Hershey’s rejects Mondelez’s takeover offer
The Hershey Trust Co, has rejected multi-billion advances from Mondelez International which had moved to make a takeover bid. As reported earlier this week, the Chicago headquartered snacking firm had looked to make its second bid for its rival in a decade – but according to sources close to the industry, the offer was not […]
1132 LMT Wheat production recorded during Rabi 2024
Government of India keeps a close watch on the prices of wheat and takes suitable appropriate interventions to ensure price stability for the consumers in the country. A total production of 1132 LMT of wheat was recorded during Rabi 2024 and there is ample availability of wheat in the country. In order to manage the […]
Season’s first south african stone fruits arrive in India – A feast of freshness and flavor
The much-anticipated South African stone fruit season is here, bringing a bounty of juicy peaches, nectarines, and plums to the Indian market. Known for their exceptional taste, vibrant color, and premium quality, these stone fruits promise to delight Indian consumers with their freshness and versatility. South Africa, celebrated globally for its fertile lands and state-of-the-art […]
Mondelēz International approves new $9 bn share
The Board of Directors of Mondelēz International, Inc. (NASDAQ: MDLZ) approved a new share repurchase authorization of up to $9 billion of Class A common stock, effective January 1, 2025. The new authorization, effective until December 31, 2027, will replace the current $6 billion authorization, of which approximately $2.8 billion is presently remaining and would […]
FSSAI launches special festive drives to combat adulteration in Milk, Sweets, and other Food products during the holiday season
Food Safety and Standards Authority of India (FSSAI) is fully committed to ensuring the availability of safe food products to consumers across the country. Towards this, FSSAI through State/UTs and its Regional Offices conducts regular surveillance, monitoring, inspection, and random sampling of various food products to check compliance with the quality and safety parameters and […]
