The $2billion Swiss kids' juice giant Capri-Sun AG has entered into a franchise agreement with SDU Beverages.
The Indian govt’s tightened norms on importing high milk yielding cattle breeds have forced many businesses to shelve, defer large dairy farm projects.
GVK Biosciences proposes to set up active pharmaceutical ingredients (APIs) manufacturing facility to cater to the needs of its existing and new customers.
The company has announced incremental investments of $5 billion (Rs 30,500 crore) along with its partner from 2012 to 2020.
The stake sale could fetch several hundred crores of rupees but it could also lead to controversy, because Hyderabad is located in Telangana.
The acquisition will add 140 Softential employees to Infotech’s telecommunications business unit, the company said.
The Indian hybrid seed market, with over 300 companies, has been growing at 15-20 per cent annually over the past several years and is projected to reach around Rs 18,000 crore by 2018.
The Southern India govt hopes the sector to report exports of at least Rs 60,000 cr by 2019 and help over 50,000 persons to gain employment.
This move comes after two Volvo bus accidents in October and November last year claimed 52 lives and put the Swedish company in the dock.
The bio excellence awards were presented to the biotech leaders as a part of the 'Bangalore India BIO' event.
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