Bt cotton seed price capped
There’s more background on this court decision here.
Monsanto India slumps as Karnataka HC allows govt to set MSP
Economic Times (India), 28 Mar 2016
Shares of Monsanto India, a wholly-owned subsidiary of the global agro-chemical giant, plunged 6 per cent in trade on Monday after the Karnataka High Court permitted the government to set the maximum selling price for Bt Cotton seeds sold by the company.
Reacting to the development, the scrip slumped 6.20 per cent to hit a low of Rs 1,705.10 on the BSE. The shares of the company have already slipped 21 per cent in the year so far.