Money Control

India's FTIL to sell commodity handling unit for INR242 crore amid fraud investigations

Mumbai, India-based financial services firm Financial Technologies (FTIL) will sell its commodity handling unit National Bulk Handling Corp (NBHC) for INR242 crore as the company goes through an investigation related to fraud allegations.

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JPSML Copthall acquires stake in Indian clothing firm Future Retail

JPSML A/c Copthall Mauritius Investment acquired a 0.6% stake in Mumbai, India-based clothing retail chain Future Retail for INR13.5 crore at INR91.88 apiece on the National Stock Exchange.

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US food firm Cargill purchases Leonardo olive oil from India's Dalmia Continental

Minnesota, US-based food processing firm Cargill purchased the Leonardo olive oil brand from New Delhi, India-based premium wellness food provider Dalmia Continental for an estimated price of INR100 crore.

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