New Delhi, The National Company Law Tribunal (NCLT) has ordered initiation of insolvency resolution proceedings against Simbhaoli Sugars Limited on a petition filed almost six years ago.The petition was filed in September 2018 by erstwhile Oriental Bank of Commerce, which has now merged with...
New Delhi: Shree Renuka Sugars Ltd reported a consolidated net loss of Rs 111. crore due to higher expenses in the fourth quarter ended March 31, compared to a profit of Rs 44. crore a year ago.The sugar producer's total income in the January-March period increased to Rs 3,476.3 crore from Rs...
Dharani Sugars hopes to restart operations at its three factories in Tamil Nadu and work closely with more than 35,000 sugarcane growers, chairman Palani G Periyasamy said."Growth prospects for the Indian sugar sector look promising with the increasing demand for sugar and the necessary policy...
WASHINGTON (AP) — The Joe Biden administration announced a series of steps Wednesday to make school meals less sugary and more vegetarian, part of its move to strengthen nutrition for millions of students."We share the goal of helping all children reach their full potential," Agriculture...
New Delhi, Nestle India on Thursday said it has reduced added sugar by more than 30 per cent on a variety basis in baby food products in India over the last five years, amid reports that the global FMCG major has reduced the sugar content in less developed countries. Products with high sugar...
New Delhi [India], In the wake of recent allegations of presence of added sugars in infant cereal products, Nestlé India has issued a statement defending the nutritional quality and safety of its products while responding to allegations made by Public Eye, a Swiss investigative organization. Has...
New Delhi [India]: Shares of Nestle India fell sharply on Thursday after the Swiss-based conglomerate filed an allegation against the multinational food company for adulteration of baby food products. At 2.45 pm, Nestle India shares were down 3.6 per cent. Down cents at Rs 2,454. Its intraday...