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Finance

SHAKE Climate Change Fund announces its first investment ventures

SHAKE funds and trains entrepreneurs and start-ups with innovative solutions to tackle climate change linked to the agri-food sector   The £3.5 m SHAKE Climate Change Programme has announced its…

Union Agri Min to create 10,000 FPOs to transform rural sector

To benefit small, marginal and landless farmers To strengthen the rural economy consisting of 86 percent small and marginal farmers, Union Agriculture & Farmers’ Welfare Minister, Narendra Singh Tomar has…

Sharda Cropchem reports 34.10% rise in net profit in Q4 FY20  

The sales of the company rise 14.71% to Rs 875.56 crore in March 2020.         Net profit of Sharda Cropchem rose 34.10% to Rs 141.65 crore in…

Zuari Agro posts net loss of Rs 304.60cr in Q4 FY20

 Morocco based OCP Group to invest $46.5M in Zuari Farmhub Limited The fertilizer company Zuari Agro Chemicals traded on a negative note during Monday’s trading session after the company announced…

Gujarat State Fertilizer reports a decline of 37 % in Q4 profit

In 2019-20, the company’s PAT declined by 77.76 per cent to Rs 109.65 crore as compared to Rs 493.13 crore in FY19.   Gujarat State Fertilizer and Chemicals (GSFC) posted…

RCF records sales value of Rs 100 cr during April-May 2020

Industrial chemical segment accounts for nearly 7% of the annual sales reported by the company in FY20.   Rashtriya Chemicals and Fertilizers (RCF) registered sales of Rs100cr for its industrial…

Fertiliser Association of India urges the Govt to release the pending subsidy payments  

Govt is yet to release fertilizer subsidy dues of ₹48,000 crores in FY 20- 21      Although the arrival of southwest monsoon has makes the farm sector looks rosy,…

Jai Kisan raises Rs 30 crore in Pre-Series A funding

Focuses on strategic recruitment, process management Mumbai-based fintech platform Jai Kisan, which caters to the financial needs of customers in rural emerging markets has raised Rs 30 crore in a…

Agri-tech startup Agro2o secures funding from Mumbai Angels Network  

 It would help the company in supporting its vision of offering healthy and sustainable solutions.   Agri-tech startup Concinnity Agro2o Pvt. Ltd, based in New Delhi, has raised funding from…

Yamaha Motor Ventures invests A$11 million into agritech AI start-up Yield  

Funding will be used for product development and to accelerate The Yield’s global patent strategy in targeted jurisdictions    Artificial intelligence (AI) startup, The Yield, looks set for rapid growth…

Dhanuka Agritech reports 45.80% growth in PAT at Rs 39 crore in Q4  

The firm’s PAT stood at Rs 26.75 crore during the last quarter of 2018-19.  Agro chemicals company Dhanuka Agritech on Wednesday reported a 45.80 per cent growth in profit after…

Agritech WayCool Foods receives $5.5 Mn debt financing from IndusIand Bank  

Funds will be used to invest in technology and expand food distribution business in South India     U.S. International Development Finance Corporation (DFC) has extended a 100% guarantee to WayCool…

RCF posts an increase of 193.54% in Q4 2019-20 profit

RCF tripled its standalone profit after tax in the March quarter to Rs.142.28 crores from Rs.48.47 crores in previous year       Despite the current COVID19 situation Rashtriya Chemicals…

PI Industries reports 12% fall in Q4 net profit

The consolidated annual income rose to RS 3,415.4 crore from Rs 2,900.4 crore in the 2018-19 fiscal.  The consolidated annual income rose to RS 3,415.4 crore from Rs 2,900.4 crore…

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