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Finance

Arya ties up with Canara Bank to establish effective market linkage  

It aims to extend finance to farmers, FPOs, processors, and various depositors stocking their agri-produce in warehouses     Arya, India’s leading post-harvest Agritech Company entered into a strategic partnership…

Bayer Crop Science registers higher sales in Latin America and Asia in 2020  

Sales growth was particularly strong at Fungicides – 8.5 % and Environmental Science – 11.5 %,   In the agricultural business (Crop Science), Bayer increased sales by 1.3 percent (Fx &…

Agri-tech startup Unnati launches Paytm-powered digitally integrated card for farmers

The card will enable farmers to access a larger market to obtain their farm inputs.  Unnati, a tech-driven agri input and agri produce selling start-up, has launched a first-of-its-kind digitally…

RCF hands over highest dividend amount to Chemicals & Fertilizers Ministry for FY 2019-20

Ministry  receives highest ever dividend of 28.4% for the FY 2019-20 amounting to Rs. 117.51 crore from Rashtriya Chemicals & Fertilizers Limited.    Union Minister of Chemicals & Fertilizers receives…

Chemicals and Petrochemicals industry welcome ’growth-oriented’ Budget 2021

The roll-out of the PLI schemes for key end-use sectors will boost petrochemical consumption in the country The Chemical and Petrochemical industry has been demanding since long back for a…

BASF launches e3 Sustainable Cotton Grower Fund

Funds will be distributed equally to e3 sustainable cotton farmers, which is in addition to a $2.50 per bale premium BASF provides to farmers enrolled in the program.   BASF…

Bayer CropScience posts Rs 9,182 Mn Q3 FY 20-21 revenue

Bayer CropScience earned revenue from operations of ₹9,182 million, as compared to ₹8,540 million in the corresponding period of FY 2019-20 Bayer CropScience Limited has announced its unaudited results for…

TenderCuts secures Rs 110 Cr to scale up supply chain  

Company will invest in scaling up its supply chain and technology infrastructure to support innovation and accessibility of its products and services Chennai based Omnichannel meat and seafood brand TenderCuts…

CNH Industrial’s Q4 2020 consolidated revenues up 10 per cent

Adjusted EBIT of Industrial Activities increased $219 million, with stronger performance from all segments compared to Q4 2019. CNH Industrial reports strong results for Q4 2020. Consolidated revenues of $8.5…

DFPCL performance soars in 9 months despite COVID-19 challenges  

DFPCL has registered a remarkable growth in EBITDA of 100% y-o-y and PAT of over 190% y-o-y for the quarter.    Deepak Fertilisers & Petrochemicals announced the financial results for…

Godrej Agrovet Q3 FY21 profit up by 28.4%

For the third quarter ended December 31, 2020, company reported consolidated total income* and consolidated profit before tax* of Rs.1, 536crore and Rs.87crore, respectively. Godrej Agrovet Limited has reported its…

Gramcover launches ’Parametric’ Weather Shield insurance for farmers 

The company tracks different parameters like high temperature, low temperature, high relative humidity, low relative humidity, high rainfall, low rainfall and high wind speed.   Solving for the century-old problem,…

Coromandel International posts 26% Q3 FY 20-21 net profit gain  

Farm connect initiatives, increased operational efficiencies, smart sourcing and better working capital management contributes in growth    Agribusiness major Coromandel International has posted a consolidated net profit of ₹334 crore…

Mahindra & Mahindra registers 50% growth in Jan tractor sales

Domestic sales in January 2021 were at 33,562 units, as against 22,329 units during January 2020 Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19.4…

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