The Minneapolis-based firm has two GCCs in India, with most of the tech operations running out of Bengaluru while Gurugram centre focusses on finance and human resource functions
After much deliberation, the government has finally announced a partial decontrol of the sugar sector, which is hoped to make the business more viable and attract large scale investments too, says Nirmal Bang research report.
India's latest offer of more wheat for export is priced below government costs to source and handle the grain, but is still too steep for international buyers, leaving the possibility of extra sales to local bulk buyers.
KS Oils promoters are in talks with Ruchi Soya & Global players like Archer Daniels Midland & Cargill to sell its 35% stake, reports The Financial Express. It touched an intraday high of Rs 10.25 and an intraday low of Rs 9.50. At 09:26 hrs the share was quoting at Rs 9.55, down Rs 0.45, or 4.50%.
Marico shares rose Monday morning after the fast moving consumer goods company sold its Sweekar edible oil brand to Cargill India.