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| J&K Co-op Housing Corp launches new project Excelsior Correspondent JAMMU, Feb 7: J&K Co-operative Housing Corporation Ltd has planned to take up another housing project by developing multi-storey......more' India, Bangladesh fix rice price at USD 399 per tonne DHAKA, Feb 7: Bangladesh today said it expects the first consignment of rice from India to reach here by next week after New Delhi agreed to supply the commodity , ....more Indiabulls acquires DLF's stake in Delhi residential project MUMBAI, Feb 7: Indiabulls Real Estate today said it has acquired the stake of DLF, country's largest realty firm, in Tehkhand ......more India allows exports of 22,100 tons wheat flour to Maldives NEW DELHI, Feb 7: India today made an exception to the ban on wheat and wheat flour exports by allowing sale of 22,100 tons wheat flour to Maldives."The prohibition imposed on export of.....more |
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Steel prices close steady NEW DELHI, Feb 7: Steel prices moved in a tight range in the local iron and steel market today on little bouts of trade and finished at previous levels......more COONOOR, TN, Feb 7: Good demand prevailed on the brighter liquoring teas, which sold at irregular levels with improved invoices, fetching dearer rates at the sales held here on January .......more International seminar on wheat from today BANGALORE, Feb 7: A two-day international seminar on wheat will start here from tomorrow that will focus on ways to tackle food and nutritional security of the country......more Select base metals up on fresh demand NEW DELHI, Feb 7: Prices of copper, tin and lead improved in the range of Rs 2-5 a kg in the non-ferrous metal market today on fresh demand.Marketmen said increased buying by consuming industries and stockists ....more |
J&K Co-op Housing Corp launches new project Excelsior Correspondent JAMMU, Feb 7: J&K Co-operative Housing Corporation Ltd has planned to take up another housing project by developing multi-storey flats at Sidhra near Jammu city. Addressing a press conference here today, chairman of the organisation, Balbir Singh claimed that in Sidhra project of the Housing Corporation, 64 flats of three-room and two-room accommodation will be constructed. Minister for Agriculture and Co-operatives, Abdul Aziz Zargar will lay foundation stone tomorrow. After ‘Bhoomi Pujan’ at the site in presence of all the directors of the Corporation, the new project would be launched. Though he avoided to give the cost of project, yet maintained that building complex will be completed in eighteen months period. The project will be given to a private builder and the officials of the organisation will monitor the work. Many facilities would be developed for the people investing money for these flats. Replying to a question, the chairman disclosed that total loan outstanding of the Corporation was to the tune of Rs 20.40 cr. Only 14 projects were taken up in last 25 years. From HUDCO, Corporation has taken a loan of Rs 40.62 cr. Mr Singh further claimed that in last 25 years of its existence, the Corporation could raise houses only for nearly 10,000 families in the State. Directors of the Corporation were also present. India, Bangladesh fix rice price at USD 399 per tonne DHAKA, Feb 7: Bangladesh today said it expects the first consignment of rice from India to reach here by next week after New Delhi agreed to supply the commodity at the rate of USD 399 per tonne. India had recently lifted a ban on export of rice up to 5.5 lakh tonnes to Bangladesh following the attack of Cyclone Sidr that ravaged the country's coastlines last year. "We are expecting the first consignment of rice to reach here by this month after the final approval of the decision by the two Governments," a food ministry official told PTI a day after Bangladesh and Indian officials fixed the price after four days of talks in Kolkata. Food and Disaster Management secretary Ayub Miah said Dhaka would take steps to import rice through rail, road and river ways after it received the necessary papers from Indian authorities. The meeting decided that representatives of both the countries would apprise their Governments of the meeting's outcome for approval. The meeting decided that four lakh tonnes of rice would be imported in the first two months, with two lakh tonnes each month. The remaining one lakh tonne will be imported in the third month, officials said. The Bureau of Statistics yesterday reported that inflation rate of food items in urban areas reached 15.77 per cent and 13.91 per cent in rural areas on point-to-point basis in December last year shooting up further the prices of essentials, especially rice and flour. (PTI) Indiabulls acquires DLF's stake in Delhi residential project MUMBAI, Feb 7: Indiabulls Real Estate today said it has acquired the stake of DLF, country's largest realty firm, in Tehkhand residential project at South Delhi for an undisclosed amount. DLF and Indiabulls had formed a JV firm, Kenneth Builders and Developers, in 2006 to develop a high-end housing projects in South Delhi. Both companies have equal stake in the project. The acquisition was made through Indiabulls Infrastructure Ltd (IIL), a subsidiary of Indiabulls Real Estate, the company informed the Bombay Stock Exchange. With this acquisition IIL now owns 100 per cent stake in Kenneth Builders & Developers, which had earlier won the auction by Delhi Development Authority (DDA) to develop a residential project at Tehkhand in South Delhi. The wholly-owned subsidiaries of Indiabulls and DLF, owned 50 per cent stake each in the Kenneth builders. The JV had bought 35.8 acres of land at Okhla for Rs 450 crore from Delhi Development Authority. Indiabulls Real Estate bought out DLF Home Developers shareholding in Catherine Builders and Developers, which owns 50 per cent stake in Kenneth Builders. The remaining 50 per cent shareholding of Kenneth is owned by Bridget Builders, a wholly-owned subsidiary of IIL. Shares of Indiabulls Real Estate were trading at Rs 687.50, up 3.84 per cent, while scrip of DLF were quoted at Rs 881.95, up 1.39 per cent on the BSE. (PTI) |
India allows exports of 22,100 tons wheat flour to Maldives NEW DELHI, Feb 7: India today made an exception to the ban on wheat and wheat flour exports by allowing sale of 22,100 tons wheat flour to Maldives. "The prohibition imposed on export of wheat flour shall not be applicable to export of 22,100 tons of wheat flour during 2008-09 to Maldives through STC and MMTC," the Director General of Foreign Trade said in a notification. It said the exception was only for this transaction. Last year in February, the government had put a ban on wheat exports till December 31, 2007, and later extended it indefinitely. Wheat flour was also brought under the ban from October, 2007. The government had banned export of wheat and wheat flour such as maida, samolina (rava, sirgi), wholemeal atta and resultant atta. (PTI) NEW DELHI, Feb 7: Steel prices moved in a tight range in the local iron and steel market today on little bouts of trade and finished at previous levels. Marketmen said reduced demand from builders and construction houses against restricted supply from furnace kept the prices flat. Following are today's quotations in Rs per ton: CTD saria (kamdhenu) 8-mm, 42,350, 10-mm, 41,350, 12-mm 40,750, 16-25 mm 41,350. Rathi tor steel : 8-mm 41,800, 10-mm 41,400, 12-mm 40,800, 16-20 mm 40,500 and 25-32 mm 40,800. Saria Jai bharat (iso 9002) 8-mm 39,400, 10 mm 38,800 12-mm 38,000, 16-25 mm 38,700. Amba saria (iso-9002) 8-mm 38,800, 10-mm 38,300, 12-mm 37,100, 16-25-mm 38,000. Amba shakti: (TMT) 8-mm 39,100, 10 mm 38,500, 12 mm 37,500, 16 to 25 mm 38,000. M S Angle: (50x5) (50x6) 34,800, (25x3) (32x3) (40x3) 35,200, (40x5) (40x6) 35,000. Angle capital (ISI) (50X5) (50X6) 35,000, (40X5) (40x6) 35,200, (35X5) (65X6) 35,400. Garder (joist) (150x75) 37,500 (175x85) 37,600 (200x100) 38,100 (125x70) 37,600. T-IRON (40X5) (40X6)(50X6) 36,300. Ingot and Scrap: Bhivari 32,100, Govindgarh 31,800, Ghaziabad 32,100, Muzaffarnagar 30,500. (PTI) |
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COONOOR, TN, Feb 7: Good demand prevailed on the brighter liquoring teas, which sold at irregular levels with improved invoices, fetching dearer rates at the sales held here on January 24 and 25 here. Better medium and medium teas opened fully firm to dearer prices especially on the bolder grades but sold irregular and settled at steady levels as the sale progressesed. The fannings grade in this category were barely steady. The plainer teas managed to hold their last levels, marker sources said. Orthodox leaf: The whole leaf grades met with fair demand and sold at irregularly lower levels, whilst the brokens were lower by up to Re 1. The secondaries and fannings were also irregularly lower with a quantum of teas remaining unsold due to want of bids. CTC Dust: The brighter liquoring teas met with good demand and sold at firm to occasionally dearer prices on select invoices. The better medium and medium teas sold at dearer prices by up to Rs 2, especially on the smaller dusts. Plainer teas met with good demand and fetched dearer prices by up to Rs two. Otherodox Dust: The primary dust sold irregular and lower following quality. The leafy secondaries and the clean powdery dusts also came to lower market. The secondary and powdery residuals were absorbed at easier levels. A total of 9,18,645 Kgs of tea were sold at the sale, they said. (PTI) |
International seminar on wheat from today BANGALORE, Feb 7: A two-day international seminar on wheat will start here from tomorrow that will focus on ways to tackle food and nutritional security of the country. About 30 speakers from the Industry and Central Government organisations will express their views at the The seminar - Vision 2020 - on issues contributing to changing environment reflecting on production and trade. Delegates from Canada, US, Germany and Middle East besides farmers groups, major Indian traders in commodities, machinery and additive manufacturers, processors and manufacturers of wheat-based products on the domestic front, were expected to participate in the seminar, organising committee Chairman Vinod Kapoor told reporters here. The seminar will be inaugurated by Union Minister of State for Consumer Affairs and Public Distribution Akhilesh Prasad Singh. It is organised by Wheat Products Promotion Society, Roller Flour Millers' Federation of India, Karnataka Roller Flour Mills Association, All India Bread Manufacturers Association and Society of Indian Bakers. (PTI) |
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