CCI Approves Acquisition of Oerlikon by Rieter

The Competition Commission of India has approved the acquisition of OC Oerlikon Textile Holding AG and Oerlikon Textile Inc. by Rieter Holding AG and Rieter North America Inc. This acquisition grants Rieter sole control over the Targets, which are manufacturers of spinning systems, texturing machines, and non-woven solutions. Rieter, based in Switzerland, is a global leader in textile machinery and components.

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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