Dairy is witnessing consistent growth in the consumption of value-added products such as flavoured milk drinks, lassi, curd and yoghurt. The Indian dairy market, though dominated by cooperatives, is also witnessing increased interest from financial institutions as an investment...
Pepsico Inc. is negotiating to acquire a 76.13 per cent stake in Russia's top juice maker Lebedyansky for $1.5-2 billion, according to a newspaper report.
"They are close to an agreement, and it is expected that the deal will be...