CCI Approves Restructuring of Lemon Tree Hotels Group

The Competition Commission of India has green-lit the acquisition of shares by Coastal Cedar Investments B.V. in Fleur Hotels Limited and an internal restructure of the Lemon Tree Hotels Limited group. This involves amalgamation and demerger of certain entities within the group, supported by investment from Warburg Pincus Group. A detailed order from CCI is expected to follow.

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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