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Monsanto: Sowing seeds for growth

Dec 10, 2003

Monsanto India is a 74% subsidiary of Monsanto Company, USA, a global leader in agricultural solutions. Monsanto India is engaged in the business of production and sale of agricultural inputs, i.e., chemicals and hybrid seeds.

Bayer India: Crop science focus

Dec 9, 2003

Bayer India is a subsidiary of German pharma and crop science major, Bayer AG. Bayer India too, is a major player in the crop protection business.

United Phosphorus: A run down

Dec 5, 2003

United Phosphorus (UPL) is India 's largest producer of crop protection products like fumigants, fungicides, insecticides, rodenticides and herbicides. It is the world's fourth largest generic agrochemical company and the largest producer of Aluminium Phosphide and Napropamide.

"The adoption of transgenic seeds as a concept will take a long time to get established."

Feb 10, 2001

In an interview with equitymaster.com, Mr. Shroff spoke on the current agricultural scenario, elaborated on the company's efforts to tap the international markets and explained the impact of the introduction of transgenic seeds on agriculture in India.

Genetically modified cotton comes to India

May 9, 2000

The genetically engineered cotton seed developed by Monsanto has been given a ‘biosafety clearance’ by the Indian government. This paves the way for the cultivation and marketing of transgenic cotton in the country.

Indian agro–chemical cos: a drought post 2005?

May 2, 2000

The effect of the introduction of a product patent regime and its impact on the Indian pharmaceutical sector has been endlessly debated. However, another set of companies that would be equally, if not more affected, would be the Indian agro–chemical companies including United Phosphorous, Excel Industries, Rallis and Transpek Industries.

Infosys bags Avici Systems order

Mar 7, 2000

Close on the heels of the order from retail chain Sainburys, Infosys Technologies has bagged a contract from Avici Systems to enhance and support the development of its IPriori communication software.

Hughes ties up with Teles for marketing

Feb 15, 2000

Hughes Software (HSS) has tied up with the $ 200 m Teles AG of Germany for its software switches used in the area of intelligent networking. The tie up is expected to generate revenues of more than $ 5 m (Rs 220 m).

Swil Ltd reports a net loss

Feb 1, 2000

SWIL has reported a net loss of Rs 20.8 m for the 3QFY2000. The main reasons for this decline are a growth in sales of only 6% while expenses soared 12%. Also interest costs and depreciation went up .

Rallis India Ltd reports disappointing results

Feb 1, 2000

Rallis India net down 97% to Rs 2.8 m for the 3QFY2000. Inspite of a growth of 20% in sales, the profits fell as the industry faced problems. There was high dealer credit in the face of adverse market conditions and a loss in the business of imported fertilisers due to changes in the subsidy policy which has affected DAP/MOP imports.

Margins under pressure at United Phosphorus

Jan 31, 2000

Both operating and net margins are under pressure at United Phosphorus with sales almost stagnant during the third quarter as against the corresponding quarter last year.

Reduction in interest/depreciation save Chemplast's net margins

Jan 28, 2000

The increase in the net margin of Chemplast Sanmar is on the back of a reduced interest and depreciation costs. While the topline has dropped by over 21%, the net profits have dropped by over 14%.

Investment income buoys Tata Chem profits

Jan 22, 2000

Profit on the sale of shares of Rs 790 m contributed to Tata Chemicals tripling profits in the third quarter of the current year as compared to the third quarter of last year. If one were to exclude that the pre-tax profit has grown by a mere 3.3%. The company has mentioned that while the sales and the profits in the fertiliser division were higher vis-a-vis the last year, profitability in the chemical division was substantially lower due to import parity pricing of soda ash even though soda ash

Cash rich Hughes eyes acquisitions

Jan 19, 2000

Hughes Software Systems (HSS) has mandated Pricewaterhouse Coopers and Kotak Mahindra to shortlist Indian companies for acquisitions which are to be completed within a period of 12 months.

Venture Capital Funding set to get a big boost with SEBI relaxing norms

Jan 14, 2000

The dot.com industry is set to hit the initial public offering market with the Securities Exchange Board of India (SEBI) exempting venture capital (VC)-funded companies from the requirement of a three-year track record of profitability.

Polaris turnover up 121% on back of US operations merger

Jan 12, 2000

Polaris Software has registered an impressive turnover growth of 121% for the third quarter ended December 1999. However, this includes the turnover of the USA operations that have been included in the current quarter as branch operations. On a comparable basis the turnover has jumped 93%.

Polaris in alliance talks for banking software products

Jan 8, 2000

Polaris Software is in talks with an international software group for a strategic alliance. The proposed alliance would jointly work on developing new products in the banking domain. It would be Polaris, which would hold the intellectual property rights for the international version of the products.

Infosys seeks blanket nod for overseas acquisitions

Jan 8, 2000

Infosys has become the first company to seek blanket permission from the government for overseas acquisitions under the new norms for software companies.

Leading Edge...ECapital merger (Analyst Meet)

Dec 30, 1999

Suresh Rajpal President and CEO ECapital made a presentation on the thesis of the merger of ECapital with Leading Edge Systems (LES)

After EC Cubed it’s Sportsline.Com for Infosys

Dec 21, 1999

Infosys announced an alliance with Sportsline.com to help develop a reliable, secure and complete e-commerce solutions for all websites in SportsLine’s stable.


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