Birla's sale of fertiliser arm comes within two years of Tata's exit from sector
Centre allocates extra Rs 65,000 crore for FY21, over the BE of Rs 71,309 crore
Fertiliser sales surged by almost 98 per cent year on year in May 2020, according to government data
FAI Director General Satish Chander demanded that the government should clear subsidy arrears at the earliest as delay in payments is hurting liquidity of manufacturers
RCF, Nagarjuna Fertilisers, Chambal Fertilisers and Deepak Fertilisers gained more than 4% each
The decision was taken on the eve of the mega launch of GST