Haldiram's big-ticket move to enter dairy business hits a hurdle

Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders rejected the offer submitted by the snacks maker. Delhi-based Haldiram Snacks, in a tie-up with brokerage firm Pioneer Securities Ltd, had offered to acquire Kwality Ltd in August. However, Kwality’s creditors ......