Madhvi Sally

New Delhi: India , the world's second largest sugar producer after Brazil , retains 2016-17 sugar production figure at 22.5 million tonnes, according to a Food Ministry official.He said this post a meeting with sugar commissioners of cane growing states in New Delhi on Tuesday.This official said that they have asked the state commissioners to review sugar estimates and submit report in the next 7-14 days.He also added that the country had a comfortable sugar position and they were unlikely to...

Mauritius based PE firm ChrysCapital has bought a minority stake in agrochemical company Safex for Rs 364 crore. The transaction involved a combination of secondary sale by an existing PE investor, BanyanTree Growth Capital, along with a primary raise by ChrysCapital for growth initiatives, company executives said without specifying the quantum of stake.