Page 3 - Pesticides

Online system for product certificates not working well: Pesticide industry

Industry players, however, alleged that the portals-- computerized registration of pesticides (CROP) and plant quarantine information systems (PQIS) are not functioning smoothly

India Pesticides shares jump 16% to close at Rs 343.2 on listing day

It touched a high of Rs 368 and a low of Rs 340 with nearly Rs 980 crore worth of shares changing hands.

India Pesticides initial public offering subscribed 29 times on last day

The initial public offer of India Pesticides Limited was subscribed 29 times on the closing day of the subscription on Friday. The Rs 800-crore IPO received bids for 56,07,11,650 shares against 1,93,10,345 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) category was subscribed 42.95 times, non-institutional investors 51.88 times, and those for Retail Individual Investors(RIIs) 11.30 times. The initial public offer (IPO) comprised a fresh issue of Rs 100 crore and an offer for sale of Rs 700 crore. The offer was in a price range of Rs 290-296 per share. On Tuesday, India Pesticides raised Rs 240 crore from anchor investors. Proceeds from the fresh issue would be used towards funding the working capital requirements and general corporate purposes. India Pesticides is an R&D-focused agrochemical technical company, which has growing formulations business in herbicides, insecticides, and fungicide segments. It also manufactures active pharmaceutical ...

Should you subscribe to India Pesticides IPO? Here's what analysts say

India Pesticides IPO: Analysts have largely assigned 'Subscribe' rating to the issue on the back of positive growth prospects, strong financials and reasonable valuations

Govt to consider bringing down GST on pesticides to 5% from 18%

This is part of efforts to bring parity in taxation on agro-inputs

Industry highlights flaws in Pesticides Management bill, seek more scrutiny

CCFI has claimed that the Pesticides Management Bill 2020 has over a dozen drawbacks and the proposed legislation should be sent to a select committee of Parliament.

IPFT along with NRCSS develop new bio-pesticide to control insects

IPFT in collaboration with ICAR-National Research Center on Seed Spices (NRCSS) hasdeveloped a new bio-pesticide formulation that helps in controlling various insects in seed spice crops

Pesticides Management Bill needs more consultations, say farm experts

The bill, which was introduced in the Rajya Sabha in March this year, seeks to protect the interest of farmers and ensure they get safe and effective pesticides

Haryana govt hires drones for spraying pesticide on locust swarms

The Haryana government is prepared to deal with locust attacks and has hired drones for spraying pesticide if needed, state agriculture minister J P Dalal said

Swarms of locusts reach Gurugram, likely to spare Delhi for now

The crop-destroying swarms first attacked Rajasthan and then spread to Punjab, Gujarat, Maharashtra and Madhya Pradesh

Pesticides makers threatens to move to court over ban on 27 products

They claim the govt acted at the behest of foreign NGOs in imposing the ban

PMFAI opposes govt idea to ban 27 pesticides fearing biz loss of Rs 6K cr

The total market size of Indian pesticides industry is around Rs 40,000 crore, of which around Rs 18,000 crore is domestic sales

Govt fixes minimum percentage of local content in 55 chemical, pesticides

According to the new norm, the minimum local content has been fixed at 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent during 2023-25, an official statement said

Illogical ban

Govt should review its proposal on agro-chem products

Another looming threat

Govt should prepare to protect farms from locust invasion

Inadequate legislation

Pesticides Bill fails to address key issues

Pesticides Management Bill gets Cabinet nod, to be tabled in Parliament

"In 2008 the bill was presented. It was discussed thoroughly in Standing Committee. After taking cue from standing committee recommendations, this new bill has been drafted," Javadekar said.

After a month, locusts attack again in north Gujarat harming standing crops

The problem resurfaced three days ago when locusts again arrived from desert areas of Pakistan and attacked crops in Banaskantha, district agriculture officer P K Patel said.

Onion prices: Govt extends relaxed fumigation norms for imports to Dec 31

Traders who have imported onions without fumigation or having endorsement of such treatment on phytosanitary certificate will be allowed to fumigate in India through an accredited treatment provider

Lethal dose: Farmers dying, still no ban on toxic pesticides in Maharashtra

Pesticides can cause immediate health effects in people who are preparing, mixing or using them