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 Food Safety and Standards Authority of India (FSSAI) is using the technologies at their disposal in a big way, in a move to ensure that their norms are adhered to. The FSSAI has also established an IT platform for safety compliances for more consistent and transparent operations. This was revealed by FSSAI CEO, Pawan Aggarwal.  Aggarwal also revealed that the FSSAI will make it mandatory for all food businesses to employ a food...

  • Posted on : Friday , 8th December 2017
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 France’s PSA Group to take forward its India plans after Korean and Chinese carmakers. As per sources aware of the advancement the French auto major, which bought the famous Ambassador brand will be holding a meeting of suppliers on December 7 in Chennai. PSA Group has called more than 50 suppliers to attend the meeting. “The chief of global sourcing, and senior management of PSA, will be in Chennai to decide on the start of...

  • Posted on : Thursday , 7th December 2017
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 Indian Oil Corp. Ltd, the largest refiner in the country is making a strategic shift to a less carbon-intensive future by getting into clean energy and related infrastructure, while keeping refinery expansion plans flexible for course correction, said Chairman Sanjiv Singh.   The rise of renewable energy sources in the country’s energy mix is what is pushing the state-run refiner to new markets, which cuts down diesel use for...

  • Posted on : Thursday , 7th December 2017
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 Taaleri Plc has shown interest in buying a stake in Finland’s state-controlled power utility Fortum Oyj’s operational Indian solar power projects.   Fortum is present in heating, electricity, and cooling businesses in Baltic and Nordic countries, Poland, Russia, and India with €3.6 billion in annual sales. The company has a solar power project portfolio of 215 megawatts (MW) in India.   Taaleri has three...

  • Posted on : Thursday , 7th December 2017
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On Tuesday, the government declared additional incentives amounting up to Rs 8,450 crore to help support exports in its mid-term survey of the Foreign Trade Policy 2015-2020, which included simplified procedures to enable exporters and an adherence to develop an e-wallet scheme to ease working capital issues for exporters in the post-GST administration. It raised the incentive rate by 2% under the acknowledged Merchandise Exports from India...

  • Posted on : Thursday , 7th December 2017
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