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Finance

PM releases 9th instalment of PM-KISAN

The PM talked of the sowing season and expressed the hope that the amount received will help the farmers The Prime Minister (PM), Narendra Modi released the next instalment of…

BASF India registers Rs 2,484.4 M in profit in Q1 FY 2021-22

Registered sales of Rs 30,129.2 million BASF India has registered sales of Rs 30,129.2 million for the first quarter ended June 30, 2021, as compared to Rs 17,864.9 million in…

Corteva announces $1.5B share repurchase prog

The authorised programme is in addition to $1 billion programme announced in 2019, which the company expects to complete by the end of 2021 Corteva has announced that its Board…

Bayer Crop Science posts 10.6% rise in sales in Q2 FY2021  

The Company registered double-digit percentage gains in Latin America and Asia/Pacific as well as significant growth in North America after adjusting for currency and portfolio effects      The Bayer…

FMC Corp registers revenue of $1.2 BN in Q2 of 2021

The second-quarter adjusted EBITDA was $347 million FMC Corporation in the second quarter of 2021 has posted a revenue of $1.2 billion, an increase of 8 per cent versus second…

CropIn raises $20 M of primary capital on Series C funding

Several early investors and employees who sold their stocks realised nearly 70X returns on their investment In the recently concluded Series C funding, agritech startup CropIn has raised $20 million…

Bayer Fund kickoffs 2022 America’s Farmers Grow Communities prog

By 2022, Bayer Fund will double the individual donations to $5,000, up from $2,500 in previous years Bayer Fund has recently announced the kickoff of the 2022 America’s Farmers Grow…

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…

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