P&G seals Thorne deal to expand wellness business

Procter & Gamble will announce its acquisition of Thorne supplements on Tuesday. The company’s CEO stated the acquisition price aligns with industry benchmarks. Haleon, a UK consumer health firm, was reportedly bidding for Thorne. Thorne was valued at up to four billion dollars in June. P&G recently forecast slower annual sales growth despite strong beauty…

No policy formulated to incentivize vehicles blended with over 20% ethanol: Heavy Industries Ministry

The Heavy Industries Ministry has no separate policy for flex-fuel vehicles. It has not studied incentivizing flex-fuel and electric vehicles. The government defends its E20 ethanol blending program extensively. This program strengthens energy security and cushions consumers from price volatility. Ethanol is produced from multiple approved feedstocks, ensuring farmer interests.