GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Amul
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Britannia
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Parakh Foods
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Dabur
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Detailed explanation-1: -Cargill Foods, a very large American MNC, has taken over a smaller Indian company Parakh Foods. Parakh foods had five oil refineries whose control has now shifted to Cargill, who are now the largest producer of edible oils.
Detailed explanation-2: -2005. Acquires 100% stake in JV with Parakh Foods Ltd.; new BU formed ‘Refined Oils India. ‘ 2006.
Detailed explanation-3: -Cargill and Parakh Foods had come together because the MNC had sizeable financial and trading advantages in the import of edible oils, while Parakh had built a formidable marketing and distribution network for its brand Gemini, especially in southern India.
Detailed explanation-4: -Cargill Foods, an American MNC, had bought smaller Indian companies such as.