Future Retail to pay Rs 273 cr in stock for Heritage Foods’ retail biz

Heritage Foods Ltd said it agreed to sell its food retail business to Future Retail Ltd in return for shares in the Kishore Biyani firm. The businesses covered by the deal are grocery and food retail, agricultural sourcing, processing and marketing, and bakery. As part of the deal, Future Retail will issue about 1.80 cr […]

Heritage Foods commissions second wind power project with Suzlon in Andhra

Heritage foods Ltd, one of the largest private sector dairy enterprises in Southern India, said it has finished the commissioning of the 2nd wind power plant at Vajrakarur of Ananthapur District in Andhra Pradesh. The wind power plant has a 2.1 MW capacity and is expected to generate 5 million units per year. At Rs […]