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Sunil Mittal-led Bharti Enterprises on Monday signed an agreement with world's largest retailer Wal-Mart Stores for foraying in the retail business. Bharti group forays into agri-biz — Floats 50:50 joint venture with Rothschild group firm (9/16/2004, The hindu Business line) AGRI-business seems to be the latest mantra among corporates. Today, it was the turn of Bharti Enterprises Ltd (BEL) to announce a foray into the sector through FieldFresh Foods Private Ltd, a 50:50 joint venture with the Rothschild Group-controlled ELRo Holdings India Ltd. Markfed in deal to export sweet onion to Germany (1/22/2004, The Hindu Business Line) THE Punjab State Cooperative Supply and Marketing Federation Ltd (Markfed) has signed a deal with a German company to export 20,000 tonnes of sweet onion, a top official of the federation has said. Punjab fruits make way into Tropicana packs (10/2/2003, The Indian Express) Kinnows, the Indo-Japanese hybrid that revolutionised citrus fruit cultivation in Punjab, is ready for the second pressing. The state government has recently signed a deal with a trans-national juice-manufacturer, under which farmers will grow the fruit and then sell it to the company for extraction and sale. Satnam opts for rice contract farming (2/11/2003, The Hindu Business Line) SATNAM Overseas Ltd, producers of Kohinoor branded basmati rice, plans to source approximately 30 per cent of its annual basmati requirements from contract farming from next year. PepsiCo mulls contract farming of basmati rice (2/6/2003, The Hindu Business Line) PEPSICO India Holdings Pvt Ltd intends to bring 10,000 acres of basmati crop area in Punjab, Western Uttar Pradesh and Haryana under contract farming this year to achieve its target of exporting over 12,000 tonnes of basmati rice in future. Coke to launch coconut water based drink (1/28/2003, Business Standard) Multinational soft-drink giant Coca-Cola is planning to set up a tender coconut water production and marketing facility at its existing factory premises in Palakkad district of Kerala, according to the company’s vice president Deepak Mehrotra. Bunge doesn’t believe in jumping head on (1/15/2003, The Economic Times) It focuses wholly on the small-town Indian. It proudly sells a no-frill semi-urban brand which is as desi as kachhi ghani mustard oil. And it prefers to make lesser noise and more profits than its flashier rivals. United Riceland: Reaping A Rich Harvest (8/3/2002, The Financial Express) Sixty years ago, Narsi Bhai Thakrar from Porbandar in western Gujarat went to Africa to work as a labourer. By 1972 he was an established trader in salt and steel till Idi Amin, the despotic leader of Uganda threw him out along with many other foreigners. However, Mr Thakrar did not return to India. Instead he went to England and re-established himself: this time in the area of rice trading. HLL Eyes Branded Basmati Rice (8/2/2002, The Financial Express) Hindustan Lever Ltd (HLL) intends to enter the top-end branded basmati rice segment, the annual exports of which are estimated at around $500 million. | |||||||||||||||||||||||||||||||||||||
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Disclaimer: All information is true to source. The links are provided from the SCS Group website to the news source. The SCS Group holds no responsibility for the content mentioned in the article. | |||||||||||||||||||||||||||||||||||||
