals and even a steel mission. The firm has drawn out plans to speculate about $5 billion (roughly Rs 35,000 crore) for a steel manufacturing mission in Gujarat, said sources shut to the enchancment.Senior executives of Essar Group met high Gujarat govt officials remaining week to talk about about diverse plans(This story before the total lot appeared in on Oct 23, 2020)AHMEDABAD: After exiting two of its most pri...

In a prime RBI targets to prefer Rs 10,000 crore pronounce bonds on October 22

Business
The RBI will prefer the SDLs (Advise Style Loans) because it's some distance legendary in the market parlance thru a multi-security auction the utilization of the more than one imprint manner. There's no security-wise notified amount, the central financial institution mentioned in a liberate.SynopsisThis can aim to prefer bonds of 15 pronounce governments including Andhra Pradesh, Arunachal Pradesh, Maharashtra, Gujarat, Kerala, Madhya Pradesh. Those bonds are having residual maturities of about 9-11 years.The Reserve Monetary institution of India will utilize bigger than a dozen pronounce governments' bonds worth Rs 10,000 crore on October 22 for the first time making it a take a look at case for future such operations where it would possibly perhaps perchance perhaps perhaps perhaps als...

Navy scraps ₹20,000-crore tender torpedoing local shipyards’ hopes

Business
The Indian Navy has scrapped a prolonged-running tender to assemble four landing platform docks (LPD) value about ₹20,000 crore in a gargantuan setback for the government’s ‘Execute in India’ initiative, leaving expose-starved local yards in dire straits. Multiple sources suggested BusinessLine that the Ministry of Defence on September 25 cancelled the inquire of for proposal (RFP) for the helicopter landing platform with skill to lift men, tanks and armoured carriers for the Army. L&T Shipbuilding Ltd and Reliance Naval and Engineering Ltd (RNAVAL) were the two bidders left in the fray for the tender that has long passed by a complete lot of twists and turns since the RFP was issued in November 2013. RNAVAL had partnered with France’s Naval Neighborhood whereas L&T had teamed up with Sp...