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Archive for the 'Agri-Business' Category

FCI Food Grains Trucks in Bihar Get GPS Systems

FCI Food Corp India Logo

In order to prevent any spoilage of grains, food grains carrying trucks in 12 Districts of Bihar running from FCI Godowns to state storage have been installed with the GPS system. Sunil Kumar Pintu, the Food In- charge Minister, in reply to a question asked by Sanjay Sarawgi, one of BJP’s leaders, said that Rohtas, […]

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Net Profit rises 20 per cent for Chambal Fertilisers at Rs 109 cr

Chambal Fertilisers Logo

For the quarter that had ended September 30, among the companies that noted an increase in net profit is Chambal Feritlisers and Chemicals. The company was able to post a 20 per cent increase in net profit at Rs 109.53. According to the company, they were able to generate a net profit of Rs 91.65 […]

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Organic India aiming for Rs 200 turnover in the next 3-4 years

Organic India Logo

The Managing Director and Global CEO of Organic India told reporters that their company is eyeing for an increase in revenue by 2015-16 which would reach Rs 200. This is due to the rapid expansion and awareness of organic products in the market. The company also has some plans on launching organic grocery items such […]

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ITC’s e-choupal boosting its FMCG business

ITC Logo

With the declaration if ITC that they will have  a cut on its non-cigarette portfolio of personal care products and packaged foods by 35 per cent in  the fiscal 2012, they are aiming for faster breakeven. This tobacco giant company would surely be a good agri-business firm provided that it would be successful in making […]

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Bihar Produces 22.4 Tonnes Of Paddy Per Hectare; Breaks China’s Record

A Paddy Field

A gram panchayat of Nalanda district of Bihar has recorded the highest production of paddy this year. This district broke the record of China, Union agriculture minister Sharad Pawar reported this on Tuesday. “According to the data received from the Bihar State Government, Nalanda produced 22.4 tons of wet paddy per hectare and 20.16 hectare […]

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Budget 2012-13: Urea & Fertilisers Price To Go Up

RCF Logo Rashtriya Chemical & Fertilisers

The fertilizing companies are hoping to urea get costly in the financial budget. They also expect that, subsidy allocations for the fertilizers announced in the budget are good indicators of realizations and profitability of the farmers. About 50% of the phosphate fertilizer producers and 55% for urea coming in through the government’s subsidy reimbursement, it […]

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Cotton Exports To Be Banned?

CCI Logo Cotton Corp. of India

The Center on Monday banned with the immediate effect exports of cotton raw cotton, catching shippers, industry and growers by surprise. In a notification issued in the morning, the Directorate General of Foreign Trade said that, the certificates has been issued on the basis of cotton export will not be allowed. The ban has been […]

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India’s 2011-12 Wheat Production Expected To Be The Best Till Date

Sharad Pawar

India’s Ariculture Minister, Sharad Pawar announced on Friday that, the production of wheat in the current fiscal 2011-12 has crossed the limit of 88. 31 million tons due to the favorable conditions this year. For this bumper production of wheat, the local farmers and traders are highly overwhelmed. And this year the international prices have […]

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