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Finance

Post-harvest Agritech Arya posts 125% growth in AUM in Q1 FY 2021- 22

Arya has also expanded its warehousing footprint from 15 Lakh tonnes to 50 Lakh tonnes covering 30 Mn sq. ft.   Arya – India’s largest post-harvest Agritech player, reports a…

Mahindra records the sell 25769 tractors domestic market during July 2021  

Total tractor sales (Domestic + Exports) during July 2021 were at 27229 units, as against 25402 units for the same period last year.         Mahindra & Mahindra Ltd.’s…

Best Agrolife gets 20-years patent for three-way insecticidal combination

The product is estimated to help Best Agrolife achieve revenue grow by 40 per cent Best Agrolife has received a patent valid for 20 years for the three-way insecticidal combination…

Symbiotics, Samunnati Financial launch agri green bond

The proceeds of $4.6 million in local currency equivalent will be fully allocated towards climate-smart agriculture Symbiotics, a leading market access platform for impact investing, with Samunnati Financial Intermediation &…

CNH Industrial registers consolidated revenue of $8.9 Bn in Q2 of 2021

The agriculture adjusted EBIT margin was at 14.7 per cent CNH Industrial, a global leader in capital goods, has posted consolidated revenues of $8.9 billion in Q2 2021 (up 60…

Heritage Foods’ reports consolidated PAT of Rs 303 M in Q1 FY2022

Appoints Srideep Nair Kesavan as Chief Executive Officer Heritage Foods, a leading private dairy player in India, announced its financial results for the first quarter ended on June 30, 2021.…

India’s PLI scheme expected to boost textile industry: Beroe

The scheme is expected to drive the production of textiles in India and find its way to the export markets The Indian government has taken several steps, including introducing the…

Record number of paddy farmers benefitted through MSP

The procurement of paddy at Minimum Support Price is done through the Food Corporation of India (FCI) and state agencies During Kharif Marketing Season (KMS) 2020-21, on MSP procurement of…

Acumen closes $58 M impact fund to support African agri biz

ARAF seeks to build an ecosystem of agribusinesses that improve farmers’ livelihoods and build their resilience to climate change The Acumen Resilient Agriculture Fund (ARAF), a first-of-its-kind equity fund that…

CCI open 450+ Procurement Centres in 12 cotton growing states during 2020-21  

CCI disbursed Rs. 26,700 Crores to around 19 Lakh Cotton Farmers       In cotton season 2019-20 (1.10.2019 to 30.09.2020), Cotton Corporation of India(CCI )opened 423 procurement centre in …

ATUL posts consolidated net profit of Rs 165.94 Cr in Q1FY22

The company has reported a total income of Rs 1109.82 crores during the period ended June 30, 2021 ATUL, an integrated chemical company, has recently posted its (Q1 FY 2021-22)…

Banas Dairy achieves Rs 12,982 Cr turnover in 2020-21

The Gujarat-based dairy has succeeded to generate this revenue in a very short time, proving its strong foothold in the current market Banas Dairy, a lifeline of cattle farmers and…

Incofin’s IPF achieves first close at Rs 450 Cr

The fund will make private equity investments in the agri food value chain and financial services in rural India Incofin IM announced the successful first close of the India Progress…

Amul registers Rs 53000 Cr turnover

The cooperative handled extra 35-40 lakh litres of milk, every day, during the pandemic period Amul cooperative movement has marked its 75th anniversary, by crossing group turnover of Rs 53,000…

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