Monsanto India Shares Jump On Withdrawal Of Bt Cotton Notification

Monsanto India shares jumped over 7 per cent on Tuesday after the government withdrew its notification that mandated the capping of royalty for new genetically modified (GM) traits. Sources said the decision was taken in view of severe criticism from biotech industry and farm experts, who were of the view that the move would hurt foreign investment in agri-research and discourage introduction of new technologies into India. On Mond...