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Devyani International, operator of Pizza Hut and KFC, reports 21.2% profit decline in Q4 FY23
Devyani International Limited (DIL), a quick service restaurants chain operator, recorded a 21.2% decrease in consolidated net profit for Q4, ending on March 31,...
Greggs forecasts continued expansion as UK consumers embrace affordable dining
Greggs, the British bakery, is poised for continued growth this year despite tighter household budgets. The company's assortment of baked goods and introduction of...
Hershey India taps into consumer trends with ‘Slurp Up the Fun’ campaign and new milkshake flavor
Hershey India Pvt Ltd., a subsidiary of The Hershey Company, has launched the 'Slurp Up the Fun' digital campaign. As part of this campaign,...
A guide to understanding the consumption trends in the food market
The world is building businesses by understanding trends around the globe. For the Food Industry, it is quite a factor to understand consumption trends...
Reinventing the local tapri: Bevzilla’s ambitious plan to drive economic growth in local communities
Bevzilla, the leading beverage company, announces a unique and unconventional partnership with local tea stalls, widely known as "tapris". They will be launching 100...
Importance of authenticity in building a founder’s reputation for a food startup
In recent years, the food industry has seen an influx of startups, as more and more entrepreneurs enter the space with innovative ideas for...
Medusa beer dominates Delhi market with record-breaking beer can sales, capturing 17% market share
Medusa Beverages Pvt. Limited, an Indian brewery renowned for its well-loved beer brand 'Medusa,' has achieved remarkable triumph in the Delhi market. Over a...
Expanding your food business: Adapting to local tastes & preferences of tier-2 & tier-3 markets of India
India is a land of diverse cultures and preferences, which is reflected in its people's food habits. While metropolitan cities like Delhi, Mumbai, and...
How the food industry is enabling women in 30s to become entrepreneurs in 2023
The food industry has been a driving force for women's entrepreneurship for decades, and in 2023, it continues to provide a platform for women...
WHO’s latest guideline advises against using artificial sweeteners for weight management
The World Health Organization (WHO) has recently released new guidelines on non-sugar sweeteners (NSS), advising against their consumption. This recommendation aims to combat unhealthy...
Zomato launches in-house UPI offerings in collaboration with ICICI Bank, empowering users with seamless payments
Zomato, the foodtech giant, has now launched its own UPI service for P2P and merchant transactions as part of its ongoing experiments.Zomato UPI allows...
Mondelez International strengthens leadership team with Samir Jain as India Business Head
Confectionary giant Mondelēz International has announced the appointment of Samir Jain as President of its India business. Effective June 5, current President Deepak Iyer...