Commodities
AP coconut prices crash on closure of Nafed centres
COCONUT prices in Andhra Pradesh, especially East and West Godavari districts which account for the bulk of the production, have crashed after the closure of the Nafed copra purchase centres in February. The farmers are now demanding that the centres be reopened to revive the market.

Corporate
Robin Hood Multifoods plans to enter branded atta segment
AFTER Cargill, Conagra, Pillsbury and Unilever, it may well be the turn of yet another multinational, Robin Hood Multifoods Inc, a wholly-owned subsidiary of the $2.2-billion Minneapolis-based International Multifoods, to enter the country's Rs 450-crore branded wheat flour (atta) market.

Financial Performance
Kil Kotagiri Tea net down
COIMBATORE: The Kil Kotagiri Tea & Coffee Estates Co Ltd's net profit plunged to Rs 0.02 crore for the fiscal ended March 2001, as against Rs 0.57 crore during the corresponding period of the earlier fiscal.

Rubber
Rubber Board moots resumption of STC procurement
THE Rubber Board has recommended that the procurement of rubber by the State Trading Corporation (STC) to keep its prices steady and ensure supply to the user industry.

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