Date:24/01/2006 URL: http://www.thehindubusinessline.com/2006/01/24/stories/2006012401741901.htm

Back PNM Commodities office at Anakapalle

Our Bureau

VISAKHAPATNAM: Praneetha & Mahitha Commodities (P) Ltd will formally inaugurate its office at Anakapalle, a major jaggery trading centre in the district, on Jan. 26. The company has been in the market at Anakapalle for the past one year.

Mr Ch. Harikrishna, the Managing Director, said at a press meet here on Monday that the company, operating in 120 centres in different states, would expand its operations to other parts and cover more commodities. There was a single margin maintenance system for all commodity exchanges and centralised accounting software.

He said commodities trading had a bright future and it would overtake the capital market.