acquisition

Frozen food feast: ITC bites into momo-maker Prasuma | Company Business News

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New Delhi: ITC Ltd on Thursday signed definitive agreements to acquire frozen food and ready-to-cook foods brand Prasuma. This acquisition will fortify the company’s presence in such future-facing categories, which the company said has a current annual market size of over ₹10,000 crore and is poised for rapid growth in the years ahead.  In a filing … Read more

Paddy Acquisition – This is the whole story of the paddy acquisition struggle, not just the wrath of consignees, rice millers and farmers – The story of paddy purchase struggle, not just the wrath of consignors, rice millers and farmers Angry NTC

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Not only farmers were angry over the paddy purchases, brokers and rice millers also staged protests. Everyone is resentful and angry for a reason. Farmers in Punjab have taken to the streets amid slow government procurement. The market is full of paddy but it is not being purchased as the government has no space to … Read more