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Finance

Dhanuka Agritech posts 24.71 % rise in Q4 FY21 net profit   

Net income rose on a consolidated basis by 20.34 per cent to Rs 284.30 crore in the fourth quarter of 2020-21 fiscal from Rs 236.24 crore in the same quarter…

Anupam Rasayan secures orders worth Rs 540 Cr to supply of specialty chemicals  

Company has signed contracts amounting to Rs 540 crore from two renowned multinational companies dealing in the fields of life sciences chemicals   Anupam Rasayan recently announced that the company…

Terviva raises $54 Mn to commercialize culinary oil and plant protein

Terviva expects to close an additional $24M in equity and debt capital this quarter, for a total of $78M in capital to drive its expansion. Terviva, a food and agriculture…

Sonalika extends financial support for employees amid COVID-19

A sum up to Rs 25,000/- shall be paid by Sonalika to cover the medical expenses incurred by dealership employee due to the Covid-19 infection. In order to keep employees…

Praj Industries post Rs 296.29 Cr revenue in Q4 FY21  

Consolidated income from operations stood at Rs. 567.1 crore (Q4 FY20: Rs. 296.29 crore; Q3 FY21: Rs. 347.78 crore)          Pune based Praj Industries (Praj), a globally…

Mahindra supports farmers with ’M-Protect Covid Plan’

M-Protect Covid plan aims to safeguard new Mahindra tractor customers and their families against the eventuality of contracting COVID-19. Mahindra & Mahindra’s Farm Equipment Sector, a part of the USD…

Ajinomoto invests in agri firm SAKA NO TOCHU

Accelerating corporate venture capital activities to create a new business model. Ajinomoto Co., Inc. has recently invested in SAKA NO TOCHU Co., Ltd., which sells agricultural products, as its first…

AGCO to grant $50,000 to support small-scale farmers

Funds to help small farms in North America obtain animal welfare certifications and build local networks The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve…

Gowan purchases entire corporate capital of Piemme

The transaction is the first step in Gowan Company’s plan to purchase all of the shares of Isagro S.p.A. since Piemme S.r.l. is the indirect controlling shareholder of Isagro S.p.A.…

PM to release 8th instalment of financial benefit under PM-KISAN scheme  

This will enable the transfer of more than Rs. 19,000 crores to more than 9.5 crores beneficiary farmer families.   Prime Minister Narendra Modi will release the 8th instalment of…

Bayer CS posts 6.4% sales growth in Q1,2021

Bayer lifted sales in its agricultural business (Crop Science) by 6.4 per cent to 6.646 billion euros, with particularly strong growth in the Latin America and Asia/Pacific regions.    The…

UPL Ltd post 15% rise in revenue in Q4 FY21

Company’s full year profit jumps 62% to Rs 2,872 cr.   UPL Ltd., global provider of sustainable agriculture products and solutions, reported robust financial results for the fourth quarter ended March…

IFFCO Kisan Sanchar sells 1 lakh tonne of cattle feed in FY21  

 Company also considering setting up its own feed manufacturing facilities to meet the rising demand.         Fertiliser major IFFCO’’s arm IFFCO Kisan Sanchar Ltd announced that it…

Space tech will help ensure to improve the productivity and profitability of Indian agriculture: Mark Kahn

Mark Kahn, Managing Partner, Omnivore Omnivore is an impact venture capital firm, based in India, which funds entrepreneurs building the future of agriculture and food systems. Omnivore pioneered agritech investing…

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