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Maker of Epigamia yogurt gets fresh funding from Danone’s investment arm
The investment was led by Drum's existing investorBelgium-based consumer investment firm Verlinvest along with Singapore-based fund DSG Consumer Partners, Temasek-backed InnoVen Capital, and Cipla's Samina Vaziralli.
1 min read16 Jan 2019Coca-Cola strengthens Indian leadership team, to re-enter dairy market
Coca-Cola ropes in Chandrasekar Radhakrishnan as vice-president, strategy and insights, India operations, and Sundeep Bajoria as vice-president , south west Asia
3 min read20 Aug 2018Parag Milk buys Danone dairy factory in Haryana
The acquisition of Danone's dairy factory will help Parag Milk expand its footprint in North India and strengthen distribution of milk and milk products in Delhi NCR and Haryana, says chairman Devendra Shah
2 min read20 Apr 2018Saudi dairy firm Nadec to buy Danone unit via capital raise
Nadec will fund the acquisition of privately held Al Safi Danone through a capital increase of $143 million, it said in a statement to the Saudi stock market on Sunday
1 min read25 Mar 2018Danone to sell stake in Japan’s Yakult for $1.8 billion
Danone is selling about $1.8 billion worth of shares in Japan's Yakult Honsha Co. as an activist investor pushes the world's largest yogurt maker to boost returns
1 min read15 Feb 2018Danone to shut down its dairy business in India
Danone has decided to rationalize its product portfolio in India to allow for accelerated investments and a sharper focus on growing its nutrition portfolio
3 min read12 Jan 2018Global food companies team up to avoid Maggi-like fiasco in India
Global Food Safety Initiative (GFSI) is planning to establish an Indian arm to work with the government, FSSAI and academia for ensuring food safety
2 min read8 Dec 2017Danone India launches Protinex Bytes, eyes healthy snack market
Danone India launches Protinex Bytes, a protein multigrain biscuit meant for office-going consumers looking for a healthy snack on the go
2 min read11 Oct 2017Heritage Foods bets on value-added dairy business to boost growth
Heritage Foods is currently in talks with a European firm for launching flavoured yoghurt in India
3 min read12 Jul 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared