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Monsanto India News
Monsanto shares rise over 4% as Bayer makes open offer to buy 26% stake
Wed, Sep 21, 2016
As per the filing, DSP Merrill Lynch and Credit Suisse Securities Private Limited are the manager to the open offer.
Monsanto India shares trade 1% higher in pre-open
Thu, Sep 15, 2016
Monsanto said that Bayer has agreed to pay $66 billion to buy the company. The transaction comes to $128 per share, or 44% premium.
Monsato India shares fall 2.37% on withdrawal of GM cotton seed application
Thu, Aug 25, 2016
Monsanto India shares have plunged by neary Rs 58 or 2.37% to Rs 2379, after the company pulls new GM cotton seed from India. After the announcement, the stock took a beating from investor so much so it is trading below Rs 2400-mark.
Monsanto withdraws application for new GM cotton seed from India in protest
Wed, Aug 24, 2016
The company is also at loggerheads with India over how much it can charge for its genetically modified cotton seeds, costing it tens of millions of dollars in lost revenue every year.
Govt backtracks on BT Cotton royalty fee; did Monsanto's 'quit India' threat work?
Tue, May 24, 2016
The Prime Minister Modi-led government has withdrawn the May 18 notification that capped the royalty fee for new genetically modified (GM) seed technology to 10% for the first five years.