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Agribusiness

 FMC Corporation posts revenue of $918 Mn in Q1 FY2024

Asia sales declined 29 per cent (down 28 percent organically), primarily from lower volumes in China due to poor weather. FMC Corporation reported first quarter 2024 revenue of $918 million,…

Agritech startup Eeki plans to invest Rs 700 Cr to enhance its domestic and global presence

Eeki will commence exports of vegetables to international markets including UAE, Singapore and Europe in the next few months. Eeki, a pioneering agritech startup cultivating nutritious vegetables in a sustainable…

Meghmani Organics Ltd reports Rs 418.9793 Cr total income in Q4 FY24

 The company has posted net profit / (loss) of Rs. -17.9631 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. -38.2253 crores for…

Dubai Farms join hands with Bumblebee Food to drive sustainable agricultural practices

By sourcing ingredients exclusively from local farms, Bumblebee Food is contributing to a more productive and eco-friendlier agricultural sector for Dubai. Bumblebee Food, a leading provider of ready-made meal plans…

Magellanic Cloud bags Rs 43 Cr order for Logistics drones

The company aims to capture a 5 per cent share of the USD 6 billion last-mile delivery segment in India, leveraging its first-mover advantage and advanced technology. Magellanic Cloud, a…

Rivulis partners with agri-tech farm Veracruz Almonds in a pioneering trial in Portugal

 The trial will use D5000 CX, Rivulis’ latest revolution in micro-irrigation that is designed to deter root intrusion, copper oxide is blended into each drip emitter. Rivulis has launched a…

UPL posts 94.95% decline in consolidated net profit in Q4 FY24

Company’s revenue from operations declined 15.03 per cent YoY to Rs 14,078 crore in the quarter ended 31 March 2024, primarily due to lower prices in the post-patent market. Agrochemical…

Bayer Cropscience outperforms in a difficult market in Q1FY 24

Sales declined by 3.0 per cent to 7.907 billion euros, mainly due to lower volumes for non-glyphosate-based herbicides and the Fungicides business in Europe/Middle East/Africa. The Bayer Group performed as…

FMC Corporation announces multi-year research agreement with AgroSpheres

The agreement aims to bolster FMC’s position as the market leader in insecticides and AgroSpheres’ speed to market for its ribonucleic acid (RNA) portfolio. FMC Corporation, a leading global agricultural…

Coromandel expands Agtech Footprint with increased shareholding in Ecozen

Coromondel made investment of Rs 24 crores through its wholly owned subsidiary and corporate venture capital arm Dare Ventures Limited. Coromandel International Limited, India’s leading agri solutions company, has announced…

Mahindra & Mahindra and MSDE ink MOU to conduct two pilots under Drone Didi Yojana

Under this MoU, Mahindra and MSDE will conduct two pilots at National Skill Training Institutes (NSTI) at Hyderabad and Noida to skill 500 women in exclusive batches of 20 women…

Hester Biosciences reports Consolidated Revenue growth of 18% at Rs 79.3 Cr

Net Profit of the company for Q4FY24 was up 12 per cent to Rs. 6.40 crore as compared to the net profit of Rs. 5.71 crore in Q4 FY23. Ahmedabad…

Sugar Industry poised to power India’s Green Fuel dreams: ISMA

ISMA proposes a roadmap to a 55 per cent or even 60 per cent ethanol supply contribution, contingent on policy interventions and farmer support.  The drop in Indian cane production…

Syngenta expands its profile in fungicides with ADEPIDYN® technology

ADEPIDYN® technology on track to be first of Syngenta’s crop protection active ingredients to attain billion-dollar annual sales within eight years of commercialisation. Syngenta Group, one of the world’s largest…

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