CCI Approves Acquisition of IL JIN Electronics by ChrysCapital and Partners

The Competition Commission of India has approved the acquisition of shareholding in IL JIN Electronics (India) Private Limited by ChrysCapital Fund X, Two Infinity Partners, and Raptor Investments Limited. The acquisition involves compulsorily convertible preference shares and equity shares. IL JIN provides electronic manufacturing services and energy solutions, including products like PCBs, smart watches, and solar inverters. A detailed order from the Commission will follow.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link