CCI Approves Acquisition of Kolte-Patil Developers by BREP Asia III

The Competition Commission of India has approved BREP Asia III India Holding Co VII Pte. Ltd.'s acquisition of a 40% shareholding in Kolte-Patil Developers Limited. The transaction involves a combination of share subscription and purchase, along with an open offer for additional shares. BREP Asia is affiliated with Blackstone Inc., a global alternative asset manager, while Kolte-Patil is a listed company engaged in real estate development.

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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