May 4, 2016 - Instant coffee maker CCL Products to invest $40 million on a green-field plant

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from TradeBriefs FMCG Weekly

Sree Vijaykumar

From the Editor's Desk
King Abdullah once banned his brash nephew, all of 26 at the time, from setting foot in the Ministry of Defense after rumors reached the royal court that the prince was disruptive and power-hungry. Later, the pair grew close, bound by a shared belief that Saudi Arabia must fundamentally change, or else face ruin in a world that is trying to leave oil behind. Today, Prince Mohammed is effectively the power behind the world's most powerful throne and the man responsible to move Saudi Arabia into the next century. Western diplomats in Riyadh call him Mr. Everything. He's 31 years old. The ascendance of a third-generation prince was of acute interest to the half of the population that's under 25, particularly among the growing number of urbane, well-educated Saudis who find the restrictions on women an embarrassment. However, things are not going to be easy. Youth unemployment is at 30 percent and many are venting on Twitter. Also, supporting more freedom for women will mean taking on the powerful religious establishment. - Comment

India, Australia aim to seal trade pact by 2022

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Advt: Work for the best employer - Yourself

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Karnataka can sign MoU with e-commerce firms to promote its agro-products: CM

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Such investments depend on a more stable policy and regulatory framework than the streamlining of procedures and digitisation of paperwork

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Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

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