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Last updated: 23 Feb, 2017  
 Chemicals


'Indian chemical industry to surge to $226 bn in three years'
SME Times News Bureau | 25 Mar, 2017
The Indian chemical industry is expected to surge to USD 226 billion by 2020, up by nearly 35 percent from USD 147 billion in 2015, Commerce Minister Nirmala Sitharaman said in Mumbai on Friday.
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Sanmar group chalks out Rs 2,825 cr investment plans
SME Times News Bureau | 07 Mar, 2017
The $1.5 billion privately-held Sanmar Group, with interests in chemicals, engineering, shipping and steel castings, on Monday announced it has chalked out around Rs 2,825 crore fresh investments plans - on its own and in joint venture.
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Plastics processing to grow at CAGR of 10.5 pc till FY20
SME Times News Bureau | 24 Feb, 2017
The plastics processing industry is expected to grow at a compound annual growth rate (CAGR) of 10.5 percent from financial year 2014-15 to 2019-20 to reach 22 million metric tonne per annum (mmtpa), according to a report released on Thursday.
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HPCL net profit up 52.73 pc in Q3
SME Times News Bureau | 14 Feb, 2017
State run oil marketing company HPCL on Monday reported a 52.73 percent increase in its net profit to Rs 1,590.31 crore in December 31, 2016 as compared to Rs 1,041.25 crore in the corresponding period last year.
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'Rs 10,000 cr in Budget to clear fertiliser subsidy dues'
SME Times News Bureau | 07 Feb, 2017
Union Minister of Chemicals and Fertilisers Ananth Kumar on Monday said that to reduce the burden of fertiliser subsidy backlogs, a special banking arrangement of Rs 10,000 crore has been approved in the Budget 2017-18.
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Cadila Healthcare net profit declines 34.6 pc in Q3
SME Times News Bureau | 01 Feb, 2017
Global pharmaceutical company Cadila Healthcare on Tuesday posted a 34.6 percent decline in its consolidated net profit to Rs 281.6 crore for the quarter ended December 31, 2016 as compared with Rs 430.5 crore in the year-ago period.
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Wadia questions acquisitions made by Tata Chemicals
SME Times News Bureau | 16 Dec, 2016
Ahead of the December 23 extraordinary general meeting (EGM) called for his removal as independent director of Tata Chemicals Ltd (TCL), Nusli Wadia said on Thursday that he and other board members expressed concerns over acquisition of the Brunner Mond Group for Rs 800 crore and merger of HLCL (Haldia Plant) with the company.
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Petrotech 2016 will help develop Indian energy roadmap: Pradhan
SME Times News Bureau | 25 Nov, 2016
With India becoming the world's third largest oil consumer and its energy consumption projected to grow 128 per cent by 2035, the annual Petrotech international conference in December will play a key role in preparing a roadmap to satisfying the country's future energy needs, the government said on Thursday.
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10 new plastic parks to boost domestic production: Ministry
SME Times News Bureau | 16 Sep, 2016
The country is set to have 10 new plastic parks with an investment of Rs 400 crore from the Centre to boost domestic production of plastic, a Ministry of Chemicals and Fertilisers official said on Thursday.
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Tata Chemicals net profit up 32.34 pc in Q1
SME Times News Bureau | 06 Aug, 2016
Tata Chemicals on Friday reported a 32.34 percent rise in its consolidated net profit at Rs 279.65 crore for the quarter ended June 30 as compared to Rs 211.31 crore in the corresponding period last year.
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  Customs Exchange Rates
Currency Import Export
US Dollar
65.55
63.85
UK Pound
84.25
81.45
Euro
70.65
68.20
Japanese Yen 60.45 58.40
As on 30 Apr, 2017
  Daily Poll
Is Rupee appreciation a cause of concern for Indian exports?
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