The government has approved a proposal for the revival of eight closed units of Fertilizer Corporation of India Limited (FCIL) and Hindustan Fertilizer Corporation Limited (HFCL).
The Union Cabinet accorded approval for the proposals for revision in the benchmark prices for Nutrient Based Subsidy (NBS) 2011-12, w.e.f 1st April, 2011 for Phosphatic and Potassic (P&K) fertilizers. This will enable the manufacturers and importers
Tata Chemicals has announced an investment of US4290mn to acquire a 25.1 percent stake as a strategic investor in the stream 1 of a Greenfield port-based ammonia-urea fertilizer manufacturing complex in the Republic of Gabon. The balance of sharehold
Rashtriya Chemicals and Fertilizers has posted a net profit of Rs. 68.36 crore for the quarter ended December 31, 2010 as compared to Rs. 77.78 crore for the quarter ended December 31, 2009. Total Income has decreased from Rs. 1619.97 crore for the
CRISIL's ratings on the bank facilities of Mangalore Chemicals and Fertilizers Ltd (MCF) continue to reflect MCF's established position in the fertiliser business, especially in South India, and healthy operating efficiency. These rating strength
CRISIL has assigned "˜AA-(so)/Stable/P1+(so)' ratings to the bank facilities of Kribhco Shyam Fertilizers Ltd (KSFL). The ratings are based on the strength of an unconditional and irrevocable guarantee provided by KSFL's parent, Krishak Bharati
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