KERALA PLANTERS AGAINST IMPORTS FROM SAARC NEIGHBOURS

Article Abstract:

The Association of Planters of Kerala (APK) has urged the Government of India not to permit import of tea from Saarc nations. It wants the Government to restrict the imports until these nations allow free export of Indian tea. APK feels that the Government's decision could result in a fall in tea prices below the remunerative level and import of sub-standard tea. In 1997, the tea exports from India were around 203 million kg, worth Rs1,731 crore. (ag)

Comment:

India: Association of Planters of Kerala urges the Government not to permit import of tea from Saarc nations

International economic relations, All Other Miscellaneous Crop Farming, Tea, Tea (Plant), Article

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DSCL H1 NET SLUMPS TO Rs4.06 CRORE

Article Abstract:

The net profit of DCM Shriram Consolidated Ltd (DSCL) has declined to Rs4.06 crore in the first half of 1998-99 (Rs11.05 crore in the first half of 1997-98). The decline in net profit is attributed to the Rs7.5 crore loss incurred by the company following the scheduled shutdown of its fertiliser plant in April 1998. Its operating profit declined to Rs42.42 crore (Rs48.80 crore) and its gross sales has declined to Rs291.24 crore (Rs342.54 crore). (gs)

Comment:

The net profit of DCM Shriram Consolidated Ltd (DSCL) has declined to Rs4.06 crore in the first half of 1998-99 (Rs11.05 crore in the first half of 1997-98).

Sales, profits & dividends, Market information - general, Fertilizer Manufacturing, Fertilizers, DCM Shriram Consolidated Ltd.

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