Rio Tinto beats De Beers to buy Ashton
De beers, the global rough diamond major, is facing fresh challenges in acquiring the Australia-based Ashton Mining as Rio Tinto last week acquired a 49.82% stake in the company after accepting MMC entire 49.72% stake in Ashton.

Solvent extraction units seek aid for survival
The deepening crisis in the edible oils sector is directly hitting over 500 solvent extraction units in the country. Owing to dwindling domestic production, lack of sufficient oilseeds and other oil bearing materials for extraction.

COOIT calls for variable duty structure for edible oils
The COOIT at its 38th convention in Chennai has called for immediate increase in import duty to save the edible oil cultivation, industry and trade from total collapse under the impact of liberal and excessive imports.


  Bihar farmers starve despite bumper crop
  Online sugar trading platform launched
  WB garment-makers fear new policy may kill their trade
  Coconut byproducts have no buyers despite glut
  ONGC to increase production of crude
  Vegetable oils industry seeks sales tax exemption