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Finance

UPL’s Advanta Seeds, Bunge to acquire 40% stake in SEEDCORP|HO

This investment will not only expand UPL’s market access in Brazil but also strengthen its product portfolio as SEEDCORP|HO UPL Ltd, a global provider of sustainable agricultural solutions, announced that…

Tomar inaugurates 30 Integrated Pack Houses in Haryana

Haryana plans to set up 500 pack houses to revolutionise horticulture in the state Narendra Singh Tomar, Union Agriculture and Farmers Welfare Minister inaugurated 30 Integrated Pack Houses across the…

BASF India Q2 FY22-23 sales hits Rs 35,819 Mn

Company’s PAT stood at Rs 3,098.6 million in the second half of 2022, as compared to PAT of Rs. 3,346.2 million reported in the corresponding period of the previous year.…

ICL posts net income of $633 Mn in Q3 FY22-23

ICL’s consolidated sales of $2,519 million were up 41 per cent year-over-year versus $1,790 million. Israel-based leading global specialty minerals company, ICL reported its financial results for the third quarter…

WayCool invests in AllFresh to create global Food Supply Chain ‘Keiretsu’ 

To leverage Allfresh’s capabilities, as well as network of apple and citrus growers, and farmers in Himachal Pradesh, Punjab, Maharashtra and Madhya Pradesh Chennai-based WayCool Foods, India’s leading food and agri-tech…

Deepak Fertilisers posts Rs 276 Cr net profit in Q2 FY22-23

Fertilisers segment revenues grow by 47 per cent y-o-y Deepak Fertilisers and Petrochemicals Corporation Limited, one of India’s leading producers of industrial chemicals and fertilisers (DFPCL), announced its results for…

Bayer CropScience reports Rs 14,519 Mn Ops revenue in Q2 FY23

Profit Before Tax stood at Rs 2,290 million, compared to Rs 2,195 million in the corresponding period of the previous financial year  Bayer CropScience Limited announced its unaudited results for…

Cabinet approves per Kilogram rates of Nutrient Based Subsidy for Rabi Season 2023-23

Subsidy approved will be Rs 51,875 Cr The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the proposal of the Department of Fertilisers for per Kilogram rates…

Insecticides (India) Limited posts 31% rise in Q2 FY23

Profit After Tax at Rs 44.83 Crore in Q2 FY23 and Rs 83.14 Crore for H1 FY23 New Delhi-based Insecticides (India) Ltd. (IIL), one of the country’s leading manufacturers of…

Godrej Agrovet Q2 FY23 consolidated income hits Rs 2,454 Cr

H1 FY23 numbers reflect a growth of 19.4 per cent YoY Godrej Agrovet Limited has announced its financial results for the second quarter and half-year that ended September 30, 2022.…

Arya.ag invests $2 Mn in SaaS startup Assert AI

Assert AI to utilise the funds to expand into new markets and develop exclusive products for the agriculture industry.  Arya.ag, India’s largest integrated grain commerce platform, has announced a strategic…

Bayer, Rabo Partnerships and MasterCard unveil formal financial services for 10 Mn smallholder farmers in India

Farm Pass serves over 600,000 farmers in India and two million globally, providing a standard interface for farmers and buyers To economically empower smallholder farmers in rural India, Bayer, Rabo…

Dhanuka Agritech Q2 profit hits Rs 73 Cr

Net profit up by 15.2% YoY The leading agri input company, Dhanuka Agritech Ltd has announced financial results for the second quarter of FY 2022 has posted Rs 73.02 crore…

IFC invests Rs 300 Cr in Crystal Crop Protection to boost farm productivity in India

Investment to help improve access to sustainable, tailor-made agri-solutions benefiting millions of Indian farmers IFC and IFC Emerging Asia Fund (EAF) have made an investment of Rs 300 Cr (approx.US$37Mn)…

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