Karnataka Milk Federation (KMF) chairperson Balachandra Jarkiholi has clarified that there was no proposal before the government for merging KMF with Amul. “Union Cooperation Minister Amit Shah had only opined that KMF and Amul could join hands to expand the market. He did not suggest merger of the two cooperatives. The Opposition parties are unnecessarily creating a
Zazove Associates LLC raised its holdings in shares of Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF – Get Rating) by 18.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 355,052 shares of the closed-end fund’s stock after acquiring an additional 55,979 shares during the period. […]
Apart from the fear of Amul taking over Karnataka Milk Federation’s Nandini, KMF itself has called the decision of Amul Dairy to enter Karnataka unethical.
The political squabble over the entry of Amul, the Gujarat state milk cooperative brand, into the Karnataka market has political ramifications for the ruling BJP, as it risks alienating a critical electoral vote bank.
The iconic dairy brand’s entry into Karnataka ahead of the state’s assembly elections next month has kicked up a political storm and put the BJP on the back foot