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Finance

United Nations WPF, Cargill to provide risk management skills to farmers in China

The holistic agriculture risk management project is a three-year pilot initiative The United Nations World Food Programme (WFP) and the global agribusiness company Cargill have jointly launched the Holistic Agriculture…

CNHI to acquire 100% capital stock of Raven Industries

The transaction will be funded with available cash on hand from CNH Industrial. CNH Industrial (CNHI) has entered into an agreement to acquire 100 per cent of the capital stock…

Insecticides(India) Limited registers PAT of Rs 93 Cr in FY2021

EBITDA was at Rs 152 crores showing a decline of 2.3 per cent, in the same quarter Insecticides(India) Limited (IIL), announced its financial results for the fiscal quarter and full-year…

KVIC registers record turnover in FY 2020-21 despite COVID-19 pandemic

The record performance assumes great significance as production activities remained suspended for more than three months during the nationwide lockdown Khadi and Village Industries Commission (KVIC) has recorded its highest-ever…

AMUL Micro ATM payment centre opens in Rajkot

Under the project around 4,000 village milk cooperative societies across Rajkot, Surat, Bharuch and Surendranagar districts were surveyed Anandpara Village Dairy Co-operative Society of Rajkot has installed the first Micro…

Hester Biosciences posts Q4FY21 net profit at Rs 8.86 Cr

Net sales for the Q4FY21 was reported at Rs 63.16 crore Leading animal healthcare company, Hester Biosciences reported a standalone net profit of Rs 8.86 crore for the quarter ended…

Agritech start up Fyllo secures Rs 3 Cr in funding round  

 Funds will be used for expansion to new markets and research and development to support more crops.       Bangalore based agri-tech start up Fyllo, has raised Rs 3…

Sonalika records 8876 tractors sales in May 2021

Sonalika has sold overall 8876 tractors in May’21 with 14.1% overall market share In the month of May 2021, India’s fastest growing tractor brand Sonalika Tractors remained committed towards the…

Egreens sets up Rs 150 million agritech early stage fund

Investments to strengthen value-chain of own food retail brand, VegEase Egreens announced a Rs 150 million fund for early-stage, agri-tech startups in India. Egreens will focus on startups that use…

Kaveri Seeds posts Rs 551 Mn revenue in Q4FY21

The company’s operating loss increase to Rs 124 million in 4QFY21 Agriculture company Kaveri seeds has posted its results for FY21. The revenue increased 11 per cent in FY21 on…

Omnivore appoints Dr Harsh Kumar Bhanwala as Senior Advisor  

Dr Harsh Kumar Bhanwala, former chairman of NABARD, will mentor Omnivore’s portfolio companies and will advise on new investments       Omnivore, India’s leading agritech venture capital firm, is…

BL Agro plans to invest Rs 150 Cr on marketing in FY 2021-22  

One of the fastest growing edible oils and food products company, BL Agro aims at multi-fold increase of its Rs. 2500 crores turnover.     BL Agro Industries Limited, Rs 2500…

Invaio Sciences raises $88.9 Mn to accelerate biological agriculture  

Company to accelerate the expansion of its integrated technology platforms that will solve performance and delivery challenges facing the agriculture industry.  Invaio Sciences, Inc., a Flagship Pioneering company focused on…

Bayer Crop Science posts Rs 61.9 Cr profit in Q4 FY 21

For the full financial year 2020-21, Bayer Crop Science witnessed a 3.91 per cent growth in profit to Rs 493.1 crore as against Rs 474.5 crore in 2019-20.      …

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