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Business Economy

Sikkim IFFCO Organics signs MoU with US and Croatian cos

New Delhi, Nov 8 (UNI) IFFCO’s organic arm Sikkim IFFCO Organics Ltd on Friday singed two MoUs with US and Croatian companies to promote Organic and Biodynamic Farming and Demeter Certification in Sikkim, the area of operation of Sikkim IFFCO.
Blossoms Biodynamics from California, USA and Centar Dr Rudolfa Steinera from Croatia are the two Organizations working for organic agriculture.
The MoU was signed at ongoing Organic Trade Fair - Biofach India in presence of Petar Ljubicic, Ambassador Extraordinary and Plenipotentiary of Republic of Croatia in India.
"This mutual agreement is a part of Organic communities commitment for Sustainable Agriculture in Sikkim. This will also help in assisting Sikkim IFFCO for biodynamic agricultural production, an agriculture for future and promote Demeter certification for its products in Sikkim," an official release said here.
Also, it will help in creating new livelihood opportunities for local farmers and support the company in marketing its products globally specially in United States and European Union including Croatia. Special focus will be given on advertising and exploring the options for promotion in the mutual web spaces.
The major commercial crops in which Sikkim IFFCO operates are Cardamom, Ginger, Turmeric and Buckwheat with the initial project cost of Rs 50 Crore.

The first MoU was signed by Mr. Mayank Parihar, COO, Sikkim IFFCO Organics and Mr. Gene Gollogly, International Director, Blossoms Biodynamics, USA. BLOSSOMS BIODYNAMICS will help by giving its advisory services for the marketing & distribution in the US markets. Together both players will collaborate in their common projects.
Second MoU was signed by Mr. Mayank Parihar, COO, Sikkim IFFCO Organics and Mr. SC Dijana Posavec, Director, Centar Dr. Rudolfa Steinera, Croatia.
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Firmenich Successfully Completes Acquisition of DRT

28 May 2020 | 9:09 PM

GENEVA, May 28, 2020 /PRNewswire/ -- Firmenich International SA, a global leader in the Flavor & Fragrance industry, is pleased to announce the completion of its acquisition of Les Dérivés Résiniques et Terpéniques ("DRT"). DRT is a world leader in the development and supply of high quality, renewable and naturally-derived ingredients. This acquisition will see Firmenich become a key player in renewable ingredients for perfumery and beyond. Founded in 1932 and headquartered in Dax, France, DRT developed a unique, backward integrated business model over many decades, including access to sustainable raw materials, best-in-class extraction and distillation capabilities and advanced innovation processes.

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CGI Supports Karnataka Government in Strengthening Their Pandemic-related Efforts

28 May 2020 | 9:09 PM

BENGALURU, May 28, 2020 /PRNewswire/ -- CGI in partnership with Oasis Foundation, a non-governmental organisation (NGO) are working closely with the Karnataka government to support the government's efforts in combating the COVID-19 pandemic in the state.

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Assam invites investment from US-India Business Council

28 May 2020 | 8:53 PM

Guwahati, May 28 (UNI) Assam Industries and Commerce Minister Chandra Mohan Patowary interacted with top global companies operating across the United States and India through a webinar on Thursday.

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Court Order Against Senior Preventing Importation of Battery Separators Into the United Kingdom is Extended

28 May 2020 | 8:38 PM

CHARLOTTE, North Carolina, May 28, 2020 /PRNewswire/ - Following the United Kingdom (UK) court's grant on May 7, 2020 of an interim injunction against Shenzhen Senior Technology Material Co., Ltd. (Senior) as requested by Celgard, LLC (Celgard), a subsidiary of Polypore International, LP (Polypore), the matter returned before the UK court on May 21, 2020. The court's new order continued the effect of the interim injunction pending a further substantive hearing that will take place on an agreed date between June 29 and July 10, 2020. Senior provided an official letter to the Judge acknowledging its formal undertakings to the UK court. Celgard intends to pursue an injunction through trial of its trade secret case against Senior at the next hearing.

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Wipro positioned as teknowlogy leader: PAC Group’s IoT C&SI survey

28 May 2020 | 8:31 PM

Bengaluru, May 28 (UNI) Wipro Limited a leading global information technology, consulting and business process services company, today announced that it has been positioned as a leader across several categories in teknowlogy | PAC Group’s Internet of Things Consulting and System Integration (IoT C&SI) survey.

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