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Michigan’s new guns laws went into effect on Tuesday, focusing on four main ideas – universal background checks, safe storage requirements, red flag laws and limits on domestic abusers. ....
Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a disclosure by Ravalgaon Sugar Farm Ltd. Ravalgaon owns nine confectionery brands, including Pan Pasand and Coffee Break, aligning with RCPL s strategy of acquiring distressed old Indian brands and relaunching them, similar to its previous acquisition of the Campa soft drink brand. ....
“The acquisition of Matrix is an important step in this direction as it is strategically relevant, possesses a good complementary customer base, operationally strong, and above all, a leader in its own sphere,” said Sivaramakrishnan Ganapati, vice chairman & MD, Gokaldas Exports. ....