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New rules in effect: All packaged items must now display ‘date of manufacturing’ and ‘unit sale price’
Printing the ‘date of manufacturing’ and ‘unit sale price’ has become mandatory on all packaged commodities effective from Monday, according to Consumer Affairs Secretary...
Meesho’s early investors explore new secondary share sales at valuation of $3-3.5 Billion
Angel investors and early institutional shareholders of the e-commerce firm Meesho are in talks with potential investors to sell off their shares, according to...
New Year festivities propel Zomato, Swiggy, and Blinkit to record-breaking delivery figures in India
Zomato, Swiggy, and Blinkit experienced a substantial surge in orders throughout the New Year festivities. Deepinder Goyal, the CEO of Zomato, announced on his...
PepsiCo eyes fresh leadership amidst intensifying competition in Indian snacks market
PepsiCo, the manufacturer of beverages and snacks, is contemplating multiple candidates for the position of President and Chief Executive Officer for its business in...
New Year, New Records: MSIL’s liquor sales skyrocket to INR 18.85 Crore in Karnataka
Liquor outlets managed by the State-owned Mysore Sales International Limited (MSIL) recorded sales of alcoholic beverages amounting to INR 18.85 crore on Sunday, as...
Fresh trouble for Zomato as tax authorities seek INR 4.2 Crore in unpaid GST
Zomato, the foodtech giant, is currently facing fresh tax trouble as tax authorities have slapped a notice of INR 4.2 crore on the startup...
ITC ramps up cloud kitchen operations, targets major Indian cities
ITC plans to scale up the cloud kitchen business it has been piloting in Bengaluru. The conglomerate, renowned for offering North Indian lunch and...
Zomato raises platform fee to INR 4 per order in major cities
Listed food delivery platform Zomato has raised the platform fee to INR 4 per order in key markets, as indicated on its app.The revised...
Food prices in Estonia set to rise again in 2024 following tax adjustments
Food and beverage costs at retail establishments in Estonia are poised to increase once more in the upcoming year, as the repercussions of indirect...
FDA fast-tracks Xolair: New medication offers relief for those with severe food allergies
For people dealing with multiple food allergies, recent research indicates that a medication already sanctioned for asthma and chronic hives could safeguard against severe...
Indian retail sector set for 10-13% growth in 2024: Luxury, value purchases, and demand uptick on the horizon
The retail sector in India is set to enter a "transformative era," with an anticipated growth of 10-13 percent in the upcoming year. Embracing...
From smart kiosks to AI-powered chefs: How artificial intelligence stirred up the food business and restaurants in 2023
The year 2023 marked a significant turning point for Artificial Intelligence. Experiencing a global market surge of 37 per cent, AI underwent explosive and...