Cologne-based Food startup The Oater has achieved a remarkable milestone by successfully closing a seven-figure pre-seed financing round.

Boston-headquartered private equity firm Bain Capital is in final steps for a deal to acquire controlling stake in ice cream brand Vadilal. The news has been first reported by CNBC-TV18.

HMA Agro Industries initial public offer (IPO) will open on June 20 and primary market investors are bullish after successful listing of IKIO Lighting last week.

CCL Products has been growing its market share in different segments and the company management has impressive track record of following the best corporate practices while offering value to shareho

Adani Wilmar, famous for its best-selling edible oil brand Fortune, would double the capacity of its Haldia based utility to 1,600 tonnes per day by December 2009. The company, with total worth of Rs 6,000 crore, would invest Rs 100 crore for the project to complete it by 2012.

Adani Wilmar CEO, Atul Chaturvedi said, "We are in the process of enhancing the Haldia unit's capacity from the existing 800 tonnes per day. We acquired nearly 8 acres of additional land adjacent to the existing unit spread over 9 acres for the same."

Leading soft drink manufacturer, PepsiCo launched its non-carbonated packaged nimbu paani 'Nimbooz', under its brand 7Up in India on Monday and announced to add more products in its cart within couple of months. 'Nimbooz' will be available in 200 ml bottle and 350 ml bottle for Rs 10 and Rs 15 respectively.