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Sun Pharma to buy Ranbaxy

Sun Pharma to buy Ranbaxy

Sun Pharmaceutical Industries is all set to buy Ranbaxy Laboratories for $3.2 billion all-share deal thus creating the fifth-largest generic drug maker. Both the firms are struggling with quality issues in the United States market.Ranbaxy

Global
Fonterra launches China – NZ exchange centre for dairy development

Fonterra launches China – NZ exchange centre for dairy development

Global dairy leader Fonterra launched China-New Zealand Dairy Exchange Centre in Beijing. The centre is a joint initiative between Fonterra and China’s National Dairy Industry and Technology System to support the sustainable development of the

Global
Kraft Cheese removes artificial preservatives from cheese slices

Kraft Cheese removes artificial preservatives from cheese slices

Kraft Foods, an American grocery manufacturing and processing conglomerate headquartered in the Chicago has announced it is taking an artificial preservative, sorbic acid out of some of its individually wrapped Kraft Singles slices. It is

Global
Nestle divests PowerBar to US firm Post Holdings

Nestle divests PowerBar to US firm Post Holdings

Nestle had announced that it has sold its premium sports nutrition business under the PowerBar and Musashi brands to Post Holdings, a US based consumer packed goods holding company. Nestlé’s premium sports nutrition business operates

Global
Cargill to idle Raleigh soybean processing

Cargill to idle Raleigh soybean processing

Cargill announced that it will idle soybean processing activities at its facility in Raleigh later this spring. Cargill will continue to operate the Raleigh elevator as a viable market for soybeans, purchasing soybeans from area

Global
Nestle UK launches reminiscence pack for Alzheimer patient

Nestle UK launches reminiscence pack for Alzheimer patient

Nestle UK & Ireland has created a “reminiscence pack” featuring wrappers and packaging from its confectionery archive to help trigger happy recollections among those with dementia or memory problems. The project was sparked by requests

Global
Hershey exceeds 2013 certified cocoa goal

Hershey exceeds 2013 certified cocoa goal

The Hershey North American manufacturer of quality chocolate and non-chocolate confectionery and chocolate-related grocery products has announced that 18% of all the cocoa the company sourced globally in 2013 was certified, nearly double the company’s

Global
More Americans choose healthy food

More Americans choose healthy food

American adults are eating better, making better use of available nutrition information, and consuming fewer calories coming from fat and saturated fat, consuming less cholesterol and eating more fiber, says a new report from the

Global
Croda becomes first omega-3 fish oil supplier to achieve IFOS certification

Croda becomes first omega-3 fish oil supplier to achieve IFOS certification

Croda Health Care has become the first omega-3 fish oil supplier to achieve the 5-Star International Fish Oil Standards (IFOS) Supplier Certification for their full range of Incromega brand fish oil concentrates. Nutrasource Diagnostics Inc.

Global
Breakfast Pledge: A new initiative of Kellogg’s

Breakfast Pledge: A new initiative of Kellogg’s

Kellogg’s, the world’s leading cereal company has announced a new initiative in India, “Kellogg’s Breakfast Pledge” to build nationwide awareness on the importance of eating breakfast every day. This initiative comes soon after the company