CCI okays Temasek Holdings minority stake purchase in Haldiram Snacks Food

The Competition Commission of India has approved the acquisition of certain issued and paid-up equity share capital of Haldiram Snacks Food Private Limited (Target) by Jongsong Investments Pte. Ltd. (Acquirer). The proposed transaction entails the acquisition of less than 10% of the issued and paid-up equity share capital of the Target by the Acquirer. The […]
Central to set up 3 multi-state cooperative societies for dairy sector

The government decided to set up three new multi-state cooperative societies for the dairy sector to focus on animal feed, dung management and circular use of dead cattle residues. Cooperation Minister Amit Shah, who chaired a meeting on sustainability and circularity in the cooperative dairy sector, said the goal should be to create a sustainable […]
dsm-firmenich opens state-of-the-art Princeton baking innovation center in Princeton, NJ

dsm-firmenich, a leading innovator in nutrition, health, and beauty, has opened its Princeton Baking Innovation Center in New Jersey. This new facility will help customers accelerate innovation, improve agility, and co-create applications such as breads, rolls, pastries, tortillas, cookies, and snack foods with greater speed and precision and, ultimately, enable better products for consumers. The […]
FSSAI reinforces ban on use of calcium carbide for artificial ripening of fruits

The Food Safety and Standards Authority of India (FSSAI) has urged all States and Union Territories to intensify inspections and carry out special enforcement drives to curb the illegal use of non-permitted fruit ripening agents, as well as colouring and coating of fruits with synthetic colours or non-permitted wax. The Commissioners of Food Safety of […]