Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Coconut Development Board sign MoU with Camson to undertake research

Posted On: 2015-03-13 11:41:06

Camson Bio Technologies Ltd (Camson), India's leading IPRdriven biotechnology company, inked a Memorandum of Understanding (MoU) with the Coconut Development Board (CDB), a Ministry of Agriculture, Government of India enterprise, to develop non-chemical, zero-residue, secondary metabolite based biocides to control red palm weevil (Ryhnchophorus ferrugineus) infesting coconut plantations.

Secondary metabolite based solutions are the most advanced technologies used to make farm inputs in the organic space and Camson is the only company in the country with the requisite research experience and execution skills. Camson has been partnered under the board's scheme "Technology Mission of Coconut" to conduct research over a period spanning two years.

The red palm weevil menace: Red palm weevil, whose scientific name is Ryhnchophorus ferrugineus, is an economic pest that infects coconut, date, sago, oil and ornamental palms. A severely-attacked coconut palm exhibits a rotten trunk and loss of foliage, which eventually results in its death. Of the 40 million coconut trees in Kerala's Kochi/Travancore region, about 0.5 per cent are infected by the pest per year. This amounts to 2,00,000 palms. The pest is a severe menace internationally as well. It is found across Middle East, Far East & in Oceania.

Coconut Development Board has agreed to pay Camson Rs. 25 lakh as its contribution towards the research.

Santosh Nair, Chief Executive Officer, CBTL, said, "This partnership signals the acknowledgement by the Government of India of the immense potential in Camson's unique strengths in secondary metabolite based technology to offer a zero residue solution for a perennial problem. It is an indication of the government's initiative to promote organic farming in India through technical capacity building of all the stakeholders."

"We are already working with a number of institutions, both in India and overseas including private players, plantations, exporters and vineyards. These are efforts to further Camson's vision of creating a healthy and disease free society" he added.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Shriram Housing Finance Ltd appoints Mr. Subramanian Jambunathan as MD & CEO

Innovative Ideals And Services India Ltd to consider overseas expansion

Kakinada Gateway Port Ltd. Signs Concession Agreement for development of Commercial Port

Hon'ble Prime Minister to launch City Gas Distribution bidding for Deoghar, Sheikhpura and Jamui District

ICRA reaffirms rating of Indoco Remedies Ltd

Bodhtree Consulting Ltd announces resignation of Mr. Muthukrishnan Swaminathan

Redington arm increases stake in Citrus to 84.8%

Gujarat Ambuja Exports Ltd updates on NGT order

Zensar to host Investor and Analyst Day 2018 in Mumbai, India

CARE reviews ratings of HSIL Limited

Skyline Millars Limited appoints CFO

Monotype India Ltd appoints CFO

Shivkamal Impex Ltd appoints CFO

Fraser and Company Ltd expands RMC business

Steel Strips Wheels Ltd appoints additional director

Dewan Housing Finance Corporation Ltd Q2 PAT jumps to Rs. 438.74 crores

Gaurav Mercantiles Limited announces resignation of Director

Maruti Suzuki launches #NextGenErtiga

Adani Gas expands pan-India CGD presence, bags 13 CGD projects

ICRA assigns rating to Sanghi Industries Ltd's enhance limit

UPL Ltd arm to acquire Bioquim Group in Costa Rica

Lupin launches generic Tetrabenazine Tablets

GHCL updates on restoration of operations of unit in Tamil Nadu

Infosys announces creation of 1,200 jobs in Australia

Rajesh Exports Limited bags new export order of 933 crores

HDFC Bank to acquire 4% stake in CCIL

Bodhtree Consulting enters partnership with AutomationEdge to deliver intelligent automatic solutions

Indiabulls Housing Finance Limited raises Rs 23,615 crores in the last 2 months

Excel Industries Ltd updates on CRISIL rating

India Home Loan Ltd announces resignation of CS

Bank of Baroda to sell 4% stake in The Clearing Corporation of India Limited for Rs. 124 crores

Minda Corporation Ltd enters into agreement with JV partner Furukawa Group

Zensar Technologies Showcases End to End Cloud Solutions Portfolio and Agile IT Automation at AWS re:Invent 2018

CRISIL reaffirms long term rating of Action Construction Equipment Ltd

ICRA assigns rating to Som Distilleries & Breweries Ltd

Reliance Mutual Fund announces FFO3 for CPSE ETF

Binani Cement Ltd becomes wholly ownedy subsidiary of UltraTech Cement Limited

Confidence Petroleum's Q2 FY 2019 PAT grows 171% y-o-y to INR 16.20 crore

Binani Industries Ltd calls for board meeting on Nov 23, 2018

Intellect Distribution and Service Suite 3.0 wins esteemed Life Insurance International Award

TCS a Leader in IDC MarketScape for Global DevOps Services

Global Top 10 Casino and Resort Chain TRUSTS Ramco

Maruti Suzuki ramps up Vitara Brezza production to reduce waiting period

Gayatri Projects Ltd declared L-1 for Rs. 162.05 crores project

Bhagyanagar Properties Ltd to sell 1 acre at Vattinagulapally, Hyderabad

Zydus receives tentative approval from the USFDA for Deferasirox Tablets

The Financial Services Revolution - powered by Nucleus FinnOne Neo Cloud

Workers resume work Indo Count Industries Ltd's spinning unit

Alembic Pharmaceuticals receives USFDA Approval for Vardenafil Hydrochloride Orally Disintegrating Tablets, 10 mg

AERA allows DIAL to charge Base Airport Charges plus 10% from Dec 1, 2018







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018