US major Monsanto Company plans to hike its stake in the Indian arm by buying back 328,000 equity shares to 75 per cent at a maximum price of Rs 575 per share.
Even as the country awaits the final word on genetically modified brinjal, seed company Monsanto is moving ahead with new products.
Such a drastic intervention overrides existing private bilateral commercial contracts
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
Monsanto has taken the government to court over the royalty.
'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'
'What the US appears to be doing is to force India to be "the buyer of last resort", on whom their products can be dumped, 1.4 billion people have to eat something, so why not eat American corn?' 'What is exercising the Trump lot is the fact that most of the farms are in solidly Republican Midwestern states: Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin,' points out Rajeev Srinivasan.
The Union government on Friday made it clear before the Supreme Court that it is not contemplating filing objections before the European Patent Office to question grant of patent on a variety of wheat to the Monsanto.
An independent scientific analysis released by Greenpeace India has revealed major flaws in the Genetically Modified corn's biosafety assessment process.
Companies featuring in the Next 500 list are mostly mid-sized and termed as the 'small wonders' by the magazine.
The environment ministry is likely to allow generic modification of food crops.
The Delhi metropolitan area has one of the highest concentrations of population in the world, and suffocating the people of the area on an annual basis should be treated as a crime against humanity, especially when the cause for such suffocation can be controlled, says Arvind Kumar.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
'I will be happy if walls are built between India and China!' 'We are going to nooks and corners of the country to make ordinary people realise the need to buy Indian goods so that our workers get jobs.'
'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'
The 50-share NSE Nifty was trading lower by 24 points.
The whitefly outbreak has intensified a debate over GM crops just as Prime Minister Narendra Modi's office reviews a proposal to allow farmers to grow GM mustard.
The government said on Friday that it had rejected a plea by a Mumbai-based company to produce a genetically modified cotton hybrid as it was not resistant to cotton leaf curl virus.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
Bacillus Thuringiensis Brinjal, popularly known as Bt brinjal, is at the centre of a major controversy in India. Bt brinjal, a genetically modified strain created by India's number one seeds company Mahyco in collaboration with American multinational Monsanto, claims to improve yields and help the agriculture sector.
India, which wants to double its coal output by 2020, in February raised the tax on mining coal to $6 per tonne from $1 in a bid to make it more expensive to consume the dirty fuel
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
By embargoing Bt brinjal, Environment Minister Jairam Ramesh may have done a greater service to democracy than he intended, says Praful Bidwai.
The Indian national football team thrashed Portuguese third division side Desportivo Monsanto 6-2 in their second practice match in Vieria de Leiria, on the two-month training tour of the Iberian country.
Unilever's shadow on HUL has been lengthening for some time. One indication recently was the change of name from Hindustan Lever, the identity that had been established in the country for half a century.
That garden stone, handmade carpet or embroidered T-shirt you just bought was probably made by child labor.
Efforts by Indian activists to challenge the Biotechnology Regulatory Authority Bill, now pending in Parliament, may get a boost from a controversy that has broken out in the US
A goalless draw with GDR Monsanto enabled the Indians round off their tour of Portugal on an unbeaten note.
Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
India is capable of developing GM crops, Randy Hautea, global coordinator for International Service for the Acquisition of Agri-Biotech Applications, tells Kanika Datta.
A large number of rich farmers, who earn more than salaried employees in the cities, get away with paying no tax at all in view of the government's lack of will to consider an agricultural income tax
The decision marks first successful policy intervention.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
It is regrettable that the IB has tried to devalue the expertise available both within the concerned ministry and in the scientific community by its allegations. Governments and NGOs in many western nations have not been accused of being 'anti-national' when they put their foot down on questionable practices by cash rich agri-business companies, says Rashme Sehgal.
Financial advisors say, not to get carried away by stocks that promise high returns in short time.
'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'
If Jatin Singh is right in the long run and his morphed business can help reduce farmer distress, Skymet will provide a service of far more value from where it began
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