NEW DELHI: Caustic soda prices rose by Rs 50 per 50 kg in the national capital today largely on the back of good demand from detergent manufacturers. Caustic soda flake rose by Rs 50 to Rs 2,050-2,150 per 50 kg. Marketmen said apart from good demand from detergent manufacturers, tight supplies from producing belts also pushed up caustic soda prices on the wholesale chemical market here. The following are today's quotations: Ammonium chloride (50 kg) Rs 1,200-2,400, Acetic acid (1kg) Rs 65-75, Ammonia bicarb (25 kg) Rs 600-800, Boric acid technical (50 kg) Rs 4,400-5,000, Borex granular (50 kg) Rs 2,200-2,600. Caustic soda flake (50 kg) Rs 2,050-2,150, Citric acid (50 kg) (China) Rs 3,700-4,100, Citric acid deshi (50 kg) Rs 3,800-4,500, Camphor slab (1 kg) Rs 450, Camphor powder (1kg) Rs 400, Glycerine (1 kg) Rs 120-185, Hexamine (1kg) Rs 95, Hydrogen peroxide (1 kg) Rs 40-50, menthol bold crystal (per kg) Rs 1,055, menthol flake (1 kg) Rs 995 and mentha oil (1kg) Rs 895.

MUMBAI: Kumar Mangalam Birla owned Aditya Birla Nuvo’s (ABNL’s ) consolidated net profit for the quarter ended March fell by 1.80% to Rs 327 crore when compared on a like to like basis. The consolidated revenue for the quarter was up by 13.25% to Rs 6425 crore when compared to the same period last year. The group that has financial sector, telecom, linen and manufacturing business under its folds reported 11% increase in revenue to Rs 23129 crore for the year ended 31st March 2016. Propelled by the growth in non-banking financial company (NBFC), asset management, telecom, rayon and agri business , its consolidated annual net profit was up by 30.34% to Rs 1886 crore. According to the group statement, ABNL plans to incur a capital expenditure of about Rs 325 crore for its pisions including Rs191 crore and Rs 40 crore towards the expansion of linen Yarn and viscose filament yarn capacities respectively. The company added that there will be a capital requirement of about Rs 750 crore ...