Air pollution in India is among the highest in the world and poses a serious threat to the populations health. The traditional burning of rice straw is a huge contributor. The rice straw waste itself is valuable because it can be recycled into green energy and bio fertilizer.
Key indices were trading at day s high with robust gains in mid-afternoon trade. The Nifty traded above the 14,850 level. Strong buying was seen in banks, financials and auto stocks.
At 14:27 IST, the barometer index, the S&P BSE Sensex, jumped 834.18 points or 1.7% at 49,778.87. The Nifty 50 index gained 227.95 points or 1.56% at 14,881.75.
The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index rose 1.05% while the S&P BSE Small-Cap index added 0.82%.
Buyers outpaced sellers.
On the BSE, 1,832 shares rose and 1060 shares fell. A total of 178 shares were unchanged.
Buzzing Index:
The Nifty IT index gained 0.61% to 25,973.05, rising for third trading day. The index has added 1.42% in three days.
LT Foods exports snacks brand ‘Kari Kari’ to Australia, UAE
April 24, 2021
Kari Kari is manufactured at the manufacturing facility at Sonepat, Haryana
LT Foods’ joint venture company with Kameda Seika, (Japan’s Rice Crackers Company) has started exporting its snack brand, called Kari Kari, to Australia & UAE.
Introduced in India in January 2020, Kari Kari is a premium, healthy, rice based crunchy snack.
“Kari Kari will now be available at Perth, Sydney & Dubai. The brand will also be distributed through the grocery chain store Aldi in Australia. LT Foods also plans to expand distribution of Kari Kari in GCC and New Zealand markets,” the company said in a statement.
LT Foods rose 0.56% to Rs 72.05 after the company announced the expansion of its premium rice-based snacks brand Kari Kari to Australia and UAE.
The company said that its joint venture company with Kameda Seika, Japan s largest Rice Crackers Company, has started exporting Kari Kari in the markets of Australia & UAE.
Introduced in India in January 2020, Kari Kari is a premium, healthy, rice based crunchy snack. Inspired by the famous Kameda Crisp a leader in Japanese rice cracker market with around 30% share, Kari Kari is made from rice and peanuts offering a range of hearty & wholesome savoury snack in four different flavours Chilli Garlic, Wasabi, Salt & Pepper and Spice Mania.