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Diversify from agrochemicals, PI Industries pivot to pharma

Date：Sep. 9, 2020 Category：Companies

PI Industries earns the bulk of its revenue from the agrochemical business. However, in the past three to four years, the company began to look at diversifying ...

The illusion of a revival in Indian agricultural sector

Date：Aug. 17, 2020 Category：Markets

Agriculture has stood out, with high growth in the last two years, when most other sectors and the broader economy were slowing down. The sector grew 4% last ye...

CBIC asks Customs officials to check warehouses for hazardous substances

Date：Aug. 7, 2020 Category：Markets

The Central Board of Indirect Taxes and Customs (CBIC) has asked Customs officials to comb through all warehouses to see if any explosive material is stored and...

IIT Kharagpur develops weather forecast system to help Indian farmers

Date：Jul. 20, 2020 Category：Markets

Researchers at IIT Kharagpur have developed an advanced weather forecast system to help farmers in agricultural activities and reduce climatic risks, an officia...

Healthy rains, better crop acreage drive earnings upgrades of India agrochemical firms

Date：Jul. 9, 2020 Category：Markets

Earnings upgrades are rare in a covid-19 ravaged economy. But thanks to better monsoon rains and healthy farm sentiments, agrochemical companies are seeing upwa...

Pesticide ban proposal stirs up a hornets’ nest

Date：Jun. 30, 2020 Category：Markets

On last Thursday, the Association for Sustainable and Holistic Agriculture (ASHA), a farm policy advocacy group, wrote to the secretary at the ministry of chemi...

Agriculture ministry proposal to ban 27 pesticides faces resistance

Date：Jun. 29, 2020 Category：Markets

An agriculture ministry proposal to ban a set of widely used pesticides has kicked up a storm, with the chemicals ministry opposing the ban, and advocacy groups...

Softer input cost, good start to kharif season boost Dhanuka Agritech prospects

Date：Jun. 12, 2020 Category：Markets

Shares of Dhanuka Agritech Ltd were up 2.8% in Thursday's trade after the company reported strong performance for the March quarter and guided for double digit ...

UPL looking to raise $500 million though dollar bond issuance

Date：Jun. 9, 2020 Category：Companies

UPL Limited

Agrochemicals major UPL Ltd is planning to raise $500 million through a dollar bond issuance, which will make it the first Indian private sector firm to tap the...

Locust attack may be beneficial for agrochemical companies in India

Date：May. 28, 2020 Category：Markets

Locust attack in India has triggered concerns over the Indian agriculture sector in the financial year 2021, even as challenges to tackle covid-19 related issue...

Bayer CropScience: Strong Q4, Monsanto India merger drive earnings expectations

Date：May. 27, 2020 Category：Companies

Bayer CropScience Ltda.

Bayer CropScience Ltd impressed the Street with strong performance for the March quarter (Q4). The stock gained 11% in Tuesday afternoon trade, hitting new 52-w...

Market share gains and cost synergies from M&A help UPL in March quarter

Date：May. 26, 2020 Category：Companies

UPL Limited

The UPL Ltd stock has risen about 45% from their 52-week lows in March after the company reassured investors twice in April, first about the state of operations...

Modi's fiscal package silver lining for small, medium businesses

Date：May. 15, 2020 Category：Markets

India's small and medium enterprises (SMEs), which is among the worst-hit sectors amid the covid-19 crisis, hopes that Prime Minister Narendra Modi's ₹20 lakh ...

Rallis India’s tepid fourth quarter underscores the weary effects of virus

Date：May. 13, 2020 Category：Companies

Rallis India Limited

Rallis India Ltd’s weak performance in the March quarter (Q4) did not upset investors much. The stock is more or less flat since its results announcement last ...

Subsidy on potassic, phosphatic fertilizers for FY21 gets govt nod

Date：Apr. 24, 2020 Category：Markets

The Narendra Modi government on Wednesday cleared a ₹22,186 crore subsidy for phosphorous and potassium fertilizers for the current fiscal, an annual exercise ...

UPL, Sharda’s global presence a drawback as virus disrupts trade

Date：Apr. 8, 2020 Category：Markets

UPL and Sharda Cropchem have a direct presence in overseas markets, exposing them to disruptions in demand. Faced with virus disruptions, farm inputs provide...

Opinion | Is the worst really over for India’s agricultural sector?

Date：Mar. 17, 2020 Category：Viewpoint & Interview

For the full year as well, the advance estimates suggest a growth rate of 3.7% for agriculture, as against 0.9% for manufacturing, and 3% for construction. Thes...

Indian Govt to give major boost to MSME sector: Nitin Gadkari

Date：Mar. 11, 2020 Category：Markets

Union minister Nitin Gadkari on Sunday said the Modi government was all set to give a major boost to the micro, small and medium enterprises (MSMEs) in the coun...

Agri services firm Arya raises $6 mln from Omnivore, LGT Lightstone Aspada

Date：Mar. 5, 2020 Category：Companies

Arya Collateral Warehousing Services Pvt Ltd has raised $6 million in a pre-Series B funding round from venture capital firm Omnivore and existing investor LGT ...

Coronavirus could put India Inc in a spot if outbreak prolongs: Crisil

Date：Feb. 26, 2020 Category：Markets

India’s agriculture sector will see a negligible impact as most of the raw material, such as pesticide, for the crop year 2019-20 had taken place by November-D...

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