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Temasek confirms investment in Haldiram Snacks

New Delhi: Snacking and sweets company Haldiram Snacks Food Pvt. Ltd has entered into an agreement with Singapore-headquartered global investment firm Temasek, the deal’s financial advisor said on Sunday. PwC Investment Banking team acted as the exclusive financial advisor to the transaction, while Khaitan & Co. acted as the legal advisor. Temasek agreed to acquire…

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EU’s CBAM may disrupt India’s steel industry, says study

NEW DELHI: A recent study by researchers from the Indian Institute of Management (IIM)-Lucknow and the Institute of Management Technology (IMT)-Ghaziabad has highlighted potential challenges posed by the European Union’s Carbon Border Adjustment Mechanism (CBAM) for India’s small- and medium-sized steel enterprises (SMEs).The CBAM, implemented in October 2023, aims to levy carbon content-based charges on…

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