The Hindu Business Line : Saturday, October 01, 2005

FMC increases fine on delivery defaults; moots performance audit
THE Forward Markets Commission (FMC) has said the penalty for default of deliveries by trading members would be hiked to five per cent from the existing 0.5 per cent of trade value. The penalty would be imposed for non-delivery of both ... More

FLORICULTURE

Opening new vistas
A vendor displaying cut-flowers at his outlet in Hyderabad's Jambagh market. The cut-flower market has opened new vistas for floriculturists. Flowers from Pune and Bangalore are sent to this market, which is a transit hub. Cut-flower exports are ... More

HORTICULTURE/FRUITS & VEGETABLES

One-stop shop for gardening needs
THE AVT Biotechnology Division has established a Garden Centre - Gardenia - here as a one-stop shop for the gardening needs of households. The centre, which will be operational from October 2 to cater to the needs of garden enthusiasts, ... More

PLANTATIONS

Campco bid to boost sales of finished cocoa products
THE Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has strengthened the chocolate marketing division to boost the sales of finished cocoa products. Addressing presspersons here on Friday after attending the 31st ... More

RUBBER

Shortage props up rubber prices
SPOT rubber rates moved up sharply on Friday. Acute shortage of rubber continued to haunt the main marketing centres. Hectic buying from the north Indian sector and exporters pushed up ungraded rubber and ISNR 20 further. Moderate buying ... More

TEA

Special tea sale of 142 finalists of Golden Leaf India award
THE United Planters Association of Southern India plans to announce a special tea sale featuring the 142 finalists of the `Golden Leaf India Awards'. The sale is expected to take place in Kochi on October 18 and 19. UPASI Secretary General, Mr ... More

DAIRY & DAIRY PRODUCTS

Hatsun Agro bullish on dairy ingredient exports
Dairy ingredients, primarily milk powder, are being exported to West Asia, South-East Asia and Canada. Hatsun expects to consolidate its export position in the current year. More

AGRICULTURAL INSTITUTIONS

FCI to raise Rs 5,000 cr thru bonds
THE Food Corporation of India (FCI) plans to raise Rs 5,000 crore through issue of bonds to restructure its debt. It has sought approval from the Government for this. FCI had earlier this year raised Rs 5,000 crore through bonds issuance. "We ... More

COTTON

SIMA body seeks study on sucking pests' behaviour in Bt cotton
THE Southern India Mills Association's cotton development body, SIMA-CDRA, has said the behaviour of the sucking pests in Bt cotton needs to be studied as this aspect does not come under the purview of Bt technology. There is a need to ... More

OILSEEDS & EDIBLE OIL

Malaysian cos set to take control of edible oil refineries in Europe
Malaysian companies will gain control of at least 60 per cent of the oil refining capacity in Europe, said Mr M.R. Chandran, former Executive Director, Malaysian Palm Oil Board. More

Agro Tech Foods' gesture to ailing kids
AGRO Tech Foods Ltd, a Rs 1,200-crore company in the premium segment of edible oils, has joined hands with Narayana Hrudayalaya, a heart care hospital in Bangalore, to assist children suffering from heart problems. The company has agreed to ... More

Tariff rate for palm group of oils, soya oil hiked
THE Centre on Friday raised the base import price on which it works out the customs duty for palm group of oils and crude soyabean oil by $2-5 per tonne. But the increase, coming close on the heels of a cut in the base price also called tariff ... More

EVENTS

Food scientists, technologists to discuss value addition
THE Association of Food Scientists and Technologists (India) is organising a day-long national workshop on "Value addition to foods - Fruits and vegetables" here on October 1. "We do just seven per cent value addition to food produce as ... More

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