CCI Greenlights Daiwa's Stake Acquisition in Ambit Wealth

The Competition Commission of India (CCI) has approved a proposal by Daiwa International Holdings Inc. to acquire a 15.01% equity stake in Ambit Wealth Private Limited. The acquisition involves a subscription to equity shares on a fully diluted basis. Daiwa is based in Japan and focuses on investment and securities-related business operations. Ambit Wealth, a subsidiary of Ambit Private Limited, offers wealth management services in India. Further details of the commission's decision will be provided in a subsequent 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