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Tuesday, October 15, 2024

Food & Beverage

Bikano expands product line with new besan-based snacks

Food & Beverage
Leading snack brand Bikano has expanded its offerings with a new range of besan-based products: Loung Sev, Ratlami Sev, and Bhavnagri Ghanthiya. This͏͏ move͏͏...

Pernod Ricard launches Asia’s largest malt distillery in Nagpur

Food & Beverage
Pernod Ricard India has achieved a significant milestone with the launch of Asia’s largest malt distillery and maturation facility in Butibori, Nagpur, Maharashtra. Strategic͏͏ Investment͏͏...

Varun Beverages to raise INR 7,500 Cr through QIP for strategic expansion

Food & Beverage
PepsiCo's leading bottler, Varun Beverages, plans to raise INR 7,500 crore from the market through a Qualified Institutions Placement (QIP) to finance its growth...

Kent RO partners with Black+Decker to launch innovative water purifiers

Food & Beverage
Kent RO Systems Ltd., a brand specializing in water purification solutions, has entered into a licensing partnership with home products brand Black+Decker to introduce...

Pernod Ricard launches Longitude 77 single malt in Punjab, expanding its reach across India

Food & Beverage
Pernod Ricard India's first-ever Indian single malt, Longitude 77, is set to expand its presence in the Indian market with its launch in Punjab. Longitude...

Ajay Mariwala’s Food Service India looks at 30% growth for HoReCa industry in India

Food & Beverage
Food Service India, a prominent player in the India’s ever-evolving HoReCa (Hotels, Restaurants, Catering) industry, aims for a 25% to 30% growth this year....

PepsiCo reports double-digit organic revenue growth in India for Q3 2024

Food & Beverage
Global food and beverages giant PepsiCo reported double-digit organic revenue growth in India for the third quarter of 2024. During an investor call, PepsiCo...

Eastern expands portfolio with ready-to-cook Kerala breakfast range

Food & Beverage
With the goal of becoming an all-foods brand, Eastern, a leading spice brand, has unveiled a new line of ready-to-cook Kerala breakfast products. The͏͏ newly͏͏...

Zomato allocates INR 330 Cr in stock options to employees through ESOPs

Food & Beverage
Foodtech giant Zomato has granted approximately 12 million stock options through its employee stock option plans (ESOPs). In͏͏ an͏͏ official͏͏ filing͏͏ dated͏͏ October͏͏ 2,͏͏...

IPO-bound Swiggy grants $271 Mn in ESOPs to founders, top executives

Food & Beverage
IPO-bound foodtech giant Swiggy has granted employee stock options valued at $271 million to its founders and top management. This͏͏ move͏͏ is͏͏ part͏͏ of͏͏...

Zomato shares surge 4% as HSBC raises PT to INR 330

Food & Beverage
Zomato shares surged over 4% in early trading today after brokerage HSBC reaffirmed its 'buy' rating, citing the company's lead over Swiggy in growth...

Indri Single Malt launches first travel-exclusive collection ‘City Series’ at Bengaluru Duty Free 

Food & Beverage
Piccadily Agro Industries, known for Indri single malt, launched its first travel-exclusive collection, the ‘City Series,’ with a special edition for Bengaluru Duty Free.  Marking...
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