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26.75% stake buy in Allfresh, UPL strengthen its post-harvest segment

Date：May. 13, 2019 Category：Companies

Agrochemical firm UPL Friday said it has acquired 26.75 per cent stake in Allfresh Supply Management for Rs 9.24 crore in an all-cash deal.

Walmart Foundation to help introduce sustainable irrigation project for India farmer

Date：Mar. 29, 2019 Category：Markets

As many as ten thousand smallholder farmers in Andhra Pradesh will soon get benefit from the introduction of sustainable irrigation products & practices, under ...

Kaveri Seeds launches corn cob drying facility in Telangana

Date：Mar. 20, 2019 Category：Companies

Kaveri Seeds, today announced the commencement of its corn cob drying facility at Molangur - Karimnagar in Telangana.

Tags:Maize

Mumbai HC asks Nuziveedu Seeds to pay Rs 138 cr dues of Mahyco Monsanto Biotech

Date：Mar. 13, 2019 Category：Companies

The Bombay High Court has directed Hyderabad-based Nuziveedu Seeds Ltd (NSL) to deposit Rs 138 crore in the court towards payment of its dues to biotechnology c...

In 1-2 years, UPL expects benefits from Arysta buy to start kicking in

Date：Feb. 6, 2019 Category：Viewpoint & Interview

UPL Limited

UPL has been growing at a CAGR of about 15%, whereas the industry has been growing at about 4-4.5%. Vikram Shroff, Executive Director, Sameer Tandon, Director-I...

Tags:UPL Arysta

BASF India posts Q3 loss of Rs 38.37 crore

Date：Jan. 24, 2019 Category：Companies

BASF India Limited

Agrochemical firm BASF India Wednesday reported a net loss of Rs 38.37 crore for the quarter ended December 2018.

Tags:Sales Performance

FICCI estimates the size of the Indian agrochemical industry to $8.1 billion by 2025

Date：Jan. 14, 2019 Category：Markets

Federation of Indian Chambers of Commerce and Industry (FICCI) estimates the size of the Indian agrochemical industry to double to $8.1 billion by 2025.

PE funds, Godrej & UPL in race for 57.7% in Gharda Chemicals

Date：Jan. 8, 2019 Category：Companies

Global private equity funds KKR & Co and Blackstone Group and two local companies, Godrej Agrovet and American private equity fund TPG Capital backed United Pho...

Tags:Acquisition

UPL offers value proposition with best technology: CEO Jaidev Shroff

Date：Dec. 24, 2018 Category：Companies

Jaidev Shroff, Global CEO, UPL, firmly believes that synergy points from the Arysta deal will flow in the next 23-36 months. He told ETNow that its presence in ...

India:Trade expects new agri policy to give impetus to sector

Date：Dec. 11, 2018 Category：Markets

The new trade policy for agriculture, which aims to double India’s farm exports to more than $60 billion by 2022, will give a fillip to agro trade and industry...

CropIn Technology gets Rs 58 crore in Series-B Round

Date：Nov. 21, 2018 Category：Companies

Agriculture startup CropIn Technology Solutions has raised Rs 58 crore ($8 million) in series-B funding from Chiratae Ventures, formerly known as IDG Ventures I...

India Chemical industry may reach USD 304 billion by FY25

Date：Oct. 8, 2018 Category：Markets

India chemical industry is expected to grow at around 9 per cent per annum to reach USD 304 billion by FY25, from USD 163 billion in FY18, a report said.

India Punjab plans to cut pesticides use in basmati rice

Date：Aug. 31, 2018 Category：Markets

Basmati grown in Punjab this year is likely to witness a major reduction in use of pesticides and fungicides that lead to rejection of export consignments from ...

Tags:Rice

ADIA to back UPL’s $4.3 billion Arysta buy with $1 billion funding

Date：Jul. 10, 2018 Category：Companies

Abu Dhabi Investment Authority (ADIA), the world’s second-largest sovereign wealth fund, is set to invest $1 billion to acquire a 20% stake in UPL Corporation,...

Kaveri Seed sets up Rs 500-crore war chest for acquisitions

Date：May. 24, 2018 Category：Companies

India's largest listed hybrid seed maker Kaveri Seed Company (KSCL), which sealed a compromise deal with global seed giant Monsanto for BT cotton technology, ha...

India: Demand for cotton seeds in Punjab down 20-30% from year ago, say companies

Date：May. 14, 2018 Category：Markets

Cotton season in Punjab is off to a sluggish start, with seed companies reporting low demand for BT cotton seeds, the variety that accounts for most of the cott...

Tags:GM crop Cotton

UPL Q4 profit flat at Rs 736 crore YoY

Date：Apr. 30, 2018 Category：Companies

UPL Limited

UPL on Friday posted 0.67 per cent year-on-year fall in consolidated profit at Rs 736 crore for the quarter ended March 31. It had posted a profit of Rs 741 cro...

Tags:Sales Performance

Syngenta India sells part of seed business to Crystal Crop Protection

Date：Apr. 4, 2018 Category：Companies

India’s Crystal Crop Protection Ltd has bought three seed brands from Swiss agribusiness Syngenta AG, for an undisclosed amount, the agrochemical company said.

Tags:Crystal Crop Protection

India domestic vegetable seeds industry to hit Rs 8,000 crore in 5 years

Date：Mar. 26, 2018 Category：Markets

The domestic vegetable seeds industry is likely to double its size to around Rs 8,000 crore in the next five years driven by growth in adoption of hybrid seeds,...

Tags:Fruits and Vegetables

India Pesticide Management Bill to be finalised in 3 months

Date：Mar. 14, 2018 Category：Markets

India agriculture ministry looks to finalise the Pesticide Management Bill 2017 in the next three months even as almost all stakeholders from industry to farmer...

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