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Finance

Sumitomo Chemical India posts total income of Rs 668.055 Cr in Q4 FY23

The company has posted net profit / (loss) of Rs. 72.129 crores for the period ended March 31, 2023, as against net profit / (loss) of Rs 90.483 crores for…

Nazara Tech invests in RVCF-backed Agri-Tech platform Freshokartz

Freshokartz will use this funding to grow its newly launched social commerce super App to reach 100k VLEs Freshokartz has announced the launch of India’s pioneering social commerce super app,…

Ayekart Fintech invests in in Nature’s Fresh Express, to expand its retail product portfolio

With this investment, Ayekart will be able to tap into the extensive network of farmers and other stakeholders in the Indian vegetable market. Ayekart Fintech, a leading digital technology platform…

Godrej Agrovet, State Bank of India jointly launches finance offering for Oil Palm farmers

To enable farmers, develop and maintain, their oil palm garden during gestation period of first 5 years. Godrej Agrovet’s Oil Palm Business announced the launch of first-of-its-kind finance offering for…

Ambuja partners with NABARD for watershed initiative in Punjab

The project will also focus on water management for crops and human use through soil and moisture conservation measures Ambuja Foundation has partnered with NABARD to implement the Bari Watershed…

Global specialty minerals company ICL reports $2.1 Bn sales in Q1 FY23

Company’s operating income was $465 million versus $902 million, while adjusted operating income was $480 million versus $880 million in the first quarter of last year. ICL, Israel-based a leading…

BASF India posts Rs 5,280.9 Mn PAT in FY 2022-23

For the quarter ended on March 31, 2023, the Company registered sales of Rs.32,768.9 million, as compared to Rs 33,895.6 million for the corresponding period of the previous year. BASF…

Punjab Govt approves Rs. 4.07 horticulture sector in Sangrur & Malerkotla

Under the National Horticulture Mission Scheme, farmers in the state will be financially supported for horticulture activities Punjab Government has approved Rs. 4.07 crore to enhance the horticulture sector in…

Anupam Rasayan India renews Rs 436 Cr long term contract with a German MNC

The renewal is in accordance with the automatic renewal clause agreed upon by the parties in the long-term agreement. Anupam Rasayan India Limited, one of India’s leading custom synthesis &…

World Bank approves $82 Mn for prevention of Zoonotic, Endemic diseases in India

The new program will help reduce the risks of animal disease outbreaks by improving disease surveillance and veterinary services in the livestock. The World Bank’s Board of Executive Directors approved…

Bayer Crop Science grows outside the glyphosate business in Q1 FY23

The company recorded double-digit percentage gains in the Europe/Middle East/Africa and Asia/Pacific regions, but saw sales fall in Latin and North America, mainly due to lower volumes. The Bayer Group…

UPL posts revenue growth by 4 % YoY to Rs 16,569 Cr in Q4 FY23

FY23 EBITDA grew by 10 per cent YoY to Rs 11,178 crore as against Rs 10,165 crore in FY22.  UPL Ltd. has reported financial results for the fourth quarter of…

SLCM Group onboards 19,000+ women entrepreneurs in agriculture under Kissandhan

Till date, Kissandhan has disbursed loan of more than Rs 2700 Crores and impacted about 6 lakhs plus farmers, Agri traders, Agri Processors, etc. In another major development, SLCM Group…

Syngenta Group records sales at $9.2 Bn in Q1 2023, growth of $0.3 Bn versus prior year

All business units delivered growth except ADAMA which was particularly impacted by lower sales of its non-agricultural businesses in the US and China.  Switzerland based Syngenta Group announced financial results…

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