Media Monitor
Competition
Mahindra & Mahindra’s quarterly revenue likely to jump 26% but tractors may dent marginedit
CNBC TV18 – Online
Auto major Mahindra & Mahindra (M&M) will likely report a 34 percent year-on-year increase in net profit to Rs 1,074 crore for the January-March period, according to analysts polled by CNBC-TV18. They expect the company to clock strong growth in revenue but its margin will likely be under pressure, rendering the earnings a mixed bag. M&M is scheduled to post its quarterly results on Saturday, May 28. The company had reported an adjusted profit of Rs 1,002 crore for the corresponding period a year ago, on account of an extraordinary loss of Rs 839 crore. Analysts polled by CNBC-TV18 estimate M&M’s revenue growth at 26 percent on year to Rs 16,795 crore for the quarter ...
Technology in Agriculture
India Moving Closer Towards Using Drones In Agricultureedit
Orissa Diary – Online
IoTechWorld Avigation,the only DGCA approved drone manufacturer company in India,with a manufacturing capacity of around 1000 drones per month for agriculture has introduced India’s first agriculture drone service application “AGRINET” at the Drone Mahotsav-2022 event in Pragati Maidan, New Delhi. The event was inaugurated by Shri Narendra Modi-Honourable Prime Minister of India. “AGRINET” the drone service application provides a platform that connects the farmers and drone providers. Through Agrinet, the farmers can hire the drones for agriculture requirements like spraying, register for drone pilot training, get drone-related information etc. On the other hand, Agrinet provides an opportunity fordrone owners to be entrepreneurs. They can register themselves as the service providers here to give the services. ...
Paddy in India
Rabi paddy sale to start from June 3 in Koraputedit
The New Indian Express – Online
The procurement of rabi paddy, which was scheduled to start in Koraput district from Friday, has been deferred by a week by the administration following delay in harvesting process by farmers. The mandis will now be operational from June 3. The administration had decided to begin paddy sale in 65 spots in Jeypore and Koraput sub divisions from May 27. However, there was no sufficient stock available for transaction due to delay in paddy harvesting in several pockets. Sources said after plot-wise scrutiny of paddy cultivation through satellites, the number of farmers who were likely to sell in the mandis came down from 19,371 to 15,000. About 25,000 hectare (ha) land was cultivated ...
Centre assures Punjab of regular coal supply for paddy season: Ministeredit
Business Standard – Online
The Centre has assured Punjab of timely and regular coal supplies for the forthcoming paddy sowing season, power minister Harbhajan Singh said on Friday. The assurance was made during a review meeting co-chaired by Union Minister of Power and Non-Renewable Energy Raj Kumar Singh and Union Minister of Coal Pralhad Joshi with states, including Punjab, earlier in the day through video-conferencing, a Punjab government release said. Underlining Punjab’s requirement for regular coal supplies during the meeting, Harbhajan Singh said he had requested the Centre for ensuring timely and efficient dispatches in view of the coming paddy season. The Punjab minister, while raising the state’s concerns on account of the prevailing coal situation across the country, ...