CCI Approves Merger of ADES International Cayman and Shelf Drilling

The Competition Commission of India has approved the merger of ADES International Cayman, a subsidiary of ADES International Holding Ltd., with Shelf Drilling, Ltd. Shelf Drilling will be the surviving entity, and shareholders will receive cash proceeds from the merger. ADES International focuses on managing subsidiaries in the oil and gas drilling sector, while Shelf Drilling operates in offshore drilling and related services in India.

Source: Original Link

Read more

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