sugar exports

India just banned sugar exports. The farmers it claims to protect will pay the price, it claims.

Yesterday, the government issued a gazette notification banning all raw, white, and refined sugar exports with immediate effect—until September 30, 2026. Markets jumped. Brazil celebrated. And 50 million Indian sugarcane farmers got quietly squeezed. Here is the part the press release does not say out loud: The Setup: A Government-Made Mess In February 2026, the government…

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Vodafone

Byju’s Investors Hold Firm, Potential Abstention from Rights Issue Despite Extension

Investor Standoff Persists Amidst Offer Extension The conflict between Byju’s and dissenting investors continues as the latter show no inclination to partake in the ongoing rights issue, despite a 72-hour extension provided by the edtech giant. This impasse underscores the deep-rooted discord within the company. Founder’s Outreach Falls Short Byju Raveendran’s recent attempt to reconcile…

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Reliance

6 Explosive and Profitable Market Moves: Reliance Leads the Pack, While Others Follow Suit

Market Surge Propels Reliance Industries and ITC to Significant Gains In the past week, the 30-share BSE benchmark witnessed a remarkable surge, soaring by 561.89 points or 0.86 percent. On July 7, the Sensex reached an unprecedented high of 65,898.98, reflecting the bullish sentiment in the market. Among the top-10 most valued firms, Reliance Industries…

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Government

Government Mandates Dematerialization of Private Company Securities by September 2024

In a significant move aimed at enhancing transparency and accountability, the government has issued a directive requiring private companies to dematerialize their securities by September 2024. This directive is expected to have far-reaching implications for the corporate landscape in India. However, it’s essential to note that this requirement applies to private companies, excluding small companies…

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