Amit Shah promises to direct banks to adopt flexible financing policy for new ethanol projects

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According to the release issued by the Federation, Shah promised to issue orders before August 15 asking the banks to adopt a flexible policy about financing of the ambitious ethanol projects.

from Agriculture-Economy-News-Economic Times https://ift.tt/3CauSoS

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

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The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
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