India looks to cash in on global wheat void post Ukraine war

While farmers stand to gain from exports amid a bumper harvest, food security campaigners urge caution Russia and Ukraine account for about 25% of the world’s wheat exports. However, Russia’s invasion of Ukraine and the subsequent Western sanctions against Moscow have curtailed their wheat supplies drastically. As a result, many countries which were sourcing wheat … Read more

Ukraine war threatens to cause a global food crisis

The war in Ukraine has delivered a shock to global energy markets. Now the planet is facing a deeper crisis: a shortage of food. A crucial portion of the world’s wheat, corn and barley is trapped in Russia and Ukraine because of the war, while an even larger portion of the world’s fertilizers is stuck … Read more

Ninjacart gets Walmart funds

Ninjacart, a business-to-business marketplace for agricultural produce, said on Monday it has raised $145 million (Rs1,095 crore) in a fresh round of funding from existing investor Walmart Inc. and its Indian e-commerce arm Flipkart. Ninjacart will utilize this capital for technology upgradation and better infrastructure to organize, empower and enhance the lives of agri-value chain … Read more

Kubota decides to buy fresh into Escorts. Promoters stay back.

There was a rumour few months back that Kubota will buyout Nanda family. What has instead happened is that Kubota has decided to invest fresh and become a joint promoter with Nandas. Key points to note – Kubota is investing Rs 1,873 crore into Escorts at a price of Rs 2,000/ share. As per regulations, … Read more

Avanti Feeds looking exciting

Avanti Feeds has been a significant under performer for last 4 years. The stock from a high of about Rs 1400 in November 2017 is currently trading at Rs 570 per share. Main reasons for this underperformance – Correction post euphoria of 2016-2017 wherein the stock had quickly multiplied by 6x within 1 year. Covid … Read more