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Finance

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…

Godrej Agrovet posts consolidated income of Rs.6, 876.2 Cr in FY 2020

For the full year ended March 31, 2020, company reported consolidated total income of Rs.6, 876.2 crore which reflects year-on-year growth of 15.7%.   Godrej Agrovet Limited has reported its…

Ag Ministry allocates Rs 2250 Cr to boost horticulture sector    

Mission for Integrated Development of Horticulture’ (MIDH) covering fruits, vegetables, root and tuber crops, mushrooms, spices, flowers, aromatic plants, coconut, cashew and cocoa.     Keeping in view the huge…

CNH Industrial’s Q1 FY 2021 net income hits $425 Mn

Net sales of Industrial Activities of $7,043 million, up 41 per cent due to higher volumes, were driven by strong industry demand, particularly in Agriculture and Commercial and Specialty Vehicles…

Corteva posts 6% rise in net sales for Q1 2021

New product sales in Crop Protection increased more than $120 million compared to prior year. Corteva, Inc. has reported financial results for the three months ended March 31, 2021. Ongoing…

Precision AI raises $20 Mn to cut herbicide use

The Seed round was co-led by At One Ventures, and the Industrial Innovation Venture Fund of BDC Capital, with participation from Fulcrum Global Capital and Golden Opportunities Fund. Precision AI,…

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