BASF Canada invests $14 Mn for Regina crop protection production facility

BASF Canada Agricultural Solutions (BASF) unveiled its modernized formulation, packaging and distribution facility in Regina, Saskatchewan. More than $14 million was invested in facility transformations, making it the division’s single biggest agriculture infrastructure investment in the last decade. Located...Read more

NFL registers growth in sale of non-urea fertilizers

In order to promote the balanced use of fertilizers in India, National Fertilizers Limited (NFL) is encouraging farmers in its training programmes to also use nonurea fertilizers like DAP, MoP, NPK and Sulphur Based fertilizers. With these efforts, the company has registered growth in sale of all non-urea fertili...Read more

IFAD get €300 million loan from AFD to support small-scale farmers

 In an effort to tackle the devastating impact of climate change on rural hunger and poverty, the French development agency, Agence Française de Développement (AFD), signed a €300 million loan to the UN’s International Fund for Agricultural Development (IFAD) to help small-scale farme...Read more

India's 'Green Energy' portfolio shows consistent enhancement

The 33rd Annual General Meeting (AGM) of Indian Renewable Energy Development Agency Ltd (IREDA) , a PSU under Ministry of New & Renewable Energy, was held on November 11, 2020, at India International Centre, New Delhi. Annual accounts for financial year 2019-20 were adopted at the AGM. Addressing the Director...Read more

Insecticides India Limited reports a decline of 9.4% in profit in Q2 FY21

Commenting on the performance, Rajesh Agarwal, Managing Director, said, “Second quarter of the fiscal year had a varied experience for the agriculture and agrochemicals sector, the quarter was marked with normal monsoon on an average, resulting in adequate soil moisture and improving agricultural activity on...Read more

AGEL posts 23% increased YoY Sale of Energy for H1 FY21

Adani Green Energy Ltd, a part of the Adani Group, announced the financial results for the quarter and half year ended September 30, 2020. Sale of Energy for H1 FY21 increased by 23 per cent Year on Year (YoY) on the back of capacity addition of 630 MW, consistent Solar CUF and improved Wind CUF. Solar CUF has re...Read more

Suzlon posts revenue of Rs 725 crore for Q2 FY21

India's largest renewable energy solutions provider, Suzlon Group has announced its second quarter results for the financial year 2020-21 (Q2 FY21). The company's Q2 FY21 consolidated numbers indicate Revenue of  Rs 725 crore, with  EBITDA  at Rs 112 crore, EBIT at Rs 43 crore and PAT at Rs 670 cror...Read more

Godrej Agrovet Ltd reports excellent half-yearly performance

Godrej Agrovet Limited has, on November 4, 2020, reported its financial performance for the second quarter and half year ended September 30, 2020, of the financial year 2020-21. For the second quarter ended September 30, 2020, the company reported consolidated total income and consolidated profit before tax of Rs1...Read more

FACT records profit of Rs 83.07 Cr in half yearly quarter 2020

The Fertilisers and Chemicals Travancore Limited (FACT), a Public Sector Company under the Ministry of Chemicals & Fertilisers, has made a record profit of Rs.83.07 Crore for the quarter ended 30 September 2020.  This is an all-time high operating profit reported in a quarter by the Company.  Profit ...Read more

GSFC posts a rise of 205% in profit Q2 2020  

     The Gujarat State Fertilisers and Chemicals Limited has  posted a net profit of Rs171cr in the second quarter ended September 30 as compared to Rs56cr in the corresponding quarter in the previous year, a rise of 205%. The fertilizer sales volume grew by 10 % in H1FY21 as compared to H1F...Read more

CNH Industrial reports strong growth in Q3 2020

 CNH Industrial reports strong results, with all divisions performing ahead of earlier expectations. Consolidated revenues were $6.5 billion, adjusted net income was $156 million, and positive free cash flow of Industrial Activities was $1.0 billion. At quarter end, available liquidity was $13.2 billion. ...Read more

Rockstart, Navus ventures invests €500K in agritech start-up MoooFarm

Rockstart, a global accelerator-VC has announced that one of its portfolio companies, MoooFarm Agritech startup based in Delhi, raised €500k in pre-seed funding. The round was led by Navus Ventures, a Dutch investment fund, with Rockstart as co-investor. MoooFarm is part of the Rockstart AgriFood 2020 batch a...Read more