| The company was responding to reports of the Indian government ruling that the company cannot make a solo entry into the dairy business in India without the consent of the Wadia group, its 11-year-old joint venture partner in India. |
| A decision to that effect was taken by the industry department on Wednesday. |
| Danone executives said, "The company stands by what has been submitted to the government and is based on proper documentation and facts." |
Explore Business Standard