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Finance

Mahindra sells 26130 tractors in domestic market in April 2021  

Total tractor sales (Domestic + Exports) during April 2021 were at 27523 units, as against 4772 units for the same period last year        Mahindra & Mahindra Ltd.’s…

Coromandel International posts weak performance in Q4 FY21

Lower Fertilizer margin , higher RM cost and maintenance shutdowns drags down overall performance      Coromandel International (CRIN) reported a weak performance on the back of margin contraction in…

Centre continues old price of FCI rice for ethanol production

For FY 2021-22, Government has decided to continue the price of FCI rice to Rs 2000/quintal for the production of ethanol. With a view to supporting the sugar sector and…

Post-harvest start up Arya disburse Rs 280 Cr loans in FY 21

From Rs. 27 Crores in March’19, the company has seen a jump of 640 per cent till date.    Arya, India’s leading post-harvest Agritech player through its digital financial solutions…

ADAMA posts 14% rise in sales of Q1 2021  

Sales grew by 14% to a Q1 record-high of $1,109 million, driven by continued robust 15% volume growth  ADAMA Ltd. reported its financial results for the first quarter ended March…

Syngenta Group reports strong growth in Q1 2021  

Sales of first quarter of 2021 were $7.1 billion, up 20 percent compared to Q1 2020.   Syngenta Group Co., Ltd.  has reported strong results for the first quarter of…

Agri- Infra fund applications cross the Rs. 8,000 Cr mark in the country

AIF has brought farmers & agribusinesses together with newer partnership models emerging for the creation of distributed infra near farm-gate in a hub & spoke model.  Agriculture Infrastructure Fund has…

Rallis India’s Q4 consolidated PAT soars to Rs 8.12 Cr

Rallis India’s consolidated PAT during 2020-21 grew by 24 per cent to Rs 228.58 crore as compared to Rs 183.69 crore in the previous fiscal.    Rallis India, a subsidiary…

Netafim-backed NAFA secures USD 50 Mn via Equity and ECB  

The raised funds will be utilized effectively for business expansion, enhanced offerings, and to expand horizons in the agri-rural domain.       Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA),…

Bushel secures $47 Mn in Series C funding round

This funding accelerates deployment of new offerings and embedded capabilities throughout the food and ag value chain Bushel, an independently owned software company and leading provider of software technology solutions…

AFC India appoints MM Activ MD Ravindra Boratkar as Addl Director

His other positions include President of Maharashtra Economic Development Council (MEDC), Director, Cian Agriculture and Infrastructure Ltd, Chairperson, PURTI Cooperative and Founder Member, Indian Federation of Green Energy. Ravindra Boratkar,…

Centre transfers Rs 202.69 Cr to Punjab farmers for Rabi crops

Till 18th April 2021, about Rs 202.69 crore in Punjab and about Rs 1417 crore in Haryana has been transferred directly into farmers’ account. For the first time, farmers of…

ADAMA expects record-high first quarter sales with 13% projected growth

The company is expecting to record strong growth in Asia Pacific, both in China and beyond. ADAMA Ltd. has provided an estimate regarding its financial performance for the first quarter…

NCDC secures Rs 600 Cr loan from Deustsche Bank  

FPOs would be able to access easier credit and market through the NCDC agreements with ICC and Deutsche Bank   The National Cooperative Development Corporation (NCDC) has secured Rs 600…

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