CCI approves stake purchase in Burger King India operator by Lenexis consortium

Competition Commission of India on Wednesday approved the acquisition of a partial ownership in Restaurant Brands Asia Ltd, the operator of Burger King outlets in India, by a consortium led by Lenexis Foodworks Pvt Ltd. The proposed acquisition involves the buying of a certain stake in Restaurant Brands Asia through various steps, including equity subscriptions, […]
Milma to raise milk price by Rs 4 per litre from June 1

Milk cooperative major Milma decided to increase the price of milk by Rs 4 per litre in Kerala with effect from June 1, citing a steep rise in production and distribution costs and the need to protect dairy farmers from mounting losses. The decision was taken at a meeting of the Board of Directors of […]
India needs to raise food grains production to 450 million tonnes by 2047: Chaudhari

India needs to increase food grains production to 450 million Tonnes by 2047, and make information and communication technology-driven agricultural efficiency a national imperative, Fertiliser Association of India (FAI) Director General SK Chaudhari said on Wednesday. Speaking at the inauguration of FAI’s four-day national training programme on information and communication technology (ICT) for smart fertiliser […]
HyFun Foods ties up with Adani Logistics, Evergreen Marine Corp for eco-friendly export corridor

Frozen potato products exporter HyFun Foods on Thursday said it has taken a tripartite initiative with Adani Logistics and Evergreen Marine Corporation to create a seamless and environmentally responsible export logistics corridor. The initiative introduces a dedicated rail freight solution for transporting HyFun Foods’ frozen products for export, the company said in a statement. Each […]