CCI Approves Acquisition of Skechers U.S.A, Inc. by 3G Capital Partners

The Competition Commission of India has approved the acquisition of Skechers U.S.A, Inc. by 3G Capital Partners, which will gain sole control over the company. The deal also includes an investment from Kakapo Investment Pte. Ltd. The acquisition involves an indirect purchase by affiliates of 3G Capital and aims to enhance long-term value in the footwear and apparel sector.

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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