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Canada’s AGT seeks stable policies to step up India play

The Canadian agri-commodity company backed by private equity firm Fairfax hopes that Prime Minister Narendra Modi relooks at the quantitative restrictions and tariffs imposed on commodities like pulses. India is the largest buyer of pulses such as peas from Canada. Last year it imposed a 50% tariff on lentils to support the domestic farmers.

Odisha’s distressed cold storage operators on strike

The Odisha Cold Storage Association, a body of 35 cold storage owners, is seeking incentives to revive its ailing units, waiver of loans and easier credit linkage. It has urged chief minister Naveen Patnaik to intervene, claiming that it is no longer able to run these units, which were set up at an averaged investment of about Rs 7 crore.

Kolkata witnesses 'Week of Italian cuisine in the world' event

To promote Italy's gastronomic culture abroad, a 'Week of Italian cuisine in the world' is being held here from Monday. The seven-day event will exhibit Italian food especially its quality and excellence as cuisine is one of the essential components of the country's identity and culture, the Italian Consulate General said in a statement on Sunday.

NCLAT rejects PepsiCo plea for release of machinery from Oceanic Tropical

The NCLAT observed that Pepsico India Holding cannot derive advantage of its own agreement with Oceanic Tropical Fruits over the Insolvency & Bankruptcy Code (IBC), which has provision of termination in case of bankruptcy or liquidation or similar situation to get the assets back.

Consider Haldiram’s offer, NCLT tells lenders

The NCLT has directed lenders of debt-ridden dairy firm Kwality Ltd to reconsider the Rs 145-crore by Haldiram Snacks. Earlier the former had declined the Rs 142 crore bid of Haldiram Snacks which was the sole bidder for it.The NCLT has also extended the Corporate Insolvency Resolution period by another three weeks.

Kwality insolvency: NCLT directs lenders to consider Haldiram Snacks' revised offer of Rs 145 cr

The Delhi-based bench of the tribunal has also extended the Corporate Insolvency Resolution period by another three weeks and directed the Committee of Creditor (CoC) to reconsider the enhanced offer. Earlier, the lenders of Kwality Ltd had rejected the Rs 142 crore bid of Delhi-based Haldiram Snacks, which emerged as the sole bidder to acquire the debt-ridden dairy firm.

Dr Reddy's forays into nutrition segment; launches diabetic-friendly drink

It is a first-of-its-kind under Dr Reddy's nutrition portfolio and clinically proven to help manage blood glucose levels among Indian patients. The brand 'Celevida' is derived from two words 'Celebration' and 'Vida', which means 'Celebrate Life'. It is available in two flavours Kesar Elachi and Chocolate, which are taste tested with over 300 diabetics and prediabetics, it said.

US-based Dole Foods eyes Indian market through tie-up with Future Group

The US agri-multinational hopes to capitalise on the increasing demand for healthy and preservative-free fruits and fruit derivatives, it said, estimating the market size at $100 billion in the country.

Centre bans junk food in school canteens

The FSSAI has framed Food Safety and Standards (Safe food and healthy diets for Schoolchildren) regulations 2019 to clamp down on consumption of unhealthy food by school children.

Why Indian dairy giants fear disruption from New Zealand cos

Discussions on a free trade agreement (FTA) with milk-producing countries such as New Zealand and Australia under the proposed Regional Comprehensive Economic Partnership (RCEP) may open up India’s sprawling dairy sector to foreign players from these countries.

Centre to protect milk sector interests under RCEP: Amul MD

Centre to protect milk sector interests under RCEP: Amul MD

As per Amul Managing Director RS Sodhi, Union Commerce Minister Piyush Goyal has assured that no decision will be taken by the Centre that will adversely affect the milk-producers in the country. The decision was conveyed to hundreds of milk producers who assembled in Anand on Thursday to mark the 74th Foundation Day of Amul.

Intergrow secures PE funding for expansion

Intergrow secures PE funding for expansion

The Kerala-based company that owns Rs 150 crore Kitchen Treasures brand curry masala and spice blends has secured Rs 80 crore funding from Bahrain-based PE firm Investcorp for its new ventures.

Coca-Cola set to sell some bottling units to partners

Coca-Cola set to sell some bottling units to partners

The combined value of the deals in the first phase of the selloff is estimated at Rs 1,500-2,000 crore, one of the officials said. HCCB has 18 plants and accounts for two-thirds of Coca-Cola India’s volumes.

ITC launches world's most expensive chocolate priced at Rs 4.3 lakh/kg

ITC launches world's most expensive chocolate priced at Rs 4.3 lakh/kg

Co-curated by France's Michelin Star Chef Philippe Conticini and Fabelle's Master Chocolatier, Fabelle's 'Trinity - Truffles Extraordinaire' box is priced at approximately Rs 4.3 lakh per kg.

India 4th largest market for smartwater: Coca-Cola

India 4th largest market for smartwater: Coca-Cola

India is the 4th largest market globally for premium water brand 'smartwater'. Introduced in 1996 in US, smartwater was acquired by the Coca-Cola in 2007 and is now available in several countrie including UK, Australia, Canada and Middle East.

41% milk samples of poor quality, 7% samples unfit to consume: FSSAI survey

41% milk samples of poor quality, 7% samples unfit to consume: FSSAI survey

The milk survey was conducted with the objective of monitoring the safety and quality of liquid milk in the country. About 6,432 Milk samples were taken from across the country for adulteration concern and analysis.

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