Archer Daniels Midland investor sues firm, CEO, CFO, ex-CFO
CFO Dive
JANUARY 26, 2024
The proposed class action alleges ADM and top executives concealed the true financial picture of the agricultural giant’s nutrition business.
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CFO Dive
JANUARY 26, 2024
The proposed class action alleges ADM and top executives concealed the true financial picture of the agricultural giant’s nutrition business.
Fox Corporate Finance
NOVEMBER 6, 2023
PRESS RELEASE Munich-based Financing Specialist FCF Fox Corporate Finance advises Dutch Agricultural Technology Innovator In Ovo in a pivotal funding round of EUR 40 Million. Munich, November 6, 2023 – FCF Fox Corporate Finance, a. appeared first on FCF Fox Corporate Finance GmbH.
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PYMNTS
APRIL 12, 2019
The company says it is, in essence, enterprise resource planning (ERP) for agriculture. Its goal is to ensure that all of the players in the agriculture value chain — from farmers to produce aggregators and financial institutions — can conduct business in a trusted environment.
Corporate Financial Weekly Digest
MAY 28, 2021
the Agricultural Advisory Committee (AAC) would hold a public meeting via teleconference. At this meeting, the AAC will receive a report from the subcommittee that has been evaluating CFTC policy with respect to the implementation of amendments to enumerated agricultural futures contracts with open interest. to 12:00 p.m.,
PYMNTS
JULY 8, 2020
The farming and agriculture industry remains a pillar of society, and some of the world’s largest banks — like France’s Credit Agricole — first began as institutions to finance small farming businesses. the agriculture sector is widely ignored by big banks and FinTechs. But today, in some markets like the U.K.,
CFO News
MAY 23, 2023
Agriculture and agrochemicals, automobile and allied, banking, financial services and insurance, BPO and IT enabled services, construction and real estate, educational services, fast moving consumer durables, FMCG, hospitality, industrial manufacturing and allied, power and energy, ecommerce and tech start-ups, healthcare and allied industries and (..)
PYMNTS
APRIL 14, 2020
Screenshots of an app developed by the Agricultural Bank of China (ABC) for mobile phones was spotted on WeChat Tuesday (April 14). One of China’s state-owned banks has a mobile test app that supports the country’s central bank digital currency, according to a CoinDesk report.
PYMNTS
OCTOBER 1, 2019
30), Bayer Crop Science has struck a pact to work with Ant Financial , affiliated with Alibaba , in an effort that will develop a blockchain-underpinned system to monitor agriculture products. As reported by CoinDesk yesterday (Sept. As reported, 33 percent of Ant Financial is owned by Alibaba. Terms of the pact were not disclosed.
PYMNTS
DECEMBER 13, 2018
Small business payroll and HR solutions provider OnPay is targeting the agriculture industry with a new collaboration. Their partnership will see OnPay integrate its payroll solutions onto Magnify, the agriculture management tool recently released by FCSAmerica in conjunction with Xero and Figured.
CFO News Room
FEBRUARY 5, 2022
For financing start-ups for agriculture and rural enterprise relevant for farm produce value chain, the government will announce a fund with blended capital raised under the co-investment model through Nabard. These ‘kisan drones’ will be used for crop assessment, digitisation of land records, spraying of insecticides and nutrients.
CFO News Room
FEBRUARY 4, 2022
The announcements made by the finance minister are expected to accelerate the sector’s growth by focusing on streamlining agricultural value chains to boost farmer incomes and farm productivity. By D Narain. The road ahead looks promising even as the sector is set to clock 3.9% growth this financial year.
PYMNTS
AUGUST 23, 2019
Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug. With Farm Credit Services of America , OnPay and Xero already have a relationship through the Magnify agriculture management software.
PYMNTS
FEBRUARY 17, 2017
While internet adoption has historically been slow among America’s farmers for making agricultural purchases, current economic and market pressures have pushed them online for better deals, according to The Wall Street Journal. dollar has led the nation’s agricultural exports to decline some $1 billion in 2016. A strong U.S.
PYMNTS
SEPTEMBER 27, 2019
The companies will work together to bring the technology’s transparency and traceability to food safety and agricultural supply chains. Agriculture is the foundation of human civilization. Alipay’s Ant Financial announced that it has partnered with Bayer Crop Science to develop blockchain solutions in the food and crops industry.
PYMNTS
MAY 31, 2019
“A lot of these kids do go into the agriculture industry, and many of them come back [to Community First], especially when they’re starting businesses or joining their families’ businesses, whether they’re looking for business accounts or loans,” Nystrom Brito said. . Tailoring Loans to Young Entrepreneurs . Technology Tools .
CFO News
JANUARY 5, 2024
However, agriculture's modest 1.8 In 2023-24, India's economy anticipates a robust 7.3 per cent growth, driven by thriving sectors, notably construction and manufacturing. per cent growth diverges from the trend.
PYMNTS
DECEMBER 11, 2018
And IBM has announced that it has partnered with Nigerian agricultural startup Hello Tractor to test a distributed ledger technology (DLT)-driven crop management system. Specifically, IBM will develop the application, dubbed Digital Wallet, that would help sub-Saharan farmers reduce their amount of post-harvest losses.
PYMNTS
APRIL 15, 2020
Agricultural Bank of China Tests App for Country’s Digital Currency. Screenshots of an app that the Agricultural Bank of China (ABC) developed for mobile phones was seen on WeChat on Tuesday (April 14). One of the state-owned banks in China has a mobile test app that supports the central bank digital currency of the country.
CFO News
APRIL 25, 2024
The report also noted favorable monsoon forecasts, which are expected to boost agricultural output and ease inflation concerns. Despite global uncertainties, India's economy remains robust, driven by factors like domestic demand, investment, and manufacturing momentum.
CFO News
JANUARY 18, 2023
Some suggested higher allocation of funds to the rural employment guarantee scheme, saying that it would help increase cash flow to the rural economy. Rural demand has taken a beating across categories, including for FMCG and two-wheelers. Inflation has been hurting households and real wages have fallen - both resulting in sluggish rural spending.
CFO News
SEPTEMBER 5, 2023
Correct balance between fiscal support and discipline, providing skilled education, women's participation in the formal workforce, modernisation of agriculture, healthcare support from the government, simplification of taxation and credit support to MSMEs needed to achieve the target in two years, finance honchos say.
CFO News
OCTOBER 19, 2023
crore people found work in agriculture, 2.1 India has added 6.9 crore workers during the decade 2011-12 to 2021-22. Out of this, an additional 1.5 crore in industry and 3.3 crore in services. The maximum increase will be seen in services (4.7 crore) followed by industry (2.7
CFO News
MARCH 10, 2024
We are hoping for a normal monsoon, so the agriculture sector will be okay. "The fiscal discipline of the government means that its expenditure would be a little controlled. At 6.8%, India would still be the fastest-growing major economy," says Crisil CEO Amish Mehta
CFO News Room
NOVEMBER 29, 2022
Wise, Senior Advisor at the Institute for Agriculture and Trade Policy and a Senior Research Fellow at Tufts University’s Global Development and Environment Institute and Jomo Kwame Sundaram, former UN Assistant Secretary General for Economic Development. By Timothy A. Hence, AGRA’s new slogan – ‘Sustainably Growing Africa’s Food Systems’.
PYMNTS
FEBRUARY 14, 2020
Developers, among others, are working on reinventing the mall , which is still a compelling retail venue. And payment flexibility could be one of the keys that brings the consumer back to these facilities. In digital innovation, vertical farm operators are driving a technology revolution with artificial intelligence as well as data.
CFO News
FEBRUARY 1, 2024
ETCFO picks the top 5 areas like sustainable development, infrastructure and investment, tourism, agriculture and food processing, and budget allocation for major schemes for businesses. What this interim budget 2024 has in store for India Inc.
CFO News
MARCH 12, 2024
He emphasizes sustained growth efforts, with industry and services leading, while agriculture faces challenges due to delayed monsoons. Nageswaran highlights optimism in industry and services, cautioning against complacency.
PYMNTS
OCTOBER 28, 2018
Many aspects of agricultural trading are highly manual and costly: paper documents, facsimiles, manual retyping of data, and so on,” the companies said. The first area to be worked on will be automating grain and oilseed post-trade processes. And many transactions still utilize hard copy transfers of documents.”.
CFO News
FEBRUARY 21, 2024
The moderation is attributed to the industrial and agricultural sectors, with a slowdown in government expenditure and an uneven monsoon impacting GDP growth. India's Gross Domestic Product (GDP) is expected to moderate sequentially to 6.0% YoY in Q3 FY2024, according to credit rating agency ICRA. The contraction of 0.2%
CFO News
JANUARY 30, 2024
Budget expectations: As India prepares for the 2024 interim budget before the Lok Sabha elections, there is optimism that the budget will focus on rural jobs and schemes, including initiatives like 'Make in India,' expansion of Production-Linked Incentive (PLI) schemes, and targeted agriculture-related subsidies and incentives.
CFO News
DECEMBER 14, 2023
The collaboration aims to facilitate the development of an ecosystem for vendor partners to aggregate agricultural residue as inputs for Reliance's CBG production plants across India. Reliance Industries has partnered with DBS Bank India to launch a financing program for compressed biogas (CBG) plants.
CFO News
AUGUST 31, 2023
Agriculture and electricity sectors grew by 3.5% Nominal GDP grew by 8.0% compared to 27.7% in the first quarter of FY23. Key sectors like trade, hotels, transport, and communication saw growth of 9.2%, while real estate and finance rose by 12.2%. and 2.9%, respectively.
CFO News
SEPTEMBER 28, 2023
Monkombu Sambasivan Swaminathan, an agriculture scientist and the father of India's green revolution, has passed away at the age of 98. Swaminathan played a crucial role in developing a hybrid wheat seed that significantly increased yields for Indian farmers.
PYMNTS
OCTOBER 29, 2020
That pressure, she noted, has inspired the new partnership that Mastercard and GrainChain are announcing today to tie GrainChain’s agricultural supply chain technology solution into Mastercard’s proprietary blockchain technology to build a more inclusive and productive agricultural supply chain worldwide.
CFO News Room
DECEMBER 28, 2022
The minimum wage for non-agricultural workers in the capital region of Manila is 570 Philippine pesos per day. Let’s look at how it affects not just one group (American workers who lose their jobs), but all groups. First, there are Filipino workers, for whom the extra dollar a day is huge. That’s about $10.
CFO News
SEPTEMBER 20, 2023
due to erratic monsoons impacting agricultural output. The Asian Development Bank (ADB) has revised India's growth forecast downward to 6.3% ADB also revised its inflation outlook to 5.5% from 5% due to unexpectedly high food prices. However, ADB retained its growth forecast for next year, projecting a growth of 6.7%
CFO News Room
FEBRUARY 5, 2022
Comprehensive packages and co-investment models have also been outlined to promote chemical-free farming, agritech innovation, and digitisation of agricultural processes. These measures will help in driving renewed growth in the agriculture sector while also providing a big boost to rural markets and consumers.
CFO Thought Leader
NOVEMBER 27, 2023
As it turns out, Monte Vista’s growing appetite for operational improvement—as well as its CFO’s laserlike focus on labor—comes after the 2021 sale of a majority stake in the almond producer to food and agriculture investment house Solum Partners.
CFO News
JUNE 26, 2023
Lulu group also has plans to set up an agriculture sourcing and logistics hub near Hyderabad Airport for facilitating exports and promotion of local Telangana produce across India and the world, he said.
CFO News
OCTOBER 2, 2023
The two factions of the Godrej family - Godrej Industries & Associates led by Adi Godrej and his brother Nadir, and Godrej & Boyce Manufacturing Company (G&B) involving cousins Jamshyd Godrej and Smitha Godrej Crishna - are likely to finalise soon the formal split of business verticals as diverse as engineering, appliances, security solutions, (..)
CFO News
JULY 18, 2023
The climate economy has the potential to grow and transform in various sectors, including energy, agriculture, and transportation, and could employ around 100-200 million people within the next 20 years, according to Anshuman Bapa, the founder of climate economy platform Terra.do.
Future CFO
OCTOBER 24, 2023
Raw Materials and Natural Resources and Agriculture and Husbandry recorded the strongest recovery in FPI scores in the quarter, rising by 8.72% to 86.07 and the Agricultural Products subsector, which is up by 5.07% to 92.86 and 5.07% to 92.86, respectively. in the quarter from 77.89 from 88.38.
PYMNTS
MARCH 29, 2020
GrainChain , the farming blockchain system for agriculture and farming business, has moved to the Symbiont network, Assembly, a change which the company anticipates will help expand its business, according to a press release.
CFO News
SEPTEMBER 14, 2023
India's services sector has the potential to drive growth and job creation in other sectors like manufacturing and agriculture, according to a report by HSBC Global Research.
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