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Finance

Sharda Cropchem Ltd posts Rs. 4.63 Cr consolidated net profit in Q3 FY2024

The company has reported total income of Rs. 644.6238 crores during the period ended December 31, 2023, as compared to Rs.1020.0410 crores during the period ended December 31, 2022. Agrochemical…

Maersk invests Rs 113 Cr for its new Cold Store facility in Gujarat

Maersk’s new Cold Store facility will offer temperature-controlled storage solutions for perishable frozen processed food items. A.P. Moller–Maersk (Maersk), the global integrated logistics company, broke ground for its upcoming Rs…

Grow Indigo secures $8 Mn investment to drive the future of Sustainable Agriculture

Grow India operates the largest carbon farming platform for smallholder farmers in India. The platform includes four carbon programs across 13 states. Grow Indigo, a leading science enabled sustainable agriculture…

Rallis India Limited reports 3% volume growth in Q3 FY 24

 Company’s Profit After Tax Margin improved by 60 bps under challenging conditions. Rallis India Limited, a TATA Enterprise and a leading player in the Agri inputs industry announced its financial…

CNH invests in ecofriendly bale storage innovator Nature’s Net Wrap

Investment aims to accelerate their mission to eliminate waste from the process of collecting and storing crops. CNH, through its investment arm CNH Ventures, is supporting the scientific development of…

BL Agro inks MoU with Telangana Govt to set up manufacturing unit

Under the MoU, the company plans to invest Rs 500 crores in Telangana and employ 5000 people. Witnessing the potential in the Southern parts of India, BL Agro, India’s fastest-growing…

eFeed bags Rs 25 Lakhs grant from ICAR to empower livestock and dairy industry

The funds will be utilised to further expand the startup’s reach, enabling it to empower more farmers with its innovative technology solutions like Nutrition Calculator. eFeed, a pioneering startup revolutionizing…

Hikal Ltd signs MoU with Gujarat govt for Rs 500 Cr investment in Panoli plant

The investment is expected to create employment opportunities of about 400 jobs. Hikal Ltd and the Government of Gujarat have entered into a Memorandum of Understanding (MoU) as part of…

Adani port’s cargo volumes jump 42% YoY in Dec 2023

Portfolio ports deliver 300 MMT cargo milestone in a record 266 days. In December 2023, Adani Ports and Special Economic Zone Ltd (APSEZ) handled 35.65 MMT of cargo volumes, resulting…

Standard Chartered Bangladesh contributes BDT 29 Mn to uplift 800 apiculture entrepreneurs

The project will focus on enhancing the marketability of honey products by providing access to certification and forward market linkages Standard Chartered Bangladesh and BASA Foundation are collaborating to foster…

TDK Ventures and British International Investment invests in agri-tech innovator Fasal

The company aims to expand and diversify its B2B brand, Fasal Fresh, procuring sustainably grown, fully traceable, and high-quality produce from its extensive network of growers covering 75,000+ acres of Farmland…

NABARD and ADB collaborate for climate resilience in Indian agriculture natural resources

Under this initiative, a Technical Support Unit (TSU) has been set up in NABARD with the partnership of Bill and Melinda Gates Foundation (BMGF). National Bank for Agriculture and Rural…

NewLeaf Symbiotics closes $45M series D round, continues growth trajectory

NewLeaf will accelerate its efforts with PPFM technology and adjacent technologies in the areas of biostimulants/microbial inoculants, biocontrol, nitrogen use efficiency and methane mitigation NewLeaf Symbiotics, a global leader and…

Insurance platform Finhaat raises $3M from Omnivore to drive financial resilience

The startup is building a B2B insurance distribution and servicing platform for institutions working with the underserved, including NBFCs, MFIs, BC networks, Nidhi companies, cooperatives, NGOs, and FPOs. Finhaat, an…

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