CCI Approves Indriya Ltd.'s Acquisition of Aditya Birla Housing Finance Ltd. Shares

The Competition Commission of India has given its approval for Indriya Ltd. to acquire 14.286% equity shares of Aditya Birla Housing Finance Ltd. The deal, executed through preferential issue on a private placement basis, involves a significant stake in the Indian housing finance company, registered with the National Housing Bank. Indriya Ltd., an investment holding company without current operations in India, will secure this share of the post-issue paid-up equity share capital. More details on the transaction will be provided in a forthcoming detailed order.

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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