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Allied Industry
Bayer gets nod for $66B Monsanto takeover

Bayer gets nod for $66B Monsanto takeover

Bayer AG won US antitrust approval for its $66 billion takeover of Monsanto Co., clearing the last major regulatory hurdle to forming the world’s biggest seed and agricultural-chemicals provider after a nearly two-year global review.

Allied Industry
Manpasand Beverages to set up new manufacturing plant in Odisha

Manpasand Beverages to set up new manufacturing plant in Odisha

The beleaguered Manpasand Beverages is setting up a fruit juice manufacturing facility at Chhatabar Industrial Area, Khurdha in Odisha, at an investment of Rs 150 crore.   Odisha chief minister Naveen Patnaik performed ground breaking

Allied Industry
Packaged food startup Y-Cook raises $5M

Packaged food startup Y-Cook raises $5M

Bengaluru based Y-Cook India Pvt. Ltd, which makes ready-to-eat and ready-to-cook packaged food products, has raised $5 million in a Series B round of funding from new and existing investors.   Dutch impact fund Oikocredit

Allied Industry
Coca-Cola to invest $1.2B in Argentina

Coca-Cola to invest $1.2B in Argentina

Coca-Cola has announced that it will invest $1.2 billion in Argentina over the next three years to expand the production of soft drinks in the country.   This investment builds upon the $1 billion four-year

Allied Industry
Nestle Japan launches a new platform that provides nutritional advice and targets ageing societies

Nestle Japan launches a new platform that provides nutritional advice and targets ageing societies

Nestle Japan, a subsidiary of the Switzerland-based food and drinks company, is planning to develop what it hopes will be a growth area of health services for aging societies. Kozo Takaoka, CEO of Nestle Japan

Allied Industry
PepsiCo to acquire Bare Snacks

PepsiCo to acquire Bare Snacks

PepsiCo, Inc. has entered into a definitive agreement to acquire Bare Foods Co., a U.S.-based maker of baked fruit and vegetable snacks. The transaction will expand the company’s snacking portfolio and further deliver on its

Allied Industry
Patanjali raises its bid for Ruchi Soya

Patanjali raises its bid for Ruchi Soya

Patanjali Ayurveda has raised its bid to acquire Ruchi Soya and had made the revised offer to the Committee of Creditors (CoC) for the debt ridden company.   The latest bid is around 30 per

Allied Industry
Nestle to merge research units for strengthening innovation

Nestle to merge research units for strengthening innovation

Nestlé has announced that it will combine its two research units in order to strengthen its R&D capabilities and accelerate product innovation.   The Nestlé Research Center and the Nestlé Institute of Health Sciences will

Allied Industry
DuPont Nutrition & Health Divests Alginates Business to JRS Group

DuPont Nutrition & Health Divests Alginates Business to JRS Group

DuPont Nutrition & Health (N&H) has received approval from the European Commission (EC) to divest its heritage DuPont N&H Alginates business to JRS Group, a leading manufacturer of functional additives from plant-based raw materials. The

Allied Industry
Prabhat Dairy steps into beverage domain

Prabhat Dairy steps into beverage domain

Prabhat Dairy Ltd. has stepped into the dairy beverages segment in a bid to grow its consumer business from the current Rs 400 crore to Rs 1,000 crore in two years.   Beverages such as