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Mondelēz Reduces Stake in Keurig Dr Pepper

Mondelēz International has agreed to sell part of its stake in Keurig Dr Pepper to a financial services firm for a total consideration of approximately $362.7 million. As part of the deal, Mondelēz will sell approximately 12.5 million shares in Keurig Dr Pepper at a price of $29 per share. Following the completion of the […]

FSSAI Norms On No to Prohibited Antibiotics in Meat

The apex food regulator, FSSAI, has issued a Draft Notification on Food Safety and Standards (Contaminants, Toxins and Residues) Amendment Regulations, 2020, related to MRL (Maximum Residue Level) of pesticides and tolerance limit of antibiotics and toxins. Under these regulations, the FSSAI has decided to include the subject of crop contamination and naturally occurring toxic […]

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