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Finance

Origin Agritech estimate revenue growth of 30-40% in the First Half of FY 2024

Company completed trials of two new hybrids and four GMO corn hybrids currently in national trials. Origin Agritech Ltd., a leading Chinese agricultural technology company, provided an update on its…

DCM Shriram secures Rs 100 Cr Sustainable Finance Facility from Standard Chartered Bank, India

Funding will be used for company’s upcoming 12 TPD Compressed Biogas (CBG) Plant at Ajbapur Sugar Unit in the state of U.P. DCM Shriram Ltd, a leading conglomerate with diverse…

Syngenta AG posts $19,196 Mn consolidated sales in FY 2023

Sales were impacted by softer demand due to high levels of channel inventory remaining from 2022. Syngenta AG, a wholly owned subsidiary of Syngenta Group, published its 2023 full year…

ADAMA posts 13 % drop in sales to $1,136 Mn in Q4 2023

Sales in India declined over the full year period following high channel inventory, creating pressure on pricing in the market. ADAMA Ltd. reported its financial results for the fourth quarter…

Best Agrolife acquires Sudarshan Farm Chemicals India Pvt Ltd

The acquisition, finalised through a 100 per cent stake purchase with cash consideration, amounts to an estimated enterprise value of Rs 139 Crores. Best Agrolife Ltd (BAL), a prominent player…

Mahindra’s Farm Equipment sector sells 24276 units in India during March 2024

Company sold 1748 tractors in the exports market, registering a growth of 26 per cent over last year. Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra…

UPL Corp leads US$1.75 Mn investment in biological ag-tech innovators

SOLASTA Bio and Impetus Ag announced as winners of the Radicle Natural Plant Protection (NPP) Challenge by UPL. UPL Corporation Ltd. (UPL Corp), a global provider of holistic and sustainable…

ADAMA reports 13% drop in sales to $1,136 Mn in Q4 2023

In the Pacific region, sales in the full year and fourth quarter were impacted by high channel inventories and pricing pressure, combined with just in time purchasing patterns. Israel based…

APSEZ inks agreement to acquire Gopalpur Port Limited for expansion

The acquisition is made at an enterprise value of Rs 3,080 crores and company will purchase the 56 per cent stake of the SP Group and 39 per cent of…

Mother Dairy plans to invest Rs 750 Cr to set up processing plants for milk and F&V

The major investment includes a new dairy plant in Nagpur, Maharashtra, with an estimated investment of Rs 525 crore. Mother Dairy has announced that company plans to invest Rs 650…

Arya.ag and Shivalik Bank partner to empower farmers with 200 Cr in Commodity Financing

Paving the way for enhanced financial inclusion through technological innovation and robust banking frameworks. Arya.ag, India’s only profitable integrated grain commerce platform, has partnered with Shivalik Small Finance Bank to…

GCF backs Avaana Capital major investment boost for India’s sustainable future

With a total value of USD 120 million, including a substantial USD 24.5 million investment from GCF, this initiative marks a significant stride towards fostering climate innovation and sustainability in…

Bayer CropScience reports significant decline in sales

This decline was mainly attributable to significantly lower prices for glyphosate-based products due to reduced prices for generics. The Bayer Group achieved its adjusted guidance for 2023. In his speech…

Sustainable energy-tech startup Urja Sathi raises Rs 3.5 Mn Seed funding

Funding will utilise for team building, customer support enhancement, and also to enhance marketing, branding and visibility amongst its potential B2B and B2C audiences. Lucknow-based Urja Sathi, a pioneering, one-stop…

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