CCI Greenlights Torrent Power's Full Acquisition of Nabha Power

The Competition Commission of India (CCI) has approved Torrent Power Limited's acquisition of 100% of Nabha Power Limited's shares. This significant move involves purchasing both equity shares and optional convertible preference shares from L&T Power Development Limited. Torrent Power, part of the Torrent Group, is involved in various sectors including power generation and distribution. Nabha Power, a subsidiary of the seller, operates a large thermal power plant in Punjab.

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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