Plant varieties and seeds cannot be patented under Indian law by companies like Monsanto, and any royalties on GM crops will be decided by the agriculture ministry, says Delhi high court
1 min read12 Apr 2018Beside cutting Monsanto's royalties, the govt has also lowered the prices of GM cotton seeds by 7.5% to Rs740 for a packet of 450 grams to help farmers who are struggling with pest infestations
2 min read13 Mar 2018SIT has been asked to investigate role of three firmsMahyco Monsanto Biotech, Monsanto Holdings, and Monsanto India in the matter
4 min read9 Feb 2018CCI found Monsanto and three of its units to be in contravention of provisions of Competition Act 2002 and imposed a penalty of Rs50 lakh each on them
1 min read1 Dec 2017Monsanto says the firm will sell its small branded cotton seed business to local firm Tierra Agrotech, but remains fully committed to India's agriculture sector
1 min read8 Sep 2017CCI had asked Monsanto and its India arm Mahyco Monsanto Biotech to cooperate with investigation on competition norms
1 min read28 Nov 2016The Delhi HC will hear a case by MakeMyTrip against the arrest of one of its senior officials for alleged service tax evasion of Rs67.44 crore
1 min read16 May 2016Mahyco-Monsanto had challenged Telangana govt order on the grounds that govt had wrongly enforced a reduction in trait fees by overriding mutually agreed private contracts between MMBL and seed firms
2 min read21 Apr 2016Delhi HC declined to grant a stay moved against the govt's decision on 27 Jan to set up a central price control panel which would regulate the Bt cotton seeds price
3 min read6 Feb 2016Government's response came in a dispute over an order to regulate cotton seed prices and fix royalties
3 min read29 Jan 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared