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Sugar Stocks Soar After CCEA Fix Prices for Ethanol Procurement

Shares of the Sugar companies rose on Thursday after that the Cabinet Committee on Economic Affairs (CCEA) has fixed prices for ethanol procurement. CCEA approved a proposal to fix the delivered price of ethanol in the range of Rs.48.50 to ...

Probing former Finance Minister P Chidambaram's role in Aircel-Maxis deal: CBI to court

New Delhi: The CBI on Monday told the special 2G court hearing the Aircel-Maxis case that the FIPB approval given by former Finance Minister P Chidambaram in the deal was a "mistake". "The investment was of 800 million USD which ...

Government puts stock limits on onion & potato to check prices

Stepping up its efforts to combat inflation, the Narendra Modi government on Wednesday imposed control orders on onions and potatoes under the Essential Commodities Act of 1955, so anyone holding stocks of these two food items beyond limits specified by states ...

CCEA clears shale gas exploration under nomination regime

The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Petroleum and Natural Gas on the policy on exploration and exploitation of shale gas and oil by National Oil Companies (NOCs) on acreages under the nomination regime. ...

CCEA clears the deck RIL cleared in 5 months what Cairn is under process after a year

The cabinet committee on Economic Affairs (CCEA) cleared the $7.2 billion deal that BP had made with Reliance Industries (RIL) in February. The deal gives Europe's second-largest energy giant, BP Plc, 30% participating interest in hydro-carbon blocks allotted to Reliance ...

Reliance-BP deal will now be reviewed by Cabinet Committee Economic Affairs

The Cabinet Committee on Economic Affairs, will take up the BP-Reliance Industries deal for discussion by next Thursday, according to early media reports. Apparently the Oil Ministry has sent the proposal to the Cabinet Committee on Economic Affairs (CCEA) on ...

SEBI approves the Vedanta-Cairn deal

Indian capital market regulator, SEBI, cleared Sesa Goa's open offer for the shareholders of Cairn India, the Indian oil and gas explorer. This brought the London-listed Vadanta Resources, metal and mining company, near to its goal of acquiring, control of ...