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CCI Approves MAIF 4's Strategic Acquisition of Maple Entities

Official Press

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The Competition Commission of India (CCI) has approved the acquisition by MAIF 4 Investments India 2 Pte. Ltd. of significant stakes in Maple Infra InvIT Investment Manager Private Limited, Maple Highway Project Management Private Limited, and Maple Infrastructure Trust. This strategic move involves acquiring 42.5% of Maple IM, 40% of Maple PM, and up to 37.5% of Maple Trust's units. MAIF 4 India 2, controlled by Macquarie Group Limited, aims to expand its infrastructure investment portfolio through this acquisition, focusing on road assets in India.

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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